FTSE Weaker As Evraz, ITV Plunge In a move that is fairly unusual, European markets are trading in a different direction from Wall Street – the FTSE and European markets are declining this morning, mostly from the after-effects of the coronavirus. Russian steelmaker EVRAZ (LON:EVRE) is leading the FTSE fallers …
Read More »
“Risk happens fast”, as they say, and it has never happened faster than it did last week. It took just six days for the S&P 500 to fall 10% from a record high, the fastest “correction” in history. Some are even calling it a “crash” and comparing it to the …
Read More »
SPX Daily The S&P 500 rebounded yesterday from Tuesday’s Coronavirus tumble following Biden’s decisive comeback performance in Super Tuesday’s primaries. That said, the Biden bounce was actually short-lived and didn’t last much beyond the open. This market continues to live and die based on Coronavirus headlines. And while those headlines …
Read More »
Tuesday’s return to selling had the look of a tiring bounce, but this was swiftly undone by yesterday’s buying. Market rallies are still in play with 20-day and 50-day MAs as overhead resistance. The S&P rally is aiming towards converged 20-day and 50-day MAs, although buying volume is lighter than …
Read More »
Stock Markets8 hours ago (Mar 04, 2020 06:08PM ET) (C) Reuters. By Kim Khan Investing.com – Investors will naturally be watching reports of the number of new Covid-19 cases across the globe Thursday, as well as government and private sector moves to contain the virus and signs of direct impact …
Read More »
Stock Markets10 hours ago (Mar 04, 2020 05:01PM ET) (C) Reuters. A trader works on the floor at the NYSE in New York By Stephen Culp NEW YORK (Reuters) – Wall Street roared back to life on Wednesday, with both the Dow and the S&P 500 surging more than 4%, …
Read More »
Stock Markets10 hours ago (Mar 04, 2020 04:21PM ET) (C) Reuters. By Yasin Ebrahim Investing.com – The Dow racked up its second-biggest point gain on record Wednesday, driven by a surge in healthcare stocks as former Vice President Joe Biden’s race for the Democratic presidential nomination gained traction following a …
Read More »
(C) Reuters. Former Democratic U.S. presidential candidate Mike Bloomberg speaks after ending his campaign for president in New York By Jason Lange WASHINGTON (Reuters) – After a not-so-Super Tuesday, Michael Bloomberg is out of the presidential nomination contest. But the power of his $60 billion fortune is staying in. Bloomberg …
Read More »
(C) Reuters. Democratic U.S. presidential candidate Michael Bloomberg departs after speaking at his Super Tuesday night rally in West Palm Beach, Florida, U.S. By Jason Lange WASHINGTON (Reuters) – The search for a Democrat to challenge Republican U.S. President Donald Trump in the Nov. 3 election narrowed on Wednesday to …
Read More »
Commodities15 hours ago (Mar 04, 2020 11:42AM ET) (C) Reuters. By Barani Krishnan Investing.com – Oil prices reversed early gains on Wednesday as data showed U.S. crude production hit record highs last week, suggesting that drillers in the world’s largest producer were pumping at optimum levels amid the global demand …
Read More »
The Daily Launch Your daily news about investing ideas, market stocks, business, retirement tips from Wall St. to Silicon Valley.