Wednesday , October 20 2021
Home / Tag Archives: nikkei

Tag Archives: nikkei

Global Stocks Turn Negative as U.S. Coronavirus Cases Top 400,000, Doubling in One Week

Spain, Italy, France, and Germany all recorded over 100,000 COVID-19 cases. As hopes for the sooner recovery from the virus started fading, global stocks and market indices suffered on Wednesday. The number of coronavirus cases in the U.S. has hit a new record. On Wednesday, it surpassed 400,000, doubling in just one week. The number of deaths in the country reached 12,864. The U.S. is reporting most COVID-19 cases worldwide, followed by Spain, Italy, France, and Germany. The coronavirus...

Read More »

Tesla (TSLA) Stock Down 11.62%, Morgan Stanley Cuts Target Over Coronavirus Concerns

As the whole markets come crashing down, Tesla stock price tanked 11.62% on Tuesday closing at $560 levels. With the Tesla production taking a massive hit, analysts are slashing the target for its stock price.Almost every stock on the market has taken a severe beating over this week’s market massacre amid coronavirus spread, and Tesla Inc (NASDAQ: TSLA) is no different. Just over the last five days, the Tesla (TSLA) stock price has crashed over 20%. On Thursday, Dow Jones closed 10% lower...

Read More »

Market Collapse amid Coronavirus and Oil Prices Crash: European Stocks Over 6% Down

Oil market prices plunged when OPEC and its allies failed to reach an agreement on production cuts. All the markets, including stocks, currencies and cryptos are falling.European equity indices were red across the board at the open on Monday as the coronavirus outbreak coupled with crashing oil prices rattled the global market. The pan-European Stoxx 600 fell 6.2%. All stocks on Italy’s FTSE MIB except pharma company Recordati failed to open at the start of the day’s trade. Italian blue-chip...

Read More »

Chinese Stocks Plunged in February on Account of Coronavirus, Markets Bounce Back

On account of the coronavirus outbreak, China’s manufacturing output has plunged to record lows in February as several factories were shut down. Central banks across the globe are willing to take corrective measures to ensure financial stability.The Chinese economic outlook is turning from bad to worse over the rising number of infected coronavirus cases, the Chinese stocks fell drastically. Last month, the Chinese government asked all companies and manufacturing units to shut down their...

Read More »

Dow Futures Surge as Investors Shrug Off Coronavirus Concerns

After a massive bloodbath last week, the markets are showing signs of recovery as indexes turn positive. Dow Futures are surging. But China’s manufacturing Index for February has scored below market expectations.Last week, the rising cases of coronavirus globally pushed the traditional stock markets in a bloodbath. All indices – Dow Jones, S&P 500, and Nasdaq – corrected around 10%. This was the fastest correction witnessed by the market since the global economic recession of...

Read More »

Dow Jones Futures Rise Almost 300 Points on Tuesday after Monday’s 2-Year Record Crash

The Dow Jones futures plummeted quite terribly yesterday. However, today, it has gained almost 300 points on its way to recovery.The coronavirus is still a major problem not just health-wise, but for financial markets as well. All of the uncertainty, fear and doubt stemming from the outbreak which started last year, has caused very visible effects on the world’s stock markets. Yesterday, stocks crashed badly, signifying the market’s worst plunge in 2 years. Now, a rise can be observed as the...

Read More »

Docked Cruise Ship Worsens Coronavirus Fears as Recession Shadows Japan and Singapore

After a woman who was on a cruise ship tested positive for the coronavirus, authorities are now trying hard to find other passengers. Such a situation resulted in a new wave of worries.While authorities all over the world are bending over backward to curb the coronavirus outbreak, things might be getting worse. Apart from the rising number of confirmed cases and deaths, the spread is still raging on. Now, several authorities are currently in a fix as they try to find a few hundred people who...

Read More »

APPL Stock Is Under Close Watch as Coronavirus Outbreak Disrupts Apple’s Supply Chain

During the start of 2020, Apple asked its suppliers to produce nearly 45 million AirPod units in the first half of the year owing to high demand. However, suppliers in China have to shut down production due to the coronavirus epidemic putting breaks on Apple’s sales targets.The coronavirus outbreak in China has raised major concerns across the globe. The news of the virus spread over the last month is haunting global markets at this point. Even the world’s most valued company Apple Inc. is...

Read More »

Bitcoin Price Positively Reacts to Asia Stocks Crash amid Coronavirus

Most of the cryptos grew on Monday amid terrible trading in Asia. After the extended Chinese New Year shutdown, mainland markets finally opened for trading. However, it was not going as it was expected.Bitcoin price was rising as well. However, at the time of writing, it was falling 0.43% to $9,347.Major stock markets in the Asia-Pacific region tumbled by the most since an equity bubble burst in 2015. They resumed trading Monday, in the first opportunity for many investors in China to react...

Read More »

Asia Stocks Tumble as Coronavirus Death Toll Hits 170

The ongoing epidemic is still doing a strong and deep dive throughout the world’s financial markets. Generally, the coronavirus has caused stocks in Asia to plunge as panic continues to spread around the continent and even to the rest of the world.Coronavirus Crashes Asia StocksSeveral markets across the continent are having a bad time of the event. The Hang Seng index, which covers the largest companies in Hong Kong, closed at 26,499.13 after losing 2.62%.Most of the hardest-hit stocks all...

Read More »