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The domestic market for steel mesh-quality wire rod in Southern Europe moved up in the week to Wednesday January 27 on bullish offers from mills, but buying activity has slowed because of the scrap market downturn, sources have told Fastmarkets.
Trump Impeachment, Biden's $2 Trillion Plan, Alibaba, Delta - 5 Things You Must Know Thursday TheStreet 1/14/2021 Joseph Woelfel Here are five things you must know for Thursday, Jan. 14: 1. -- Stock Futures Rise Ahead of Biden's Spending Proposal Stock futures traded mostly higher Thursday and Treasury yields rose after a report said President-elect Joe Biden could unveil a Covid-19 relief package of about $2 trillion. Contracts linked to the Dow Jones Industrial Average rose 78 points, S&P 500 futures gained 4 points and Nasdaq futures fell 3 points. Biden's advisers recen...
The return of the Queen January 14, 2021SharePrint The Trump impeachment vote was overshadowed by momentous scenes at 0530 this morning in South Jakarta, as Queen Cricket returned to her palace. The unannounced royal trip, lasting two nights, led to frantic searches of the wider realm by her servants. Her feline highness announced her arrival loudly at the front door of the palace in the early hours. In other news, financial markets diverged once again overnight. US equities traced out a modestly positive day with technology outperforming as usual. US yields fell overnight after an excellent ...
Analyst Opinion of the Import / Export Price Situation Per the BLS: U.S. import prices advanced 0.9 percent in December, the U.S. Bureau of Labor Statistics reported today, following a 0.2-percent increase the previous month. Higher fuel and nonfuel prices both contributed to the December rise in import prices. Prices for U.S. exports also rose in December, advancing 1.1 percent, after increasing 0.7 percent in November. Note that: Coronavirus (COVID-19) Pandemic Impact on December 2020 Import and Export Price Index Data The Bureau of Labor Statistics did not make changes to either the colle...
Wall Street Set To Open Positive BRUSSELS/FRANKFURT/PARIS (dpa-AFX) - Investor optimism in the U.S. continues to be up on Tuesday morning, and the initial trend on the U.S. Futures Index suggests that Wall Street might open higher. Meanwhile, the spike in COVID-19 infections is worrying countries across Europe. The U.K., Canada along the U.S. has started the roll-out of vaccines. Asian shares finished lower, while European shares are trading down. As of 7.30 am ET, the Dow futures were adding 188.00 points, the S&P 500 futures were gaining 25.75 points and the Nasdaq 100 futures were up 75....