GO Daily News

Overnight on Wall Street: Wednesday 22 April 2020
April 22, 2020

By Deepta Bolaky @DeeptaGOMarkets Equity Markets The stocks on Wall Street posted losses for a second straight day as sentiment was dented by the historic plunge in oil prices. In a nutshell, the storage capacity is the biggest driver of the coll...

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Overnight on Wall Street: Thursday 16 April 2020
April 16, 2020

By Deepta Bolaky  @DeeptaGOMarkets Equity Markets Risk sentiment turned sour on Wednesday as earnings results and economic data show the extent of economic damage. Investors are apprehensive of what lies ahead and until the pandemic is over or sh...

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Overnight on Wall Street: Wednesday 15 April 2020
April 15, 2020

By Deepta Bolaky  @DeeptaGOMarkets Equity Markets International Monetary Fund (IMF) has predicted in its 2020 World Economic Outlook that the economic impact of the COVID-19 pandemic is predicted to result in the “worst recession since the Grea...

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Overnight on Wall Street: Tuesday 14 April 2020
April 14, 2020

By Deepta Bolaky  @DeeptaGOMarkets Equity Markets Investors struggled to find a firm direction to kickoff the week amid Easter celebrations on Monday. On Sunday, Saudi Arabia and Russia ended the oil price war and agreed to make the biggest oil p...

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Overnight on Wall Street: Thursday 09 April 2020
April 9, 2020

By Deepta Bolaky  @DeeptaGOMarkets Equity Markets Wall Street extended gains after Bernie Saunders dropped out of the 2020 Presidential race to pave the way for Joe Biden. Investors consider Joe Biden, the former vice president under the Obama Ad...

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Overnight on Wall Street: Wednesday 08 April 2020
April 8, 2020

By Deepta Bolaky  @DeeptaGOMarkets Equity Markets The sentiment faltered on Wall Street as the United States reported its highest daily death tolls from the novel coronavirus and investors have scaled back the expectations of oil production cuts....

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Overnight on Wall Street: Tuesday 07 April 2020
April 7, 2020

By Deepta Bolaky  @DeeptaGOMarkets Equity Markets Global equities rebounded significantly on Monday buoyed by early signs that the virus cases and death toll in some epicentres are easing. Major equity indices surged the most in almost two weeks....

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Overnight on Wall Street: Thursday 02 April 2020
April 2, 2020

By Deepta Bolaky  @DeeptaGOMarkets Equity Markets Risk sentiment was dented by the number of cases and the death toll: Total deaths in the US rose above 4,000 A total number of cases in the US reached 211,408 with New York being the epice...

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Overnight on Wall Street: Wednesday 01 April 2020
April 1, 2020

By Deepta Bolaky  @DeeptaGOMarkets Equity Markets Overnight trading was mixed as investors were reflecting on how global equities suffered the worst quarter in more than a decade. The first quarter was marred by many crises – an unprecedented h...

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Overnight on Wall Street: Thursday 26 March 2020
March 26, 2020

By Deepta Bolaky  @DeeptaGOMarkets Equity Markets Risk sentiment is being driven by hopes that central bankers and governments will rescue the markets as long as needed. Investors are currently anticipating the bill approving one of the bigg...

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Overnight on Wall Street: Wednesday 25 March 2020
March 25, 2020

By Deepta Bolaky  @DeeptaGOMarkets Equity Markets The hopes of further stimulus, the Federal Reserve’s “infinite” QE program and unprecedented moves to get credit flowing in the economy have provided some support to the US stock market....

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Overnight on Wall Street: Tuesday 24 March 2020
March 24, 2020

By Deepta Bolaky  @DeeptaGOMarkets Equity Markets After a busy weekend digesting developments on the pandemic, investors were waiting for a breakthrough on the massive congressional spending package to combat the fallout from the coronavirus ...

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Overnight on Wall Street: Thursday 19/03/2020
March 19, 2020

By Deepta Bolaky  @DeeptaGOMarkets Equity Markets Wall Street witnessed another trading halt on Wall Street as the S&P500 fell by more than 7% as the world is slowing going into lockdown. The widespread of the virus and more stringent qua...

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Overnight on Wall Street: Wednesday 18/03/2020
March 18, 2020

By Deepta Bolaky  @DeeptaGOMarkets Equity Markets The ramping efforts by the Trump administration to seek around $1 trillion to tackle the economic impact from the coronavirus pandemic have brought some relief to a falling stock market. Give...

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Overnight on Wall Street: Tuesday 17/03/2020
March 17, 2020

By Deepta Bolaky  @DeeptaGOMarkets Equity Markets Another brutal open for the US markets on Monday. The major US equity benchmarks plunged at open causing a halt for 15 minutes triggered by a circuit breaker point which is the threshold impos...

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