According to Goldman analysts, crude oil prices are likely to rise sooner, and her than anticipated thanks to energy demand recovery globally, which had outpaced additional supply from US shale and OPEC. The analysts raised their previous Brent price predictions by $10 per barrel to $70/bbl in Q2 and $75/bbl in Q3. Oil prices to
Gold
The stock market is on a hot streak lately with all three major New York markets showing an upward trend. The Dow Jones rose 1.08% to close at 31,055.85. The NASDAQ rose 1.23% to close at 13,777.74 and the S&P 500 rose 1.09% to close at 3,871.74. STOXX Europe also saw an increase today, coming
The stock market saw a good start to the week today with all three major New York stock markets showing an increase. The Dow Jones rose 0.75% to close at 30,211.91. The NASDAQ closed up 2.55% to finish at 13,403.39 and the S&P 500 closed up 1.61% to close at 3,773.86. STOXX Europe was also
Inauguration day seems to have went quite well for the stock market in New York with all three major exchanges reporting improvements. The Dow Jones rose 0.83% to close at 31,188.38. The NASDAQ rose 1.97% to close at 13,457.25 and the S&P 500 rose 1.39% to close at 3,851.85. Stocks rose to record highs with
Closing for the stock market was tempered today by news of President-Elect Biden’s plan for a nearly $2 trillion stimulus package. Not to mention the current impeachment news that has shaken up the entire country. The Dow Jones fell 0.57% to close at 30,814.26. The NASDAQ fell 0.87% to close at 12,998.50 and the S&P
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The stock market saw a slight increase today with all three major New York stock exchanges coming in with positive numbers. The Dow Jones reported a 0.19% increase to close at 31,068.69. The NASDAQ reported an increase of 0.28% to close at 13,072.43 and the S&P 500 reported an increase of 0.04% to close at
Bonds remain under pressure as talk of more stimulus package to revitalize a struggling U.S economy continues to gather pace. The yield curve is steepening as investors await big borrowing under the Democrat’s regime, who now control both houses. Rising Yields The U.S 10-year debt is up by more than ten basis points for the
Following yesterday’s chaos at the Capital, it seems the stock market is coming back up as we head into the weekend. The Dow Jones finished up 0.18% to close at 31,097.97. The NASDAQ closed up 1.03% to finish at 13,201.98 and the S&P 500 closed up 0.55% to finish at 3,824.68. STOXX Europe also saw
Gold futures started Monday on a high note seeing 2% gains and putting them at a level that would be the best annual return in a decade while the United States Dollar fell to its lowest value in about two and a half years. The high value of gold bullion is likely because of
The U.S real estate sector has shrugged off the shocks triggered by the COVID-19 pandemic to cap one of the finest runs amid a challenging macro environment. Contrary to expectations, the pandemic has fueled activities in the sector as health concernstriggered the digitization of the home buying process. Pandemic Triggered Home Buying As remote-working took
The stock market fell today, after a good Monday it seems that Tuesday is settling things down again. The Dow Jones fell 0.22% to close at 30,335.67. The NASDAQ fell 0.38% to close at 12,850.22 and the S&P 500 fell 0.22% to close at 3,727.04. Boeing is finally getting back in the air but
The stock market saw another mixed day today, with numbers coming in at moderate numbers. The Dow Jones fell 0.15% to close at 30,154.54. The NASDAQ rose 0.50% to close at 12,658.19 and the S&P 500 rose 0.18% to close at 3,701.17. STOXX Europe also closed up today by 0.79% to finish at 395.95.
The market saw another mixed day though numbers were very slow to fluctuate throughout the day. The Dow Jones rose 0.16% to close at 30,046.37. The NASDAQ closed down 0.23% to finish at 12,377.87 and the S&P 500 fell 0.13% to close at 3,663,46. STOXX Europe fell slightly today, by 0.73% to close at 390.28.
Bitcoin’s upward momentum has lost steam. The flagship cryptocurrency has struggled to power through its all-time highs of $20,000, with bulls caught in intense consolidation in recent days. A sell-off to the $1800 support is no longer inevitable as miners have turned bearish opting to offload holdings. Bitcoin Consolidation A break below $19,000 appears to
The market closed on a high note today with the three main markets in New York closing up. The Dow Jones closed up 0.35% at 30,173.88. The NASDAQ closed up 0.50% at 12,582.77 and the S&P 500 closed up 0.28% at 3,702.25. STOXX Europe also rose today by 0.25% to close at 393.81. The
The stock market saw another slow increase today with the three major markets increasing by less than 0.9% each. The Dow Jones increased 0.83% to close at 30,218.26. The NASDAQ rose 0.70% to close at 12,464.23 and the S&P 500 closed up 0.88% to finish at 3,699.12. STOXX Europe also saw a slight increase of
Pfizer is now announcing that they will have a target of 50 million doses of their vaccine available by the end of the year. This after previously announcing a target of 100 million doses, which would have provided 50 million people with the vaccine. The new target means that 25 million people will be able
After a rocky start to the week the stock market seems to be looking up yet again with the three primary New York markets reporting gains for the day. The Dow Jones saw an increase of 0.63% to close at 29,823.92. The NASDAQ saw an increase of 1.28% to close at 12,355.11 and the S&P
Is cash becoming trash? That’s what Tyler Winklevoss said in an interview on monday saying he is extremely bullish for the future of bitcoin, which is the most popular cryptocurrency but is one of the most controversial ones as well. Both Tyler and Carmon, twins and major players in the market, went on to talk
November has been an absolutely brilliant month for the stock market as investors boosted stocks all across Wall Street as news from multiple companies about positive COVID-19 vaccines coming close to distribution led some to believe that the old normal would soon be returning. December could be a barometer as to whether that was all
The market came back a little mixed heading into the holiday, though none of the stocks seem to have shown a dramatic change. The Dow Jones dropped 0.58% to close at 29,872.47. The NASDAQ closed up 0.48% at 12,094.40 and the S&P 500 closed down 0.16% at 3,629.65. STOXX Europe also closed down slightly today
In a time when no news is bad news over the long term for investments it’s getting difficult for observers and analysts to think that major risk is going to cause a downturn. During Tuesday’s session the DOw Jones Industrial Average was noted for cracking the 30,000 point range, it’s 25th record close of the
It seems Google is not one to be satisfied with any of their ventures, not when they can reach into even more. And that’s the case when it comes to their Google Pay app and the new features they’re set to roll out in conjunction with Citi and Stanford Federal Credit Union. Beginning in 2021,
The stock market seems to have peaked and started coming back down again, though not quite as badly as it did last month. In fact, the Dow Jones reported a drop of 0.53% to close at 29,790.25. The NASDAQ reported a drop of 0.18% to close at 11,903.24 and the S&P 500 reported a drop
One of the leaders in forecasting currencies, Deutsche Bank, has taken the information known so far about the election and changed the forecast of the United States Dollar in this tight presidential election as the new Congress is looking to be in legislative gridlock for the next term. The move is in a positive direction
One of the co-founders of the legendary Quantum Fund made statements about how the next bear market will likely be the worst in almost 80 years, asd that younger investors will be the ones hurt the most. That would be Jim Rogers, the 78 year old co-founder of that fund with George Soros is reiterating
Hurricane Delta is expected to make landfall on Friday as a Category 2 hurricane. While this is significantly better than some of the hurricanes that the area around Louisiana has been faced with in recent periods, it’s still far worse than what anyone had hoped for. In preparation for the storm Gulf of Mexico producers
The stock market was back down again today with each of the markets closing down further than they rose for the previous day. The Dow Jones saw a decrease of 375.88 points or 1.34%. The NASDAQ saw a decrease of 177.88 points or 1.57%. The S&P 509 saw a decrease of 47.66 points or 1.40%.
Tuesday took the markets higher across the board, with the Dow Jones Industrial Average climbing 0.76%, the Nasdaq up 1.39%, and the S&P 500 rising 0.75%. The European Stoxx 600 was down 0.35% with travel and leisure shares among the worst performers. Amazon continues its growth and flirted with a share price over $3,500 today,