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

16Mar2021 Midday Update: Volkswagen Shares Soar As It Declares War On Tesla,DOW Fails To Make New Record Down153, SP 500 New Record -0.0% Flat, Nasdaq +0.7%, US Dollar Rises 91.90

Written by GaryDick s Sporting Goods launches its own men s athleisure line, rivaling Lululemon (SPY -0.04% flat). Biggest midday movers: Ulta Beauty, Starbucks, Nikola. ....

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15Mar2021 Market Close: Oil Prices Retreat As Biden Plans Major Federal Tax Hike, Dow, SP 500 End At New Records, +175 And +0.7% Respectively, Bitcoin At 56900

Written by GaryStimmies Send Stocks Soaring, Crypto Pumped n Dumped (SPY +0.6%). In a whipsaw session, tech stocks rebound. ....

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12Mar2021 Pre-Market Commentary: Wall Street Heading Lower At The Opening Bell, DOW Futures Up 45 Points, But Trending Lower, Nasdaq Off Sharply At -1.4%, Silver Slips To 25.42, Bitcoin Down To 55900

February 2021 Producer Price final demand increased significantly (SPY -0.4%). Biggest premarket movers: Ulta, Poshmark, and Novavax.
Here is the current market situation from CNN Money
European markets are mixed today. The CAC 40 is up 0.72% while the FTSE 100 gains 0.10%. The DAX is off 0.56%.
What Is Moving the Markets
Here are the headlines moving the markets.
Can Fuel Cell Cars Compete With The EV Boom?
If there has ever been a misleading headline, it has to be the one above, at least according to European carmakers. Hydrogen cars, they say, are not a viable alternative to battery electric vehicles. And that is despite billions of dollars that their own governments are pouring into hydrogen. You won t see any hydrogen usage in cars, Volkswagen s chief executive Herbert Diess told the Financial Times recently. Not even in 10 years because the physics behind it are so unreasonable. In this, Diess appears to share the opinion of the man he sees ....

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12Mar2021 Market Close: Brent Back Above $69 As Bullish Sentiment Holds, DOW Closes Near Historic New High +293, Nasdaq Sank To -0.6%, WTI Crude Settles At 65.57, Bitcoin Swings Lower 56700

Yeah that happened.
Source: Bloomberg
Small Caps are up a stunning 12% from last Friday s PPT rescue lows and while big-tech underperformed, everything was up this week in stock land on the back of a massive short squeeze ( most shorted stocks are up 19% from Friday s lows.
It seemed like only yesterday we were writing about how the film industry was mired in deep delays due to Covid. We wrote extensively about how studios were considering abandoning the box office altogether, how award shows would be thin or non-existent during 2020 and how filming of many projects was being pushed back or cancelled altogether.Â ....

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10Mar2021 Market Close: The Great Biden Experiment Begins As The $1.9 Trillion Bucket Of Lard Was Passed Entirely Along Partisan Lines, DOW Closed Up 464 Points Nasdaq Down And Flat, Bitcoin Off Highs At 55800

China dramatically increases ethanol purchases from the US (SPY +0.6%). BTFD buyers were out in full force DOW ends at record above 32,000 as bond yields fall.
The Market in Perspective
Here are the headlines moving the markets.
China Dramatically Increases Ethanol Purchases From The U.S.
ThreeReuterssources said Monday that Beijing made massive purchases of US energy products. The sources said, three ships carrying ethanol were heading to China from the US Gulf Coast. They said it s a sign that ethanol exports from the United States to the country are increasing drastically. The purchases are so big that they re expected to surpass the total amount of US ethanol that China imported last year, said Reuters. Each vessel is carrying 30,000 tons or about 240,000 barrels of ethanol, the sources said. It ....

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