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The scale of the Federal Reserve's overnight reverse repurchase operation climbed to a record $1.116 trillion
The scale of use of one of the Federal Reserve's main policy instruments reached a record high on Wednesday due to abundant US dollar funding. The scale of use of the Federal Reserve's overnight reverse repurchase tool by 82 participants reached an unprecedented level of 1.116 trillion US dollars. Through overnight reverse repurchases, counterparties such as money market funds can store their cash in the Federal Reserve. According to Federal Reserve data, the above scale exceeded the all-time high of 1.087 trillion US dollars set on August 12. The scale of use on Tuesday was $1.053 trillion, with 70 participating institutions.
The Senate meets on Saturday to discuss Barrett's nomination, which will be confirmed on Monday.
The procedural vote will be held on Sunday and the final confirmation will be held on Monday. On Saturday afternoon EDT, the Senate will meet in a rare session to debate Justice Amy Coney Barrett's entry to the Supreme Court. In a few days, voters will decide whether Republicans will continue to control the Senate and the White House. Democrats strongly opposed the confirmation of Barrett's appointment so close to the election, boycotting the Judiciary Committee's vote on Thursday. Senator Chuck Schumer (Chuck Schumer), Democrat of New York, adopted four kinds of procrastination wars at the Senate meeting on Friday.
Sienna Biopharmaceuticals Inc, Inst Holders, 1Q 2020 (SNNAQ)
Sienna Biopharmaceuticals Inc, Inst Holders, 4Q 2019 (SNNAQ)
Bank of America Corporation announced that the revenue and net profit of Q4 in 2019 were lower than expected.
Sina U. S. stocks on January 15 news, Bank of America Corporation announced the fourth quarter of fiscal year 2019 financial results. Bank of America Corporation earned $1.02 billion from stock trading in the fourth quarter, excluding debt valuation adjustments, according to financial data. Fourth-quarter revenue from FICC trading, excluding debt valuation adjustments, was $1.84 billion. Investment banking revenue in the fourth quarter was $1.5 billion, with market estimates of $1.42 billion. Revenue in the fourth quarter was $22.3 billion, compared with $22.736 billion in the same period last year. Net profit in the fourth quarter was $7 billion, compared with $7.039 billion in the same period last year.
Report: global IT spending will reach $3.9 trillion this year. Software growth is the fastest.
According to Gartner's latest forecast, global IT expenditure will reach 3.9 trillion US dollars in 2020, an increase of 3.4% over 2019. Global IT spending is expected to break through the $4 trillion mark in 2021. Gartner believes that the fastest-growing major market this year will be software, which will achieve double-digit growth of 10.5 per cent. By 2022, corporate IT spending on cloud products will grow faster than traditional (non-cloud) IT products. Enterprises spend a high proportion of IT on cloud adoption, which indicates that there will be