Category

NASDAQ

‘We’re heading for recession’: US futures plunge and oil plummets to 17-year low as coronavirus fears outweigh stimulus hopes NASDAQ

‘We’re heading for recession’: US futures plunge and oil plummets to 17-year low as coronavirus fears outweigh stimulus hopes

Reuters / Brendan McDermid US stock futures fell by the maximum allowed and oil slumped to a 17-year low on Wednesday as government measures failed to dispel coronavirus fears. The sell-off comes after Treasury Secretary Steven Mnuchin warned US unemployment could surge to 20% if the Federal Reserve and Congress…
bubmag
March 18, 2020
‘Markets are screaming for more’: Stocks, oil, Treasury yields climb as hopes of a global coronavirus response grow NASDAQ

‘Markets are screaming for more’: Stocks, oil, Treasury yields climb as hopes of a global coronavirus response grow

AP/Mark Lennihan Stocks, oil, and Treasury yields rebounded Friday as investors cheered central banks for boosting liquidity and hoped for a coronavirus rescue package in the US. Central banks in Norway, Japan, and Australia cut interest rates, bought government bonds, or took other expansionary measures. The US House of Representatives…
bubmag
March 13, 2020
NewsWatch: Dow sinks in worst day since 1987 crash as liquidity woes climb with coronavirus fears NASDAQ

NewsWatch: Dow sinks in worst day since 1987 crash as liquidity woes climb with coronavirus fears

MARKETWATCH FRONT PAGE U.S. stocks tumbled Thursday with both the Dow Jones Industrial Average and the S&P 500 index suffering their worst day since the October 19, 1987 “Black Monday” crash, while the S&P 500 and Nasdaq Composite joined the Dow in ending a record-setting, 11-year bull market. See full…
bubmag
March 12, 2020