Market Overview - Page 125

The S&P 500 climbed to an all-time high on Thursday after weekly jobless claims came in slightly better than expected. The broad equity benchmark added 0.4% to hit an all-time high on pace for its 54th record closing high of.

Data from Cointelegraph Markets Pro and TradingView showed BTC/USD suddenly breaking through the $50,000 mark to hit its highest since Aug. 23. After a night of bullish action, the pair left its lower trading range of recent weeks behind, with.

Facebook-owned WhatsApp has been fined a record 225 million euros ($267 million) by Ireland’s data watchdog for breaching EU data privacy rules. Ireland’s Data Protection Commission said Thursday that WhatsApp did not tell citizens in the European Union enough about.

The European Central Bank will announce the reduction of its Covid-related stimulus in December, four analysts told CNBC amid an economic improvement in the euro zone. In the United States, the Federal Reserve has already signaled it is likely to.

When making the argument that stocks are overvalued, one index often is trotted out — the cyclically adjusted price-to-earnings ratio popularized by Robert Shiller, the Yale professor and Nobel laureate. The index uses earnings over the last decade, rather than.

The number of initial claims for the week to 28th of August fell to 340K (new pandemic lows) from 354K the week earlier. The number of continued claims fell by 160K in the week to 21st of August to 2,748K..

US indices little changed on Wednesday, and Asian markets retreated from 5-week highs on mixed US data. Markets and economies are often on opposite sides of the barricades. They sometimes welcome weaker data as it suggests ultra-soft policy remains in.

US oil inventories declined more than expected last week. The EIA report noted a 7.2M barrel drop in commercial inventories, vs -2.5M expected. Often in August-September, with the end of the summer travel season, there is a turning point in.

OPEC and its allies agreed to stick to their existing plan for gradual monthly oil-production increases after a brief video conference. Ministers ratified the 400,000 barrel-a-day supply hike scheduled for October after less than an hour of talks, one of.

The World Health Organization asked world leaders again to hold off on administering Covid-19 boosters for at least another month to give poorer nations the chance to inoculate more of their populations with first doses. More than 5 billion Covid.

Google is edging closer to rolling out its own central processing units, or CPUs, for its Chromebook laptops, according to a report from Nikkei Asia on Wednesday that cites people familiar with the matter. The U.S tech giant reportedly plans.

Covid-19 vaccines are still “stunningly effective” despite fears that immunity may dwindle over time, experts have said. There have been some concerns about the efficacy of Covid-19 vaccines after a number of recent studies indicated a growing number of so-called.