Market Overview - Page 192

Oil prices steadiedr on Wednesday, following the previous day’s slump, but the recovery was stunted by fears of a slow recovery in demand due to new pandemic lockdowns in Europe and a build in U.S. crude stocks. Brent crude futures.

U.S. stock futures were flat in overnight trading on Tuesday amid renewed investor concern about the global recovery from the coronavirus pandemic. Dow futures rose 10 points. S&P 500 futures gained 0.04% and Nasdaq 100 futures rose 0.15%. On Tuesday,.

Intel announced on Tuesday that it will spend $20 billion to build two new chip factories, called fabs, in Ocotillo, Arizona. Intel stock rose as much as 5% on the news in extended trading on Tuesday. The announcement, coinciding with.

Chinese video platform Bilibili will raise around $2.6 billion in its upcoming Hong Kong listing. The Nasdaq-listed technology company said on Tuesday that it will price the 25 million shares it will issue at 808 Hong Kong dollars each. That.

On the eve of the anniversary of the coronavirus “bottom” and the subsequent reversal to growth, positive sentiment prevailed in developed markets, but this had faded by early Tuesday.  The currency market looks increasingly anxious, showing a bias towards safe-havens,.

Analytics provider Glassnode is reporting that current on-chain indicators suggest the Bitcoin bull market may be entering into its later stages. In its March 22 Week on Chain report, on-chain analytics provider Glassnode noted a decline in the number of.

A year to the day after they were first ordered to stay at home to contain the spread of COVID-19, Britons will remember the more than 126,000 people who have lost their lives to the virus, a toll few could.

The Biden administration is considering as much as $3 trillion worth of measures to include in the long-term economic program that will follow the $1.9 trillion pandemic-relief bill signed earlier this month, according to three people familiar with the deliberations..

Britain’s jobless rate unexpectedly fell in the three months to January, a change that partly reflected people giving up their job hunt as lockdown measures tightened at the start of the year, official figures showed on Tuesday. The main jobless.

The findings of a large U.S. trial have shown that the coronavirus vaccine developed by AstraZeneca and the University of Oxford is 79% effective in preventing symptomatic illness and 100% effective against severe disease and hospitalization. The safety and efficacy.

Federal Reserve Chairman Jerome Powell said Monday that cryptocurrencies remain an unstable store of value and the central bank is no hurry to introduce a competitor. “They’re highly volatile and therefore not really useful stores of value and they’re not.

Worsening tensions between the European Union and China could jeopardize an investment deal that the two sides recently negotiated. The EU on Monday imposed sanctions on four Chinese officials and one entity for human rights abuses in China’s northwestern Xinjiang.