Market Overview - Page 313

Futures contracts tied to the major U.S. stock indexes held steady Sunday evening as investors turned their attention back to Washington and the economy after a busy week of corporate earnings. Dow Jones Industrial Average futures slipped 4 points, implying.

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The euro zone economy contracted by 12.1% in the second quarter of 2020, compared to the first three months of the year, according to preliminary data from the region’s statistics office. Friday’s reading is the lowest since records began in.

The EURUSD pair ends July at 1.1900. This is the third month of back-to-back growth and the highest values we have seen in more than two years. But its the pace of its climb that attracts even more attention. The.

The dollar on Thursday dropped to its lowest level since May 2018 as the Federal Reserve said it plans to keep interest rates close to zero, and inflation hedges continue to show strength. The dollar’s trade-weighted index – a measure.

Spain recorded a historic fall in GDP in the second quarter of the year, with the 18.5% drop wiping out all the post-financial crisis recovery of the last six years, data from National Statistics Institute showed on Friday. On an.

European shares gained along with U.S. equity futures as stellar earnings from American tech giants lifted sentiment amid dismal economic data and a resurgent virus. The dollar extended this month’s tumble. Apple Inc., Amazon.com Inc., and Facebook Inc. all rose.

President Donald Trump on Thursday raised the idea of delaying the Nov. 3 U.S. elections, an idea immediately rejected by both Democrats and his fellow Republicans in Congress – the sole branch of government with the authority to make such.

Apple Inc. is planning a 4-for-1 stock split and it has important implications for the Dow Jones Industrial Average, of which it is a key component. The iPhone maker on Thursday announced that its board approved the stock split. The.

The official manufacturing Purchasing Manager’s Index (PMI) rose to 51.1 in July from June’s 50.9, official data showed on Friday, marking the highest reading since March. Analysts had expected it to slow to 50.7. New export orders fell although at.

Cameron Winklevoss, the billionaire founder of cryptocurrency exchange Gemini, believes the next Bitcoin (BTC) bull run will be much different. When compared to previous bull markets, Winklevoss noted that there is substantially more capital, infrastructure, and better projects. Winklevoss said:.

The U.S. economy saw the biggest quarterly plunge in activity ever, though the plummet in the second quarter wasn’t as bad as feared. Gross domestic product from April to June plunged 32.9% on an annualized basis, according to the Commerce.