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Wall Street News
Wall Street notches biggest weekly loss since March as COVID-19 cases spiral
Sun, Nov 01, 2020
Wall Street's major averages pulled back considerably in the week as investors worried that soaring COVID-19 infections could slow down economic recovery.
US equities post modest weekly gains amid stimulus uncertainty, economic data
Sun, Oct 18, 2020
Wall Street's major averages eked out modest gains in the week as investors monitored updates about a US coronavirus stimulus bill, while poring through a batch of key economic data.
Wall Street finishes up as stimulus talks continue; S&P 500, Nasdaq register biggest weekly gains since July
Sat, Oct 10, 2020
The Dow Jones Industrial Average rose 161.39 points, or 0.57%, to 28,586.9, the S&P 500 gained 30.31 points, or 0.88%, to 3,477.14 and the Nasdaq Composite added 158.96 points, or 1.39%, to 11,579.94.
Wall Street loses ground as Trump's positive COVID-19 test adds to uncertainties
Sat, Oct 03, 2020
The S&P 500 was lower on Friday as news that U.S. President Donald Trump tested positive for COVID-19 put investors in a risk-off mood and added to mounting uncertainties surrounding the looming election.
Global Markets: Wall Street closes higher as tech rally squashes virus fears
Sat, Sep 26, 2020
Global Markets: Technology stocks again rode to Wall Street`s rescue on Friday, lifting the main indexes more than 1%, but the Dow and the S&P 500 still posted their longest weekly losing streaks in a year.
Wall Street closes up on tech rally despite mixed signs on economic rebound
Fri, Sep 25, 2020
Wall Street rallied in a rocky session on Thursday as beaten-down technology shares gained favor after data showing a surge in the sale of new homes revived faith in the economic recovery.
Global Markets: Asian stocks fall on concerns about fresh lockdowns, banking sector
Tue, Sep 22, 2020
Global Markets: Asian shares opened weaker on Tuesday on concerns about new pandemic lockdowns in Europe and after reports about financial institutions allegedly moving illicit funds hurt global banking stocks.
Wall Street Week ahead: Corporate debt frenzy rolls on as worries loom over markets
Sat, Sep 19, 2020
Wall Street Weekahead: Investors are gearing up for the year`s record-breaking pace of corporate bond issuance to continue in the coming week, even after the US Fed rattled nerves at its September meeting with a gloomier-than-expected economic outlook.
Wall Street Weekahead: Fed meeting in focus as stocks wobble and coronavirus bill stalls
Sat, Sep 12, 2020
Wall Street Weekahead: Investors are shifting their focus to the Federal Reserve’s monetary policy meeting next week as they seek cues following a recent technology-led US market sell-off.
Global Markets: Asian markets set for decline again as US tech stocks falter
Fri, Sep 11, 2020
The European Union told Britain on Thursday it should abandon a plan to break their divorce treaty, but Prime Minister Boris Johnson`s government refused and moved forward with a draft law that could sink four years of Brexit talks.
Global Markets: Asian markets seen firmer after Wall Street turns positive
Thu, Sep 10, 2020
Wall Street ended higher on Wednesday after investors ploughed into technology stocks, taking advantage of the recent dip. Stay-at-home companies such as Facebook Inc and Google-parent Alphabet Inc climbed, while electric-car maker Tesla Inc rebounded nearly 11% after suffering its biggest one-day percentage drop.
Global Markets: World shares rebound, try to shake off US tech rout scare
Tue, Sep 08, 2020
Tesla, the poster child of the euphoria in US big technology stocks with a year-to-date gain of a whopping 400%, looks set to fall after it was excluded from a group of companies that were being added to the S&P 500. It lost 6.5% in after-hours trade on Friday and fell 2.7% in Frankfurt on Monday.
Global Markets: Asian shares start cautiously amid elevated valuations, oil skids
Mon, Sep 07, 2020
World shares hit a record high last week as central bank stimulus drove asset valuations to heady levels. The rally cooled late last week as tech stocks sold off while worries over patchy economic recovery dogged investors.
Global Markets: US stocks fall as tech sell-off continues
Sat, Sep 05, 2020
Global Markets: US stocks finished lower after choppy trading as investors continued to rotate out of tech-related shares.
Global Markets: Tech powers S&P 500 to record closing high, Dow now positive for the year
Sat, Aug 29, 2020
Global Markets: Wall Street advanced on Friday, with technology stocks driving the S&P 500 to its sixth record closing high since confirming a bull market on August 18.
Global Markets: Asian shares set to dip as Fed's gloom snuffs out Wall Street cheer
Thu, Aug 20, 2020
Global Markets: Asian equities were set to follow Wall Street`s late session retreat on Thursday after the Federal Reserve warned the US economy faced a highly uncertain path to recovery from the coronavirus-induced downturn.
Global Markets: Stocks rally on new US highs, dollar at two-year low
Wed, Aug 19, 2020
Global Markets: Global equities rose on Tuesday as strong corporate results and accelerating US homebuilding lifted the S&P 500 past highs set before the coronavirus crushed world economies.
Global Markets: Asia shares set to follow Wall Street's tech-driven rally
Tue, Aug 18, 2020
Global Markets: Asian equities were poised to track Wall Street`s tech fueled rally on Tuesday that saw the Nasdaq benchmark hit a fresh record while oil prices perked up on Chinese demand and hopes Sino-U.S. trade tensions were easing.
Global Markets: US stocks end mixed after weaker-than-expected growth in retail sales
Sat, Aug 15, 2020
Dow Jones Industrial Average rose 34.30 points, or 0.12 per cent, to 27,931.02. The S&P 500 was down 0.58 points, or 0.02 per cent, to 3,372.85.
Global Markets: Dow, S&P 500 up; tech-related shares underperform value
Tue, Aug 11, 2020
Global Markets: The S&P 500 and Dow rose on Monday, as investors rotated into value stocks from heavyweight tech-related names while they awaited news on progress in a fiscal support bill for the country`s battered economy.