Thu, March 28, 2024

Stock Markets

Stocks and economic data

Stocks, New Cases of Coronavirus and Regional Factors

The mainland Chinese stocks saw gains while the Japanese stocks fell on Wednesday. Importantly, stocks in the Asia Pacific were little changed due to the issues connected with the coronavirus pandemic. It makes sense as caution remained over a recent resurgence in coronavirus cases in certain countries in the region. As stated above, mainland Chinese …

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OECD and its forecasts

U.K’s Prime Minister Plans to Reopen the economy

Investors, analysts, authorities are closely watching the situation amid hopes of global economies reopening as well as removing some of the rules connected with social distancing. Recently, the U.K.’s Boris Johnson outlined a “conditional plan”. Starting, from Monday people who are not able to work from home can go back to work. Nevertheless, it will …

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Asian stocks and the U.S. employment report

Stocks in Asia and the U.S. ahead of the Employment Report

It was a positive day for stocks across the Asia Pacific region, stocks saw gains ahead of the U.S. employment report for April. Let’s have a look at the Japanese stocks, that led gains among the region’s main markets. The Nikkei 225 added 2.56% to close at 20,179.09 as shares of index heavyweights Fast Retailing …

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Johnson & Johnson and its results

Stocks: Beyond Meat, Slack, and Zoom are Thriving

The coronavirus pandemic became the main topic of discussion among authorities, healthcare professionals, scientists as well as the owners of companies. It is possible to continue the list as the pandemic affected the vast majority of private and governmental organizations. It is not surprising that investors are closely monitoring the situation regarding the stocks. Importantly, …

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South Korea and interesting details

South Korean Stocks Strengthened Their Positions

The coronavirus pandemic and how to deal with it is the main challenge across the world. Authorities, researchers, healthcare professionals are working round the clock to create an effective vaccine. Stocks across Asia strengthened their position on Wednesday. For example, South Korea’s Kospi index gained 1.76% to close at 1,928.76 as shares of automaker Hyundai …

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Stock markets and oil industry

Asian Markets, Oil Prices, and Australia’s Retail Sales

Stocks across Asia saw gains on May 6. Also, oil prices regained some of their overnight gains. Let’s have a look at the markets and how they performed on Wednesday. Interestingly, South Korea’s Kospi index added 1.76% to close at 1,928.76 as shares of automaker Hyundai Motor gained 1.86%. Another South Korean index Kosdaq also …

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Aviation and financial results

Stocks: Buffett is no Longer Investing in Aviation

Once-thriving aviation industry came to a standstill due to the coronavirus pandemic. Moreover, many airlines cloud stop to exist with financial aid. Governments around the world are ready to support the aviation industry. Moreover, people should not forget that the aviation industry is cash-intensive and has a narrow economic moat. Also, the pandemic had a …

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IndiGo and coronavirus pandemic

Warren Buffett Sold his Entire Position in Major Airlines

Warren Buffett is one fourth-richest person in the world, and this fact shows that Buffett knows how to cope with various challenges. The aviation industry is not an exception. Moreover, Berkshire Hathaway owns significant minority holdings in the U.S. public companies such as American Express, Apple, Bank of America, The Coca Cola Company, etc. However, …

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Markets and interesting details

Largest Economies, Coronavirus Pandemic and Stocks in Asia

There are numerous factors that may affect stocks across the world. Tensions between the largest economies fall under this category. Two days ago, U.S. President Donald Trump said he believed that a “mistake” in China was the cause of the spreading coronavirus pandemic. However, he did not present any evidence to support his claim. Meanwhile, …

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Wall Street could Rebound amid Stop-Gap Funding Approval

U.S. Stocks’ Phenomenal Performance in April

The coronavirus pandemic created a lot of problems for the global economy. Nevertheless, last month U.S. stocks strengthened their positions despite the economic impact of the coronavirus. Also, for April the S&P 500 posted its third-largest monthly gain since World War Two. In April, its index gained 12.7%. Furthermore, it was the largest one-month gain …

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