US stock index futures on Monday signaled a slightly higher open even as data over the weekend highlighted the persistence of the coronavirus at hotspots, including Florida, Texas and California, fueling concerns about economic prospects. Financial markets in the US will be closed on Friday in compliance with the July …
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The grim milestones of 10 million global coronavirus cases and more than 500,000 deaths, along with spikes in various U.S. states, have not deterred investors on Monday. US stock futures were on the upside before the open, despite further indications that a second wave may be just around the corner. …
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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%, …
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Shares fell in Asia on Monday, tracking losses on Wall Street as rising virus cases cause some US states to backtrack on pandemic reopens. Nikkei 225 NIK from Japan, -2.29% sank 1.8% and the Hong Kong Hang Seng HSI Index, -1.23% fell 1.2%. The SHCOMP composed of Shanghai, -0.60% fell …
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The US economy may not fully return to normal until 2022, and the stock market is at risk of a correction later in the summer, a leading economic forecaster said on Friday. Christophe Barraud, chief economist and strategist at Market Securities in Paris, said the best case for the US …
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