Todays Markets

Bloomberg: Crypto’s 80% Plunge Is Now Worse Than the Dot-Com Crash
The Great Crypto Crash of 2018 looks more and more like one for the record books. As virtual currencies plumbed new depths on Wednesday, the MVIS CryptoCompare Digital Assets 10 Index extended its collapse from a January high to 80 percent.  [more...]

Bloomberg: Asian Stocks Snap Losing Run; Dollar Pares Losses: Markets Wrap
Asian equities advanced Thursday, putting them on track to end the longest losing streak in 16 years, after news of potential U.S.-China trade negotiations. The dollar pared a decline and China’s yuan held gains. [more...]

Bloomberg: Tech Decline Overrides U.S.-China Trade Optimism: Markets Wrap
U.S. stocks were mixed as a slump in technology and financial shares offset optimism that trade talks with China will resume before the Trump administration imposes another round of tariffs. Crude oil posted its best two-day increase since June. [more...]

Bloomberg: Wall Street's Alarm on Trade Spreads With Goldman's Bear Warning
While U.S. equity investors have kept their cool during this year’s escalation of trade tensions, the warnings from Wall Street are only getting louder. Goldman Sachs Group Inc. and JPMorgan Chase & Co. have weighed in, highlighting the potential danger to corporate America if a full-blown trade war erupts.  [more...]

Bloomberg: The `Hindenburg Omen' Is Stalking Near-Record U.S. Stock Market
Warnings from Wall Street are coming thick and fast as U.S. stocks sit near all-time highs. The latest, from Sundial Capital Research Inc., points to a (controversial) group of potentially bearish technical signals known as the Hindenburg Omen. [more...]

Bloomberg: Super Typhoon Prompts Philippine Evacuations, Hong Kong Braces
A powerful typhoon is expected to make a landfall in the Philippines’ main Luzon island on Saturday, prompting authorities to place 17 areas on alert and start evacuations. [more...]

Bloomberg: Rupee Surges Most in 18 Months as India Plans Steps to End Rout
India’s rupee rallied the most in 1 1/2 years and stocks recovered after an official said the government may announce measures to support the currency after a planned review of the economy by Prime Minister Narendra Modi this weekend. [more...]

Reuters: U.S. invites China to trade talks as tariffs loom
The Trump administration has invited Chinese officials to restart trade talks, the White House’s top economic adviser said, as Washington prepares to further escalate the U.S.-China trade war with tariffs on $200 billion worth of Chinese goods. [more...]

Reuters: Fed says it whipped U.S. unemployment, maybe too well
U.S. Federal Reserve officials tout a decade of falling unemployment as among their major victories in fighting the economic crisis of 2007 to 2009. [more...]

CNBC: ECB expected to stick to its policy stance amid steady inflation
The European Central Bank (ECB) is expected to stick to its policy stance at their upcoming meeting on Thursday as inflation does not seem to accelerate and growth remains solid. [more...]

CNBC: Apple raised iPhone prices overall, but one new model could entice those who sat out last year's X
On Wednesday, Apple did something clever with pricing on its new iPhones. It made the cutting-edge technology it introduced in last year's iPhone X available at a much lower price, which could help it sell more iPhones to people who sat out last year's high-end. [more...]