In New York, the Dow Jones industrial average was up 48.38 points at 24,270.37. The S&P 500 index was up 0.17 of a point at 2,930.49, while the Nasdaq composite was up 27.61 points at 9,219.95.The July crude contract was up 99 cents at US$26.07 per barrel and the June natural gas contract was down a nickel at nearly US$1.78 per mmBTU.
The June gold contract was up US$15.40 at US$1,713.40 an ounce and the July copper contract was down about a penny at nearly US$2.37 a pound.
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Источник: nationalpost - 🏆 10. / 80 Прочитайте больше »
Why markets have disconnected from the economy, clean energy stocks prove resilient, and has Buffett been replaced as the world’s greatest capitalist?Why markets have disconnected from the economy, clean energy stocks prove resilient, and has Buffett been replaced as the world’s greatest capitalist? GlobeInvestor globeinvestor The people who drive the bulk of the investment money are not the bulk of the people. globeinvestor Yes, he was replaced when: he sold walmart stake, then sold airlines and finally when he called Bitcoin a non value asset. Bitcoin is being considered finally as a way to fight the printing machine of the FED and future inflation. globeinvestor A lot of trading is being done by algorithms - automated trading, black-box trading, or algo-trading as it is known. It makes no sense for markets to go up. Consumer spending will be the real benchmark as the economies around the world start to open up.
Источник: globeandmail - 🏆 5. / 92 Прочитайте больше »
Asian stocks follow Wall Street higher on recovery hopesAsian stock markets and U.S. futures rose Monday as investors looked past dismal American jobs and other data toward hopes for a global recovery from the coronavirus pandemic.
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