Tag Archives: djia

The rapidly spreading coronavirus appears to have pulled down the global traditional investment markets with Bitcoin joining the fall, giving up its hypothetical store of value status. The current BTC price is around $8,600.Everything in every market is currently red. As the coronavirus epidemic continues to spread, the stock markets keep crumbling with bitcoin right behind them in a downward spiral. The S&P 500 and the Dow seemed to enter a correction on February 27, representing a 10%...

As part of its portfolio reshuffling strategy for 2020, investment giant David Selected Advisors decided to dilute its stake in Microsoft (MSFT) while simultaneously seeing a strong potential and increasing its stake in the Intel (INTC) stock.Since the beginning of 2020, the markets have been soaring massively making fresh highs every week. Earlier this week on Wednesday, both S&P 500 and Nasdaq made their record highs. While the Dow Jones Industrial Average (DJIA) continued to soar a...

On Monday, the stock market reached new highs: the Dow Jones Industrial Average gained 190.85 points (or 0.68%) and achieved 28,066.47 by the end of the day, the Nasdaq Composite increased by 1.32% up to 8,632.49, while S&P 500 gained 0.8%. The biggest gains have been made by technology and health care companies. Such companies as Amazon, Apple, Netflix, Intel, Alibaba, Tesla, Disney, and more have enjoyed growth in stocks. For example, Intel rose 2%, Amazon gained 1.61%, Gilead Sciences...

The U.S. and China are all set to engage in discussion this Thursday, October 10, over the year-long trade dispute between the economic giants. The world is observing these events closely as they will set the tone for the future global economic scenario.While the Trump administration has set some demands and policy changes, China has shown a strong reluctance to it. According to the latest Bloomberg report, China has narrowed down the scope for the upcoming discussions. Beijing officials have...