Market Overview - Page 395

Market overview High volatility of stock markets after yesterday’s collapse remains. S & P500 since the start of trading on Friday added 3.7% after a collapse of 9.9% the day before. EuroStoxx50 grows by 5.5%, FTSE100 – by 4.4%. DXY.

Markets on Thursday were experiencing one of the sharpest declines in their history. The fall of the American indices was approaching 10%, becoming the worst since 1987, European markets were losing even more as FTSE100 collapsed by 10.5% by the.

World stocks were set on Friday for their worst week since the 2008 financial crisis, with coronavirus panic-selling hitting nearly every asset class and investors fretting that central bank action may not be enough to soothe the pain. European stock.

U.S. shale producers are seeking sharp service costs cuts to deal with plummeting prices and shrinking demand, according to executives and a letter sent to top providers, driving home the oil industry’s desperate efforts to cope with a market dive..

Stocks plunged on Friday with coronavirus panic selling hitting nearly every asset class, before finding some kind of floor as hopes turned to a U.S. stimulus package. European and U.S. stock futures traded in positive territory and some of Asia’s.

Bitcoin has a history of heart-stopping volatility but they all pale in comparison to what happened in the last 24 hours. The king cryptocurrency bowed down to macro forces as it lost nearly 40% of its value in yesterday’s trading..

While much of the attention in the bond market has focused on the Treasury side, corporate fixed income has been in its own state of turmoil. Interest rates on the lowest-rated companies have spiked, rising above their government bond counterparts.

Cryptocurrencies took a battering following a global sell-off in stocks, with bitcoin seeing a near 40% plunge. The market capitalization, or total value of the entire cryptocurrency market plummeted around $93.5 billion in the space of 24 hours as of.

The number of Americans filing for unemployment benefits unexpectedly fell last week as employers continued to hold on to their workers, but the coronavirus pandemic is expected to lead to an increase in layoffs as companies battle supply chain disruptions.

European markets posted their worst one-day drop in history on Thursday, as investors reacted to President Donald Trump’s decision to impose restrictions on travel to the U.S. from some countries in Europe, and the European Central Bank’s decision not to.

Major indices have entered the bear market territory, breaking the 11-year bull-cycle. The Dow Jones index closed trading on Wednesday with a 20.2% loss from the peaks of a month ago, which triggered increased turbulence and pressure from sellers. As.

Bitcoin extended declines a second day, falling past a key $7,500 support level to lead cryptocurrencies lower amid a wider global risk asset sell-off over the intensifying coronavirus crisis. The largest digital currency fell as low as $7,353 and was.