Market Overview - Page 366

The new week in the financial markets starts in the red zone. This shows us that investors are set up to close their risk positions. The downside reversal occurred on Thursday, bringing the S&P500 down to 5.5% of Wednesday’s levels..

Bitcoin (BTC) was back on May 1 as the largest cryptocurrency regained $9,000 after climbing 7% in less than 24 hours. Data from Cointelegraph Markets and CoinMarketCap showed a triumphant return to form for BTC/USD, which a day previously had.

The COVID-19 pandemic is hurting many spheres of the economy. To slow the spread of the virus, the government told people to stay at home. Tons of businesses had to shut down. This was a good decision from a health.

Futures on the SP500 lose 1.3% before the start of the New York trading session after falling 2.5% a day earlier. VIX has grown markedly, reflecting risk aversion in markets. DAX, CAC40 lose 2.1% each, FTSE100 drops 1.9%. DXY yesterday.

There’s an old trading adage that says to “sell in May and go away.” This investment strategy consists of selling stocks in May and re-entering the market in early November. It’s based on the belief that the market produces lower.

The White House let its 2-week-old economic reopening guidelines expire on Thursday as half of all U.S. states forged ahead with their own strategies for easing restrictions on restaurants, retail and other businesses shuttered by the coronavirus crisis. The enormous.

American markets closed the trading session on Thursday with a broad decline. Futures on the S&P 500 lost more than 2.5% on Thursday and lost another 0.7% before the European session. Japanese indices are also in decline, sliding back from.

Oil slipped to around $26 a barrel on Friday as weak demand due to the coronavirus crisis and excess supply pressured the market, even as OPEC and its allies began a record output cut. The global oil benchmark, Brent crude,.

Stock futures fell sharply in Friday early morning trade as investors pored through the latest batch of big tech earnings after Wall Street wrapped up its best month in decades. Dow Jones Industrial Average futures traded 512 points lower, implying.

Believing and acting on false information can be gravely dangerous. After U.S. President Donald Trump suggested that consuming or injecting disinfectants could help fight Covid-19, health experts fired back swiftly and warned that such unsound medical advice “could seriously harm.

Global smartphone shipments in the first three months of the year suffered its largest annual decline ever, as the disruption and uncertainties posed by the coronavirus pandemic hit demand. Smartphone makers shipped 275.8 million devices from January to March, an.

Sweden has attracted global attention for not imposing a full lockdown, as seen in most of Europe, to contain the coronavirus pandemic. Nonetheless, data released from the country’s central bank and a leading Swedish think tank show that the economy.