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U.S. Markets Crash Following Others U.S. stocks crashed on opening after a holiday for Thanksgiving. The selloff was spread from global markets with fears that a new coronavirus variant identified in South Africa could pause economic recovery.  Haven assets rallied. Gold moved up, Japanese Yen moved up as the dollar weakened. Stoxx Europe is down […]
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U.S. Markets closed for Thanksgiving; Futures Gain Global stocks and U.S. index futures moved up with signs of a solid recovery in the world’s largest economy in yesterday’s jobless claims report.  Trading volumes are down around the globe as the U.S. traders celebrate the Thanksgiving holiday. The turnover in Asia’s equity benchmark was 17% lower […]
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U.S. Markets Move Down Again; Tech Stocks Once more in Red U.S. stocks fell in the first after the market tried to understand data of how the least jobless claims since 1969 will affect inflation. Personal spending also rose more than expected.  The tech-heavy NASDAQ 100 underperformed other benchmarks again this week as higher Treasury […]
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U.S. Stocks Move Down Once Again Stocks moved down for the second day as traders continued to book profits after earnings reports from major corporations. There is also the volatility ahead of Friday’s options expiry.  Cisco Systems, the biggest maker of computer networking equipment, pulled down Dow Jones after a poor sales projection. Alibaba Group […]
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U.S. Stocks Move Down From Near All-Time Highs Stocks in the U.S. market moved down with a consolidation pattern. Traders took a bearish view on the third day of the week as data showed fresh U.S. home construction unexpectedly slowed down. The data suggest that raw material prices along with labour shortage may be affecting […]
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U.S. Stocks Move Back up after Inflation Data Equities in the U.S. market recovered initial losses during a volatile start to the trading session.  Data published today showed that consumer prices inflation at the fastest pace since 1990. The S&P 500 reached back to slightly in the green after falling as much as 0.5%. Bitcoin […]

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