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Stocks trade flat as recession fears simmer, gold gains

A gauge of global equities traded little changed on Tuesday, pulled lower by sliding stocks on Wall Street as prospects of a U.S.-China trade deal remained uncertain and demand for U.S. Treasuries and precious metals rose on recession fears......»»

Category: topSource: reutersAug 27th, 2019

Investors see record-setting gold prices as the most overvalued in nearly 4 years amid dimming recession fears, BofA says

Surveyed investors are at their most bullish in two years, with 78% considering a global recession to be unlikely, BofA found. Caspar Benson/Getty Images Gold is the most overvalued it'.....»»

Category: worldSource: nytApr 17th, 2024

Metals Stocks: Gold prices pull back from February high as inflation fears percolate

Gold prices were seeing lackluster trade Tuesday morning, edging lower but mostly holding near the highest levels since February, amid selling of assets considered risky, including global stocks and oil......»»

Category: topSource: marketwatchMay 11th, 2021

Metals Stocks: Gold ends higher for a 2nd session in a row on economic weakness and signs of U.S.-China tensions

Gold futures end higher on Monday for a second session, finding support as global stocks decline amid fears of an escalation of tensions between the U.S. and China over the global outbreak of COVID-19......»»

Category: topSource: marketwatchMay 4th, 2020

Metals Stocks: Gold price up 2nd session on coronavirus-induced economic weakness and signs of U.S.-China tensions

Gold futures rise on Monday for a second session, finding support as global stocks decline amid fears of an escalation of tensions between the U.S. and China over the global outbreak of COVID-19......»»

Category: topSource: marketwatchMay 4th, 2020

Metals Stocks: Gold extends gains above $1,700 amid coronavirus-induced economic weakness and signs of U.S.-China tensions

Gold futures rise on Monday, finding support as global stocks decline amid fears of an escalation of tensions between the U.S. and China over the global outbreak of COVID-19......»»

Category: topSource: marketwatchMay 4th, 2020

Oil tumbles 7% as recession fears outweigh historic production cuts

REUTERS/Jim Urquhart Oil slumped further on Tuesday as historic production cuts that OPEC agreed to over the weekend were overshadowed by the coronavirus pandemic's impact on global demand. US West.....»»

Category: topSource: businessinsiderApr 14th, 2020

Crude mixed on output deal, recession fears; shares slip

Stocks on Wall Street slid on Monday over concerns of what the coronavirus pandemic will do to corporate earnings while crude prices were mixed as a global deal on record output cuts failed to quell doubts the pact would head off an oil glut......»»

Category: topSource: reutersApr 13th, 2020

Crude gains on output deal, shares slip on recession fears

Stocks on Wall Street slid while crude prices edged higher on Monday as a global deal on record output cuts failed to quell concerns on whether the pact is enough to head off an oil glut as the coronavirus pandemic hammers economies worldwide......»»

Category: topSource: reutersApr 13th, 2020

Millennials came limping out of the Great Recession with massive student debt and crippled finances. Here"s what the generation is up against if the coronavirus triggers another recession.

Getty Images; Samantha Lee/Business Insider The coronavirus pandemic has ignited fears of a global .....»»

Category: topSource: businessinsiderApr 8th, 2020

Oil rises as hopes build for global production cut

Oil prices clawed their way into positive territory on Tuesday as hopes that the world's biggest producers will agree to cut output outweighed analyst fears that a global recession in the wake of the coronavirus crisis could be deeper than expected......»»

Category: topSource: reutersApr 7th, 2020

Oil rises as Trump talks up Saudi-Russia truce, recession fears limit gains

Oil prices jumped 8% on Thursday after U.S. President Donald Trump said he expected Saudi Arabia and Russia to reach a deal soon to end their battle for market share but gains were capped by fears of a global recession due to the coronavirus......»»

Category: topSource: reutersApr 2nd, 2020

Billionaire Mark Cuban has a strong message for CEOs: Millennials and Gen Zers will send your brand "straight into the toilet" if you lay off employees during the pandemic

Jin S. Lee The novel coronavirus has tanked stock markets and sparked fears of a global recession. According to business magnate Mark Cuban, CEOs of large companies need to prioritize their employees d.....»»

Category: topSource: businessinsiderApr 1st, 2020

Why the global recession could last a long time

LONDON — The world is almost certainly ensnared in a devastating recession delivered by the coronavirus pandemic. Now, fears are growing that the downturn could be far more punishing and long last.....»»

Category: topSource: moneycentralApr 1st, 2020

"Light at the end of the tunnel": China"s factory activity jumps in March amid global recession fears

William Hong/Reuters China's manuf.....»»

Category: topSource: businessinsiderMar 31st, 2020

China and Italy just recorded catastrophic dips in hiring — and one chart shows the US isn"t far behind

REUTERS/Mike Segar Thousands of workers in the US were laid off or furloughed this past week amid fears of a recession and the global novel coronavirus pandemic.  At the same time, hiring has already b.....»»

Category: topSource: businessinsiderMar 25th, 2020

Gold-buying app sees 718% spike in volume as coronavirus volatility drives investors to havens

Gold buying apps, which allow customers to buy and use the precious metal for everyday spending, are seeing record volumes as customers flock to the safe haven currency amid violent market swings on fears of a global economic recession......»»

Category: topSource: marketwatchMar 24th, 2020

Could coronavirus lead to a global recession? Here are the signs to look out for

The coronavirus (COVID-19) is impacting the global economy and raising fears of a recession. What causes a recession.....»»

Category: topSource: usatodayMar 17th, 2020

Stocks crater as investors fear the global economy is headed for a virus-fueled recession

Stocks tumbled Monday as fears of a coronavirus-fueled recession grow and the Fed took emergency action to try to cushion the econom.....»»

Category: topSource: usatodayMar 16th, 2020

Oil slumps below $30 a barrel as coronavirus spreads, OPEC rancor remains elevated

Oil prices fell below $30 a barrel on Monday as the worldwide coronavirus outbreak worsened over the weekend, exacerbating fears that government lockdowns to contain the spread of the disease would spark a global recession......»»

Category: topSource: reutersMar 16th, 2020