The holiday weekend has done nothing to stem the positive momentum in US stocks. Strong US employment data boosted investors on Thursday and futures are higher early Monday, implying a gain of 350 points for the DIA Jones Industrial Average DJIA, + 0.35% out in the open. But coronavirus cases …
Read More »Global stocks climb to four-week highs as investors bet on China’s recovery
LONDON (Reuters) – Global stock markets climbed to a four-week high on Monday as investors counted on a resurgence of Chinese activity to drive global growth, even as rising cases of coronavirus delayed the reopening of business in the United States. FILE PHOTO: The DAX chart of the German Stock …
Read More »GLOBAL MARKETS: Asian stocks rise as China’s blue chips climb their 5-year peak
* Asian Stock Markets: tmsnrt.rs/2zpUAr4 * China shares up nearly 5.5% * Europe and US futures point to greater openness * Weaker dollar and high liquidity that help stocks rise By Wayne Cole and Scott Murdoch SYDNEY / HONG KONG, July 6 (Reuters) – Asian stocks rose to four-month spikes …
Read More »GLOBAL MARKETS: Asia stocks rise as China’s blue chips hit 5-year peak
* Asian Stock Markets: tmsnrt.rs/2zpUAr4 * Asia’s highest ex-Japan shares since February, led by China * Some US states delay reopening as pandemic breaks out * Major coins with range limit, gold near highs By Wayne Cole SYDNEY, Jul 6 (Reuters) – Asian stocks climbed four-month spikes on Monday as …
Read More »Shares in Europe rise on economic optimism
European stocks rose on Monday as signs of economic progress offset concerns about growing cases of coronavirus in the US and India. Up to 2% last week, the Stoxx Europe 600 SXXP, + 1.39% up 1.6%. Shares of HSBC Holdings HSBA listed in London, + 5.31% and STAN standard chartered, …
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