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U.S. stocks are falling on Thursday as a jittery Wall Street continues to eye the expansion of the coronavirus around the world. Dow bulls are nervously watching what could be a new base camp for the disease in Daegu, South Korea. The city of 2.5 million residents faces a possible quarantine. The Dow
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The Dow Jones Industrial Average suddenly crashed 400 points off its session high. Analysts and traders are baffled by the sharp move lower. Tech stocks suffered the brunt of the damage. A quiet day for the Dow Jones Industrial Average (DJIA) turned into a near-bloodbath on Thursday as the U.S. stock market pivoted
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Dow Jones Industrial Average (DJIA) futures were marginally lower ahead of the bell on Thursday. Gold hit a seven-year high as investors hedge against coronavirus economic impact. Stocks and gold rallying together are ‘striking’ and could be a warning sign for global stock markets. Dow Jones Industrial Average (DJIA)
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U.S. stock market futures fell after Bernie Sanders nomination odds moved above 50% for the first time. Sanders was buoyed by the fact that Mike Bloomberg had a historically bad night, as his odds plummeted after an attack from Elizabeth Warren. Dow bulls were quick to buy the dip,
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Stock market euphoria returned on Wednesday as the Dow Jones, Nasdaq, and S&P 500 pushed back towards record highs. This confidence in risk assets belies demand for safe-havens as the price of gold continues to surge. Concerns about risk-taking and the impact of the coronavirus are potential causes for
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The Dow Jones Industrial Average (DJIA) pushed higher on Wednesday as coronavirus fears eased. Two of the world’s largest economies, Japan and Germany, edge closer to recession this year. The risk of a global recession in 2020 is now ‘imminent.’ U.S. stock markets continue to blaze in ‘risk-on’ mode
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Apple’s coronavirus profit downgrade rippled through U.S. stocks with exposure to China on Tuesday. As the Dow Jones’ second most heavily weighted stock, AAPL put severe pressure on the index. Dow bulls are still betting on a v-shaped recovery in China’s economy, but Japan and Germany might not be so fortunate. The Dow
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Dow Jones Industrial Average (DJIA) futures fell as much as 178 points on Tuesday. Apple warned investors that coronavirus shutdown in China would hit revenue. One Morgan Stanley analyst said we are entering a ‘downturn’ phase for the U.S. markets. U.S. stock markets were knocked off their record highs during after hours trading
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Apple surprised stock market investors on Monday as it lowered its revenue guidance amid the coronavirus crisis. Dow futures fell after the note was released, as investors brace for more downgrades from other U.S. companies with exposure to China. A new report from the Chinese CDC claims several worrying facts about the
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Dow Jones Industrial Average (DJIA) futures tick higher on Presidents’ Day Monday. Fidelity reports that a record number of its retirement accounts now hold $1 million or more. The US stock market continue to push all-time highs despite coronavirus fears. The U.S. stock markets are closed today for Presidents’ Day but that hasn’t
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