Tag Archives: nasdaq

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...

After a terrible market crash on Thursday, Dow futures and a few others, are starting to slowly correct some of the losses they incurred.On average, 2020 has been quite a terrible year for the stock market. Stocks all over the world have been falling quite terribly for a while now, on fears of the coronavirus COVID-19. The outbreak has brought about so much volatility in the market that many analysts are finding it very hard to predict a reasonable trajectory like they normally would....

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...

PrimeXBT is a good choice for traders seeking diversification thanks to the low fee structure that rewards those who take positions more frequently, or across many asset types. There are several factors that go into a proper risk management strategy.Any trader worth their salt very well understands the importance of planning and execution, which includes the timing of exits or entries with limit orders and setting stop loss or take profit orders at key levels.But one critical factor is often...

President Donald Trump announced a ban on all travel from Europe Wednesday. The ban will go into effect on Friday at midnight and remain in effect for 30 days. The president did announce an exemption for travel from the United Kingdom.Announcing a rare Oval Office address from Mr. Trump, he said:“After consulting with our top government health officials I have decided to take several strong but necessary actions to protect the health of all Americans. To stop new cases from entering our...

Euro Pacific Capital CEO and chief global strategist Peter Schiff warned the coronavirus recession would be worse than the 2008 financial crisis. Furthermore, in a terrifying tweet Wednesday, the US dollar bear and gold bull diagnosed the underlying problem in both crises.He argued the coronavirus pandemic and the crashing housing market were the pins that popped debt bubbles. But this time, the debt bubble is much bigger than last time. So the crisis is likely to get much worse.“The 2008...

The Dow Jones opened with a fall amid the coronavirus outbreak. The Saudi Arabian and Russians continue with their supremacy battle on the crude oil price.The Dow Jones Industrial Average (DJI) opened on Wednesday with a 2.40% fall as hopes of quick stimulus by the government due to the coronavirus faded. This only indicated high volatility in the future of the stock market as uncertainty caused by the increase in coronavirus cases continue spreading all over the U.S.All other major indexes...

Confirmed coronavirus cases continue to grow globally. The Saudi Arabia Kingdom launched an unexpected oil price war against former ally Russia.As a result, the traditional financial markets are plummeting severely. At the same time, Bitcoin showcases a positive correlation with them and drops below $8,000 – for the first time since January 2020.The 2020 Oil Price WarThe coronavirus outbreak hit all financial markets and sectors. Oil is no exception. In an attempt to artificially inflate the...

The US Centers for Disease Control and Prevention (CDC) has said coronavirus will inevitably infect many Americans. Therefore drastic steps must be taken to fight the epidemic. But stories of unbelievable missteps in the US government’s response to coronavirus abound on social media.CDC Refuses to Test Nurse Who Cared for Coronavirus PatientOn Thursday, the California Nurses Association read a statement by one of its members. She’s a nurse in Northern California on quarantine after caring for...

European stocks fell sharply on Friday. On Wall Street, equities sank as well with the Dow Jones industrial average falling by 250 points. The coronavirus is spreading.Even though coronavirus came from Wuhan, Hubei – a China province, it seems that the country finally made its way on reducing the number of infected people. China’s National Health Commission (NHC) reported a significantly reduced number of COVID-19 cases with 99 new confirmed in the past twenty-four hours. This is, however,...