Market Overview - Page 230

Australia has passed a new law that will require digital platforms like Facebook and Google to pay local media outlets and publishers to link their content on news feeds or in search results. The move was widely expected and comes.

Shares of GameStop climbed more than 70% in premarket trade on Thursday as heavily-shorted stocks favored by Reddit traders look set for a resurgence. Investors piled into the bricks-and-mortar video game retailer on Wednesday following the reported ousting of Chief.

The chief executive of Standard Chartered on Thursday warned stock market valuations appear to have reached unsustainable levels amid a period of what he described as “speculative hype,” warning it is possible for a tech-led sell-off to spill over into.

The buying of risky assets has intensified again in the markets. The rally in commodity currencies and the pound is being stretched even further. As confirmation of buyers’ strength, the Dow Jones30 has added 1.35%, and futures are now above.

The UK boasts an impressive population vaccination rate, which is already paying off: the number of new daily deaths from coronavirus fell by three times over the month and almost six times for new daily cases. Therefore, the prospects of.

The pressure on stock markets eased somewhat by the end of the day on Tuesday. The decline in Tesla shares was reduced from 13% to just 2% by the end of the day, and Apple almost clawed back all of.

Fresh data from FHFA noted a 1.1% increase in house prices during December, and this is the seventh consecutive month of price increases of more than 1%. According to this metric, prices are now 11.4% higher than a year earlier..

The US dollar is retreating, sending the DXY index below the 90-significant circular level and the 50-day moving average. The dollar’s corrective recovery proved short-lived. The US is trying even harder than during the global financial crisis to solve the.

Stock markets are under moderate pressure on Monday morning. To clarify, “moderate pressure” translates into a fifth consecutive session of declines for the S&P500, dumping the index by 1.6% from record levels. Meanwhile, the sell-off in long-term bonds continues, causing.

Global markets are intensifying trends of profit-taking from the gains of previous months. This is clearly visible in the weaker performance of the Nasdaq100 (-0.7%) compared to the S&P500 (-0.44%) and DowJones30 (-0.38%). Against this backdrop, Asian indices retreated from.

A dip in UK retail sales of 8.2% in January does not seem to have succeeded in dampening buyer interest in the British pound. The drop in sales is linked to a strict lockdown last month, but progress in vaccination.

The US’s weekly jobless claims came out noticeably weaker than expected, further underlining the government stimulus packages’ importance. Initial jobless claims for the week to February 13th jumped to 861K vs an expected fall to 775K. As in the previous.