Apple’s new iPad Pro 2020 Apple announced a new iPad Pro and MacBook Air on Wednesday. The iPad Pro will ship in two sizes, including an 11-inch model and a 12.9-inch model, beginning next week. The 11-inch iPad Pro will start at $799 while the 12.9-inch model will start at $999. Apple’s new Magic Keyboard for … Read more
A sudden spike in mortgage rates caused an abrupt end to the recent refinance boom, pushing total mortgage application volume down 8.4% last week from the previous week, according to the Mortgage Bankers Association. The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($510,400 or less) increased to 3.74% from 3.47%, … Read more
Stock futures pointed to big losses on Wednesday as the markets remained highly volatile with the government response to the coronavirus fallout still unfolding. A violent reversal in Treasury yields in response to a potential $1 trillion stimulus package helped to unnerve investors. — RECOMMENDED — The “$500 Crypto Retirement Plan?” The #1 most-trusted person … Read more
I hope you and your loved ones are staying healthy and safe. What a crazy experience this has been, as we all learn to cope with a global pandemic and all of the ways our lives change because of it. Here at the Scheidt house, we’re helping the kids log on to “Google Classroom” so … Read more
Stocks have just had their worst selloff since 2008. What will happen next? No one knows… But according to Teeka Tiwari, here’s what we do know with 100% certainty: In roughly 50 days, a rare crypto market phenomenon is guaranteed to happen. (I repeat: THIS is 100% guaranteed to take place.) The last time this … Read more
Stock futures and premarket trading in exchange-traded funds pointed to a bounce on Tuesday following the Dow Jones Industrial average’s third-worst day ever. Coronavirus: Here’s what happens next Trading overnight, however, was very volatile with futures giving back more than 1,000 points as investors try to weigh the uncertain economic impact of the coronavirus outbreak. … Read more
Oil prices slid 10% on Monday as the acceleration in coronavirus cases worldwide, which is bringing travel and business to a standstill, further dents global demand for crude. U.S. West Texas Intermediate crude dropped $3.03, or 9.5%, to settle at $28.70 per barrel. Earlier in the session WTI fell to a session low of $28.03 per … Read more
Stock futures were down sharply on Monday even after the Federal Reserve embarked on a massive monetary stimulus campaign to curb slower economic growth amid the coronavirus outbreak. Stock market futures hit “limit down” levels of 5% lower, a move made by the CME futures exchange to reduce panic in markets. No prices can trade … Read more
Stocks soared Friday as Wall Street rebounded from the sharp losses suffered in the previous session — the worst since the “Black Monday” market crash in 1987. The Dow Jones Industrial Average closed 1,985 points higher, or 9.4%, at 23,185.62. Friday marked the Dow’s biggest-ever point gain. The S&P 500 climbed 9.2% to 2,711.02 while the Nasdaq … Read more
We are always interested in providing valuable insights on the financial markets to our readers. Below is a piece from our colleagues at Bonner & Partners about the incredible new device expected to power Apple’s newest iPhones. We know you will find it very interesting. September 22, 2020 is expected to be the biggest day … Read more