TOKYO (Reuters) – Oil prices fell on Monday amid concerns that a recovery in fuel demand could be affected by an increase in the rate of coronavirus infections worldwide. FILE PHOTO: Bomb jacks are seen during sunset at Daqing Oil Field in Heilongjiang Province, China, August 22, 2019. REUTERS / …
Read More »Asian stocks rise, euro peaks in four months on progress of EU talks
SYDNEY (Reuters) – Asian stocks posted gains on Monday and the euro rose to four-month highs as EU leaders seemed to move ahead after three days of haggling over a plan to revive their economies, even as cases of coronaviruses increased in many countries. FILE PHOTO: A man in a …
Read More »Asian stocks rise, euro peaks in four months on progress of EU talks
SYDNEY (Reuters) – Asian stocks posted gains on Monday and the euro rose to four-month highs as EU leaders seemed to move ahead after three days of haggling over a plan to revive their economies, even as cases of coronaviruses increased in many countries. FILE PHOTO: A man in a …
Read More »Wall Street to open higher on optimism about economic recovery
(Reuters) – Major Wall Street indexes would open higher on Friday as investors bet on further official stimulus to fuel a post-pandemic economic revival, even as the COVID-19 cases saw yet another record increase in the country. FILE PHOTO: Traders Wear Masks While Working on the Floor of the New …
Read More »Wall Street waves, led by energy and materials
(Reuters) – Wall Street rose on Tuesday, with the Dow Jones Industrial Average finishing more than 2% higher when investors bought energy and materials stocks and looked beyond a recent surge in coronavirus cases. In widespread trade, Moderna Inc increased 18% after the biotech company’s experimental vaccine for COVID-19 showed …
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