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COVID-19 recession. On 20 February 2020, stock markets across the world suddenly crashed after growing instability due to the COVID-19 pandemic. It ended on 7 April 2020. Beginning on 13 May 2019, the yield curve on U.S. Treasury securities inverted, [ 1 ] and remained so until 11 October 2019, when it reverted to normal. [ 2 ]
The 2020 congressional insider trading scandal was a political scandal in the United States involving allegations that several members of the United States Senate violated the STOCK Act by selling stock at the start of the COVID-19 pandemic in the United States and just before a stock market crash on February 20, 2020, using knowledge given to them at a closed Senate meeting.
Hedge funds and large money managers usually invest with a focus on the long-term horizon and, therefore, short-lived dips or bumps on the charts usually don’t make them change their opinion ...
See also: 2020 Russia–Saudi Arabia oil price war. The COVID-19 pandemic and related confinement measures caused an unprecedented contraction in economic activity and a collapse in demand for oil and oil products. The result is one of the biggest price shocks the energy market experienced since the first oil shock of 1973.
Schlumberger (NYSE:SLB) has had a great run on the share market with its stock up by a significant 24% over the last...
While it is gearing up to be a relatively quiet Friday, investors will closely monitoring coronavirus-related developments and key earnings announcements from Kansas City Southern and Schlumberger.
Schlumberger maintains a 33-acre (13 ha) campus at the northeast corner of U.S. Highway 90A and Gillingham Lane in Sugar Land, Texas; as of 2017 Schlumberger is the third largest employer in the city. In 2015, Schlumberger announced that it was moving its U.S. corporate headquarters to the Sugar Land facility from its Houston office building.
U.S. stock futures slumped Friday as global markets plunged, ... Stock market news live updates: Wall Street rocked by new COVID variant fears, Dow plunges over 900 points ... While fears of COVID ...