U.S. stocks soared on Thursday to post their best week of gains since 1974, extending a remarkable rally despite evidence of increasing economic strain due to the coronavirus pandemic.
Federal Reserve will spend $2.3 trillion on loans for households, small and medium-sized businesses with up to 10,000 employees and less than $2.5 billion in revenues for 2019.
As the need for telemedicine options increase amid the coronavirus crisis, telehealth stocks are predicted to significantly benefit from the change.
It is said that Bitcoin (BTC) price may move higher thanks to the upcoming Bitcoin halving event which is expected to happen in 34 days.
The Dow Jones Industrial Average is actively gaining today as well as many stocks on the market. Meanwhile, U.S. coronavirus cases have topped 400,000
Check out an exclusive interview with CoinMarketCap’s senior leadership about the philosophy behind the website, its history and the acquisition by Binance.
It is impossible to find an economy in Europe that is not affected by the coronavirus crisis. However, ministers in the Eurozone region have not reached an agreement on coronavirus efforts even after deliberating for hours on end.
Spain, Italy, France, and Germany all recorded over 100,000 COVID-19 cases. As hopes for the sooner recovery from the virus started fading, global stocks and market indices suffered on Wednesday.
Bitcoin Cash (BCH) halving event is expected to happen today at block 630,000. The number of coins created every 10 minutes will fall from 12.5 to 6.25.
Commentators and analysts are convinced that that Bitcoin price is seemingly getting ready to rally after reaching a critical price level of $7,430 with the BTC halving event looming.
The war for the oil market share between Russia and Saudi Arabia has forced the U.S. oil producers to severely cut their budgets and production outputs. The U.S. could possibly be a net importer of oil by the Q3 2020.
Bitcoin (BTC) price has managed to rise above $7,350. Positive tendencies can be observed in traditional markets as well.
The slowing number of new COVID-19 cases got the markets to cheer on Monday with a major rally. However, analysts are questioning the sustainability of this recovery with economic indicators showing a dark picture.
A few stocks, including some of the ones below, are being classified as COVID-19 stocks because of their potential to rise even as the pandemic worsens.
As there finally appeared some positive news about the coronavirus cases, the global markets started to react. Today in the pre-market, Dow futures have gained 837 points already.