Market Overview - Page 249

European shares were mixed on Thursday and world shares held near all-time highs after a strong Asian session in which market euphoria around COVID-19 vaccines, Joe Biden’s U.S. presidential election win and hopes for further stimulus outweighed worsening U.S. data..

Disney is expanding the scope of its layoffs to around 32,000 workers as the coronavirus pandemic continues to pummel the theme park industry. In an SEC filing published Wednesday, the company revealed that thousands of employees will have their jobs.

There’s one thing that most people are agreed upon as the festive season approaches and the coronavirus pandemic continues: Christmas is not going to feel the same this year. Governments across Europe have been holding meetings in recent days to.

Applications for U.S. state unemployment benefits unexpectedly rose for a second straight week in the first back-to-back increase since July. The data indicate that soaring coronavirus cases and fresh lockdowns are spurring a new wave of layoffs. Initial jobless claims.

The U.K. announced Wednesday its largest peacetime borrowing level ever as the coronavirus pandemic is forecast to cause the largest plunge in economic output for 300 years. The British economy is forecast to contract by 11.3% in 2020, according to.

The US Initial claims number has been increasing for the second consecutive week, with a recent report showing 778K for the week to November 21 vs 748K a week earlier and expectations of a decline to 732K. The upward turn.

Global markets made record highs on Wednesday morning following a rally of key US indices. Dow Jones managed to close above 30,000 for the first time in history, Nasdaq climbed above 12,000 and S&P 500 closed above 3,600 on Tuesday..

How high can bitcoin’s price go? Analysts say the higher the price, the more investors will plow in. Meanwhile, increasing ether options volume on Deribit is likely making derivatives more expensive. Bitcoin (BTC) trading around $18,987 as of 21:00 UTC.

Gold Bullion International co-founder Dan Tapiero believes that it’s only a matter of time before Bitcoin’s price surges into the six-figure threshold. Speaking to Anthony Pompliano on the Pomp Podcast, Tapiero asserted that in terms of price appreciation Bitcoin is.

Determining the actual all-time high for BTC is somewhat debatable as various exchanges have different figures listed. For example, Coinbase has registered $19,892 as Bitcoin’s peak, whereas BitMEX and Binance have $19,891 and $19,799 respectively. Thus, for most traders, $20,000.

Oil rose for the fourth straight session on Wednesday as the market shrugged off an industry report showing U.S. crude stockpiles rose more than expected, extending a rally driven by hopes that a COVID-19 vaccine will boost fuel demand. Brent.

Stocks in Asia-Pacific mostly rose in Wednesday trade following a record session on Wall Street as coronavirus vaccine hopes and reduced uncertainty in U.S. politics buoy investor sentiment. In Japan, the Nikkei 225 rose 1.23% while the Topix index gained.