After an initial run, Zoom stock has pulled back amid broader concerns about the IPO market. If one of the better-positioned IPO stocks from a profitability … source CNBC
Zoom Stock Pulls Back After Initial Run-Up
Day: January 7, 2020
Denmark stocks higher at close of trade; OMX Copenhagen 20 up 0.29% By Investing.com
© Reuters. Denmark stocks higher at close of trade; OMX Copenhagen 20 up 0.29% Investing.com – Denmark stocks were higher after the close on Tuesday, as gains in the , and sectors led shares higher. At the close in Copenhagen, the added 0.29%. The best performers of the session on the were Pandora A/S (CSE:), which rose 3.38% or 11.1 points to trade at 339.3 at the close. Meanwhile, ISS A/S (CSE:) added 3.12% or 5.10 points to end at 168.40 and Genmab (CSE:) was up 2.57% or 36.5 points…
American Consumers, Not China, Are Paying for Trump’s Tariffs
WASHINGTON — American businesses and consumers, not China, are bearing the financial brunt of President Trump’s trade war, new data shows, undermining the president’s assertion that the United States is “taxing the hell out of China.” “U.S. tariffs continue to be almost entirely borne by U.S. firms and consumers,” Mary Amiti, an economist at the Federal Reserve Bank of New York, wrote in a National Bureau of Economic Research working paper. The other authors of the paper were David E. Weinstein of Columbia University and Stephen J. Redding of Princeton.…