Market Overview - Page 231

Global stock prices slipped and bond yields rose on Wednesday as investors braced for the prospect that Democrats could win both seats at stake in a U.S. Senate run-off election in Georgia, handing them control of the chamber. Along with.

Bitcoin soared on Wednesday to touch an all-time high, as the cryptocurrency continued trading wildly. The price of bitcoin rallied to trade above $35,000 as of about 2:11 a.m. EST Wednesday, according to data from Coin Metrics. The price surge.

The global economy could be in for “a lost decade” with subdued growth after the Covid-19 pandemic triggered the worst economic recession since World War II, the World Bank said on Tuesday. “If history is any guide, unless there are.

Chinese automaker BYD is selling far more luxury electric sedans a month than the leading start-ups in the country, even though overall sales fell 11% last year. BYD, backed by American billionaire Warren Buffett, disclosed late Tuesday that sales of.

On the first working day of the new year, global stock exchanges failed to maintain a positive outlook due to intensified political confrontation on several fronts at the same time. US markets came under increased pressure due to the senate.

Bitcoin may have the potential for substantial further gains over the long term as it competes with gold for investment flows, according to JPMorgan Chase & Co. Bitcoin’s market capitalization of around $575 billion would have to rise by 4.6.

Boris Johnson pinned his hopes for a national recovery on a plan to deliver 2 million coronavirus vaccinations a week, as the U.K. went back into lockdown in an attempt to prevent hospitals being overwhelmed. Amid dire warnings that the.

Oil prices were little changed on Tuesday before deadlocked talks between major producers about potential changes in February output are set to continue later in the day while fuel demand concerns lingered amid new COVID-19 lockdowns. Brent crude futures for.

The dollar fell against major peers on Tuesday as China set the official yuan exchange rate at the strongest since abandoning its peg in 2005, which helped support demand for other units. The Australian dollar led gains in major currencies.

Stock futures nudged higher in early morning trading on Tuesday after the S&P 500 suffered its first decline to start a year since 2016. Futures on the Dow Jones Industrial Average rose 85 points. S&P 500 futures and Nasdaq 100.

Britain formally left the European Union’s trade bloc on Dec. 31, marking a new era for the U.K.-EU relationship. After months of wrangling, new rules for trade were finally agreed just days before the year-end deadline. But in a document.

The New York Stock Exchange said it no longer plans to delist three Chinese telecommunications giants. In a late Monday statement, the NYSE said it dropped the plans after “further consultation with relevant regulatory authorities in connection with Office of.