Market Overview - Page 252

Oil prices slipped on Tuesday as investors remained concerned about climbing coronavirus cases globally, but expectations of a drawdown in crude oil inventory in the United States for a fifth straight week kept losses in check. Brent crude oil futures.

Stocks took a breather on Tuesday, easing from record highs as political turmoil in Washington and rising coronavirus cases gave pause, though a selloff in U.S. Treasuries extended as investors reckon on a big spending government. The yield on benchmark.

Investors are weighing how much further a rally in value stocks can run, as expectations for greater fiscal spending under a Democrat-controlled Congress add momentum to the surging shares of companies that took a beating for most of 2020. Shares.

Chinese video platform Bilibili has confidentially filed for a secondary listing in Hong Kong, a source close to the matter told CNBC. Bilibili, which is currently listed on the Nasdaq, made the filing within the last few days, the source.

Downloads of privacy-focused messaging apps Signal and Telegram got a boost as users looked for alternatives to Facebook-owned WhatsApp over concerns about changes to the service’s privacy policy. Signal saw approximately 7.5 million installs globally through the Apple App Store.

The House moved closer Monday to impeaching President Donald Trump an unprecedented second time, this time for inciting his supporters who invaded the U.S. Capitol during Congress’ electoral vote count last week. Democrats introduced an article of impeachment Monday that.

Global markets are under increased pressure after recent highs, and as is often the case, the first signs of the reversal were seen in debt markets. Since the beginning of last week, yields on US long-term government bonds have steadily.

A student has claimed to have found private keys accidentally HODLed starting as early as 2011 which will unlock more than $4 million in Bitcoin. According to a throwaway account from BitcoinHolderThankU, the Reddit user was able to cash out.

The dollar gained broadly on Monday as widening U.S. Treasury yields and expectations of more fiscal stimulus lifted the greenback against its rivals, with the euro falling to a two-week low. President-elect Joe Biden, who takes office on Jan. 20.

Worldwide coronavirus cases surpassed 90 million on Monday, according to Reuters tally, as nations around the globe scramble to procure vaccines and continue to extend or reinstate lockdowns to fight new coronavirus variants. The new COVID-19 variants discovered initially in.

China plans to push tech giants including Ant Group, Tencent and JD.com to share consumer loan data to prevent excess borrowing and fraud, two people with knowledge of the matter said, in Beijing’s latest tightening of scrutiny. The plan, if.

Stock futures fell in early morning trading Monday as investors assessed the outlook for more Covid-19 relief stimulus. Futures on the Dow Jones Industrial Average fell 180 points. S&P 500 futures and Nasdaq 100 futures both traded in negative territory..