Text size People wait in line in front of a New York City bank in late May. fake pictures Weaker-than-expected economic data, record coronavirus cases and an unfavorable result for banks in Thursday’s Federal Reserve stress tests left the market lower on Friday. The Dow Jones Industrial Average fell 534 …
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European stocks rose on Friday, but gains were tempered by a record rise in coronavirus cases in the US Earnings for German business software group SAP SE boosted the index, while Swedish retailer Hennes & Mauritz AB pulled in the other direction after reporting weak sales. The Stoxx Europe 600 …
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European markets advanced on Friday morning despite rising cases of coronavirus in the US and additional warnings about a second market crash from the International Monetary Fund (IMF). The pan-European Stoxx 600 rose 0.6% in initial trade, with tech stocks adding 1.2% to lead gains as all sectors and major …
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REUTERS / Michael Dalder Wirecard, one of Europe’s leading financial technology companies, is at the heart of one of the region’s largest corporate accounting scandals in recent years. The company’s shares have fallen more than 80% since it admitted that auditors were unable to track € 1.9 billion in their …
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European stocks opened lower on Wednesday due to an increase in US coronavirus cases. USA And beyond that, and regional outbreaks in Germany scared investors. The pan-European Stoxx 600 fell 1.5% during initial trade, with all sectors and major exchanges in negative territory. Car stocks, which were 2.3% lower, led …
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