Market Overview - Page 304

Democrats pushed through the House on Thursday night a $2.2 trillion economic stimulus plan, putting down a marker as their leader, House Speaker Nancy Pelosi, continues to talk with Treasury Secretary Steven Mnuchin on an coronavirus aid deal. While the.

Donald Trump and his wife Melania test positive for coronavirus, which puts pressure on world markets. The president’s commitment to quarantine immediately is likely to force him to reconsider his campaign plans. Potentially, this news will reduce his chances of.

The European Central Bank should prepare to issue a digital euro to complement banknotes “if and when” it becomes necessary, ECB board member Fabio Panetta said on Friday. Major central banks around the world are studying digital versions of their.

Oil prices dropped and the safe-haven yen strengthened in the afternoon of Asian trading hours on Friday after U.S. President Donald Trump announced he tested positive for the coronavirus. International benchmark Brent crude futures were down 2.42% to $39.94 per.

The October market story is really complicated. If you thought September was confusing, October is not likely to be any better, and it could be significantly rockier. That’s because the “buckets” that have moved markets on various days in the.

President Donald Trump said he and first lady Melania Trump have tested positive for coronavirus, plunging the United States into further upheaval and uncertainty just over a month away from Election Day. In a tweet early Friday morning, Trump said:.

The Dow Jones Industrial Average erased earlier gains and turned negative on Thursday to kick off a new month and quarter as hopes for further fiscal stimulus waned. The 30-stock benchmark last traded down about 100 points after jumping 250.

Nikola shares surged on Thursday, one day after the company said its production timeline and factory plans remain on track amid widespread investor anxiety regarding the company’s business as well as its planned deal with General Motors. The stock soared.

Monthly US personal income and outlays figures are converging, but savings are still high. Income fell by 2.7% in August to an annual level of $19.49 trillion, roughly the same as the trend amounts we could have seen had it.

Demand for risk assets continues to cautiously recover in global markets this week. The S&P500 and Nasdaq100 indices rose almost 0.8% on Wednesday, and futures on these indices are adding another 0.6% during Asian trading. Futures on the Nikkei225 are.

Emerging Ethereum-powered predictions platform Polymarket produced six-figure volume amid the first presidential debates. The first debate of the 2020 U.S. presidential election had no clear winner, but crypto-powered prediction platforms are having a field day.

The dollar fell to a nine-day low on Thursday, as robust U.S. data and hopes for U.S. fiscal stimulus left investors confident enough to seek out riskier currencies. The Chinese yuan gained the most against the dollar, reach a year-and-a-half.