Global market sentiment has declined ahead of the latest US jobless claims data that is expected to show a massive spike in unemployment claims after businesses stateside shut down in an attempt to slow the spread of coronavirus. Some experts suggest record unemployment numbers in the US, with Citi as the most bearish, projecting roughly … Read more COVID-19 | For how long nations can keep up the spending?
More than £200 billion has been wiped off the value of shares on the London FTSE 100 since the start of the week, amid fears of a global outbreak of coronavirus. It’s the biggest one-week drop since the 2008 financial crisis, and comes after a British person aboard the Diamond Princess died from coronavirus on … Read more How is the coronavirus outbreak affecting businesses and stocks? | ITV News
On Friday the DOW finished up 42 points, and the S&P up 3.86 points, breaking a 6 week losing streak amid the fear of the Greek financial crisis. The tech heavy NASDAQ however finished %1.03 down for the week. Many analysts believe the worst however is not over. Director of Trading and Derivatives at Charles Schwab, Randy … Read more Markets make modest gains amid Greek Crisis
US Market Close: 10th February 2011 Global equity markets finished in mixed territory today after Egypt president Hosni Mubarak defied his detractors and in a much anticipated speech, vowed not to resign as president in the immediate future. The DOW finished 10.6 points lower, closing at 12,229.29, after posting 8 consecutive days of gains. Earlier … Read more Global Equities Mixed After Mubarak Vows Not to Stand Down