US Stock Market Overview – Stocks Tumble As Fears Push VIX to 2-year Highs
The Dow Drops Nearly 1,200 points
Virus Fears Scuttle Market, EPS Growth In Question, Data Still Holding Up
Global equities continue to fall as traders re-set their expectations for 2020 GDP and EPS growth.
Asian Shares Mostly Lower; Bank of Korea Leaves Policy Rate Unchanged While Aussie Yields Hit Record Lows
In an unexpected move, the Bank of Korea kept its benchmark policy rate unchanged. Central bank policymakers surprised the financial markets by holding the benchmark interest rate at 1.25% when analysts polled by Reuters were expecting a rate cut.
Trump: US Coronavirus Risk ‘Very Low’; Microsoft Warns of Windows Unit Revenue Miss
Microsoft is the second company in the trillion dollar club to withdraw outlook. Earlier this month, Apple said that it may not be able to meet its March-quarter sales forecast.
The Mid-Week Wrap – Asian Markets and Stocks
It’s been a tough week for the bulls as the spread of the coronavirus continues to change the market dynamics. Even the U.S is likely to be impacted…
Will U.S Durable Goods Orders Give the Markets More Angst as the Number of U.S Cases Rise?
With economic data disappointing early in the day, the focus shifts to U.S stats, with GDP numbers and durable goods orders due out…
European Equities: Another Slide on the Cards and the Prospects of a Global Pandemic Intensify
The majors are set for another fall at the open as the markets face the ever-growing prospect of a global pandemic and even greater disruption to trade.
US Stock Market Overview – Stocks Close Mixed; Nasdaq Outperforms; The Russell Drops Sharply
New home sales surge
Equities Attempt Rebound, Coronavirus Spreading, 2020 Growth In Question
U.S. equities try to rebound in early Wednesday trading but investors be warned, this sell-off is not over yet.
Asian Shares Plunge as Investors Seek Safe-Haven Protection Amid Coronavirus Fears
A top U.S. health official sparked a stock market sell-off after warning on Tuesday the coronavirus will likely become a global pandemic. The health official also added that it’s just a matter of time before the outbreak starts to spread to the U.S.