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 …
Read More »Oil stocks and increases despite growing cases of coronavirus
LONDON (Reuters) – Markets showed signs of optimism on Friday, with the opening of European stocks and rising oil prices despite a record number of new COVID-19 infections in the United States. FILE PHOTO: A man in a protective face mask walks past the London Stock Exchange Group building in …
Read More »Global stocks rise more, but virus fears keep optimism under control
SINGAPORE (Reuters) – Asian stock markets rose on Friday but are set to end a hectic week with only slight gains as rising coronavirus infections cast a shadow over encouraging economic data and verified hopes for a rapid global recovery. . FILE PHOTO: A man wearing a protective face mask, …
Read More »STOCKS-US Futures Fall Sharp in Virus Cases, High Unemployment Claims
(To get a live blog on the US stock market, click or type LIVE / in a news window.) * Disney slips when theme parks reopen * Boeing slows after Berenberg downgrade * Futures down: Dow 0.86%, S&P 0.69%, Nasdaq 0.18% (Add comments, details; update prices) By Medha Singh and …
Read More »The IMF warns markets that they are at risk of being corrected after the escalation
FILE PHOTO: Traders Wear Masks While Working on the Floor of the New York Stock Exchange as the Outbreak of Coronavirus Disease (COVID-19) Continues in the Manhattan District of New York, USA, May 28 2020. REUTERS / Lucas Jackson / File Photo (Reuters) – Stock markets and other risky assets …
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