Market Overview - Page 342

U.S. pressure on Chinese stocks looks set to accelerate the growth of capital markets in Hong Kong and mainland China, as investors remain intent on chasing opportunities in the world’s second-largest economy. Congress is mulling a new law that could.

U.S. consumer prices fell for a third straight month in May and underlying inflation was weak as demand for goods and services remained subdued amid a recession caused by the COVID-19 pandemic. But with nonessential businesses reopening after shuttering in.

The Dow Jones Industrial Average fell on Wednesday as investors awaited an update from the Federal Reserve on the state of the economy and status of any further stimulus from the central bank. The 30-stock Dow dropped 145 points, or.

The US inflation fell short of expectations, noting a 0.1% m/m decrease to just 0.1% y/y for CPI. The fact is weaker than expectations for the third month in a row. Analysts had expected to see numbers 0.1 percentage point.

More than one-third of large institutional investors hold crypto assets, and the most popular one is bitcoin, a recent survey showed. As many as 36% of institutional investors in the US and Europe own crypto assets, according to a survey.

In the run-up to the Fed meeting, markets are keeping pressure on the dollar. The dollar index has fallen to its lowest levels since March 11. It was steadily under these levels in July of last year. The weakening of.

The stock market is insanely overvalued any way you slice it. The S&P 500 is trading at 22 times its forward earnings, the most expensive in nearly two decades. Stocks are roughly 6% off of all-time highs despite civil unrest.

Oil prices fell on Wednesday after a rise in crude and fuel stockpiles in the United States revived fears about oversupply and falling fuel demand in the world’s largest crude consumer amid the coronavirus outbreak. Brent crude futures fell 67.

Asia’s stock markets edged up to a fresh three-month high on Wednesday, with the dollar again under pressure but sentiment was largely cautious ahead of the U.S. Federal Reserve’s next move. The inch higher in equities follows two weeks of.

Goldman Sachs sees a correction in oil prices on the horizon even amid a significant recovery in the last month and the recent decision by OPEC and its allies to extend historically large production cuts through July. “With oil now.

The Fed has gotten high marks for moving aggressively to unlock credit markets and keep money moving in an unprecedented crisis. What’s next is now the challenge. How much the Fed will reveal about its future intentions and what it.

The S&P 500 and Dow fell on Tuesday after recent strong gains, while the Nasdaq extended its record run and briefly rose above the 10,000 mark for the first time. Investors eyed this week’s Federal Reserve meeting. While no major.