About: anakin

Daily Market Analysis Market Focus Stocks climbed as gains in giant technology companies drove the Nasdaq 100 to a record, tempering concern that a recovery from the pandemic-induced recession will need more time. Treasuries rose. The rally in heavyweights such as Apple Inc. and Tesla Inc. offset a slide for energy producers and banks amid light trading volume. Earlier Thursday, equitiesContinue Reading

Daily Market Analysis Market Focus Stocks are slightly higher after closing at a record for the first time since COVID-19 started amid a rebound in giant technology companies. Major indexes advance as investors are waiting for the latest stimulus plan discussion ahead of the Federal Reserve’s meeting minutes. In the meanwhile, investors are putting theContinue Reading

Daily Market Analysis Market Focus Major U.S. indexes climb, buoyed by Chinese stimulus overnight, as of writing. The S&P 500 aims at its before the pandemic closing- record; the Nasdaq outperforms as a jump in several technological companies. In the meanwhile, China has decided to roll over medium- term loans and keep borrowing costs constantlyContinue Reading

Daily Market Analysis Market Focus   US equity market was mixed as stimulus negotiations linger. The White House and the Treasury is $1 trillion away from reaching a deal, “we have made clear to the administration that we are willing to come down $1 trillion if they will come up $1 trillion. We are willingContinue Reading

Daily Market Analysis Market Focus An American biotechnological company, Moderna Inc. reached an unprecedented deal of $1.5 billion with the Trump administration to supply 100 million does of its experimental vaccine for COVID-19. Under the deal, Moderna Inc. will provide about 100 million does, with the price of around $30.50 per person. In the meantime,Continue Reading