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Market Overview - Page 396


Xi visits Wuhan, signaling tide turning in China’s coronavirus battle
Xi visits Wuhan, signaling tide turning in China’s coronavirus battle

Chinese President Xi Jinping on Tuesday made his first visit to Wuhan since a coronavirus outbreak forced an unprecedented lockdown of the central city of 11 million people, in a sign that authorities’ efforts to control the virus are working..

Apple shipped fewer than 500,000 iPhones in February, a 60% year-on-year decline
Apple shipped fewer than 500,000 iPhones in February, a 60% year-on-year decline

Apple got off to a great start in 2020. Chief Executive Tim Cook lauded the company’s “blockbuster quarter” for the three months that ended in December 2019, in which the company posted market beating earnings and revenue. The iPhone 11.

Dow futures point to opening bounce of 1,000 points after Trump floats payroll tax cut
Dow futures point to opening bounce of 1,000 points after Trump floats payroll tax cut

Stock futures rallied back early Tuesday morning after the S&P 500′s worst day since the financial crisis. Around 5:30 a.m. ET Tuesday, futures on the Dow Jones Industrial Average indicated an opening surge of 1,000 points on Tuesday. S&P 500.

EURUSD correcting overbought, potentially aimed to 1.1300
EURUSD correcting overbought, potentially aimed to 1.1300

Global markets are growing on Tuesday morning in anticipation of coordinated central bank stimulus measures and government attempts to stop panic sales in the markets. Today, markets are moving in the opposite direction to Monday’s dynamics, offsetting some of the.

‘Freaking out doesn’t help.’ 10 smart things to do right now — instead of panicking about the Dow’s plunge or coronavirus
‘Freaking out doesn’t help.’ 10 smart things to do right now — instead of panicking about the Dow’s plunge or coronavirus

1. Distract yourself from alarming headlines If you’re a relatively young, long-term investor, don’t even look at your account balance, or the news of Monday’s stock-market fall It is too difficult at this point to predict the market’s levels years.

Fed Will Trap U.S. Economy in Recession With 0% Interest Rates
Fed Will Trap U.S. Economy in Recession With 0% Interest Rates

Earlier today, the market’s confidence that the Federal Reserve will slash its benchmark interest rate target to zero by next week temporarily soared to nearly 95%. But if the Fed cuts interest rates all the way to zero, there’s a.

Dow plummets more than 1,800 points, S&P 500 sinks 6% amid oil price war
Dow plummets more than 1,800 points, S&P 500 sinks 6% amid oil price war

Stocks cratered Monday as investors grappled with the sinking price of oil and the spread of the coronavirus. The Dow Jones Industrial Average tanked 1,819 points — 7% — on pace for its worst day since December 2008, while the.

FxPro Daily Insight for March 9
FxPro Daily Insight for March 9

Market overview Stock market volatility rolls over. Trading in US indices trading halted during the day after reaching the limit-down, losing more than 8% from Friday’s closing level. EuroStoxx50 decreased by 7%, partially recovering from more than 10% intraday drawdown,.

Oil collapse destabilized world markets
Oil collapse destabilized world markets

It is hard to imagine a more negative combination of factors that are now acting against Oil. No exaggeration, it’s a real perfect storm. No one knows for sure where is the bottom for the Crude Oil, because right now.

Buffett Indicator: Stock Market Death Spiral Isn’t Over Yet
Buffett Indicator: Stock Market Death Spiral Isn’t Over Yet

Last month’s brutal stock market correction wiped $3.6 trillion from equities in one week. Further, within the space of nine days the S&P 500 Index crashed 10% from an all time high in the shortest ever amount of time. After.

Bitcoin and Altcoins Recovery Might Be Short-lived
Bitcoin and Altcoins Recovery Might Be Short-lived

This week started with a massive decline in bitcoin from well above USD 8,500. BTC/USD tumbled around 10% and it broke many supports near the USD 8,400 and USD 8,000 levels. The price is currently correcting higher, but upsides are.

PIMCO: Federal Reserve to cut interest rates at least another 50 basis points
PIMCO: Federal Reserve to cut interest rates at least another 50 basis points

Pacific Investment Management Co (PIMCO), one of the world’s largest investment firms, told clients on Sunday the coronavirus outbreak is likely to cause a relatively mild and short recession though tight credit markets could worsen the downturn. The worst for.

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