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Market Overview - Page 170


Crucial Thursday for the Pound
Crucial Thursday for the Pound.

All eyes are on the British Pound today, which is affected by a whole set of diverse factors from the Bank of England meeting and the Scottish elections, to global demand for risk assets. Should all of these factors work.

U.S. solar jobs fell 7% in 2020 on pandemic, efficiency gains
U.S. solar jobs fell 7% in 2020 on pandemic, efficiency gains.

Jobs in the U.S. solar industry fell nearly 7% last year due to work restrictions related to the coronavirus pandemic and large gains in labor efficiency, according to an industry report published on Thursday. The decline extends a volatile period.

Stock futures rise after the Dow closed at a record
Stock futures rise after the Dow closed at a record.

U.S. stock index futures rose early Thursday, after the Dow closed at a record. Futures contracts tied to the Dow Jones Industrial Average gained 90 points. S&P 500 futures advanced 0.26%, while Nasdaq 100 futures rose 0.36%. During the session,.

Japan, South Korea stocks rise in mixed trading as investors look ahead to the U.S. jobs report
Japan, South Korea stocks rise in mixed trading as investors look ahead to the U.S. jobs report.

Asia-Pacific stock markets traded mixed on Thursday as investors look ahead to the U.S. jobs report due later this week for clues about how long the Fed will stay on hold. Japanese markets returned to trade for the first time.

Chip Shortage Gets Worse for Car Giant, With No End in Sight
Chip Shortage Gets Worse for Car Giant, With No End in Sight.

Stellantis NV warned the global semiconductor shortage will deteriorate further from the first three months of the year, when the crunch curbed planned output by 11%. The company formed from the merger between Fiat Chrysler and PSA Group said things.

Copper is ‘the new oil’ and low inventories could push it to $20,000 per ton, analysts say
Copper is ‘the new oil’ and low inventories could push it to $20,000 per ton, analysts say.

The world risks “running out of copper” amid widening supply and demand deficits, according to Bank of America, and prices could hit $20,000 per metric ton by 2025. In a note Tuesday, Bank of America commodity strategist Michael Widmer highlighted.

India reports over 412,000 new Covid cases as court demands plan to tackle oxygen shortage in Delhi
India reports over 412,000 new Covid cases as court demands plan to tackle oxygen shortage in Delhi.

India once again reported a record number of cases and fatalities on Thursday as it faces a devastating second wave of Covid-19 infections that has pushed its health-care system to the brink of collapse. Health ministry data showed there were.

The US private sector saw the most substantial job growth since September, ADP says
The US private sector saw the most substantial job growth since September, ADP says.

The ADP report showed US private sector employment rising by 742K in April from 565K a month earlier (revised from 517K). Of the last 12 reports, nine were weaker than expected, but often Friday’s official report did not disappoint the.

Thoughts of a Fed policy turnaround scared markets
Thoughts of a Fed policy turnaround scared markets.

Former Fed chief and current US Treasurer Yellen sparked a violent sell-off in equity markets, noting that an interest rate hike may be needed to prevent the economy from overheating as Biden’s stimulus plan came into play. A few hours.

Asia shares subdued by tech retreat, U.S. futures steady
Asia shares subdued by tech retreat, U.S. futures steady.

Asian shares were trying to avoid a fourth straight session of falls on Wednesday as U.S. stock futures steadied in the wake of a pullback in large-cap tech darlings. Holidays in Japan, China and South Korea helped cushion markets, leaving.

U.S. Futures Rise After Tech Slide; Dollar Slips
U.S. Futures Rise After Tech Slide; Dollar Slips.

U.S. equity futures rose and Asian stocks were steady Wednesday after markets dipped overnight on a technology selloff and Treasury Secretary Janet Yellen’s comments on interest rates. The dollar slipped. S&P 500 contracts advanced after gains in the commodity, financial.

U.S. trade deficit surges to record; shortfall with China keeps rising
U.S. trade deficit surges to record; shortfall with China keeps rising.

The U.S. trade deficit hit a fresh record high in March as consumers flush with government cash spurred a continuing demand for foreign-made goods. With a new round of $1,400 stimulus checks pouring in and the domestic economy continuing to.

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