Oil prices will stay below $40 a barrel this year, as measures aimed at halting the rapid global spread of the coronavirus cripple demand and the collapse of an OPEC+ deal adds to a mounting supply glut, a Reuters poll showed on Tuesday.
One unforeseen outcome from the coronavirus outbreak in China is that it is speeding up capital market reform even as economic activity is gummed up by restrictions to contain its spread.
Egypt's central bank is expected to leave its main interest rates unchanged this week as it weighs the impact of an emergency 300 basis point cut two weeks ago to soften the economic impact of the coronavirus outbreak, a Reuters poll showed.
If the 2008 financial crisis is any guide, world markets - which have barely had time to recover from the dollar's 9% surge in mid-March - may be set for another damaging bout of strength in the greenback.
Hudson Global (HSON) came out with quarterly earnings of $0.48 per share, beating the Zacks Consensus Estimate of $0.19 per share. This compares to loss of $0.10 per share a year ago. These figures are adjusted for non-recurring items.
Cronos Group (CRON) came out with a quarterly loss of $0.07 per share versus the Zacks Consensus Estimate of a loss of $0.04. This compares to loss of $0.05 per share a year ago. These figures are adjusted for non-recurring items.
Invitae (NVTA) closed the most recent trading day at $14.19, moving +0.71% from the previous trading session. This move lagged the S&P 500's daily gain of 3.35%. At the same time, the Dow added 3.19%, and the tech-heavy Nasdaq gained 3.62%.
In the latest trading session, Nokia (NOK) closed at $3.04, marking a +1% move from the previous day. The stock lagged the S&P 500's daily gain of 3.35%. At the same time, the Dow added 3.19%, and the tech-heavy Nasdaq gained 3.62%.
Teladoc (TDOC) closed at $163.56 in the latest trading session, marking a -0.37% move from the prior day. This move lagged the S&P 500's daily gain of 3.35%. At the same time, the Dow added 3.19%, and the tech-heavy Nasdaq gained 3.62%.
Innovative Industrial Properties, Inc. (IIPR) closed at $80.10 in the latest trading session, marking a -0.83% move from the prior day. This change lagged the S&P 500's daily gain of 3.35%. At the same time, the Dow added 3.19%, and the tech-heavy Nasdaq gained 3.62%.
T-Mobile (TMUS) closed the most recent trading day at $83.12, moving +1.71% from the previous trading session. The stock lagged the S&P 500's daily gain of 3.35%. Elsewhere, the Dow gained 3.19%, while the tech-heavy Nasdaq added 3.62%.
The Trade Desk (TTD) closed the most recent trading day at $197.51, moving -1.09% from the previous trading session. This change lagged the S&P 500's daily gain of 3.35%. Elsewhere, the Dow gained 3.19%, while the tech-heavy Nasdaq added 3.62%.
Barrick Gold (GOLD) closed at $19.29 in the latest trading session, marking a +0.26% move from the prior day. This move lagged the S&P 500's daily gain of 3.35%. Meanwhile, the Dow gained 3.19%, and the Nasdaq, a tech-heavy index, added 3.62%.
In the latest trading session, Baidu Inc. (BIDU) closed at $98.95, marking a +1.35% move from the previous day. This move lagged the S&P 500's daily gain of 3.35%. At the same time, the Dow added 3.19%, and the tech-heavy Nasdaq gained 3.62%.
Berry Petroleum (BRY) closed at $2.24 in the latest trading session, marking a +1.82% move from the prior day. The stock lagged the S&P 500's daily gain of 3.35%. Elsewhere, the Dow gained 3.19%, while the tech-heavy Nasdaq added 3.62%.
First Solar (FSLR) closed the most recent trading day at $36.06, moving +1.21% from the previous trading session. The stock lagged the S&P 500's daily gain of 3.35%. Elsewhere, the Dow gained 3.19%, while the tech-heavy Nasdaq added 3.62%.
AllianceBernstein (AB) closed the most recent trading day at $18.81, moving +0.48% from the previous trading session. The stock lagged the S&P 500's daily gain of 3.35%. Elsewhere, the Dow gained 3.19%, while the tech-heavy Nasdaq added 3.62%.
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