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Market Overview - Page 260


U.S. crosses 10 million COVID-19 cases as third wave of infections surges
U.S. crosses 10 million COVID-19 cases as third wave of infections surges

The United States became the first nation worldwide since the pandemic began to surpass 10 million coronavirus infections, according to a Reuters tally on Sunday, as the third wave of the COVID-19 virus surges across the nation. The grim milestone.

Emerging markets could see an influx of cash following Biden victory, Standard Chartered predicts
Emerging markets could see an influx of cash following Biden victory, Standard Chartered predicts

Emerging markets could benefit from a political environment that looks set to become “more benign” following the victory of Democratic candidate Joe Biden in the U.S. presidential election, Standard Chartered Bank’s Eric Robertsen predicted. “There’s quite a bit of cash.

As US election dust settles, crypto traders and analysts eye new administration
As US election dust settles, crypto traders and analysts eye new administration

While some in the community continue to question the outcome of the US Presidential election, mainstream media outlets and the Associated Press have definitively called the race for former Vice President and current President-Elect Joe Biden. But with uncertainty out.

U.S.-China trade tensions won’t be going away under Biden’s administration
U.S.-China trade tensions won’t be going away under Biden’s administration

U.S.-China trade tensions are set for more predictability after Joe Biden’s presidential win — which likely means calmer rhetoric in a continued tough stance on Beijing. Following years of brewing U.S. complaints about unfair business practices by China’s state-dominated system,.

US Seized More Than $1B in Silk Road–Linked Bitcoins, Seeks Forfeiture
US Seized More Than $1B in Silk Road–Linked Bitcoins, Seeks Forfeiture

The U.S. is suing for the forfeiture of thousands of bitcoins, totaling more than $1 billion, that it recently seized, the Department of Justice said Thursday. The seizure on Tuesday, tied to early darknet market Silk Road, is the largest.

Global Stock Rally Stalls; Dollar Extends Decline
Global Stock Rally Stalls; Dollar Extends Decline

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.

Can the post-election rally be sustained?
Can the post-election rally be sustained?

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 lose steam after five-day rally
European stocks lose steam after five-day rally

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.

Bitcoin miner revenue surges to pre-halving levels
Bitcoin miner revenue surges to pre-halving levels

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.

‘Extreme greed’ and FOMO taking hold as BTC nudges $16K
‘Extreme greed’ and FOMO taking hold as BTC nudges $16K

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.

Smallest job gains in five months expected as U.S. labor market momentum wanes
Smallest job gains in five months expected as U.S. labor market momentum wanes

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.

Vote counts push Biden closer to victory as Trump falsely claims election being ‘stolen’
Vote counts push Biden closer to victory as Trump falsely claims election being ‘stolen’

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.

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