Market Overview - Page 259

The global equity rally stalled on Friday, with U.S. futures unwinding some of this week’s surge as the presidential election count continued. The dollar extended its decline to a two-and-a-half-year low. Contracts on the S&P 500 retreated after the underlying.

World markets are on their way to what will be their best performing week in many months. Close to its best week since April, Futures for the S&P500 are up 6.8%, staying close to 3500, regaining the fall of the.

European stocks drifted lower on Friday after a strong rally this week as Italy and France posted a record number of coronavirus cases, while investors assessed the implications of a political gridlock in Washington on policy and stimulus. The pan-European.

As the Bitcoin (BTC) price is reaching the highest levels since January 2018, Bitcoin mining is getting more profitable due to a number of factors. According to data from Blockchain.com, BTC miners revenue has soared to levels not seen since.

Bitcoin has just powered up to its highest price since January 8, 2018, knocking on the door of $16,000 as FOMO grips the markets once again. In a move upwards that has added more than 12% over the past 24.

U.S. employers likely hired the fewest workers in five months in October, in what would be clearest indication yet that the end of fiscal stimulus and exploding new COVID-19 infections were sapping momentum from the economic recovery. The Labor Department’s.

With his re-election chances fading as more votes are counted in a handful of battleground states, U.S. President Donald Trump launched an extraordinary assault on the country’s democratic process from the White House on Thursday, falsely claiming the election was.

Stocks in Asia-Pacific traded mixed on Friday as investors continue to wait for a result from the U.S. election. Mainland Chinese stocks were lower by the afternoon, with the Shanghai composite down 0.71% while the Shenzhen component shed 1.224%. Hong.

Bitcoin’s price climbed above $15,000 on Thursday, hitting a level not seen since January 2018 amid U.S. presidential election uncertainty. The world’s best-known cryptocurrency was last trading almost 9% higher at a price of $15,233, according to data from industry.

The number of Americans filing new claims for unemployment benefits fell only slightly last week, adding to signs that the economic recovery was losing steam as the COVID-19 pandemic intensifies and fiscal stimulus ends. The economy could be plunged into.

The U.S. dollar fell to two-week low against a basket of currencies and a seven-month low against the Japanese yen as surging stock markets reduced demand for the greenback, and before the Federal Reserve will conclude its two-day meeting. Democrat.

Ethereum (ETH) has hit multiple records amid news that ETH 2.0 could launch as early as Dec 1, according to crypto analytics firm Glassnode. Today’s launch of the deposit contract introduced the ability for users to deposit 32 Ether required.