To The Moon

* Dow, S&P 500, Nasdaq up >2%; smallcaps, transports ahead * Every S&P sector green; financials up

Hong Kong’s plan to increase the stamp duty on stock trading will not harm the competitiveness of the city’s financial markets, Financial Secretary Paul Chan told CNBC on Friday.Chan said in his budget speech on Wednesday that the government will raise the stamp duty paid on listed stock trades from 0.1% to 0.13%.The move “will not harm our competitiveness and at the same time will bring additional revenue to the government at this juncture,” said Chan.Chan said in his budget speech on Wednesday

One of the world’s largest foundations recently disclosed major changes in its investment portfolio.

Investors this week are gearing up to hear from Federal Reserve Chair Jerome Powell in his semiannua

LONDON —Uberlost a crucial legal fight in the U.K. on Friday, as the country's Supreme Court upheld

‘Much like in Vegas, the house generally wins,” said Vance Barse, a San Diego, California-based financial advisor who runs a company called Your Dedicated Fiduciary.Robo investing has become increasingly ubiquitous on practically every brokerage platform. Until Tuesday, Goldman Sachs GS, -0.91% restricted its robo-advisory service, Marcus, to people who had at least $10 million to invest.Now anyone with at least $1,000 to invest in can access the same trading algorithms that have been used by so