US futures Market Opens down,... sideways for the day...



The Dow resumed its move toward session lows on Monday as investors weighed the latest efforts to combat the coronavirus pandemic against hopes the economy could reopen sooner rather than later.
The Dow Jones Industrial Average slumped 2.2%, the S&P 500 lost 2%, while the Nasdaq Composite slumped 0.8%.
Stoking hopes that some parts of U.S. under lockdown may soon snap back into operation, President Donald Trump said in a tweet Monday that the decision to restart the economy would be made "shortly".
The tweet came as U.S. deaths from the coronavirus pandemic topped 20,000, surpassing that of Italy, which had been the epicenter of the global outbreak.
But in New York state there were growing signs that lockdown measures, including social distance, are flattening the curve of infections.



Popular posts from this blog

Mentor-Ship Information

Praises come to Erica Villalon from across the world, thanks to her understanding of the money markets industry and management of projects.  Audiences are not just feeling her mentor-ship in the Forex industry but also finding her lessons useful to become a successful player in the FX trade. Because of this, those who dream of becoming mentors seek her skills and mentor-ship abilities to apply it in their careers. In understanding this fact, Erica has compiled  Top tips to be a good mentor like Erica Villalon - YouTube  for you to watch and become a mentor in your own capacity.
Read more

US China Tensions with Tik Tok...

https://dz.wordpress.com/tag/erica-villalon/ Wall Street was set to pull back on Tuesday as President Donald Trump's moves to force China-owned TikTok into a sale of its U.S. operations drew a sharp rebuke from Beijing, ratcheting up tensions as the world slides into a pandemic-fueled recession. Friction between the world's top two economies took a back seat in the first half of 2020 as the COVID-19 pandemic crushed global growth, and an escalation now would hamper the recovery of some exporters and importers and fan fears of a deeper economic slump. With  Microsoft Corp  (O: MSFT ) looking to buy short-video app TikTok's U.S. operations, Trump said on Monday the U.S. government should get a "substantial portion" of any deal price. On Tuesday, state-backed newspaper China Daily said the country will not accept the "theft" of the technology company. Microsoft's shares were down 1.6% in premarket trading after surging more than 5% on Monday as the comp
Read more

S&P 500 is Flat...

  Erica Villalon Trading Desk The S&P 500 was little changed on Tuesday following a three-day rally as a drop in Apple shares (NASDAQ: AAPL ) overshadowed optimism from remarks made by U.S. and China officials in pledging firm commitment to a Phase One trade deal. The benchmark S&P 500 opened at a record high as the news eased some concerns the deal could be on shaky ground. Investors also anticipate the centerpiece event of the week - an annual conference of U.S. central bankers where Federal Reserve Chairman Jerome Powell is scheduled to speak. The S&P 500 and Nasdaq logged new closing highs on Monday, boosted by signs of progress in developing treatments and vaccines for COVID-19. The benchmark index surpassed its pre-pandemic high last week even as recent economic indicators signaled a bumpy recovery from the virus-led downturn. A survey from the Conference Board showed U.S. consumer confidence unexpectedly fell in August to a six-year low. https://www.plurk.com/ericavi
Read more