Markets A major selloff in equities is making its way across the globe as the number of new coronavirus cases flares outside China, with the disease now spreading to at least 28 countries. Italy has canceled all public events in Venice … Continue reading
Markets Jitters over the virus are sending investors to safe haven assets following another upward revision in cases, which now stand at 75,465 in China and 2,236 deaths nationwide. U.S. equity futures slipped 0.5% and oil fell nearly 2%, though gold remains on … Continue reading
Markets S&P 500 and Nasdaq notched new closing highs on Wednesday, though stock index futures are now debating direction after inching between gains and losses overnight. Fed minutes The FOMC viewed “current stance of monetary policy” as “appropriate to support … Continue reading
Markets Futures rebound Markets across Asia and Europe were mostly higher overnight, though shares in Shanghai dipped 0.3%. Nasdaq Composite posted another record close on Tuesday (though the Dow and S&P drifted lower), while stock index futures are now pointing to … Continue reading
Markets Futures retreat Nasdaq futures are down 0.8% on the warning from Apple, though the shockwaves weren’t limited to the tech sector, with Dow and S&P 500 futures falling back 0.5%. Apple slipped 3.3% premarket after becoming the first major U.S. company to say it won’t … Continue reading
Markets Nasdaq futures increased 0.27%, S&P futures inched up 0.14% and Dow futures are basically flat as investors continue to sort through data on how the coronavirus outbreak is spreading. In Asia, the major markets except for Tokyo and Mumbai rose. In Europe, … Continue reading
Markets U.S. stock index futures are pulling back from record highs – with the DJIA pointing to an opening loss of 200 points. Denting sentiment are 15,000 new coronavirus infections in China that were calibrated using a new CT scan detection … Continue reading
Markets In Asia, Japan +0.7%. Hong Kong +0.9%. China +0.9%. India +0.9%.In Europe, at midday, London +0.2%. Paris +0.3%. Frankfurt +0.6%.Futures at 6:20, Dow +0.4%. S&P +0.3%. Nasdaq +0.5%. Crude +1.4% to $50.65. Gold -0.1% to $1568.80 Bitcoin +5.2% to $10278.Ten-year Treasury Yield +3 bps to 1.62% Source: Seeking Alpha https://seekingalpha.com/ Economic Calendar 10:00 Powell to testify before the … Continue reading
Markets The S&P 500 and the Nasdaq scored fresh record highs yesterday as Chinese workers and factories gradually returned to business, while new coronavirus statistics showed signs that the disease was slowing. In Asia, Japan closed. Hong Kong +1.3%. China +0.4%. India +0.6%.In … Continue reading