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Market Overview - Page 282


Stocks rise as tech bounces, but S&P 500 and Dow still on pace for 4-week losing streak
Stocks rise as tech bounces, but S&P 500 and Dow still on pace for 4-week losing streak

U.S. stocks rose slightly on Friday as tech shares recovered some of their losses for the month. However, Wall Street was still headed for its fourth consecutive week of losses. The Dow Jones Industrial Average traded 103 points higher, or.

Bitcoin may see relief rally to $11K after Dollar Strength Index soars
Bitcoin may see relief rally to $11K after Dollar Strength Index soars

Bitcoin price still has a CME futures gap unfilled at $9,600 but that doesn’t mean $11K won’t be reclaimed soon. The price of Bitcoin (BTC) has been stagnating in recent weeks, as it couldn’t break above $11,000 and couldn’t drop.

Chainlink up 30% following a six-week downtrend
Chainlink up 30% following a six-week downtrend

A Chainlink developer address appears to have been offloading tokens and putting downward pressure on prices. But things are looking up. Following a six week downtrend from its all-time high, LINK has rebounded 30% in the past 24 hours after.

Biden leads Trump nationally, but race much tighter in key states
Biden leads Trump nationally, but race much tighter in key states

The U.S. presidential race is much closer than national surveys suggest, according to Reuters/Ipsos opinion polls in battleground states that show Democrat Joe Biden with only a slim lead over President Donald Trump in three highly competitive states and in.

U.S. imports surge as pandemic worries have retailers stockpiling
U.S. imports surge as pandemic worries have retailers stockpiling

U.S. imports leapt 5.9% to a record in August, the first year-over-year rise since September 2019, according Panjiva, the supply chain research unit of S&P Global Market Intelligence. It said imports of household appliances jumped 79.7%, and furniture imports increased.

New support hopes eased market fears and halted USD uptick
New support hopes eased market fears and halted USD uptick

Discussions around a new $2.2 trillion relief package in the US kept markets afloat on Thursday and are helping to build positive momentum at Asian bourses on Friday morning. Previously, the deadlock in negotiations between Democrats and Republicans was an.

Dow futures rise as market tries to avoid losses for the week
Dow futures rise as market tries to avoid losses for the week

U.S. stock futures rose slightly on early Friday morning as the market indexes tried to avoid a fourth consecutive week of losses. Futures for the Dow Jones Industrial Average gained 86 points. Contracts tied to the S&P 500 and the.

China’s growing economic and military strength can be a ‘dilemma’ for U.S. investors
China’s growing economic and military strength can be a ‘dilemma’ for U.S. investors

As China grows in its economic and military strength, global investors and companies operating in the country face a dilemma, according to one analyst. “China is converting its economic growth into military power, and I think here is the true.

Stocks Climb on Mnuchin’s Remarks Amid Tech Rally
Stocks Climb on Mnuchin’s Remarks Amid Tech Rally

Stocks climbed on speculation that talks about a new round of economic stimulus will resume. The S&P 500 rose on a news report that Treasury Secretary Steven Mnuchin plans to resume negotiations with House Speaker Nancy Pelosi. He told a.

Weekly jobless claims rise unexpectedly as stimulus boost fades
Weekly jobless claims rise unexpectedly as stimulus boost fades

The number of first-time filers for unemployment benefits were slightly higher than expected last week as the labor market continues its sluggish recovery from the coronavirus pandemic. The Labor Department reported Thursday that initial jobless claims for the week ending.

US Jobless claims data again fell short of expectations
US Jobless claims data again fell short of expectations

US weekly unemployment claims once again fell short of expectations. The number of initial claims rose from 866K to 870K with expectations of 845K. The number of continued claims fell from 12.75M to 12.58M, worse than the expected 12.3M. Continued.

Lockdown Lite Is Europe’s New Strategy for Fighting Covid-19
Lockdown Lite Is Europe’s New Strategy for Fighting Covid-19

Fresh off a summer of relative freedom after harsh lockdowns at the beginning of the pandemic, Europe is trying a new strategy to halt the coronavirus’s next surge: Lockdown Lite. Unlike the blanket stay-at-home orders that characterized responses to Covid-19’s.

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