Trading Ideas
Investors eyeing oil should have ‘a super long approach’ as prices fall
Frances Newton Stacy, Optimal Capital Dir. of Strategy, joins Yahoo Finance to break down what she is watching around Monday’s opening bell. …read more […]
Month: April 2020
Business News
U.S. Supreme Court sides with BP unit to curtail Superfund site cleanup lawsuits
The U.S. Supreme Court on Monday threw out a lower court ruling that had allowed litigation by Montana landowners to proceed against BP Plc unit Atlantic Richfield Co seeking a more extensive cleanup of a hazardous waste site than the federal government had ordered.
Trading Ideas
A tsunami of bankruptcies are about to wash away America's retail sector
The you know what is about to hit the fan in America’s retail sector because of the coronavirus pandemic. …read more […]
Trading Ideas
Where anxious investors are putting their money right now
Yahoo Finance’s Brian Sozzi and Alexis Christoforous speak with Investopedia Editor-In-Chief Caleb Silver about how investors are feeling according to the Investopedia Anxiety Index. …read more […]
Trading Ideas
Business News
U.S. restaurants on track to lose $240 billion by end of 2020: survey
U.S. restaurants are on track to lose $50 billion in April, with losses mounting to an estimated $240 billion by the end of 2020, as the coronvirus crisis ravages the industry, according to a National Restaurant Association survey released on Monday.
Business News
Investors much less confident about market outlook, Trump re-election chance: survey
The markets are much less confident about Europe and the United States getting back to business ahead of the summer, a Deutsche Bank investor survey showed on Monday, even as some countries begin gradually re-opening their economies.
Trading Ideas
Gold's rally will be tamed by dollar strength, weak physical market: Reuters poll
Spot gold has surged more than 10% this year, reaching an around 7-1/2 year high of $1,746.50 on April 14, as the coronavirus pandemic roiled global markets and central banks unleashed a wave of monetary stimulus. The poll of 37 analysts and traders conducted this month returned a median forecast for gold prices to average $1,639 an ounce in 2020 and $1,655 in 2021. …read more […]
Business News
Standard Chartered, Astra International agree to reduced sale price for stake in Indonesian bank
Standard Chartered said on Monday it had agreed with Indonesian conglomerate PT Astra International to sell their stake in Indonesia’s PT Bank Permata to lender Bangkok Bank PCL at a reduced price.
Trading Ideas
Coronavirus is causing young Americans to ‘reimagine their ideal trip’: TruePublic CEO
Yahoo Finance’s Brian Sozzi and Alexis Christoforous speak with TruePublic CEO Kaben Clauson on how Americans will spend their money after the coronavirus isolation ends. …read more […]
Business News
Expiring U.S. crude oil futures contract posts ‘epic’ 40% slide
An extreme situation has developed in the U.S. crude oil futures markets, as the current front-month May contract expiring on Tuesday has dropped by a whopping 40%, opening up the widest gap ever between it and the next contract, nearly $11 a barrel.
Trading Ideas
TD Bank saw an ‘incredible demand’ for PPP loans, as businesses wait for new funding
Congressional leaders and White House officials are closing in on a new round of funding in order to help those impacted by the COVID-19 crisis. Chris Giamo, TD Bank Head of Commercial Bank, joins Yahoo Finance to discuss. …read more […]
Trading Ideas
Neiman Marcus to reportedly file for bankruptcy
Neiman Marcus is preparing to seek bankruptcy, according to reports, making it the first major U.S. department store operator to do so during the coronavirus crisis. Yahoo Finance’s Brian Sozzi and Alexis Christoforous discuss. …read more […]
Trading Ideas
Oil plunges to lowest prices in decades on economic, storage concerns
Yahoo Finance’s Brian Sozzi and Alexis Christoforous speak with RJO Futures Senior Market Strategist John Caruso about the oil market turmoil. …read more […]
Business News
Plunge in U.S. oil prices sinks equities; bonds yields edge lower
Plunging U.S. crude oil prices pulled global equity markets lower Monday, kicking off a busy week of data and earnings that will further reveal the economic damage of the coronavirus pandemic.