April 2nd, 2025
Coronavirus Updates - Page 29
10-Year Treasury Yield Dips Below 1% after Fed Presses the Emergency Button
By Bhushan Akolkar
March 4th, 2020
The 10-year and 30-year Treasury bond yields are currently at their historic lows. Tuesday’s FED rate cuts have surprised traders as investors are now leaving stocks aside and moving for safer bonds.
Costco (COST) Stock is the Winner of Monday’s Rally with 9.96%, Today It’s Also in Green
By Tolu Ajiboye
March 3rd, 2020
Costco stock is directly poised to enjoy a heavy surge in related supplies as the coronavirus outbreak causes people to start bulk buying.
Coronavirus Could Be a Positive Game-Changer for These 5 Stocks
By Tolu Ajiboye
March 3rd, 2020
While many stocks are taking a big hit because of the coronavirus, the following 5 are some that are set up to benefit from the outbreak. Let’s have a look at them.
Microsoft (MSFT) Stock Rose 6.65% on Monday, No Coronavirus Worries
By Teuta Franjkovic
March 3rd, 2020
Without a doubt, investors should brace themselves for more declines in Microsoft (MSFT) stock as the coronavirus rages on. But for investors with a longer-term view holding on to this software giant should prove to be a smart move.
G-7 to Coordinate Their Efforts in Fighting Coronavirus, Mnuchin and Powell to Lead a Call
By Teuta Franjkovic
March 3rd, 2020
Led by U.S. Treasury Secretary Steven Mnuchin and Federal Reserve Chairman Jerome Powell, a G-7 call will be devoted to the discussions of the coronavirus outbreak and its economic impact.
Robinhood Was Offline for Entire Trading Day, Dow Jones Made Its Biggest Point Gain Ever
By Wanguba Muriuki
March 3rd, 2020
Robinhood online brokerage app crumbled on March 2 when the Dow Jones gained its most single-day points, leaving investors frustrated unable to take advantage of the market recovery.
Dow Surges 5.1% in the Biggest Gain since 2009 after Last Week Coronavirus Sell-off
By Teuta Franjkovic
March 3rd, 2020
The market bounce at the beginning of the week was partly driven by expectations that the Federal Reserve would step in to mitigate the coronavirus impact by cutting the key interest rates.
Tesla (TSLA) Stock Rose 11.32% Despite Morgan Stanley Says It’s Still a Sell
By Bhushan Akolkar
March 3rd, 2020
Despite the massively weakening demand in the European market, the TSLA stock surged 11% on Monday beating down the bears. Reportedly Tesla is focusing on strengthening its position in the North American market.
10-Year Treasury Yield Falls Below 1.04% amidst U.S. Rates Drop
By Christopher Hamman
March 2nd, 2020
As the U.S. 10-year Treasury yield has fallen to a new low, many analysts believe that an economic recession is likely to happen. Investors are looking at bonds as a haven.
Apple (AAPL) Stock Fell More Than 6% on Friday, Today It Is in Green
By Tolu Ajiboye
March 2nd, 2020
Apple stock fell almost 7% on Friday because of the coronavirus. However, AAPL recovered a huge chunk of its loss in no time. Today it is also up.
Coronavirus Vaccine: 5 BioTech Stocks to Buy as a Hedge against COVID-19 Threat
By Tolu Ajiboye
March 2nd, 2020
As major biotech companies try to create a proper coronavirus vaccine, the following stocks just might be strong enough to hedge against the current financial plunge.
AMZN Stock Moves 0.03% Down, Two Amazon Employees in Italy Infected with Coronavirus
By Teuta Franjkovic
March 2nd, 2020
Amazon (AMZN) stock failed last month’s breakout above 18-month resistance. Even so, it could make a final stand at rising trendline support near $1,850, which has narrowly aligned with the 200-day EMA.
Dow Futures Surge as Investors Shrug Off Coronavirus Concerns
By Bhushan Akolkar
March 2nd, 2020
After a massive bloodbath last week, the markets are showing signs of recovery as indexes turn positive. Dow Futures are surging. But China’s manufacturing Index for February has scored below market expectations.
Dow Jones Falls More Than 12% in a Week: What to Expect?
By Teuta Franjkovic
March 1st, 2020
Equities on major United States stock markets closed the trading session on Friday mostly lower, ending the worst week since the 2008 financial crisis. The Dow Jones and S&P 500 each dropped 12% and 11% in a week.
Geneva Motor Show Will Not Take Place Due to Coronavirus Fears
By Steve Muchoki
February 29th, 2020
While the coronavirus is expanding to new countries, already a row of major international events has been canceled. Now it has become known that the Geneva Motor Show will not take place this year.