The discussion about whether the markets were at the top lasted an entire day, after Tuesday’s recovery put the bears back in their dens. Positive news about the vaccine could broadcast Wednesday’s session. Looking a little further are the strategists at Goldman Sachs, led by David Kostin. They estimate that …
Read More »
Tourists stroll through the center of Rovinj on the Istrian peninsula in the Adriatic Sea on July 4, 2020. Denis Lovrovic / Agence France-Presse / Getty Images European stocks rose Wednesday, and US equity futures also rose as investors accepted positive news about a candidate for the coronavirus vaccine. The …
Read More »
Posted: Jul 15, 2020 at 3:59 am ET European stocks rose Wednesday, and US equity futures also rose as investors accepted positive news about a candidate for the coronavirus vaccine. The Stoxx Europe 600 Index FXXP00 It was up 0.8% after a 0.8% loss on Tuesday. The index is barely …
Read More »
MARKETWATCH FRONT PAGE US stocks, as measured by the S&P 500 benchmark, hold firm against their European rivals, despite US coronavirus cases rising again and threatening economic recovery, while European countries seem to have the outbreak largely under control. See full story. Moderna Shares Increase 17% in News About Coronavirus …
Read More »
The American Petroleum Institute reported Tuesday night that U.S. crude supplies fell by 8.3 million barrels for the week ending July 10, according to sources. According to reports, API data also showed that gasoline stocks decreased by 3.6 million barrels, while distillate inventories increased by 3 million barrels. Meanwhile, crude …
Read More »