Market decline

Opinion: What January’s market decline means for stock returns in 2021

Move over, January: At least two more months are more predictive of stock returns than you are. January has a reputation for being able to forecast the direction of the US market over the next 11 months of the year. This presumed ability is known as “January Predictor” and “January Barometer”. You will see a […]

Market price

Spain awards below-market clean energy capacity in oversubscribed auction, Energy News, ET EnergyWorld

MADRID: Spain has chosen 32 bidders out of 84 candidates to provide more than 3 gigawatts (GW) of renewable energy in projects that will generate more than 2 billion euros in investments, its energy ministry announced on Tuesday and the Environment. At the country’s first clean energy auction since 2017, local electricity group Naturgy was […]

Market price

Elon Musk raises pre-market price of Etsy shares by more than 18% – Quartz

Elon Musk restarted market activity after an early morning tweet. Musk’s tweets about an Etsy purchase for his dog caused his stock to rise 18%, which climbed to $ 227.40 shortly after 9 a.m. EST. United today. There was also an immediate increase in trading volume for the e-commerce platform, which sells crafts, housewares, and […]

Market price

Fuel subsidy returns as free market price of gasoline reaches N183 per liter | The Guardian Nigeria News

The government pays N1.1b daily on local consumptionThe increase in the price of crude oil on the international market has pushed the price of the landing cost of the Premium Motor Spirit (PMS) to 160 N per liter. The Guardian learned yesterday in Abuja that while the cost of landing was N160 yesterday (Thursday) morning, […]

Market decline

Media and tech stocks tumble amid a general decline in the US market

UPDATED: On the first trading day of 2021, shares of many large media and technology companies fell as investors assessed the economic impact of the ongoing COVID-19 pandemic and political uncertainty in the United States. The Dow Jones Industrial Average closed down 1.25% on Monday, losing 382.59 points to 30,223.89 – recovering somewhat after falling […]