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Market Overview - Page 205


Brent crude breaks $70 after Saudi Arabia’s oil facilities attacked by Yemen’s Houthis
Brent crude breaks $70 after Saudi Arabia’s oil facilities attacked by Yemen’s Houthis.

International benchmark Brent crude futures popped during Asian trading hours Monday, moving above $70 a barrel for the first time in more than a year. The surge in oil prices came after Saudi Arabia said its oil facilities were targeted.

Futures slip after Senate passes $1.9 trillion Covid relief bill
Futures slip after Senate passes $1.9 trillion Covid relief bill.

U.S. futures fell early Monday morning as a new stimulus package from Washington headed toward final passage this week. Futures contracts tied to the Dow Jones Industrial Average erased earlier gains of more than 100 points to trade fractionally lower..

Meghan Markle says rumors drove her to thoughts of suicide; palace had ‘concerns’ about how dark her son’s skin might be
Meghan Markle says rumors drove her to thoughts of suicide; palace had ‘concerns’ about how dark her son’s skin might be.

The pressure of being under the microscope drove Meghan, the Duchess of Sussex, to thoughts of suicide, Prince Harry’s wife said in explosive interview with Oprah Winfrey on Sunday. She said she had been the victim of “character assassination,” and.

Jobs soaring along with wages cementing bond yield jump
Jobs soaring along with wages cementing bond yield jump.

According to the latest monthly report, the US added 379k new jobs in February, almost twice as many as expected, after a 166k gain a month earlier (revised from 49k). The services sector added 513k, becoming the market’s growth driver.

Bitcoin Falls to $48K as Fed’s Powell Makes No New Promises; Ether Drops
Bitcoin Falls to $48K as Fed’s Powell Makes No New Promises; Ether Drops.

Bitcoin’s price fell by the most in a week after U.S. Federal Reserve Chair Jerome Powell acknowledged he “would be concerned” by tightening financial conditions because rising U.S. government-bond yields put upward pressure on borrowing costs. The comments might signal.

Experts divided on BTC predictions: Bullish or super bullish?
Experts divided on BTC predictions: Bullish or super bullish?.

Despite the current battle between Bitcoin bulls and bears around the $50,000 price mark — and an 8.7% pullback over the past 24 hours — a raft of analysts and commentators have got out their crystal balls to tip a.

Asian shares come off one-month lows; eyes on U.S. payrolls
Asian shares come off one-month lows; eyes on U.S. payrolls.

A late rally in Chinese shares on Friday helped pull Asian stocks off one-month lows as investors picked bargains while attention shifted to U.S. non-farm payrolls due later in the day. E-Mini futures for S&P 500, which were down 0.5%.

Oil soars to near 14-month high as OPEC+ extends output cuts into April
Oil soars to near 14-month high as OPEC+ extends output cuts into April.

Oil prices jumped more than $1 a barrel on Friday, hitting their highest levels in nearly 14 months, after OPEC and its allies agreed not to increase supply in April as they await a more substantial recovery in demand amid.

Market sell-off to last until US support package
Market sell-off to last until US support package.

Yesterday was another day of falls with Nasdaq down more than 2% and much more modest losses for the Dow Jones (-1.1%) and S&P500 (-1.3%) as US long-term government bond yields continue to climb. Yields on 10-years rose to 1.57%.

In battle with U.S., China to focus on 7 ‘frontier’ technologies from chips to brain-computer fusion
In battle with U.S., China to focus on 7 ‘frontier’ technologies from chips to brain-computer fusion.

China is looking to boost research into what it calls “frontier technology” including quantum computing and semiconductors, as it competes with the U.S. for supremacy in the latest innovations. In its five-year development plan, the 14th of its kind, Beijing.

A sand shortage? The world is running out of a crucial — but under-appreciated — commodity
A sand shortage? The world is running out of a crucial — but under-appreciated — commodity.

An insatiable global appetite for sand, one of the world’s most important but least appreciated commodities, is unlikely to let up anytime soon. The problem, however, is that this resource is slipping away. Our entire society is built on sand..

Fed Chairman Powell says economic reopening could cause inflation to pick up temporarily
Fed Chairman Powell says economic reopening could cause inflation to pick up temporarily.

Federal Reserve Chairman Jerome Powell said Thursday that he expects some inflationary pressures in the time ahead but they likely won’t be enough to spur the central bank to hike interest rates. “We expect that as the economy reopens and.

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