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Outlook for U.S. pandemic death toll could hit 240,000 as NYC fatalities top 1,000. European lenders to halt dividends and share buy-backs Dow finishes worst quarter since 1987; broader market closes...
No question about it, March was painful, very painful, for stocks. And going into April the market continues to remain vulnerable and volatile.Just look at the last three days: the S&P 500...
First they did it to oil. Next, they might do it to gold.Russia’s often underestimated strength as a global economic influencer is beginning to dawn on some investors as crude prices languish at...
Semiconductor stocks have taken a savage beating in the past month. After their powerful rally in 2019, concerns that chip demand will collapse as the global economy slips into a recession have...
Today, the contract on the S&P 500 Index is up, along with most global stocks, after China surprised to the upside with its factory data. However, economists still forecast a terrible first...
Investors weigh positive China data against global coronavirus cases increase WHO sees some stability in European outbreak spread Despite China PMI beat, Q1 GDP is anticipated to have sharply...
HEXO Corp. (NYSE:HEXO), (TSX:HEXO) reported its second-quarter earnings yesterday that included positive increases in an impressive list of metrics. But all of those figures were overshadowed by one...
COVID-19 has changed almost every way the world works. Governments are paying people to stay at home. Landlords are telling tenants to use rent money to settle other bills first. And Texas is telling...
The market rout in the past four weeks has spared no one. Mega cap technology giants, which fueled the stock market boom during the past decade, also took a nosedive as investors sold stocks...
The current million-dollar question: after the massive sell-off over the past four weeks, when will the market finally bottom out?The answer should be obvious: nobody yet knows. The rapid spread of...
It could well be time to short oil again.Last week, we expected oil to rebound toward $30, along with a rising flag. But conditions appear worse than we had anticipated after the commodity's...
Coronavirus risk-off sentiment testing last week's gains from biggest U.S. spending bill in history Trump's weekend flip-flop on post-virus policy pressuring markets on Monday Oil struggling to remain...
Don’t worry about oil prices going to the teens. They already have, between Friday’s settlement and Monday’s open, in that black hole called electronic trading.As I write this, U.S....
Friday's stock pull-back signals strong investor uncertainty Traditional havens such as yields, yen, gold rise Economic data will begin pouring in showing coronavirus devastation, including...
It’s likely to be another roller coaster ride for stocks this coming week as investors weigh both positive and negative macroeconomic and geopolitical developments following a week which saw...
First, thank the Federal Reserve, the ECB and other global central banks for their response to the COVID-19 pandemic. Then, the U.S. Senate and lawmakers around the world. Finished? Now, say thank you...
Global carmakers are among the biggest industrial victims of the coronavirus pandemic. Facing plant closures and demand destruction, the global health crisis has pushed some of the weakest players...