Wall Street
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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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