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Global markets were down Friday, tracking Wall Street's overnight losses. The dollar continued to fall, on track for the biggest weekly decline since 1985, and oil remained near 4-1/2 year lows.
Global markets look set to remain volatile until year-end, as the dollar reverses several months of gains and hits a 2-1/2 month low against the euro, and as oil falls to the $40-a-barrel level despite OPEC's historic supply cut.
Global markets had mild gains Wednesday after the Federal Reserve cut rates to a range of zero and 0.25 percent, as many anticipated. Experts told CNBC that recent market volatility will continue for some time.
Remember oil prices fell 25% in the week after the Nov. 29 sideline meeting OPEC members held in Cairowhere they decided not to really do anything and the market had been waiting for some kind of announcement. That took prices from $56 to $40/barrel.
Investors were cautious on stocks but sold the dollar Tuesday ahead of the Federal Reserve's rate decision. Experts interviewed by CNBC see safe havens like gold and the greenback losing their appeal.
A Chinese-made electric car, backed by Warren Buffett, has been officially introduced to the retail market in that country. The plug-in was scheduled to be sold in the U.S. and Europe starting in 2010, but Reuters quotes BYD Chairman Wang Chuan Fu as telling reporters those plans have been delayed one year to 2011.
The Federal Reserve will again lower interest rates on Tuesday to fight the deepest recession the U.S. has known in years, and may also announce some "unconventional" measures.
The dollar dived to a 13-year low against the yen on Friday after the U.S. Senate failed to agree a bailout for U.S. automakers, raising the prospect Japanese authorities may intervene to stem the yen's rise.
Global markets were wobbly Thursday, hurt by uncertainty over a $14 billion rescue plan for U.S. automakers. In the midst of the increased market volatility, experts interviewed by CNBC advise investors to stay cautious and diversified to survive the bear market.
Murky signs: Markets had rallied Wednesday morning on the belief that an auto industry bailout was all but certain. But some GOP legislators are opposing the White House deal with congressional Democrats. A top analyst sees financials in critical condition until 2010, but a peer says he's been buying bank stocks and socking them away. And a CNBC guest said commodities are going to lead a 50% S&P rally.
Hopes that governments worldwide will aid ailing industries and implement stimulus measures to fight against a deepening economic crisis lifted Asian stocks Wednesday. Experts tell CNBC an end is near for the economic gloom.
Following are today's biggest winners and losers, including GE, Intel, Disney and more.
Our aim was to attempt to study market trajectory in the presence of twice as many advancing issues compared to declining issues (and vice-versa) for 10 consecutive trading days.
Monday's market rally was short-lived with Asian stocks making humble gains while European stocks fell Tuesday. In the midst of the market volatility, experts tell investors to tread carefully around the rallies but that there are some signs of a market bottom.
Not quite, Cramer says. Here's your guide to trading this market.
Global stocks started the week in the green, with the Hang Seng index closing over 8 percent higher, on investors' optimism over a possible U.S. automakers bailout. CNBC's experts deem this rally to be a big one and for investors to get off the sidelines and get back into stocks.
Crude oil prices are now mired well below $50 per barrel, and they look to be heading lower still. While some of the price pressures are obvious, there is one that may be less so: hedge fund liquidations.
Global markets were mixed Friday ahead of the November nonfarm payrolls data out in the U.S. Crude fell almost 7 percent overnight as market volatility persisted. Analysts interviewed by CNBC give their views on where to invest.
Despite the unexpected drawback in U.S. crude inventories, oil prices continued their fall Thursday, to below $46 a barrel, near four-year lows, as economic fears deepened. As the downturn persists, analysts interviewed by CNBC suggest oil could fall to $20 a barrel.
As markets continued their volatile trade Wednesday, low-risk assets like U.S. Treasuries retained their luster, despite offering the lowest yields in decades. Betting on credit may offer better returns than stocks, some analysts say.