Unconfirmed reports suggest China is experiencing another massive coronavirus outbreak — this time in Harbin, Heilongjiang province. Chinese authorities claim to have detected several new cases imported from Russia. And this could have sparked uncontrolled community transmission. Is China blindsiding the world again? Northern China is believed to be the origin of the incorrectly-named Spanish…
U.S. stock futures smashed into “limit down” trading curbs in their first hour of trading Sunday night after Democrat pushed back against economic rescue measures on Capitol Hill. Futures contracts on the Dow Jones Industrial Average and S&P 500 fell by 5 percent, triggering downside limits that prevent the contracts from trading 5 percent below…
A Bank of America economist declared recession in the U.S., as the stock market plunges to major support levels. The U.S. stock market is up 2% on the day, with Dow Futures climbing by 400 points. The government’s improved efforts in tackling coronavirus can raise confidence in the market. The U.S. stock market futures indicate…
Dow Jones futures plunged by as much as 623 points in overnight trading Thursday. U.S. stocks are coming off their worst day of trading since 1987 as trillions were wiped from major exchanges. Empty store shelves, cancelled sports seasons and remote work orders to prevent coronavirus spread exemplify how ordinary life is being disrupted in…
U.S. stock futures lurched lower Thursday as stock indexes around the globe plunged on renewed fears about the economic costs of the Wuhan coronavirus pandemic. Futures contracts linked to each of the Dow Jones Industrial Average, the S&P 500, and the Nasdaq Composite once again hit the so-called ‘limit down’ thresholds, a rare event that…
Dow Futures sold off overnight as a shaky stock market gave up a portion of its rally. Donald Trump was a no-show at the White House coronavirus briefing, disappointing stock market bulls hoping for a stimulus package. Joe Biden has all but secured the Democratic nomination with a big win in Michigan, and looks a…
The Dow Jones Industrial Average (DJIA) plunged 650 points on Thursday. Coronavirus cases spiked higher again in Wuhan – the epicenter of the outbreak – dashing some hopes of containment. California declared a state of emergency after reporting its first COVID-19 fatality. The Dow Jones Industrial Average (DJIA) soared to its second-largest points gain in…
The Dow Jones Industrial Average (DJIA) plunged for a fifth straight day. Historic levels of institutional sell-off have put the index dangerously close to a bear market. The coronavirus outbreak is expected to peak in May, and the U.S. stock market remains vulnerable. The Dow Jones Industrial Average opened to steep losses on Friday, as…
Dow Jones Industrial Average (DJIA) futures were flat on Monday. Coronavirus fears continue to dampen investor sentiment as the World Health Organization admits current figures could just be “the tip of the iceberg.” Even Wall Street bulls are bracing for a 10% correction in the stock market. The stock market remains on edge this morning…
Dow Jones Industrial Average (DJIA) futures jumped 300 points higher on Tuesday. Stock market gets another “Trump bump” as the president takes a step closer to re-election. The Democrat campaign descends into embarrassment in Iowa as no winner announced. Stock market futures just got a huge “Trump bump” as the president looks increasingly likely to…
