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10 things you need to know before the opening bell

1 month ago   |   By Business Insider

Here's what you need to know before markets open.
1. Global stocks rise as investors digest the ECB's huge new stimulus package and await US jobs data. Oil prices rose as the OPEC+ may end up meeting as soon as today after Thursday's meeting got cancelled over compliance issues.
2. Investors pumped $22.5 billion into US bond funds in a single week - the highest amount since 2007. Bond markets seem to be attracting investors despite carrying higher risk compared to the safe haven money markets.
3. An investment adviser with historic ties to Warren Buffett likely scored a $900 million gain...
Read more ...

 

Global stocks rise as investors digest the ECB's huge new stimulus package and await US jobs data

Global stocks rise as investors digest the ECB's huge new stimulus package and await US jobs data

1 month ago   |   By Business Insider

Most global stocks are green on Friday as they digest a bigger than expected ECB stimulus package of $676 billion to fight COVID-19.
The S&P 500 and the NASDAQ closed lower on Thursday the first time since US protests began last week, due to weak initial jobless claims data, which showed two million more Americans filing for unemployment.
The euro to US dollar rose about 0.9% to 1.1335 after the ECB announcement.
But analysts said equities could move sideways with US Non-Farm Payroll data due later on Friday.
Oil prices rose as the OPEC+ may end up meeting as soon as today after Thusday's...
Read more ...

 

Global stocks rise as investors digest the ECB's huge new stimulus package and await US jobs data

Global stocks rise as investors digest the ECB's huge new stimulus package and await US jobs data

1 month ago   |   By Business Insider

Most global stocks are green on Friday as they digest a bigger than expected ECB stimulus package of $676 billion to fight COVID-19.
The S&P 500 and the NASDAQ closed lower on Thursday the first time since US protests began last week, due to weak initial jobless claims data, which showed two million more Americans filing for unemployment.
The euro to US dollar rose about 0.9% to 1.1335 after the ECB announcement.
But analysts said equities could move sideways with US Non-Farm Payroll data due later on Friday.
Oil prices rose as the OPEC+ may end up meeting as soon as today after Thusday's...
Read more ...

 


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