Insider Buy: Sunnyside Bancorp
Vecta Partners LLC Announces The Completion Of Its Acquisition Of Sunnyside Bancorp, Inc. SNNY
Press Release: Sunnyside Bancorp Announces Receipt of Regulatory Approvals
The high price of iron ore of 200 US dollars per ton is difficult to endure, but the bull market has not stopped, and it is difficult to fall below 100 US dollars in the short term
Original title: The high price of iron ore of 200 US dollars per ton is difficult to endure, but the bull market has not stopped. It is difficult to fall below 100 US dollars in the short term. On July 16, Nicholas Snowdon, head of basic metals and commodity research at Goldman Sachs, said that the bull market in the ore market has continued for more than two years and will not end soon. Although, Wood Mackenzie and Goldman Sachs say the iron ore bull market won't end anytime soon. Snowdon explained that currently iron ore prices are supported by very strong demand, suppliers have always restrained themselves from increasing production, and iron ore stocks are also very low. He also predicted that it would be 20
Midday: Powell continues to issue congressional testimony, US stocks maintain decline
In the early morning of the 16th Beijing time, US stocks maintained a downward trend at midday on Thursday. Investors are reviewing the results of Morgan Stanley and others. The data of first-time application for unemployment benefits in the United States set a new low during the epidemic. Federal Reserve Chairman Colin Powell continues to testify in Congress. A senior Fed official urged the central bank to reduce the size of its national debt. The Dow fell 3.14 points, or 0.01%, to 34930.09; the Nasdaq fell 115.22 points, or 0.79%, to 14529.73; and the S & P 500 fell 15.90 points, or 0.36%, to 4358.40. On Thursday morning, the yield on the 10-year Treasury note
Federal Reserve Chairman Colin Powell continues to support temporarily high inflation expectations and focus on risks
Despite disturbing levels of inflation, Federal Reserve Chairman Colin Powell defended his position of keeping policy loose for the second day in a row. He told the Senate Banking Committee on Thursday: "the shock to the system is related to the resumption of the economy and has made the inflation rate well over 2%, which of course we are uneasy about." Powell called the current price rise a "unique" phenomenon in history and said the Fed was watching closely to see if its expectations of temporarily high inflation were correct and whether inflation was likely to last longer. "so we are trying to understand the basic situation and the risks," he said. This is the first speech made by Powell in Congress this week.
The goddess of the ark made another bottom. Tesla bought nearly 70, 000 shares on Wednesday.
The fund owned by Cathy Wood, the goddess of the Ark, sold again on Wednesday when Tesla's share price plummeted, buying nearly 70, 000 shares. Three of Wood's funds bought shares in the electric carmaker, according to fund filings. The stock hit an intraday low of $546.98 on Wednesday, the second lowest this year since march 5, and closed down 2.5 per cent at $563.46. Wood's Ark Innovation ETF (ARKK) bought 43065 shares of Tesla on Wednesday. The electric car maker ranks first in the fund with a weighting of 10.4 per cent and a market capitalization of more than $1.9 billion.
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