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Top News In சந்தை செய்தி இலவசம் Today - Breaking & Trending Today

01Apr2021 Market Close: Stocks, Bonds, Bullion, and Black Gold Bid As Q2 Starts With SP 500 Closeing Above 4,019 For First Time, DOW Closes Up 172 Points, Nasdaq Up Sharply +1.8%

March 2021 ISM and Markit Manufacturing surveys improve (SPY +1.1%). U.S. stocks close sharply higher to cap holiday-shortened week.
The Market in Perspective
Here are the headlines moving the markets.
Saudi Aramco s Falling Profits Put Vision 2030 In Jeopardy
Saudi Aramcos profits fell by nearly 50% in 2020 as the pandemic battered oil markets and an oil price war between Russia and Saudi Arabia sent oil prices to record lows. Not even the worlds largest oil company could escape the devastation, although it did manage to remain profitable unlike many of its competitors. For Saudi Arabia, a country whose entire economy is virtually monopolized by the state-owned oil company, Aramcos 44.4% drop in profits meant a whopping 30.7% decline in oil revenues for the Saudi government. ....

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17Mar2021 Pre-Market Commentary: Oil Rally Stalls As Oversupply Threat Grows, DOW Up 37 Points, Nasdaq Down Sharply -1.2% After US Housing Starts Slumped More Than 10%, WTI Down To 64.09

Nasdaq futures tumble as treasury yields suddenly surge ahead of FOMC (SPY -0.3%). Stocks making the biggest moves in the premarket: Lands End, CrowdStrike, Plug Power.
Here is the current market situation from CNN Money
European markets are mixed to lower. Shares in London are off as the FTSE 100 drops 0.54%. The CAC 40 is down 0.17% while the DAX in Germany is unchanged.
What Is Moving the Markets
Here are the headlines moving the markets.
Bidens Energy Agenda To Reduce Oil Production And Boost Prices
Joe Biden had a neat, nine-point plan for energy when he campaigned for president. He started putting this plan into action on his first day in the White House with the cancellation of the notorious Keystone XL pipeline and has since then continued with his tough stance on fossil fuels. The argument that this tough stance will, in fact, benefit oil producers has been made since the campaign trail. It went like this: Bidens fight for less oil and gas and ....

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17Mar2021 Market Close: Powell Pumps Bitcoin, Bonds, And Big-Tech; Crashes Dollar, DOW Closes Up 189 Points Above 33,000 For The First Time As Fed Sticks To Easy Policy, Bitcoin 58100. US Dollar 91.44

Stocks Explode Higher After Powell Says Will Give SLR Update (SPY +0.3%). Stocks hit records after Fed signals no interest rate hikes through 2023.
The Market in Perspective
Here are the headlines moving the markets.
Why The West Is Worried About China s Renewable Energy Dominance
Over the past decade, no major energy source has grown faster than solar power. According to the 2020 BP Statistical Review of World Energy, installed solar photovoltaic (PV) capacity has grown at an average annual rate of over 42% over the past 10 years, translating into a doubling of global capacity every 1.7 years on average. Although that blistering pace could start slowing down as installed capacity grows, solar will likely remain the fastest-growing energy source for the foreseeable future.Much as with other energy sources, however, ....

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16Mar2021 Market Close: Big-tech Trumps Small Caps As Inflation Outlook Hits 13-year High, DOW Closed Down 128 Points, Nasdaq Up +0.1%, WTI Settles At 64.65, Bitcoin Higher 56200

U.S import prices jump as oil and other commodities rally (SPY -0.1%). Lithium prices have soared 88% this year.
The Market in Perspective
Here are the headlines moving the markets.
Are Analysts Underestimating Chinese Oil Demand?
Chinas annual session of the National Peoples Congress (NPC) last week set an annual economic growth target that at above 6 per cent - looks conservative to many and, as such, it is likely that the countrys demand for oil will be significantly higher than is implied in the growth figure. The soft economic growth target is a really low bar considering that annual growth prints will be boosted by favourable base effects, Eugenia Victorino, head of Asia strategy for SEB in Singapore told OilPrice.com ....

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16Mar2021 Pre-Market Commentary: U.S. Braces For Expensive Gasoline This Summer, DOW Down 24 Points, Nasdaq Futures Up +0.6%, Silver Slips 25.99, Bitcoin Falls 54800

Written by GaryU.S. retail sales drop 3% in February before new round of stimulus checks (SPY +0.1%). U.S. overtakes Saudi Arabia as India s No.2 crude oil supplier. ....

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