"According to the data we collected, the virus disease pattern shows a classic sigmoid function curve," he said. "The curve looks like a stretched version of the letter 'S'. We appear to be at the top curve of the 'S', where the top curve indicates the maximum number of cases. … [Read more...] about US stocks rally, but latest figures show virus surge
Shanghai stock exchange composite index
Wang Tao, chief China economist at Swiss bank UBS, said that credit defaults will likely rise as corporate cash flows will be hit. Consumption-related industries including retail, catering and tourism will bear the brunt of the epidemic while sectors such as healthcare, e-commerce and online videos and games will benefit, she added. … [Read more...] about Chinese Stocks Rise for 7th Consecutive Day Amid Coronavirus Infection
That view was supported by a fresh batch of data on Friday. The University of Michigan's latest measure of consumer confidence rose to a nearly two-year high, helped along by rising stocks and lower gas prices. This "more than offset any coronavirus fears," per Paul Ashworth, chief US economist at Capital Economics. … [Read more...] about Why stocks keep moving higher. And higher. And higher.
The day after the only sitting socialist Senator won the New Hampshire Democratic primary to become the front-runner for his party’s nomination, stocks levitated to news highs. The Dow Jones Industrial Average gained nine-tenths of a percentage point, or 275 points, to hit a record close of 29551. The S&P 500 gained 0.65 percent and the Nasdaq Composite rose 0.9 percent, also setting new records. … [Read more...] about The Bernie Bounce: Stocks Rise to Record Highs After Sanders Win
Road to VR has not received reports of customers being notified of new stock, which means that manufacturing of the Valve Index may have stopped entirely. A possibility is that Valve is revamping the manufacturing process or moving production to a bigger facility to be able to support the demand for the VR headset. The coronavirus outbreak may also play a role, as some components of the device may be coming from China to be assembled in the U.S. … [Read more...] about Half-Life: Alyx release date set for March 23, but Valve Index remains sold out
Trade analysts said the Bangladeshi government's recent moves to divest shares of selected state-owned entities coupled with the central bank's fund supportive measures and ADB loan news apparently boosted investors' confidence to a large extent. … [Read more...] about Dhaka stocks daily turnover hits one-year high on govt’s measures, ADB loan news