Market Overview - Page 388

A key measure of competition among Bitcoin miners just dropped by 15.95 percent – the second-largest decline in the network’s history. The drop in so-called mining difficulty signals some miners have bowed out of the ongoing race to solve math.

U.K. house sales are set to plunge by 60% in the next three months as the coronavirus outbreak batters the economy. The slump in the second quarter, which is usually among the most active sales periods, will be followed by.

The number of Americans filing claims for unemployment benefits likely raced to as high as a record 4 million last week as strict measures to contain the coronavirus pandemic ground the country to a sudden halt, unleashing a wave of.

Nicholas Bahr, global practice leader in risk management at consultancy DuPont Sustainable Solutions, has spent 35 years helping businesses navigate geopolitical, climate and terror risks, including 9/11, and said “now is the time to turn risk into an opportunity.” He.

Stocks in Asia were mixed on Thursday as investors awaited the release of U.S. jobless claims data expected later in the day stateside. Shares in Japan led losses among the region’s major markets, with the Nikkei 225 falling 4.51% to.

The Senate passed a historic $2 trillion coronavirus relief package Wednesday night, as it tries to stem the destruction the pandemic has brought to American lives and wallets. The chamber approved the mammoth bill in a unanimous 96-0 vote after.

In a bewildering sign of economic danger ahead, buying U.S. government debt now yields negative rates. The bond yield on one-month and three-month U.S. Treasury bills dropped below zero Wednesday. It’s another ominous first for U.S. financial markets in the.

Investors are likely to look past what promises to be one of the worst U.S. jobless claims reports in history as they maintain a focus on the coronavirus’ spread and details of the government’s stimulus measures. Most investors have already.

Market overview US markets paused growth on Wednesday after jumping 9.4% SPX on Tuesday (strongest since 2008). Despite large-scale stimulus, it is difficult for major indexes to demonstrate back-to-back growth. SPX -1.0%, FTSE100 + 2.0%, EuroStoxx50 -0.4%. DXY is falling.

The analogies with the times of the Great Depression are still with us. The American market spiked yesterday by 9.4% on the S&P 500 and by 11.4% on Dow Jones. Dow showed its largest one-day gain since 1933. It took.

Oil prices extended gains for a third session on Wednesday, rising alongside broader financial markets on hopes Washington will soon approve a massive aid package to stem the economic impact of the coronavirus pandemic. U.S. crude touched a high of.

After a successful break above the $6,500 resistance, bitcoin extended its rise above $6,700 against the US Dollar. BTC price broke the $6,800 resistance and settled above the 100 hourly simple moving average. A high is formed near $6,880 and.