Monthly Archives: April 2020

(CNBC) Dow Jones Industrial Average futures fell 100 points, implying a Friday opening decline of about 169 points. S&P 500 and Nasdaq 100 futures also pointed to Friday opening losses for the two indexes. To read this article:

(Reuters) – New York Governor Andrew Cuomo on Thursday derided Senate Republican leader Mitch McConnell’s suggestion that states whose finances are depleted by the coronavirus epidemic could declare bankruptcy as a “really dumb” idea and warned that financial markets would […]

(Hedgeweek) Trend-following hedge fund strategies are maintaining their recent positive momentum, with Société Générale’s CTA indices broadly showing further gains in April as fresh turmoil in commodities markets underpin continuing market uncertainty. To read this article:

(Bloomberg) — It’s a fundamental characteristic of the rally that has restored $5 trillion of equity value in a month. As encouraging as the gains have been, they’re occurring in a market where people give every indication of being convinced […]

(Opalesque) Global VC investment in Q1 2020 dip quarter-over-quarter with US$61 billion raised, though five $1 billion+ mega-deals propped up total investment value, said a study. According to KPMG, the volume of global VC deals declined 27%, falling from 5,820 […]

(Opalesque) The fund searches and mandates issued by natural resources investors in Q1 2020 suggest a more cautious approach to the coming year, revealed Preqin in its Quarterly Update on Natural Resources. The majority (53%) of fund searches are for […]

(Opalesque) Since March 20, 2020, S&P Global Ratings has placed 252 U.S. collateralized loan obligation (CLO) tranche ratings on CreditWatch with negative implications, primarily due to the economic downturn associated with COVID-19 and the related social distancing measures that have […]

(CNBC) The Senate on Tuesday passed a $484 billion package to bolster small businesses and hospitals ravaged by the coronavirus pandemic and expand testing for Covid-19. After the unanimous Senate vote, the bill heads to the House, which aims to […]

(Reuters) – After a tough March, some hedge funds, emboldened by early signs of the coronavirus outbreak peaking in some of the biggest U.S. hot spots, have begun tentatively adding to risk. Worries over the economic hit from the virus […]

(CNBC) U.S. stock futures in early morning trade pointed to slight gains at the open on Wednesday, following recent weakness in markets aggravated by oil’s massive decline. Dow futures rose 18 points, indicating a gain of about 40 at the […]

(CNBC) Oil prices continued to plummet Wednesday as concerns over limp demand and limited remaining storage capacity lingered. In the afternoon of Asian trading hours, international benchmark Brent crude futures dropped 15.57% to $16.32 per barrel. Meanwhile, the June contract […]