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Tag Archives: e-trade

Dow Jones Lost 900 Points on Thursday while Coronavirus Is Spreading in U.S.

The COVID-19 spread continues to cast a larger shadow on the global markets as volatility seeps in. Analysts say that corrective measures by the Fed are doing little to control the market fall. Dow seriously dropped on Thursday.On Thursday, March 5, Dow Jones tanked 900 points giving a close above 26,100 levels. The markets have stayed quite unpredictable for the whole week oscillating to-and-fro.Since this Monday, Dow Jones has been moving 100 points up and down every alternate day. The...

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Morgan Stanley Buys E*Trade (ETFS) for $13B in an All-Stock Deal

Morgan Stanley’s acquisition of E*Trade has caused a stir in the global investment community. E*Trade has been a leading online broker that has produced stellar results for the greater part of a decade.E*Trade financial group has been reported by sources to have about $360 Billion in assets. The deal which is estimated to be worth about $13 billion is Morgan Stanley’s largest since the last financial crisis in 2008.This will give the financial giant about 5 million new clients 4,000 of which...

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