Market Overview - Page 144

Europe’s corporate earnings season began in earnest last week, with analyst consensus projecting a 140% year-on-year increase in earnings per share for the second quarter. Earnings per share is an important metric used by traders to gauge the value of.

Stocks slumped around the world as investors rushed into haven assets after the delta coronavirus variant cast a pall over the economic recovery, while tension between the U.S. and China escalated. In a reversal of the reopening trade that has.

U.S. stocks fell aggressively Monday on concern a rebound in Covid cases would slow global economic growth. The selling picked up though early afternoon and the Dow Jones Industrial average was headed for its biggest drop of the year. The.

The markets closed last week with a selloff, which is developing at the start of the new week’s trading. Japan’s Nikkei225 is down over 1.3%, and Shanghai’s Hang Seng is down about 2%, trading at weekly lows, below the circular.

Stocks and U.S. equity futures fell Monday amid concern elevated inflation and a resurgence of the pandemic will weigh on global demand. Oil dropped after an OPEC+ supply deal. The Stoxx Europe 600 index headed for a six-week low as.

U.S. stock index futures were lower during overnight trading on Sunday, after the major averages posted their first negative week in four. Futures contracts tied to the Dow Jones Industrial Average slid 169 points. S&P 500 futures and Nasdaq 100.

Oil prices fell nearly 1% on Monday morning during Asia hours after OPEC and its allies agreed to end oil production cuts. Brent crude futures fell 0.88% to $72.94 a barrel, while U.S. crude futures fell 0.97% to around $71.11.

England is taking a step into the unknown on Monday, lifting nearly all remaining restrictions on public life at a time when coronavirus infections are high and rising. From Monday, there will be no more limits on indoor gathering. Nightclubs.

Since late June, gold has been rising almost every trading session, reaching $1822 per troy ounce on Friday morning. The easy part of the rise is left behind, and now the bulls have to prove that they are serious. Over.

The US data portion pointed to further economic recovery. Data for last week show Initial jobless claims fell to 360k (350k expected). The number of continued claims fell by 126k to 3.241M. In both cases, we see the lowest levels.

Oil is losing for a second consecutive day on fears of oil supply expansion from both OPEC+ and the US. Despite some contradictory reports, there is still a growing chance that the UAE will agree to a quota increase. The.

U.S. drug overdose deaths soared almost 30% to a record 93,331 in 2020, or an average of 256 a day, in yet another health concern tied to a pandemic that’s killed more than 600,000 Americans. In Europe, health officials say.