European stocks were to snap a four-session winning streak on Friday, with bullish economic data overshadowed by lingering concerns about rising virus cases in the US. The Stoxx Europe 600 SXXP Index, -0.96% It fell 0.6% to 365.91, just after a gain of close to 2% on Thursday. For the …
Read More »GLOBAL MARKETS: Asian stocks hit 4-month high as recoveries from US and China accelerate
* Shanghai stocks hit 14-month high in service sector recovery * US payrolls jump 4.8 million, but obstacles remain ahead * Increased US COVID-19 cases threaten US recovery * Asian Stock Markets: tmsnrt.rs/2zpUAr4 By Hideyuki Sano TOKYO, Jul 3 (Reuters) – Asian stocks rose to a four-month high on Friday …
Read More »Global markets: COVID recovery vs. COVID reality
LONDON (Reuters) – Global stocks stagnated near a four-month high on Friday and the metallic copper industrialist dragged on its longest weekly winning streak in nearly three years as coronavirus nerves persisted in the recent recovery. FILE PHOTO: A street cleaning agent passes by the London Stock Exchange Group building …
Read More »European stocks could be ready for a comeback. Where investors can find signs of a recovery.
Europe has increased the stimulus, with countries like France launching larger-than-expected packages to boost the economy. Philippe Lopez / Getty Images Text size While the state of the Covid-19 pandemic in the US and China has been largely focused, Europe has quietly progressed. Policy makers have come together and worked …
Read More »Is the stock market closed today? These are the hours for the July 4th holiday.
Text size Yana Paskova / Getty Images After a first half of the year filled with vintage events, investors will have a much-needed break on Friday as most of the US markets will be closed to observe on July 4th. After the significant liquidation in March, the shares recovered some …
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