The New York Stock Exchange (NYSE) opened Monday’s trading with a mixed performance, with fears regarding the rising number of COVID-19 cases in the United States continuing to impact the market. The Dow Jones Industrial Average is currently down by 0.25%, while the S&P 500 is up by 0.27%. Meanwhile, …
Read More »Wall Street Set to Open Mixed
US stocks set to open mixed on negative headlines over the weekend about the spread of Covid-19. Cases continued to increase in Florida, reaching more than 10,000 new cases on Sunday, while Los Angeles Mayor said the city was “on the brink” of imposing new strict measures to prevent the …
Read More »Europe Stocks Lower Amid Confusion Over EU Summit
European stock markets fell on Monday, with disappointment stemming from evidence that Eurozone leaders are preparing to diminish agreement negotiations on the eurozone recovery fund to counter the pandemic, making it less effective than expected. The German DAX fell 0.4%, French CAC fell 0.6% and FTSE fell 0.8%. Five European …
Read More »Asian Shares Are Down Before The European Summit
Asian Shares were underperforming on Monday morning, with oil and copper weakening and the increase of Covid-19 cases driving the markets as they awaited Eurozone and US efforts to reach fiscal stimulus plans to combat the epidemic. MSCI’s broadest index of Asia-Pacific shares outside Japan fell 0.2%, erasing early gains …
Read More »NYSE Ends Week in Gains
The New York Stock Exchange (NYSE) saw a mixed performance on Friday, but recorded weekly gains despite the investors’ concerns as the number of COVID-19 cases across the US keep increasing. The Dow Jones Industrial Average settled lower for the second session in a row by 0.23%, narrowing its weekly …
Read More »European Stocks Record Weekly Gains
European stocks closed Friday on small gains, with anticipation for the results of the European Union’s (EU) summit, which is set to discuss the economic stimulus package to help the bloc’s troubled economies due to the COVID-19 crisis. The pan-European Stoxx 600 index increased by 0.15% to settle at 372.70, …
Read More »Wall Street Set to Open Higher
Key Wall Street indices are set to open higher on Friday, as investors optimistic about more official stimulus to push the post-epidemic economic recovery even with record numbers increasing in COVID-19 cases. Dow e-minis were up 157 points, or 0.59%. S&P 500 e-minis were up 21.5 points or 0.67% and …
Read More »Europe Stocks to Open Higher
European stock markets are set to open higher on Friday, amid hopes for additional stimulus to the region as Covid-19 continue to rise. The futures of the German DAX increased by 0.3%, the British FTSE 100 recorded 0.2% and the French CAC index increased by 0.1%. (06 GMT( European Union …
Read More »Asia Stocks Rebound
Asian stocks posted gains on Friday and US stocks futures also bounced, with increasing hopes for government spending around the world that will soften the impact of the pandemic with concerns about the increasing number of cases and the worsening tensions between Washington and Beijing. pan-European Euro Stoxx 50 futures, …
Read More »Trump to Remain on Twitter After Hack
The President of the United States, Donald Trump, will remain on Twitter, White House spokeswoman, Kayleigh McEnany told reporters on Thursday. This comes after Bitcoin scammers hacked earlier today a number of major accounts on the social media platform, including the accounts of Bill Gates, Barack Obama, and Elon Musk, …
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