Tag Archives: Donald Trump

The coronavirus pandemic isn’t at all taking it easy on European markets as well as travel stocks. Both are seriously bleeding. People are panicking and waiting for signs of improvement.The coronavirus outbreak has gotten increasingly worse since the first cases last year. Because of the situation, governments all over the world have begun imposing different lockdown levels to curb the spread of the highly contagious disease. With a large number of Europeans currently confirmed with COVID-19,...

Donald Trump’s coronavirus test came back negative, his personal physician revealed on Saturday. According to the doctor, the test was performed Friday night and the president “remains symptom-free”.The United States President Donald Trump has tested negative for the coronavirus, according to a statement Saturday from the White House.Sean Conley, the physician to the president said:“Last night after an in-depth discussion with the President regarding COVID-19 testing, he elected to proceed....

Donald Trump declared a national emergency over the coronavirus pandemic.The declaration frees up as much as $50 billion in financial resources to assist Americans affected by the outbreak.United States President Donald Trump declared a national emergency on Friday because of the fast pacing spread of the coronavirus. He stated this move will make up to $50 billion available for the fight against the virus.Trump stressed today’s action also includes urging hospitals to make “emergency...

U.S. President Donald Trump is expected to announce a national emergency amid growing cases of coronavirus in the country. The emergency would invoke the Stafford Act, which would allow more federal aid to states and municipalities.United States President Donald Trump is expected to announce a national emergency amid growing cases of coronavirus in the country. The president is scheduled to address the public on COVID-19 at 3 pm ET later today. Though it is uncertain. But what is more unclear...

Stocks surged at the open, one day after posting their worst day since the Oct. 1987 crash. The Dow Jones Industrial Average jumped 1,238 points, for a gain of 5.8%. The S&P 500 rose 5.2%, while the Nasdaq Composite jumped 5.7%.The Dow Jones Industrial Average index was more than 1,200 points higher at the open on Friday amid market recovery from yesterday’s fall.The Dow Jones jumped 5.32% at the opening bell. Intel Corp (NASDAQ: INTC) was among the best performers, adding 9.16%. The...

As a seemingly endless stream of reports continues to pour in surrounding the coronavirus, many are becoming increasingly concerned over the effects this global pandemic could have on the global financial system.In fact, the outbreak is shaping up to potentially cause one of the worst financial crashes of all time. With some even saying that the current pandemic will be just as bad as the Wall Street Crash of 1929, the Dotcom bubble of the early 2000s, and the Global Financial Crash of...

In general, the crypto market is on the wane today. Bitcoin, Ethereum, XRP and other coins are dropping. More volatility is expected. BTC price has returned to the above $5,000 levels.The crypto market is so volatile that incredible changes can occur within minutes. A prime example of such a leap is the leading digital currency. First, Bitcoin price drops to $3,637, but in just 30 minutes, it bounds back and jumps to $5,260. Such performance is accompanied by the downward movement of the...

After the emergency travel ban that was imposed by President Donald Trump on most European countries, the airlines stocks have plunged nearly 10%-15%.Following a directive by Donald Trump to halt all air travel from a dozen countries in Europe for the next 30 days, airline stocks fell drastically by nearly 10%. The travel ban affects, first of all, the European market. Deutsche Lufthansa AG (ETR: LHA) was trading 10% lower, wiping out all the profit gains made this year. Air France-KLM SA...

European stocks have crashed after U.S. President Donald Trump imposed a ban on travel from several countries in Europe. Travel volume has also plunged.As the coronavirus continues to spread, several countries are increasing the measures they are taking to curb the infection. Many parts of China, where the virus first originated, are still on lockdown. Italy, which currently has the second-highest number of infections, has also imposed restrictions on several parts of the country. Confirmed...

Dow futures drop 1100 points because Donald Trump didn’t manage to convince investors that coronavirus is not as dangerous as they feel. Market goes red again.People on the market keep panicking despite the U.S. president Donald Trump‘s speech. Dow continues the fall after investors didn’t believe that the situation is under control.The Dow industrial index looks scary because its 11 years-long bull market has ended with a two months bear market. It already took approx. 20% of all the gains...