The Traderszone Network

The Nasdaq 100 index, dominated by U.S. technology stocks, may set a record high next week, helped by good earnings from Apple Inc expected on Tuesday. Technology shares led the U.S. stock market’s recovery this week from its worst correction in four years in August, thanks to gains in Alphabet, Amazon and Microsoft, after the three companies reported better-than-expected earnings results. The Dow Jones industrial average rose 0.9 percent to 17,646.70, the S&P 500 index recovered another 1.1 percent to 2,075.15, and the Nasdaq Composite closed the week up 2.27 percent at 5,031.86.

China should join at an appropriate time the U.S.-backed regional trade accord the Trans-Pacific Partnership (TPP) as its broad aims are in line with China’s own economic reform agenda, an influential Communist Party newspaper said on Sunday. China is not among the 12 Pacific Rim countries who earlier this month agreed the trade pact, the most ambitious in a generation. China’s trade minister has said the country does not feel targeted by it, but will evaluate the likely impact comprehensively.

Swiss National Bank Vice President Fritz Zurbruegg said “At its current level the Swiss franc remains markedly overvalued … The depreciation has been positive, but we expect further development in this direction”

What is paid-in capital, and how to find it on a balance sheet.

Companies raise capital in a variety of ways, each with its own advantages and disadvantages