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Top Things to Know in the Market on Wednesday, April 1
- 2020-04-01
- Traiding Idea
Coronavirus shock is pushing global growth toward zero Analysis from S&P Global Ratings predicted that with the quarantine of countries and the closure of major markets due to the spread of the Coronavirus, economic turbulence would push the world's economic growth to zero.
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Top Things to Know in the Market on Tuesday, March 31th
- 2020-03-31
- Traiding Idea
US stocks continued to recover on Monday as the US government's stimulus measures increased to counter the negative economic impacts of the Coronavirus. The Dow Jones Industrial Average climbed 690.70 points or 3.2 % and closed at 22327.48 points. S&P 500 Index jumped 3.4 % and closed at 2626.65, NASDAQ composite finished the day 3.6 % higher at 7774.15.
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Top Things to Know in the Market on Monday, March 30th
- 2020-03-30
- Traiding Idea
The US House of Representatives on Friday approved a $ 2.2 trillion stimulus package to help tackle the economic consequences of the Coronavirus. It is the largest economic stimulus package passed in American history. Worldwide, the number of confirmed cases of Coronavirus has reached 720,000, and the United States has become the main center of the Coronavirus outbreak, with 137,000 cases and 2400 deaths.
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Top Things to Know in the Market on friday, March 27th
- 2020-03-27
- Traiding Idea
On Thursday, the US stock market largely ignored reports of rising unemployment and continued its third day of growth following the passage of a $ 2 trillion Senate stimulus bill. The Dow Jones Industrial Average jumped 1351.62 points or 6.38 percent and closed at 22552.17 points. Thus, the Dow Jones jump in the last three days has reached 22%, the best 3-day jump since the year 1931. S&P 500 climbed 6.24 percent and closed at 2630.30 points. The NASDAQ composite also rose 5.60 percent to close at 7797.54 units. The shares of Facebook, Amazon, Netflix, Apple, and Google's parent company, Alphabet, all jumped more than 4 percent.
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Match Group Inc
- 2020-03-26
- Traiding Idea
Match Group, Inc. operates in the Dating segment. The Dating segment consists of all of its dating businesses across the globe.
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Top Things to Know in the Market on Thursday, March 26th
- 2020-03-26
- Traiding Idea
Over the past month, the stock market has faced many ups and downs, and this week is no exception. To recap, The stock market crashed again on Monday, despite the Federal Reserve's substantial commitment to buy assets. Then on Tuesday, indications out of the Senate that $ 2 trillion stimulus bill was nearing adoption pushed the market up. So the Dow Jones Industrial Average climbed 2113 points. Other indexes also rose well.
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Top Things to Know in the Market on Wednesday, March 25th
- 2020-03-25
- Traiding Idea
The stock market, which had its worst week since the financial crisis of the year 2008 and was facing its most challenging month since the Great Depression of the year 1931, Started this week with stock selling off again. The recent weakening of the stock market came as the Senate failed to pass a $2 trillion stimulus package bill. Then on Monday, after further negotiations, Signs emerged that the secretary of the Treasury and the Senate minority leader had apparently got close to an agreement.
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Day Ahead: Top Things to Watch for March 24
- 2020-03-24
- Traiding Idea
Global and US stock markets continue to be under intense sales pressure, unprecedented since the financial crisis of the year 2008. Investors' fears worsened, and confidence eroded due to the Coronavirus pandemic and its rapid spread in the US. And the largest cities in the country have been subjected to "social distancing," as ordered. Nonessential workers have also been urged to stay at home and avoid any rally, especially in California and New York, which will surely hurt the US economy in the coming months. The growing recession and massive government aids have discouraged the investor community, with the VIX index, known as the "fear gauge," rising sharply.
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