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Market Overview - Page 391


U.S. crude hits 17-year low as lockdowns, restrictions spread
U.S. crude hits 17-year low as lockdowns, restrictions spread

Oil prices fell for a third session on Wednesday with U.S. crude futures tumbling to a 17-year low as travel and social lockdowns sparked by the coronavirus epidemic knocked the outlook for demand. U.S. crude was down $1.77 cents, or.

Global recession is inevitable: Morgan Stanley
Global recession is inevitable: Morgan Stanley

The U.S. stock market is set to drop 5% at open, as the Dow Jones Industrial Average (DJIA) futures indicate a 1,000-point drop. The gloomy pre-market data comes after analysts issued a stark warning that China will not be the.

Stocks, oil sliding again in ‘irrevocably changed’ markets
Stocks, oil sliding again in ‘irrevocably changed’ markets

Global stocks stumbled back into the red on Wednesday with Wall Street futures pointing to more losses ahead as fears over the coronavirus fallout eclipsed large-scale support measures rolled out by policymakers around the globe. Some traditional safe-haven assets such.

Trump presses for $1 trillion stimulus as U.S. coronavirus deaths cross 100
Trump presses for $1 trillion stimulus as U.S. coronavirus deaths cross 100

The Trump administration pressed on Tuesday for enactment of a $1 trillion stimulus package, possibly to include $1,000 direct payments to individual Americans, to blunt the economic pain from a coronavirus outbreak that has killed over 100 people in the.

Trump Stimulus Won’t Save the Dow Jones From Crashing Below 20,000
Trump Stimulus Won’t Save the Dow Jones From Crashing Below 20,000

The Dow Jones Industrial Average (DJIA) briefly dropped below 20,000 on Tuesday for the first time in nearly three years. The Trump administration’s latest stimulus package proposal rescued the stock market, at least temporarily. But according to Chantico Global founder.

US unemployment could reach 20% if Congress doesn’t enact the trillion-dollar stimulus package
US unemployment could reach 20% if Congress doesn’t enact the trillion-dollar stimulus package

Stock futures fell in early morning trading on Wednesday as the markets remained highly volatile with the government response to the coronavirus fallout still unfolding. As of around 1 a.m. ET, futures on the Dow Jones Industrial Average fell 821.

Blame Short-term Bitcoin Holders For the Price Crash Again
Blame Short-term Bitcoin Holders For the Price Crash Again

1. Thirty-day revived supply Based on the gathered data, the analysts concluded that: -some BTC 281,000 (USD 1.5 billion) that haven’t been touched for thirty days, were revived on March 11 – meaning, they returned into circulation; -this day saw.

Market crash brings back 2008 memories, cash is king: BofA
Market crash brings back 2008 memories, cash is king: BofA

The rapid-fire selloff in stock markets and dire economic forecasts due to the coronavirus have rattled investors and spurred a dash for cash, a BofA fund manager survey showed on Tuesday. Cash holdings in March surged to an average 5.1%,.

FxPro Daily Insight for March 17
FxPro Daily Insight for March 17

Market overview The Monday collapse of US stocks was the third-largest in history (-12.9%) eclipsing the decline last Thursday. Earlier today, S&P500 jumped 5% and turned negative in just 90 minutes. US stocks are trading in different directions: S&P500 +.

The Fed cut interest rates to zero, but don’t expect to see 0% mortgages anytime soon
The Fed cut interest rates to zero, but don’t expect to see 0% mortgages anytime soon

The Federal Reserve’s decision to cut interest rates may indirectly push mortgage rates lower — but Americans aren’t likely to see 0% mortgages in the near future. The Fed announced late Sunday that it was cutting its benchmark federal funds.

When will the markets return to growth? Here is the answer
When will the markets return to growth? Here is the answer

A new market meltdown marked Monday. American Dow Jones collapsed by 12.9%, surpassing last Thursday’s decline (-9.9%). It was the third biggest one-day decline in the index after 1987’s Black Monday (-20.5%) and October 1929 crash (-13%). The Volatility Index,.

Oil prices jump over $1 as sharp falls draw bargain buyers
Oil prices jump over $1 as sharp falls draw bargain buyers

Oil rose more than $1 on Tuesday as bargain hunters emerged after recent sharp falls due to the coronavirus pandemic and the price war between Saudi Arabia and Russia, but fears of a recession still dragged on the market. Brent.

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