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Market Overview - Page 395


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.

Dow Futures Spike 800 Points as Governments Capitulate to Coronavirus
Dow Futures Spike 800 Points as Governments Capitulate to Coronavirus.

Futures on the Dow and broader U.S. stock market rebounded late Monday, as investors reacted to encouraging signs from world governments that stopping coronavirus had become a top priority. Just a few weeks ago, many politicians including President Trump had.

Amazon to hire 100,000 workers as online orders surge on coronavirus worries
Amazon to hire 100,000 workers as online orders surge on coronavirus worries.

Amazon.com on Monday said it would hire 100,000 warehouse and delivery workers in the United States to deal with a surge in online orders, as many consumers have turned to the web to meet their needs during the coronavirus outbreak..

Treasury yields rise as stocks search for modest recovery after Monday’s crash
Treasury yields rise as stocks search for modest recovery after Monday’s crash.

At around 3:00 a.m. ET, the yield on the benchmark 10-year Treasury note, which moves inversely to price, was higher at around 0.7843%, while the yield on the 30-year Treasury bond was up slightly at 1.3482%. The Dow and S&P.

Roughly 5 million people in China lost their jobs in the first 2 months of 2020
Roughly 5 million people in China lost their jobs in the first 2 months of 2020.

Roughly 5 million people in China lost their jobs amid the outbreak of the new coronavirus in the first two months of this year, according to data published Monday. China’s official, but highly doubted, urban unemployment rate jumped in February.

Coronavirus ‘Patient Zero’ May Have Started Pandemic In November or Earlier
Coronavirus ‘Patient Zero’ May Have Started Pandemic In November or Earlier.

Coronavirus has been with us for longer than you think. According to documents seen by the South China Morning Post (SCMP), the Chinese government first detected a case of COVID-19 on Nov. 17. Yet it still hasn’t been able to.

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