* Increase in US viruses, New restrictions considered * Europe stabilizes after early decline, Japan -1.2%, Australia -2.5% * US stock futures fell 0.5% after falling as low as 1.2% * Stronger dollar in the currency markets * Brent drops less than $ 40 a barrel * * By Marc …
Read More »Unemployment claims fall to 1.48 million, but slow decline indicates hectic economic recovery
The numbers: New claims for traditional unemployment benefits fell slightly last week to 1.48 million, but remain stubbornly high three months after the start of the coronavirus pandemic, signaling that an incipient economic recovery is likely to be uneven. Initial jobless claims, a rough measure of layoffs, declined in the …
Read More »Lufthansa skyrockets after major shareholder backs bailout
FRANKFURT (Reuters) – Lufthansa (LHAG.DE) Shares rose as much as 20% on Thursday after its main shareholder rejected its objections to a 9 billion euro ($ 10 billion) government bailout for the German airline that was on the brink of collapse due to the COVID pandemic- 19. “I am going …
Read More »Dow prepares to fight for altitude after the biggest loss in 2 weeks, in the middle of a day filled with economic reports and bank stress tests
The actions of EE. USA They are trading lower on Thursday after major benchmarks set for their worst one-day drop since June 11, amid growing signs that COVID-19 cases are accelerating, snarling efforts to reopen various states and threatening the economy’s ability to back down. deadly outbreak. Investors will face …
Read More »Gold and silver penny stocks could be Robinhood traders’ next obsession, says this portfolio manager
Thursday seems weak again for stocks, with concerns of spreading the US virus. USA And unemployment claims in focus. Beating the S&P 500 for a mile has been GCQ20 gold, -0.19%, one of the best performing asset classes of the year, which recently peaked at 8 years, generating bullish predictions. …
Read More »