Market Overview - Page 343

The Japanese yen and the Swiss franc gained on Thursday as expectations that the global economy will recover swiftly from the coronavirus pandemic took a beating after a U.S. central bank policy meeting. The Federal Reserve signaled it plans years.

Layoffs in the United States are abating, but millions who lost their jobs because of COVID-19 continue to draw unemployment benefits, suggesting the labor market could take years to heal from the pandemic even as businesses resume hiring workers. The.

Stock futures fell in early morning trading on Thursday as investors evaluate the pace of economic recovery and the coronavirus developments. Futures on the Dow Jones Industrial Average fell 616 points, implying a Thursday opening drop of around 630 points..

The number of confirmed coronavirus cases in Russia surpassed 500,000 on Thursday, and the rate of new daily cases remains high, but restrictions are being lifted quickly ahead of key political events. Experts say Russia is keen to lift unpopular.

On Thursday morning, financial markets saw an increasing demand for safe assets. Investors seem to be taking profits on an increasingly wide range of assets. American Nasdaq fell back to 10,000, losing 1.5% of its peak levels after the Fed.

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.