Wall Street steady as virus fears build; E*Trade surges on buyout deal

22 Février, 2020, 03:22 | Auteur: Auguste Feret
  • Stocks off to rough start as coronavirus cases climb

As a matter of fact, United States stocks kept rising following the last FOMC minutes when the Fed Chair Jerome Powell had been expressing a cautious optimism on holding the benchmark interest rate steady throughout this year, while fewer number of newer coronavirus cases had added to investors' optimisms further.

The Dow Jones Transportation Average rallied 44 points, or 0.4%, in afternoon trading Thursday, with 13 of 20 components gaining ground, to defy the selloff suffered by the broader market indexes.

Seven of the 11 primary S&P 500 sectors ended lower, with technology down 1.01 percent, leading the laggards. The Nasdaq Composite Index climbed 84.44 points, or 0.87 percent, to 9,817.18.

China reported a jump in new cases on Friday, while South Korea became the latest hot spot with 100 new cases and more than 80 people tested positive for the virus in Japan.

"The overlying question is the uncertainty over the coronavirus and whether it's going to spread further and impact global economic activity before things stabilize and ultimately get better", said Michael Sheldon, executive director and CIO at RDM Financial Group at Hightower in Westport, Connecticut.

NASDAQ measures a number of indices reflecting the reaction of USA's high tech markets and business environments on the country's political and economic developments which have an impact on high tech markets. "Thus, a near-term hit to corporate earnings now looks unavoidable". Data from the China Passenger Car Association showed auto sales plummeted by 92% in the first two weeks of February.

Irish PM Varadkar set to quit as parliament returns
Deputy Joe carey is commenting after the leaders of both his party and Fianna Fail agreed to meet next week for exploratory talks. Varadkar said he would stay on as caretaker leader after he tenders his resignation to Irish President Michael D.

First look at The Batman's new suit as filming begins in Glasgow
However, it is thought the man seen in a Batman costume was a stuntman, rather than the film's star Robert Pattinson . Production on Robert Pattinson's The Batman is now underway in Glasgow, Scotland, at the Glasgow Necropolis cemetery.

Via Rail effectue 1000 mises à pied temporaires — Crise ferroviaire
Via Rail indique que la reprise partielle du service entre Ottawa et Québec fait suite à un avis reçu du Canadien National.

US stocks fell further on Friday after data showed USA business activity in the manufacturing and services sectors stalled in February, as companies grew increasingly concerned about the coronavirus. Some U.S. companies, including Apple, have also warned this week about possible revenue headwinds due to the virus.

The risk-off sentiment drove up gold and bond prices, while falling Treasury yields hit shares of lenders, with the S&P banks index down 1.2%.

"This seems like a textbook defensive rotation", said Frank Rybinski, a macro strategist at Aegon Asset Management.

In economic data, USA initial jobless claims were unchanged at 210,000 for the week ended February 15, the Labor Department said.

"Markets had their first real "shot across the bow" in a few weeks time, with a sudden swift pullback to multi-day lows, which was severe enough to cause some rapid buying of volatility", said Mark Newton, a managing member at Newton Advisors. Dropbox soared more than 22% after posted a profit that topped estimates.


  • MI  vs. Rutgers basketball

    MI vs. Rutgers basketball

    On Saturday afternoon, MI will travel to West Lafayette, Indiana to take on Purdue (14-12, Big Ten 7-8) at 2:00 p.m. on ESPN. MI then plummeted out of the rankings altogether with a 4-8 stretch that ended with a four-game losing streak.
    Westworld saison 3 : HBO dévoile la nouvelle bande-annonce de la série

    Westworld saison 3 : HBO dévoile la nouvelle bande-annonce de la série

    Dolores est clairement en pleine vendetta et elle a l'intention de tuer tout le monde mais Maeve a pour mission de la tuer. Attendue pour le 16 mars sur OCS en France, cette saison 3 de Westworld s'annonce explosive et passionnante.
    Nebraska Basketball Previews Michigan State

    Nebraska Basketball Previews Michigan State

    Xavier Tillman, playing three days after his wife gave birth to the couple's second child, had 10 points and 11 rebounds. The Badgers had a rate of 0.611 (above their season average of 0.493), while the Cornhuskers posted a mark of 0.446.
  • Bruins acquire Ondrej Kase from Ducks for David Backes, 1st-round pick

    Kase has racked up 96 points in 198 National Hockey League games, across four injury plagued seasons. The 24-year-old was drafted in the seventh round (205th overall) by the Ducks at the 2014 NHL Draft.
    Michael Bloomberg says three women can be released from nondisclosure agreements

    Michael Bloomberg says three women can be released from nondisclosure agreements

    Bloomberg was attacked repeatedly this week in his debut debate for declining to release women from the nondisclosure agreements. Although he didn't mention Warren, he warned that "the real victor of the debate last night was Donald Trump".
    Montreal Canadiens, Pittsburgh Penguins exchange minor-league fowrards

    Montreal Canadiens, Pittsburgh Penguins exchange minor-league fowrards

    The 26-year-old has also suited up for nine games with the Canadiens this season, going pointless. The Penguins signed him as an undrafted free agent from Michigan Tech in March of 2019.
  • Damon Harrison wants to keep playing after Lions exit

    Damon Harrison wants to keep playing after Lions exit

    Six months later, the Lions are set to release the defensive tackle, according to multiple reports. The Giants traded Harrison to the Lions during the 2018 season, for a fifth-round pick.

    US Intel Officials Told Lawmakers Russia Interfering in 2020 Campaign

    When Trump fired Maguire, Democrats accused the president of trying to suppress critical intelligence information. At issue was an election briefing to House members last week by Shelby Pierson, the DNI's election security czar.
    Over 500 cases of coronavirus reported in Chinese prisons

    Over 500 cases of coronavirus reported in Chinese prisons

    Another 34 cases were found at Shilifeng Prison in Zhejiang Province, leading to the ouster of its director and another official. More than 18,260 people have been discharged from hospitals after successfully recovering.
  • Un doute sur l'avenir d'Icardi au club — Paris SG

    Un doute sur l'avenir d'Icardi au club — Paris SG

    Pour le moment Paris n'a pas levé l'option d'achat présente dans son contrat et ainsi verser 70M€ à l'Inter. Vivrons-nous à Milan ou Paris l'an prochain? Avec le football on ne peut jamais savoir.
    Mike Bloomberg trolls President Donald Trump’s golf game (among other things)

    Mike Bloomberg trolls President Donald Trump’s golf game (among other things)

    The ad is set to air starting Monday in states holding their nominating contests on "Super Tuesday", March 3. Other 2020 rivals and their campaigns are going hard after Mr.
    Harvey Weinstein jury keeps deliberating after suggesting hung on most serious counts

    Harvey Weinstein jury keeps deliberating after suggesting hung on most serious counts

    If they had unanimously found him guilty on counts one and three, however, he could have been sent to prison for life. Friday, which marked the fourth day of deliberations, had been set to end early at 3 p.m.


An AI developed a new antibiotic that could save the day
The researchers also plan to use their model to design new antibiotics and to optimize existing molecules. The scientists now intend to search more of the database.

Tua Tagovailoa says Cowboys would be his ideal landing spot
It's unlikely Tagovailoa falls beyond the seventh pick in the draft. I wouldn't mind learning under the type that is the headline.

Harry and Meghan to finish up Royal duties at end of March
The Sussexes will announce details of their new non-profit organisation later in the year, a spokeswoman for the couple said. A royal source with PEOPLE , meanwhile, expressed that Meghan and Harry are already aware and working to address this.

A split weekend of weather
High temperatures will be around 40 on Saturday and middle 40s for Sunday! Sunny and warm with light winds through the afternoon. Thursday - Snow showers likely. 7-Day Weather Forecast, brought to you by Ramada by Wyndham, Clarion, PA .

Bloomberg says 3 women can be released from NDAs
He is now polling in third place nationally, behind Sanders and former vice president Joe Biden. Denton said former Vice President Joe Biden, and Senator Elizabeth Warren also performed well.

Donald Trump critique l'Oscar du meilleur film au sud-coréen "Parasite"
Ou Boulevard du crépuscule? Le président a aussi lancé une pique contre Brad Pitt , meilleur acteur dans un second rôle, qu'il a qualifié de " petit prétentieux ".

Lightning acquire F Coleman from Devils
He's poured in 21 goals in 2019-20, one marker shy of the career high he established while playing 21 more games last season. The pick, which Tampa owned the rights to, will be a first-rounder in the 2020 draft if the Canucks make the playoffs.

Trump criticizes Parasite Best Picture Oscar win because it's South Korean
Neon , the US film production and distribution company backing " Parasite ", hit back at the president on Twitter . The capitalist satire also won awards for best director , best original screenplay and best worldwide film.

Alexandria Ocasio-Cortez Has a Plan to Transform the Democratic Party
Ramirez chief of staff David Sanchez told Mediaite what the Ocasio-Cortez endorsement means for the upstart campaign. One of the candidates, Kara Eastman in Nebraska, is running in the Democratic primary to challenge Republican Rep.

The Witcher Netflix Season Two cast confirmed, but not Vesemir
Production on The Witcher season two has started this month in the United Kingdom , with the launch planned in 2021. Like many of those stories, it's a rather corrupted fairy tale, a darker, bawdier take on " Beauty and the Beast ".