Tag Archives: commodity

Why the Dow is at risk of the worst week in its 124-year history as coronavirus fear grips Wall Street

Why the Dow is at risk of the worst week in its 124-year history as coronavirus fear grips Wall Street

Get ready for the worst week ever for stocks — ever. The Dow Jones Industrial Average is on the verge of carving out history on Friday, but for all the wrong reasons if you are a bullish investor. The threat of the spread of the novel coronavirus has injected a …

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Dow futures bounce 1,000 points higher after Trump floats payroll-tax cut

Dow futures bounce 1,000 points higher after Trump floats payroll-tax cut

Stock-index futures jumped Tuesday, pointing to a partial rebound from Wall Street’s worst selloff since 2008. A Tuesday rebound would not be unusual — Bespoke Investment Group strategists found that in the 10 previous times since 1952 that the S&P 500 fell 5% or more on a Monday, the index …

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Stock, Currency, Commodity Markets Shut For Holi On Tuesday

Markets Off Day

The domestic capital, debt and foreign exchange (forex) markets will remain shut on Tuesday for Holi.  Holi is a festival of colours as on the main Holi day, people transcending classes and age groups daub themselves in colours or gulal of all hues. Holi is also known as the Spring …

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When Will Stock Market Recover? The Pain Isn’t Over.

When Will Stock Market Recover? The Pain Isn’t Over.

Text size Photograph by Spencer Platt/Getty Images It’s the end of the world as we know it—but at least the stock market finished higher. Just don’t expect it to last. No, it’s not really the end, but it sure felt that way at certain moments this past week. The coronavirus …

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Here are Friday’s worst stock-market performers as oil takes the market down

Here are Friday’s worst stock-market performers as oil takes the market down

On the worst day for oil prices in more than five years, the broad U.S. stock indexes took another beating on Friday. • The Dow Jones Industrial Average DJIA, -0.98% was down 256.5 points, or 1%, to close at 25,864.78. • The S&P 500 index SPX, -1.70% fared considerably worse, with a …

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TGIF? Dow industrials are on pace for the longest Friday losing streak in 14 years as coronavirus has Wall Street dreading weekends

TGIF? Dow industrials are on pace for the longest Friday losing streak in 14 years as coronavirus has Wall Street dreading weekends

Thank God It’s Friday? That is not the case for Wall Street investors with stocks in the Dow Jones Industrial Average, which is on pace for a dubious distinction if the 124-year-old index finishes in negative territory tomorrow. Fridays have become a source of dread for Wall Street investors lately …

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GM ‘Came Out Swinging’ Against Tesla With Its Electric-Vehicle Technology

GM ‘Came Out Swinging’ Against Tesla With Its Electric-Vehicle Technology

Text size The General Motors logo Photograph by Justin Sullivan/Getty Images General Motors has big electric-vehicle ambitions, and Wall Street appears to be impressed. “GM comes out swinging against Tesla,” Wedbush analyst Dan Ives wrote in a Wednesday evening research report, following the company’s electric-vehicle technology presentation near Detroit earlier …

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Dow industrials seen opening sharply higher gains a day after Fed’s surprise rate cut

Dow industrials seen opening sharply higher gains a day after Fed’s surprise rate cut

Getty Images Democratic presidential candidate Joe Biden greets restaurant patrons at Buttercup Diner in Oakland, Calif. U.S. stock index-futures were poised to open sharply higher Wednesday after results of the Democratic party’s primary vote to nominate a presidential candidate in November’s election boosted the chances of former Vice President …

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Bitcoin Identity Crisis Currency vs Commodity

Bitcoin Identity Crisis Currency vs Commodity

So bitcoin’s a currency, right? Well, yes, it can be used to buy, sell and price goods much like dollars and euros. A commodity? Come to think of it, it does behave a lot like oil and gold – it can be bought and sold in cash markets or via …

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Stock Market Bounces Back as Investors Bet on the Fed

Stock Market Bounces Back as Investors Bet on the Fed

Text size 2:15 p.m.: U.S. stock indexes are rising in volatile trading, after opening solidly higher following their worst week since the financial crisis. The Dow Jones Industrial Average was up 774 points, or 3.1%, at its highest levels of the day. The S&P 500 was up 2.5% and the …

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