Text size Getty Images U.S. equities stand despite the lack of progress in efforts to negotiate another stimulus package and further data showing strengthening inflation. Shortly after the open, the Dow Jones Industrial Average averaged 263 points, or 1%, up 27,950. The S&P 500 also advanced 1%, while the Nasdaq …
Read More »The British economy suffered a setback in the second quarter
A woman in a protective face mask is waiting for clients at a souvenir shop in landmark Southbank – a cultural center of London, as the city encourages internal tourism after drastic shrinkage of Coronavirus international tourism shrank in London, England, 10 August 2020. Dominika Zarzycka / Zuma Press The …
Read More »Here’s how Goldman says the S&P 500 would respond to more US-China tariffs and why the November election result is important
Fresh hopes for another incentive package and signs that the spread of pandemic may be slow are set to boost shares on Tuesday. President Donald Trump signed executive orders over the weekend, postponing tax cuts and extending unemployment benefits, but investors hope talks on a larger rescue package would resume. …
Read More »European stocks and Dow futures rally in hopes of boosting US stimulus and virus trends
A staff member wearing a protective face mask at the Holiday Inn Whitechapel hotel, operated by InterContinental Hotels Group, is clearing a Perspex screen ahead of the reopening of the hotel for general bookings in London, England, on 3 July 2020. Chris Ratcliffe / Bloomberg News European stocks rose on …
Read More »Dow 250 points up midday, Nasdaq under pressure as investors expand rotation in cyclical stocks
Stock market benchmarks were mostly higher on Monday as investors checked signs that a long-awaited rotation on Wall Street could be extended into more growth-sensitive equities, at the expense of their high-growth counterparts. Investors also focused on President Donald Trump’s weekend of signing executive orders aimed at extending some elements …
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