Market Overview - Page 392

From airlines and cruise lines to retailers and energy companies, investors are fleeing large pockets of the corporate credit market, worried that the coronavirus pandemic will lead to bankruptcies, defaults and credit rating downgrades. The premium investors demanded to hold.

The U.S. Federal Reserve rolled out its third emergency credit program in two days to battle the fallout from the virus crisis, this one aimed at keeping the $3.8 trillion money market mutual fund industry functioning if investors make rapid.

In the age of coronavirus, cash is indeed king. That’s the view, at least, of many major investors, who are selling everything from stocks to bonds to gold in order to raise cash. Bank of America Merrill Lynch in its.

Italian borrowing costs fell sharply Thursday morning as investors reacted to a massive new bond-buying program from the European Central Bank (ECB). The ECB on Wednesday evening announced a 750 billion euro ($820 billion) asset purchase program in an effort.

King Dollar is creating a new headache for virus-battered economies globally, with emerging markets especially vulnerable as they try to cope with collapsing currencies and plunging demand. Investors are fleeing emerging markets in record numbers and piling into the safe-haven.

U.S. stocks finished sharply lower again Wednesday, but off session lows after Congress passed the first of two planned bills providing some relief from the economic damage the coronavirus pandemic is inflicting on businesses and consumers. The Dow Jones Industrial.

Market overview Almost unprecedented volatility remains in the stock markets: DJI’s 6% growth following Tuesday’s results alternates with a 5.5% failure at the start of trading on Wednesday. FTSE100 lost 4.1%, Dax – 4.9%. The Fed is stepping up its.

World markets remain extremely volatile, which was last observed by investors before the Great Depression. Of the six most significant one-day declines in the US market, three occurred in October-November 1929, two (probably two, so far) in March 2020, and.

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.

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.

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.

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.