Asia stocks trade higher; Japan’s second-quarter GDP revised lower

Asia stocks trade higher; Japan’s second-quarter GDP revised lower

SINGAPORE — Stocks in Asia Pacific were mixed in Tuesday trade, as Japan released revised gross domestic product figures for the second quarter.In Japan, the Nikkei 225 advanced 0.54% in afternoon trade while the Topix index gained 0.3%.Japan’s revised GDP figures for the April-June quarter showed the country’s economy shrinking an annualized 28.1%, according to second…

US trade deficit soars to 12-year high | TheHill

US trade deficit soars to 12-year high | TheHill

The trade deficit in July spiked 18.9 percent to $63.6 billion, the highest since July 2008 during the Great Recession, according to Commerce Department data released Thursday.Imports spiked $22.7 billion since June, while exports increased by just $12.6 billion.The deficit, which represents the difference between how much the U.S. bought from abroad and how much…

MLB trade deadline winners and losers: Padres go big; Yankees, Astros, Braves disappoint

MLB trade deadline winners and losers: Padres go big; Yankees, Astros, Braves disappoint

The 2020 Major League Baseball trade deadline passed on Monday at 4 p.m. ET. Because of the coronavirus shutdown and shortened 60-game season, teams only had five weeks to evaluate to their roster, and there are only four weeks remaining before the playoffs. There was not much time to make decisions and there will not…

How should you trade the Apple and Tesla stock splits?

How should you trade the Apple and Tesla stock splits?

There could be some excitement tomorrow around two of the market’s favorite stocks. Apple (NASDAQ:AAPL) begins trading after a 4-for-1 split at $125.50/share, while Tesla (NASDAQ:TSLA) starts trading on a 5-for-1 split-adjusted basis at $443.40/share. While the market caps of the companies will remain the same, some are saying the moves will make shares “more…