Wall Street prepares for new unemployment figures

walidchabir (48)in #wall • 5 years ago

The US markets closed lower yesterday as the DJ30, SPX500 and NSDQ100 all closed down about 4.4%. However, futures indicate a recovery on Wall Street today, as the DJ30 is expected to increase by 200 points. The markets will also be affected today by the publication of unemployment figures expected at 13:30 GMT. Last week, the report uncovered more than 3 million new jobless claims, a record spawned by coronavirus, and that number is expected to rise again today. To keep up with the latest information on the global impact of the coronavirus pandemic.
DJ30 | DJ30

21,171.1 228.3 (1.09%)

68% sale

Headlines up: oil jumped 5%

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Oil jumps following Trump's comments: Oil prices jumped more than 5% today after President Trump said he had met with Russian and Saudi officials and that he expected them to strike a deal to end the price war "in the next few days."

Cryptocurrencies are going up: The jagged development in the cryptocurrency market has continued in the past 24 hours since the majority of currencies were in green at the time of writing this report. Bitcoin rose more than 4% yesterday to trade around the $ 6,600 mark.

Asian markets mixed: markets in Asia were mixed today. At the time of writing, the HKG50 and China50 indices were up while the JPN225 was down.

Travel stocks are collapsing again: the travel industry is severely affected by the coronavirus epidemic and suffered further losses yesterday. Cruise company Carnival Corp fell more than 30% and Eldorado Resort and United Continental were down almost 20%. To follow the most recent and significant market fluctuations, please visit the Market Movers page on eToro.

The European markets are opening up almost stable: while the UK100 and FRA40 opened up 3 and 2 points respectively, the GER30 opened down 21 points.

OIL
OIL | Oil

23.83 1.29 (5.72%)

87% purchase

BTC
BTC | Bitcoin

6,590.74 223.33 (3.51%)

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