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2 Articles
Source: Common Domain

Which markets are closed on Thanksgiving?

Tuesday 21:51 GMT

Unfortunately for the bond traders, who are off on Thanksgiving, they only have a 2 p.m. early close on Friday, as recommended by the Securities Industry and Financial Markets Association.

However, bulls have struggled to maintain that optimism on the Monday after Thanksgiving, which has been positive only 42% of the time with an average loss of 0.3% (see chart below):. Given the current momentum playing out in the market now, stocks aren’t likely to see much of an uptrend this Thanksgiving, though worries about trade and a sluggish economic expansion abroad has fueled appetite in the 10-year Treasury notes TMUBMUSD10Y, -0.92%  at 3.05%.

1 Article
Source: DW

German IG Metall shiftworkers choose more time over money

Tuesday 21:51 GMT

Shiftworkers from Germany's biggest union IG Metall have chosen to have an extra eight days off work, instead of a pay rise.

A group of IG Metall members has shown that their work-life balance is really important to them: shift workers have voted for more free time rather than more money.

1 Article
Source: The Guradian

Air pollution cuts two years off global average lifespan, says study

Tuesday 21:51 GMT

Air pollution cuts the average lifespan of people around the globe by almost two years, analysis shows, making it the single greatest threat to human health.

Other risks to human health have even smaller effects: dirty water and sanitation cut lifespan by seven months, and HIV/Aids by four months on average. The global average reduction in lifespan is 1.8 years – more than the 1.6 years that results from smoking tobacco.

1 Article
Source: Common Domain

Netflix’s ‘death cross’ is the third for FAANG stocks and Nasdaq Composite is next

Tuesday 21:51 GMT

Netflix Inc. stock has fallen far enough and long enough to produce its first “death cross” pattern in nearly three years, and become the third member of the former FAANG technology darlings to suffer that bearish technical fate.

If that’s not bad enough, shares of Facebook, Amazon, Netflix and Google parent Alphabet all closed Monday in bear markets—Alphabet entered a bear market on Monday for the first time in seven years—and Apple dipped briefly into bear-market territory intraday before bouncing back to close 19.9% below its record high.

1 Article
Source: Common Domain

Bearish momentum accelerates, S&P 500 ventures under major support

Tuesday 19:06 GMT

Against this backdrop, the S&P 500 has pulled in aggressively from well-defined resistance (2,742), a move placing major support (2,673) under siege.

The subsequent downturn places the S&P under the 200-day moving average (2,761) and the May peak (2,742) a familiar sticking point. Broadly speaking, the recent market downdrafts have registered as aggressive, and powerful in spots, while the intervening rally attempts remain comparably lackluster.

1 Article
Source: Common Domain

U.K. Home Sellers Respond to Brexit Fears, Drop Asking Prices

Tuesday 20:55 GMT

The average asking price of a newly listed U.K. home dropped in November by the largest margin in six years, down 1.7% from last month, according a monthly index from the country’s biggest property website.

The affluent commuter ring around London saw new asking prices drop 2.1% in November compared to October, while average asking prices in central London dropped 1.7% during that time—though the city usually sees more variability than the rest of the country, according to the report.

1 Article
Source: Global News

How much Canadians across the country plan to spend this holiday season

Tuesday 12:41 GMT

A recent survey done by Leger for the Retail Council of Canada (RCC) shows consumers plan to spend $675 on average on everything from gifts to travel to food and entertainment.

A majority of Canadians (65 per cent) say they have either an inflexible or at least somewhat firm holiday budget in mind.

1 Article
Source: Common Domain

Red flags credit scores reveal about a person that have nothing to do with money

Sunday 18:09 GMT

Similar credit scores are “highly predictive” of whether couples stay together, according to another 2015 paper by researchers at UCLA, the Brookings Institution and Federal Reserve Board, Washington, D.C. “Initial credit scores and match quality predict subsequent credit usage and financial distress, which in turn are correlated with relationship dissolution,” they wrote. “Credit scores reveal an individual’s relationship skill and level of commitment.”

1 Article
Source: Common Domain

Apple, bitcoin, oil... here are the scariest charts from this week’s market tumult

Monday 12:39 GMT

You probably don’t need a bunch of charts to tell you just how sketchy the stock market’s behavior has been of late, but we’ll give them to you anyway.

Though the stock is rebounding today, the selloff has knocked Apple’s market capitalization below $900 billion for the first time in about six months, and, as you can see from the chart below from Wednesday, shares have been dancing around bear market levels — a decline of 20% or more from bull-market highs — for the first time since August 2016.


“Four hostile newspapers are more to be feared than a thousand bayonets...” ― Napoléon Bonaparte