Tag Archives: Story of the Day

Dow Jones futures and S&P 500 futures have changed little this morning, while Nasdaq futures rose modestly after California issued a “stay-at-home” order to slow the Covid-19 spread.U.S. stock futures started good on early Friday morning, showing potential for a positive opening after an also positive Thursday session. Investors are obviously still watching over coronavirus developments. The Donald Trump administration proposed an $850 billion stimulus package to stabilize the economy,...

More than 245,000 people have now been confirmed with the coronavirus globally, of which at least 85,000 have recovered from COVID-19, while more than 10,000 have died. Bank of America has already stated that the recession is here.The number of people infected with the novel coronavirus surpassed 200,000 yesterday and it’s still rapidly growing. At 8:18 am CET so, around 12 hours after those numbers were announced, this number grew to already 245,997. Bank of America announced the beginning...

Let’s have a closer look at Gilead Sciences Inc (NASDAQ: GILD) and Moderna Inc (NASDAQ: MRNA) stocks as the companies are working on possible coronavirus vaccine.In the race for a coronavirus vaccine, two horses battle for the lead, Gilead Sciences Inc (NASDAQ: GILD) and Moderna Inc (NASDAQ: MRNA). As a result, a lot of speculation on the booming of their stock prices has been in the mainstream media, since the outbreak of the deadly virus.Gilead Sciences is an American public biotech company...

Since the day’s beginning, Bitcoin price gained slowly, setting the 35% record on a weekly scale. On March 19, Bitcoin gains more than 10%, setting a positive trend for the market.Bitcoin price and the hash rate were falling during the last week. Today, the price bounced, setting a 6 days record since March 13. BTC price has added more than 11% and reached $5,800. Back then, Bitcoin made a quick dive to $4,000 and below. The analysts were not expecting such a sharp move reverse, with many of...

The number of coronavirus cases has reached a new sad record of 200,000. The markets react negatively. Dow Jones is falling.COVID-19 cases surpassed 200,000 worldwide on Wednesday as the coronavirus continues to spread outside of China where the original thing started. Dow Jones continues to lose its points.At the time of writing, Dow is 1,764 points down.The total number of cases now stands at 206,664 as of 3:35 pm CET on Wednesday, according to data compiled by John Hopkins University. The...

Bitcoin price recovery from last week’s catastrophic drop to $3,700 is still on as it tops $5,500 before pulling back below $5,200 partially driven by a boost from the reports that Trump Administration would support a $1 trillion coronavirus package.Nowadays we can read all about Bitcoin being “safe haven” in cases of emergencies, wars, unstable currencies, etc.However, nobody thought that an epidemic can become a “black swan” in such short notice. We had a big financial crisis back in 2008...

Peter Brandt, Bitcoin Halving and Coronavirus: is a famous trader and Bitcoin bear right about price fall? No matter what, he wants to convince you that Bitcoin is set to collapse. Recently, he said that Bitcoin can dive under $1,000, and here are some of his new thoughts.Peter Brandt broke forth into a series of hot Twitter posts, claiming that the Bitcoin halving, coming in 55 days, is irrelevant. He claims that the real Bitcoin‘s supply is its daily trading volume. So, the reduction of the...

Market analysts claim that Bitcoin price could return to $14,000 levels because halving is as unstoppable as coronavirus and causes an increase in Bitcoin’s scarcity.At the time of writing, Bitcoin price was reaching $5,300 levels, which means that the possible bull trend is near the next corner while teh next halving is getting closer. The sole fact that Bitcoin had survived Monday’s Wall Street opening and the red stock market, means it’s not all bad for crypto. Indeed, during the panic,...

Dow Futures are showing a sharp recovery after Monday’s bloodbath as U.S. President Donald Trump assures supporting industries amid this ongoing COVID-19 outbreak that has disrupted the global economy.On Monday, Dow Jones suffered its worst day after the “Black Friday” market crash of 1987 as fears of coronavirus continue to mount further. The Dow Jones crashed 12.9% i.e. nearly 3000 points closing at 20,188 levels. Just at the Monday opening, Dow Jones triggered a circuit breaker halting...

European markets rallied, but then lost some of their gains, while markets in the Asia-Pacific region were mixed on Tuesday as investors tried to grapple with a disastrous Monday on Wall Street.European equities started its trading higher on Monday following new development regarding the coronavirus vaccine. Also, the Union decided to close its external borders. The first human trial to evaluate a candidate vaccine against the new coronavirus has begun in Seattle yesterday, raising hopes in...