Market Overview - Page 220

U.S. stock index futures rose in early morning trading Monday, as the major averages looked to build upon gains following the best week since November. Futures contracts tied to the Dow gained 92 points. S&P 500 futures and Nasdaq 100.

China’s capital city will hand out about $1.5 million in a limited trial of the central bank’s digital currency, the municipal government announced over the weekend. That marks the third major test of the digital currency under development by the.

Silicon chips are the lifeblood of the tech-obsessed world we live in, but today they’re in short supply. Demand for these chips, or semiconductors, has soared during the coronavirus pandemic as people snapped up games consoles, laptops and TVs to.

Drugmaker AstraZeneca is racing to adapt its Covid-19 vaccine in the face of new variants of the virus, with the process becoming more urgent after a small-scale study found that it was less effective at protecting against the more virulent.

President Joe Biden said his administration was ready for “extreme competition” with China but that his approach would be different than his predecessor. “I’m not going to do it the way Trump did. We are going to focus on the.

The US labour market created 49K new jobs in January, according to the latest report. The data was roughly in line with analysts’ forecasts ahead of the week but was disappointing after robust ADP and jobless claims estimates. The previous.

The strengthening of the dollar is taking its cue from the optimism around economic recovery, which is reflected by the steepest yield curve we have seen in 5 years. While the Fed is slashing the near-term yields to rock-bottom, Treasury.

Ethereum wallet and interface MyEtherWallet, or MEW, has brought decentralized applications to its 1.3 million monthly users through a new “DApps Browser” feature in the MEW mobile app. The collaboration with DApp analytics site DappRadar opens the door for MEW.

U.S. job growth likely rebounded in January as authorities began easing COVID-19 restrictions on businesses with the ebbing pace of infections, which could offer the strongest signal yet that the worst of the labor market turmoil was behind after the.

Deep-pocketed investors pumped a record $4.2 billion into big technology stocks last week, BofA’s flow data showed on Friday, taking advantage of the slight pullback on Wall Street while retail traders were busy buying stocks such as GameStop. An army.

Global shares traded near record highs on Friday, with Asian stocks taking their lead from Wall Street, as progress in vaccine distribution prompted bets on further normalisation in the global economy and an earnings recovery. An index of the world’s.

Shares of Chinese short video company Kuaishou rose nearly 200% at the open on its debut in Hong Kong. The technology firm raised 41.28 billion Hong Kong dollars ($5.32 billion) from the initial public offering (IPO) after pricing its shares.