Oil prices rose in overnight trading and are on track for monthly gains, benefiting from a weaker dollar which continued to be hit by concerns over the recovery of the U.S. economy as the coronavirus ravages economic output.
Many changes wrought by the coronavirus has been reflected in the market, from the “stay at home” trade which gave rise to the Direxion Work From Home ETF (WFH) to the “recovery” trade.
Should little progress be made in Washington today, we suspect we will once again be closely watching the Sunday talk shows for hints for what could come next in terms of possible pandemic aid packages and their timing.
Of the industries soon to be enhanced through tokenization technology, the college sports industry stands out as one particularly ripe for adoption, due to recent developments surrounding the rights of college athletes.
As Powell was saying that monetary policy would remain unchanged, with zero interest rates and massive asset purchases as far as the eye can see, the market cheered, and stocks climbed. I couldn’t help but smile at the irony of the situation.
As Powell was saying that monetary policy would remain unchanged, with zero interest rates and massive asset purchases as far as the eye can see, the market cheered, and stocks climbed. I couldn’t help but smile at the irony of the situation.
As the markets monitor the state of the global pandemic, the $NUSI offers investors exposure to the tech-heavy @Nasdaq-100 along with two key objectives: income generation and downside risk mitigation.
As the markets monitor the state of the global pandemic, the $NUSI offers investors exposure to the tech-heavy @Nasdaq-100 along with two key objectives: income generation and downside risk mitigation.
Can a strong Apple (AAPL) earnings report and confident guidance get the stock, which has been one of this year's biggest winners, moving back in the right direction?
Fed Chairman Jerome Powell signaled the Fed will keep an accommodative stance with monetary policy until the economy has “weathered” the effects of the coronavirus pandemic.
Fed Chairman Jerome Powell signaled the Fed will keep an accommodative stance with monetary policy until the economy has “weathered” the effects of the coronavirus pandemic.
Shihui Chen is a Senior Data Scientist at Nasdaq, with a history of working in capital market research, holding a Bachelor degree in finance and banking from Zhejiang University and a Master degree with a focus in mathematical finance from the MIT Sloan School of Management.