A New Jersey deli that reached a market capitalization of more than $100 million on an over-the-counter exchange raised many eyebrows.
"It's hard to see how electing any president makes a difference to people's long-term portfolios," says Barry Ritholtz.
The president appeared to backtrack on his earlier decision to halt talks with Democrats over a new stimulus package.
Investors will see more shares, but at a lower price.
The S&P 500 was up 2.2% after the government said that U.S. employers added 2.5 million workers to their payrolls last month.
While the U.S. waits on word of rate cuts, the global economy is seeing negative interest rates.
It comes as the Chinese yuan dropped to its lowest level against the dollar in a decade.
It's the largest drop since December.
Rhyming poetry can be hard ... with apologies to the Bard.
Levi Strauss & Co. returns to the stock market this week. The 165-year-old company is hoping to sell more than $500 million in shares, which it will invest in broadening product offerings and appealing more to young people.