European stocks struggled for direction when a new week began on Monday, and investor focus remained on rising US coronavirus infection rates. Yielding past gains, the Stoxx Europe 600 SXXP Index, -0.01% it held steady at 358.09, after a 1.9% drop last week. The German DAX + 0.40% rose 0.2%, …
Read More »Stocks hit two-week lows, oil slips on virus surge
LONDON (Reuters) – Global stocks hit two-week lows and oil fell nearly 2% on Monday, as the relentless spread of the coronavirus curbed optimism in the global economy, prompting investors to take refuge in bond stocks. refuge and gold. FILE PHOTO: A man wearing a protective face mask, after the …
Read More »Stocks hit two-week lows, oil slips on virus surge
LONDON (Reuters) – Global stocks hit two-week lows and oil fell nearly 2% on Monday, as the relentless spread of the coronavirus curbed optimism in the global economy, prompting investors to take refuge in bond stocks. refuge and gold. FILE PHOTO: A man wearing a protective face mask, after the …
Read More »GLOBAL MARKETS: Asian stocks are suspicious because coronavirus threatens economic reopening
* Asian Stock Markets: tmsnrt.rs/2zpUAr4 * Asia, ex-Japan down 4 months, S&P 500 futures holding steady * COVID-19 deaths reached half a million on Sunday * Dollar, bonds backed in a safe haven By Wayne Cole SYDNEY, Jun 29 (Reuters) – Asian equity markets started the week cautiously on Monday, …
Read More »Asian stocks cautious as coronavirus threatens economic reopening
SYDNEY (Reuters) – Asian equity markets started the week cautiously on Monday when the relentless spread of the coronavirus finally caused investors to question its optimism in the global economy, benefiting safe harbor bonds and the US dollar. FILE PHOTO: A man wearing a protective face mask, after the outbreak …
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