Shares in the Asia Pacific fell Thursday afternoon, after the International Monetary Fund cut its economic forecast again on Wednesday. South Korea’s Kospi led the losses among the region’s main markets as it fell 1.77%. In Japan, the Nikkei 225 fell 0.99%, while the Topix index dropped 1%. Shares in …
Read More »Stock futures remain stable after strong sell-off on Wall Street amid growing virus fears
A pedestrian passes in front of the New York Stock Exchange (NYSE) in New York, USA. USA, Wednesday June 3, 2020. Michael Nagle | Bloomberg | fake pictures Stock futures held steady Wednesday morning, following a sharp market sell-off caused by heightened concerns about the coronavirus resurgence. Dow Jones Industrial …
Read More »global economy to contract with slow coronavirus recovery
The Brazilian indigenous Anita, from the Marubo ethnic group, is notified that she contracted the new coronavirus by a member of the Brazilian Armed Forces medical team. EVARISTO SA The International Monetary Fund cut its economic forecasts once again on Wednesday and warned that public finances will deteriorate significantly as …
Read More »Stock futures drop after Nasdaq Composite hits new record
People walk through the New York Stock Exchange (NYSE) building during the Covid-19 pandemic in New York on May 26, 2020. Tayfun Coskun | Anadolu Agency | fake pictures Futures contracts linked to the main US stock indices. USA it slipped to the start of the Tuesday night session as …
Read More »Starbucks, Salesforce.com, Intuit, Peloton and more
Take a look at some of the most important engines on the previous market: IHS Markit (INFO): The provider of financial information and analysis reported quarterly earnings of 69 cents a share, 2 cents a share above estimates. Revenue was slightly below expectations as organic revenue fell 7%. The company …
Read More »