The Dow Jones pounded more than 700 points higher on Wednesday. Dow bulls flooded into the market after FOMC minutes depicted a deeply dovish Fed. The reopening of Wuhan – the apparent origin of the coronavirus outbreak – may have investors optimistic about the future. The Dow Jones roared back to life on Wednesday, leaving…
Gold’s price posted its biggest single-day slide since 2013. The yellow metal bottomed at $1,564.00/oz., wiping out more than two weeks’ worth of gains. The selloff was triggered by fears that coronavirus will impact demand for raw materials as economic growth grinds to a halt. Steep declines in stocks and other assets may have also…
The Dow Jones Industrial Average (DJIA) opened to triple-digit gains. Midway through the morning session, the Dow nosedived more than 250 points. Here’s what sparked the stock market’s sudden reversal. After suffering three straight losses, the Dow Jones appeared determined to end the week on a high note. The index rose more than 100 points…
Short-sellers in Apple ramped up activity in December compared to January. Apple’s dividend yield is now below other big stocks. The tech giant’s P/E ratio is also higher than its average over the last five years, making the stock relatively pricey. iPhone-maker Apple (NASDAQ:AAPL) may have closed the year as the Dow’s biggest gainer but…
Privacy-centric Zclassic (ZCL) is skyrocketing after its founder Rhett Creighton decided to “put more ZCL in the hands of people.” Rhett Creighton offers 1,000 ZCL to his followers. | Source: TwitterIn the last 24 hours, ZCL jumped over 60% to hit a high of $0.45. The bullish momentum appears to be correlated with the increasing…
Stocks lurched into the red during midday trading on Wednesday. Wall Street recoiled to a Reuters report that darkened trade war sentiment. The Dow, S&P 500, and Nasdaq are all heading toward losses. Well, that didn’t take long. Just days after a Trump cabinet official assured markets that a November trade deal was still on…
