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Market Overview - Page 233


A historic oil price collapse, with worries headed into 2021
A historic oil price collapse, with worries headed into 2021

Even as global prices end the year at about $51 a barrel, near the average for 2015-2017, it masks a year of volatility. In April, U.S. crude plunged deep into negative territory and Brent dropped below $20 per barrel, slammed.

Japan stocks lead Asian shares higher as U.S. stimulus fuels rally
Japan stocks lead Asian shares higher as U.S. stimulus fuels rally

Asian shares rose on Tuesday, with Japanese stocks hitting a 30-year high, as investor risk was encouraged by a Brexit trade deal and hopes a long-awaited U.S. pandemic relief package will be expanded. MSCI’s broadest index of Asia-Pacific shares outside.

Chart points to bitcoin ‘peaking out’ in early 2021, trader says
Chart points to bitcoin ‘peaking out’ in early 2021, trader says

Bitcoin could be headed for a breather in the new year. The red-hot cryptocurrency continued its longest monthly win streak in more than a year on Monday after grazing a new all-time above the $28,000 mark on Sunday. Based on.

House passes bill for $2,000 stimulus checks – leaving it up to GOP-controlled Senate
House passes bill for $2,000 stimulus checks – leaving it up to GOP-controlled Senate

The House voted Monday to increase the second round of federal direct payments to $2,000 as Democrats embrace President Donald Trump’s calls to put more money in Americans’ pockets. The measure would boost the stimulus checks in the year-end coronavirus.

Japan’s Nikkei 225 surges to levels not seen since early 1990s; Asia-Pacific markets mixed
Japan’s Nikkei 225 surges to levels not seen since early 1990s; Asia-Pacific markets mixed

Stocks in Asia-Pacific were mixed on Tuesday following overnight gains on Wall Street that sent the major averages to record highs. In Japan, the Nikkei 225 led gains among the region’s major markets as it soared 2.66% on the day.

Bitcoin Tops $28K for 1st Time, Hours After Crossing $27K; Market Cap Now Exceeds $500B
Bitcoin Tops $28K for 1st Time, Hours After Crossing $27K; Market Cap Now Exceeds $500B

Recently, BTC has been leaving a string of broken records in its wake after passing the psychologically key $20,000 mark for the first time on Dec. 16. In the last several days BTC seems to found yet another gear, breaking.

SEC vs. Ripple: A predictable but undesirable development
SEC vs. Ripple: A predictable but undesirable development

The U.S. Securities and Exchange Commission has not been kind to crypto in the past year. In March 2020, in the SEC v. Telegram case, the Commission won a worldwide injunction against the proposed issuance of Grams by Telegram, undoing.

Thailand records 3,000 foreign tourists in November as ban eases
Thailand records 3,000 foreign tourists in November as ban eases

Thailand recorded 3,065 foreign tourists in November, official data showed on Monday, in its second month of receiving long-stay visitors after a ban was imposed in April to keep coronavirus infections under control. The 3,065 foreign tourists in November is.

Analysis: Tech’s reign over U.S. stock market to be tested in 2021
Analysis: Tech’s reign over U.S. stock market to be tested in 2021

Investors are weighing how big to go on U.S. technology stocks in the coming year, as pricier valuations, regulatory risks and a revival of the market’s beaten-down names threaten to dim their allure. A surge in technology and internet-related shares.

Dow futures rise more than 100 points as Wall Street set to enter last week of 2020
Dow futures rise more than 100 points as Wall Street set to enter last week of 2020

Stock futures rose slightly in overnight trading on Sunday ahead of the final trading week of 2020. Futures on the Dow Jones Industrial Average rose 149 points. S&P 500 futures and Nasdaq 100 futures also traded in mildly positive territory..

Alibaba shares plunge as much as 8% for second straight session as China ramps up pressure
Alibaba shares plunge as much as 8% for second straight session as China ramps up pressure

Shares of Chinese tech giant Alibaba in Hong Kong were in the spotlight once again on Monday, after Chinese regulators ordered Alibaba-affiliate Ant Group to rectify its businesses. In afternoon trading, shares of Alibaba listed in Hong Kong plunged 7.71%,.

Trump signs Covid relief and government funding bill days after he suggested he would block it
Trump signs Covid relief and government funding bill days after he suggested he would block it

President Donald Trump signed a massive coronavirus relief and government funding package into law Sunday, days after he sent Washington into a panic by suggesting he could veto the bill. He refused to approve the legislation for days after receiving.

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