Oil prices bounced off their lowest levels in 20 years on Thursday, as investors absorbed a huge influx of central bank and government support measures against economic fallout from the coronavirus and Russia indicated it would like to see higher prices. The front-month April West Texas Intermediate crude contract CLJ20, …
Read More »Metals Stocks: Gold prices jump more than 3% after Fed announces short-term funding facility
Gold prices punched higher Tuesday, with gains for the metal coinciding with an announcement that the Federal Reserve was establishing a lending facility to assist U.S. corporations in rolling over short-term debt, a key area of the market that had frozen during the coronavirus pandemic. A gain for the precious …
Read More »Justice Department shifts stance on working from home during coronavirus outbreak after employee group’s complaint
The U.S. Justice Department has ordered “maximum telework” after MarketWatch reported on staff members’ complaints about having to show up at their offices even after the coronavirus was detected among workers at a department building. “I am directing Components to move to a posture of maximum telework in the NCR …
Read More »Asia Markets: Asian markets resume plunge after Dow enters bear market
Asian shares plunged Thursday after the World Health Organization declared a coronavirus pandemic and indexes sank on Wall Street. Japan’s Nikkei NIK, -4.41% closed down 4.4% and Hong Kong’s Hang Seng Index HSI, -3.52% fell 3.6%. The Shanghai Composite SHCOMP, -1.52% dropped 1.7% while the smaller-cap Shenzhen …
Read More »Market Snapshot: Stock futures slide after Tuesday’s rebound
U.S. stock futures slid early Wednesday, suggesting more volatility when trading begins Wednesday, following two roller-coaster days on Wall Street. What are the major indexes doing? Dow Jones Industrial Average futures YMH20, -2.23% were last down around 700 points, or 2.8%. S&P 500 futures ESH20, -2.33% and Nasdaq-100 …
Read More »Coachella festival postponed due to coronavirus, a day after Pearl Jam puts off tour
The Coachella Valley Music and Arts Festival, one of the largest music festivals in the country, will be postponed due to the coronavirus outbreak. The festival in Indio, Calif., was scheduled to take place April 10-19, but will be pushed back to Oct. 9-18, the organizers announced late Tuesday. The …
Read More »Asia Markets: Asian stocks bounce after huge losses on news of possible U.S. tax cut
BEIJING (AP) — Asian stock markets took a breather from recent steep declines on Tuesday, with several regional benchmarks gaining more than 1% after New York futures reversed on news that President Donald Trump plans to ask Congress for a tax cut and other quick measures to ease the pain …
Read More »A Guide to Looking After Your Home Appliances
Keeping a household running is a difficult task and every homeowner relies on various appliances in order to provide a warm, comfortable and productive household for their family. As such an integral part of the household and daily life, these appliances need to be carefully maintained so that they are …
Read More »Market Snapshot: A pause after the plunge? U.S. stock futures rise, suggesting Tuesday gains
Stocks on Wall Street plunged Monday, but futures trading suggests a rebound — or a least a respite — on Tuesday. Dow Jones Industrial Average futures YM00, +0.73% rose more than 200 points on Tuesday, while S&P 500 futures ES00, +0.84% gained 0.8% and Nasdaq Composite futures NQ00, +1.20% …
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