U.S. Stock futures on Monday rose above optimism that talk of additional monetary stimulus is in progress and that the rollout of the Covid-19 vaccine could help stem the tide. Futures linked to the S&P 500 rose 0.7%, indicating that the broad-market index could reach a higher level after New …
Read More »The future of London Finance at stake in the Brexit fight
Brexit trade negotiations are under the wire this week. Even if the UK and the EU make an agreement, it will not cover Britain’s most valuable industry, and the one introduced by the EU: money. This has put an end to the plan to grab land between the group of …
Read More »U.S. The global outlook is sharpening as consumer imports reach pre-epidemic levels
WASHINGTON – The U.S. recorded its largest monthly trade deficit since August 2006 as consumer goods imports returned to pre-epidemic levels, adding evidence of a reversal in global trade. U.S. The trade deficit widened by 5.9% to 1 1.1 billion since July, the widest gap since August 2006, the Commerce …
Read More »U.S. Sets export restrictions on China’s top chip maker
Department of Commerce Computer-chip companies have been told that they must obtain a license before exporting some of the technology to China’s largest semiconductor manufacturer, which is a blow to China’s efforts to compete in advanced technology. The department made the requirement in a letter to the computer-chip industry on …
Read More »Dow, S&P extends earnings to second consecutive session, Nasdaq records new closing record as Apple hits new record
US stock indices USA They closed higher on Tuesday, with the Nasdaq Composite reserving another record close, helped by improving economic data and optimism on Wall Street about US capacity. USA To respond to the growing cases of COVID-19. Technology and consumer-oriented stocks led the recovery, with Apple posting a …
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