Monday, July 6, 2020
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A logo for Pfizer is displayed on a monitor on the floor at the New York Stock Exchange (NYSE) in New York, U.S., July

Wall Street shifts bets to big pharma as COVID-19 vaccine race progresses

Early signs of the shift came Wednesday, when positive data for one of Pfizer Inc’s COVID-19 vaccine candidates sent shares of the large U.S. drugmaker up more than 3%....
European shares picked up on Tuesday after a weak start, extending the optimism of the Asian session, and oil prices steadied as investors looked for signs of an economic recovery in the second half of 2020.

European shares pick up, dollar gains before quarter-end

The MSCI world equity index, which tracks shares in 49 countries, was up about 0.1% at 1056 GMT, after Asian shares rose on strong data from the U.S. housing...
Global equities were flat and perceived safe-haven assets like U.S. Treasuries and gold gained on Friday as investors weighed hopes that Europe will continue to rebound from the economic damage of the coronavirus pandemic against concerns about a record number of new COVID-19 infections in the United States.

Global stocks flat as U.S. virus concerns offset Europe rebound hopes

The euro zone is “probably past” the worst of the economic crisis caused by the pandemic, European Central Bank President Christine Lagarde said, while urging authorities to prepare for...
Traders wearing masks work, on the first day of in person trading since the closure during the outbreak of the coronavirus disease (COVID-19) on the floor at the New York Stock Exchange (NYSE) in New York, U.S.

Shares rise on economic recovery hopes, bonds dip

The dollar slid and the euro rose even as little progress was made on a 750 billion euro recovery fund at a European Union summit to discuss the stimulus...
Traders wearing masks work, on the first day of in person trading since the closure during the outbreak of the coronavirus disease (COVID-19) on the floor at the New York Stock Exchange (NYSE) in New York, U.S.

Futures fall as recovery rally pauses ahead of Fed meeting

Stocks in the travel industry including American Airlines Group Inc, United Airlines Holdings Inc, Alaska Air Group Inc and Marriott International Inc shed between 4.5% and 9.0% in premarket...
People walk past the London Stock Exchange Group offices in the City of London, Britain

Shares lose footing, oil marches on

The London, Frankfurt and Paris bourses and Wall Street futures were all 0.7%-1% lower in early trading, while the euro and pound both wilted as the dollar snapped a four-day losing streak.
European shares were flat on Wednesday after a downbeat session on Wall Street, as doubts over a potential COVID-19 vaccine fanned concerns about whether and how fast the world can successfully emerge from the coronavirus crisis.

European shares unchanged amid doubts over COVID-19 vaccine

Still, a boost from healthcare stocks .SXDP helped the pan-European STOXX 600 shed early losses, and the index was last trading flat. Wall Street fell more...
European shares bounced on Monday after their worst week in two months, as investors hoped for a gradual economic recovery with many countries easing coronavirus-led lockdowns.

European shares gain on oil boost as economies reopen

Energy majors Total SA, BP Plc and Royal Dutch Shell Plc rose nearly 6%, leading market gains as oil prices climbed by more than $1 a barrel, supported by...
Global equity benchmarks gained late on Thursday, with safe-haven bonds also rising as investors shrugged off disappointing U.S. jobs data and took comfort in the possibility of states re-opening after lockdowns and fueling an economic recovery.

Equities edge higher, bonds rise on hopes of stimulus

Stock markets have rallied more than 30% since their March lows following unprecedented government stimulus measures and central bank interventions to counter the impact of economic lockdowns. Federal Reserve...
European shares closed higher on Thursday as a surprise rise in China’s exports suggested some resilience in global demand, while a batch of mostly strong earnings also provided cheer.

European stocks lifted by Chinese export data, strong earnings

The pan-European STOXX 600 ended up 1.1%, led by gains in retail .SXRP, basic resources .SXPP and financial services .SXFP. ArcelorMittal, the world’s largest steelmaker, jumped...