Market Overview - Page 304

American markets are growing and setting new records. The S&P500 updated historical highs, and on Wednesday morning, futures for the index reached new highs, rising above 3397.80 for a few minutes. In the last 17 trading days, the SPX closed.

The S&P 500 closed at a record high on Tuesday, rebounding from huge losses triggered by the coronavirus pandemic and crowning one of the most dramatic recoveries in the index’s history. Trillions of dollars in fiscal and monetary stimulus have.

South Korea reported the highest daily rise in coronavirus cases since early March on Wednesday as an outbreak in the capital Seoul appeared to intensify. The 297 new infections mark the sixth straight day of triple-digit increases in a country.

Stocks in Asia Pacific were mixed in Wednesday trade as the S&P 500 stateside rose to a new record overnight. In Japan, the Nikkei 225 advanced 0.25% while the Topix index gained 0.12%. Japan’s exports in July declined 19.2% as.

The U.S. dollar is driving a wedge between volatility expectations for global currencies and U.S. stocks. The greenback’s plunge last month jolted currencies so profoundly that a gauge of expected swings in the market is no longer moving in tandem.

DeFi tokens are leading crypto markets to their highest levels in terms of total market capitalization for over a year. One of the top-performing digital assets at the moment is YFI, as it surges over 70% on the day to.

Bitcoin (BTC) will “explode” in price once it hits $13,000, one trader believes as Bitcoin futures trade at 6% above spot price. In a tweet on Aug. 18, the derivatives trader JSterz highlighted “extreme” Bitcoin futures spreads as a sign.

An intensifying dispute in the Eastern Mediterranean over oil and gas exploration rights at sea has seen tensions flare between Turkey and Greece, with one regional expert describing the situation as the “most dangerous” in years. Turkey and Greece, both.

U.S. equity futures climbed with European stocks on signs of strength in the housing market. A dollar gauge slid to the lowest since 2018. Treasuries edged higher and gold climbed back above $2,000 an ounce. Iron ore futures rallied to.

China’s stock market could see an uninterrupted recovery in the medium-term, strategists say. Despite heightening geopolitical risks and territorial tensions, the nation’s economy is quickly rebounding.

Stock futures rose on Tuesday after better-than-expected earnings from two retail giants, putting the S&P 500 on track to exceed its previous record close set in February before the coronavirus hit. The S&P 500 closed Monday at 3,381.99, just a.

Norway’s huge pension fund — the largest sovereign wealth fund in the world — reported negative returns for the first half of the year on Tuesday, citing “major fluctuations” in equity markets. The Government Pension Fund Global said it returned.