US stocks fell earlier Wednesday, after a second consecutive record close for the Nasdaq Compound, as investors worried about rising coronavirus cases in many states and trade tensions between the United States and Europe. How are the benchmarks working? The Dow Jones Industrial Average DJIA, -1.37% it dropped 222 points, …
Read More »Why gold can continue to rise as long as US stocks do
The Nasdaq COMP, heavy on technology, + 0.74% continues to set new records, and gold is GC00, + 0.54% on a streak, closing at its highest level since 2012. That’s not the typical correlation, but these are not typical times. Chris Weston, head of research at Australian broker Pepperstone, says …
Read More »European stocks are in the red as investors worry about rising Covid-19 infections in the US. USA
European stocks fell on Wednesday as markets struggled to gain traction against a backdrop of rising US coronavirus cases. USA Tech stocks were a bright spot after a record session for the Nasdaq Composite. The Stoxx Europe 600 SXXP Index, -1.39% It fell 1.2% to 362.99, after a 1.3% gain …
Read More »Foreign companies buy more China despite tensions with the United States
A pedestrian with a protective mask walks through the Lujiazui financial district in Shanghai, China on Friday March 20, 2020. Qilai Shen | Bloomberg | fake pictures As global uncertainty increases, more foreign companies are buying into China, including deals in the most sensitive finance and technology industries. “In the …
Read More »For the first time, most shareholders push oil giant Chevron to align with the Paris climate pact
Proposals by Climate Action 100+ investor signatories calling on major oil and power companies to disclose lobbying and improve governance on climate change garnered record support during the last season of shareholder representation. In particular, a majority of 53% of the shareholders of Chevron Corp. CVX, -0.16% voted in favor …
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