LONDON (Reuters) – Stock markets rallied for a second straight session on Monday in hopes of treating coronavirus risk assets and the markets stepped up for the U.S. Federal Reserve’s annual meeting later this week. FILE PHOTO: The London Stock Exchange Group’s offices are on display in the City of …
Read More »Global stocks jump as investors hope for treatment of coronavirus
SYDNEY (Reuters) – Asian stocks advance for a second straight session on Monday, backed by hopes of coronavirus, after the U.S. Food & Drug Administration (FDA) authorized the use of recovering patients’ blood plasma as a treatment option. FILE PHOTO: A man wearing a protective face mask follows the outbreak …
Read More »Tech stocks defend downbeat data as dollar, global stock retreats
NEW YORK (Reuters) – The dollar weakened and global stock markets fell on Thursday, even as the tech-heavy NASDAQ index hit a record high and overlooked the growing signs of prolonged economic weakness. Gold rose also in a sign of buying safe haven. FILE PHOTO: Signage is seen outside the …
Read More »Tech stocks defend downbeat data as dollar, global stock retreats
NEW YORK (Reuters) – The dollar weakened and global stock markets fell on Thursday, even as the tech-heavy NASDAQ index hit a record high and overlooked the growing signs of prolonged economic weakness. Gold rose also in a sign of buying safe haven. A stock trader checks his screens at …
Read More »Record-breaking stocks are taking a height, data weighing on dollars
SINGAPORE / NEW YORK (Reuters) – Asia’s stock markets tied after Wall Street’s lead on Friday, but were set for their softest week in about a month as investors wrestled with sluggish economic data and airy ratings following a huge rally coronavirus loss. PHILO PHOTO: A man wearing a face …
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