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U.S. stock market has been trading in a narrow range after presidential election

The U.S. stock market has been trading in a narrow range recently after running up in the months after the presidential election.
“Summer corrections are very, very common and we should expect on that type of a pullback … you should see investors put money to work in equities over bonds globally,” he told “Closing Bell.”
With a 1.95 percent dividend yield on the S&P, we should be very comfortable right now and just enjoy it,” he said in an interview with “Closing Bell.”

US stock market ‘sliding up a hill of complacency,’ portfolio manager says

US stock market

“The U.S. market has really been … sliding up a hill of complacency right now,” the portfolio manager at William Blair said in an interview with “Closing Bell.”
“Even if we have a correction, then all the bargain hunters are going to come in to pick up all the dividend stocks.
The U.S. stock market has been trading in a narrow range recently after running up in the months after the presidential election.
“Summer corrections are very, very common and we should expect on that type of a pullback … you should see investors put money to work in equities over bonds globally,” he told “Closing Bell.”
With a 1.95 percent dividend yield on the S&P, we should be very comfortable right now and just enjoy it,” he said in an interview with “Closing Bell.”

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Retailer is angling for stock market float

stock market

Angling Direct is casting its line into the junior Alternative Investment Market with the aim of cashing in on the growing popularity of fishing.
Britain’s biggest angling equipment retailer wants to hook £8 million of new investment to fund its expansion.
It has 15 large stores and an online business that accounted for almost half of its £21 million revenue last year.
Angling is the sixth most popular sport in the UK, with more than four million people taking to boats, riverbanks and lakesides each year james mccormick/Getty ImagesFor once, the prospect of the City’s finest smelling something fishy in a stock market flotation is exactly what the soon-to-be-public company is hoping for.
Darren Bailey, chief executive of the the reel, rod and tackle supplier, said that more people were taking up the sport as it gained a greater presence on television, with programmes such as Extreme Fishing with Robson Green…

 

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