Stock Market News: U.S. Stocks Fall After Second Coronavirus Case Emerges

Stock Market News — The S&P 500 erased early gains and fell 0.6 per cent around lunchtime in New York. The Nasdaq Composite, which had registered an intraday record high in morning trade, was down 0.5 per cent even as upbeat earnings from Intel — which surged to its highest level since September 2000 — lifted chipmakers. The Dow also lost 0.5 per cent.

The declines followed a rise in European stocks as investors appeared to brush off concerns over the market impact of coronavirus, while there were fresh signs of life in the German economy.

The Stoxx Europe 600 rose 0.9 per cent, down from session highs but snapping four days of losses as major bourses from London to Frankfurt climbed higher. The euro dipped, falling 0.2 per cent against the dollar, after survey data showed business activity in the eurozone remained unexpectedly weak in January.

Still, activity in Germany, the eurozone’s largest economy, beat expectations. That pushed the Dax 1.4 per cent higher for its best day in more than three months.

Investors had few cues from the Asian session, where Chinese markets were closed for the lunar new year holiday. Hong Kong’s Hang Seng rose 0.2 per cent in its half-day of trading, but has still lost nearly 4 per cent this week as concerns over the outbreak of virus have weighed on investor sentiment.

The World Health Organization on Thursday held back from declaring a global emergency over the outbreak, but said its panel was split “almost 50:50”.

Paul Donovan, a strategist at UBS, said structural changes to the nature of the global economy make it hard to draw a clear analysis from events so far.

“There may be a further shift to online retail sales, limiting the damage to the consumer,” he said. But, he added “the rise of fake news on social media may spread fear faster and wider.”

The outbreak has prompted S&P Global Ratings, the credit rating agency, to warn that if the situation worsened considerably the disease could knock 1.2 percentage points off China’s economic growth this year.

Sterling fell 0.4 per cent after upbeat UK PMI data failed to convince investors that the Bank of England will hold off cutting interest rates next week. The meeting is now on a knife-edge, with traders pricing in a 48 per cent chance of a rate cut to 0.5 per cent, prices in swaps markets show.

In the US, a majority of investors are betting the Federal Reserve will maintain its pause on interest rates after three cuts last year.




Stock Market: World Economy Going Through Longest Period of Falling Trade Since 2009

Stock Market — The downturn in global trade dragged on at the end of last year, marking the longest period of contraction since the end of the financial crisis.

The volume of goods trade dropped 0.6 per cent in November compared to the previous month, and was down 1.1 per cent compared to the same month in 2018, according to a closely watched world trade monitor from the Netherlands Bureau for Economic Policy Analysis (CPB).

November marked the sixth consecutive month of year-on-year contraction, the longest period of falling trade since 2009 and a sharp reversal from the 3.4 per cent expansion in November 2018.

The rate of contraction slowed in November, however, down from a 2 per cent pace in October, which was the steepest fall in a decade.

The annual contraction in trade- which is the value of exports and imports adjusted for price changes — was geographically broad-based with the eurozone, emerging Asia, the US and Latin America all reporting falling trade volumes.

However, trade was up over the previous month in emerging Asia, while the downturn became more severe in the eurozone where trade volumes dropped 1.7 per cent compared to October.

The data confirm surveys released earlier this month that showed a deterioration in global trade running until the end of the year. The exports order component of the JPMorgan Global purchasing manager index remained in negative territory in November and December, although up from September’s reading.

“International trade remains the main drag on efforts to lift growth further, so any moves that reduce tensions and barriers on this front will be especially beneficial.” Olya Borichevska, from Global Economic Research at JPMorgan.

Economists expect trade data to improve in early 2020, reflecting the signing of the US-China phase one trade deal earlier this month, as well as improving conditions in emerging economies such as Turkey. But a strong recovery is not on the cards yet.

“We think a recovery in world trade will be very modest, despite the pause in US-China hostilities” said Adam Slater, chief economist at Oxford Economics.

“World trade growth at this pace is less than half its long-term average.”







How To Make Money Online { 2020 }


Internet offers many opportunities to make a lot of money. Whether you’re looking to make some fast cash, or you’re after long-term, more sustainable income-producing results, there are certainly ways you can make money online today. The truth is that making money online isn’t as difficsult as most make it out to seem.





However, if you’re looking for realistic ways to make money now, then it really truly does boil down to 11 paths you can take towards profit. Some will provide you with immediate results, helping you to address your basic monthly necessities, while others have the potential to transform your life by revolutionizing your finances in the long term…



  • 1. Make Money as a Life Coach

LIFE

Money Invested: $45 | Time Invested: 110 Hours | Money Earned (30 days): $879

How To Make Money as Life Coach: Life coaching is the process of helping people identify and achieve personal goals through developing skills and attitudes that lead to self-empowerment. Life coaching general deals with issues such as work-life balance and career changes, and often occurs outside the workplace setting. Learn More …



Affiliate

Money Invested: $1,300 | Time Invested: 72 Hours | Money Earned (30 days): $7,742

How To Make Money In Affiliate Marketing: Affiliate marketing is the process of earning a commission by promoting other people’s (or company’s) products. You find a product you like, promote it to others and earn a piece of the profit for each sale that you make. Learn More …



  • 3. Make Extra Money Online Simply By Sharing Your Opinions

opinion

Money Invested: $1 | Time Invested: 46 Hours | Money Earned (30 days): $329

How To Make Money by Sharing Your Opinion: A Review ( Opinion ) is an evaluation of a publication, service, or company such as a movie, video game, musical composition, book; a piece of hardware like a car, home appliance, or computer; or an event or performance, such as a live music concert, play, musical theater show, dance show, or art exhibition. Learn More …



  • 4. Make Money With an Online Drop Shipping Business

drop

Money Invested: $75 | Time Invested: 144 Hours | Money Earned (30 days): $1,915

How To Make Money With an Online Drop Shipping Business: Drop shipping is a business model where you send your customers’ orders to a manufacturer or wholesaler, and they send the products directly to your customer. Learn More …



  • 5. Write an Ebook and sell it on Amazon

write-publish-ebook-today

Money Invested: $55 | Time Invested: 108 Hours | Money Earned (30 days): $973

How to Make Money Selling Ebooks Online: Do you want to learn how to make an ebook from beginning to end?… Writing ebooks is one of the easiest way to earn money. You work on your own time, and when you finish the book – you will make money from it over and over again…for a very long time!. Learn More …



  • 6. Make Money on Twitter

Twitt22

Money Invested: $25 | Time Invested: 52 Hours | Money Earned (30 days): $494

How to Make Money on Twitter: Twitter is an American online microblogging and social networking service on which users post and interact with messages known as “tweets”. Selling advertising, sponsored links, and affiliate marketing. Here are a few programs that can help you make money on Twitter. Learn More …



become-domain-reseller

Money Invested: $55 | Time Invested: 110 Hours | Money Earned (30 days): $1,514

How To Make Money Selling Domain Names: Domain name is like a land on the Web. You can use domains in a variety of ways to make money. Domains increase value over time, especially if they have some commercial value. You can buy a domain name at low price and then sell it high priceLearn More …



best-broker-stock-market

Money Invested: $300 | Time Invested: 72 Hours | Money Earned (30 days): $3,177

How To Make Money in Stock Trading: Investing in the stock market can be a great way to have your money make money… Stock trading is not a risk-free activity, and some losses are inevitable. However, with substantial research and investments in the right companies, stock trading can potentially be very profitable. Learn More …


  • 9. Make Money With Your Photos

makemoneyphotos

Money Invested: $1 | Time Invested: 74 Hours | Money Earned (30 days): $374

How To Earn Money Selling Photos Online: Who wouldn’t want to earn money by selling their photos online? … Did you know thousands of photographers are making hundreds even thousands of dollars every day just by selling their photos online?… In fact every month millions of photos are bought online which is used for websites, magazines, blogs, print ads, marketing materials and many more. Learn More …



superstockdisney

Money Invested: $1 | Time Invested: 60 Hours | Money Earned (30 days): $245

How To Make Money on Youtube: You’ve probably heard stories about regular people earning money on YouTube and thought, “Hey, I can do this too!”. Earning with YouTube is easy, but making big money with the platform can be a challenge. Learn More …



  • 11. Make Money Testing Apps

55Apps

Money Invested: $20 | Time Invested: 44 Hours | Money Earned (30 days): $197

How To Make Money Testing Apps: Testing Apps is a great way to earn extra money but it won’t make you rich. The number of opportunities you receive will depend on a number of factors, such as your demographics and your quality rating. Learn More …




 

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.