Stocks, currencies gain; U.S. jobs, OPEC meeting in focus
Still, markets haven’t yet seen the full extent of the pandemic’s economic toll. U.S. jobless claims due later in the day are expected to show near-record-level unemployment in the...
Global stocks turn negative as virus death toll mounts
COVID-19 hospitalisations seemed to be levelling off in New York state, but deaths across the United States jumped by a record of more than 1,800.
Meanwhile,...
Japanese stocks jump on signs of coronavirus slowdown
The benchmark Nikkei average gained 4.2% to 18,576.30, its highest close in nearly a week, tracking sharp gains in U.S. stock futures.
E-mini futures for the...
European stocks scrape out gains as surging oil prices offset virus woes
The pan-European STOXX 600 closed a volatile session 0.4% higher, recovering from a sink into negative territory.
The energy sector .SXEP was the biggest boost to...
Stocks give up meagre gains as virus anxiety prevails
E-Mini futures for the S&P 500 slumped 2.27% as dire predictions of more virus casualties in the United States weighed on sentiment.
MSCI’s broadest index of...
European shares retreat as coronavirus fears intensify
The pan-European STOXX 600 index was down 0.9%, with autos .SXAP, financials .SXFP and insurers .SXIP shedding between 1.2% and 2.3%.
The banking index .SX7P slumped...
Wall Street Week Ahead: Fund rebalancing could help buoy stock rebound
With the S&P 500 having lost around a third of its value in the recent selloff, investors may need to step up their equity purchases and sell bonds in...
Time to buy stocks again, market mavens say
The $2 trillion U.S. fiscal stimulus has triggered big gains in global stocks, sending investors rushing to dust-off models from the 2008 crisis to gauge the right time to...
European shares jump for second straight session on stimulus bump
The pan-European STOXX 600 index was up 4.2%, with energy .SXEP, autos .SXAP, insurers .SXIP and financials .SXFP jumping between 5.4% and 6.7%.
With an 8%...
Futures jump 3% as Fed launches aggressive credit boost
After already aggressively easing monetary policy this month, including sending interest rates to near zero, the central bank said it would now lend against student loans and credit card...
