Search results
Results from the WOW.Com Content Network
A wash sale is when you sell an asset, such as a stock or bond, for a loss but have purchased the same asset or a very similar one within 30 days before or after the sale. A wash sale makes it ...
After a sale is identified as a wash sale and if the replacement stock is bought within 30 days before or after the sale then the wash sale loss is added to the basis of the replacement stock. The basis adjustment preserves the benefit of the disallowed loss; the holder receives that benefit on a future sale of the replacement stock.
Wash trading is a form of market manipulation in which an entity simultaneously sells and buys the same financial instruments, creating a false impression of market activity without incurring market risk or changing the entity's market position. Wash trading has been deemed illegal in most jurisdictions.
In economics and finance, market manipulation is a type of market abuse where there is a deliberate attempt to interfere with the free and fair operation of the market; the most blatant of cases involve creating false or misleading appearances with respect to the price of, or market for, a product, security or commodity.
The dollar fell and stocks struggled on Monday as investors trod carefully ahead of a U.S. presidential election of great consequence for the global economy, with a U.S. Federal Reserve interest ...
The market is awaiting several more data points this week. Initial jobless claims, a third-quarter GDP revision, and personal consumption expenditures data are scheduled for release Wednesday morning.
The New York Stock Exchange reopened that day following a nearly four-and-a-half-month closure since July 30, 1914, and the Dow in fact rose 4.4% that day (from 71.42 to 74.56). However, the apparent decline was due to a later 1916 revision of the Dow Jones Industrial Average, which retroactively adjusted the values following the closure but ...
Back in its second-quarter earnings report in August, Target (NYSE: TGT) gave investors hope that it was finally turning the corner. Comparable sales rose 0.3% in the quarter as traffic was up 2.4 ...