European stocks were to snap a four-session winning streak on Friday, with bullish economic data overshadowed by lingering concerns about rising virus cases in the US. The Stoxx Europe 600 SXXP Index, -0.96% It fell 0.6% to 365.91, just after a gain of close to 2% on Thursday. For the …
Read More »Here’s why America’s struggles with the coronavirus could lead to Europe’s stock market taking the lead.
A growing number of prominent Wall Street institutions are making the prediction that 2020 will be the year for Europe’s stock market to overshadow its American counterpart as the coronavirus takes divergent paths across the two economic powers. Despite the United States struggling to curb the deadly COVID-19 disease, the …
Read More »European stocks fight for profit amid continued concerns over US virus
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%, …
Read More »The Dow is falling as consumer spending disappoints
Text size People wait in line in front of a New York City bank in late May. fake pictures Weaker-than-expected economic data, record coronavirus cases and an unfavorable result for banks in Thursday’s Federal Reserve stress tests left the market lower on Friday. The Dow Jones Industrial Average fell 534 …
Read More »The Dow is falling as consumer spending disappoints
Text size People wait in line in front of a New York City bank in late May. fake pictures Weaker-than-expected economic data, an increase in coronavirus cases and an unfavorable result for banks in Thursday’s Federal Reserve stress tests left the market lower on Friday. The Dow Jones Industrial Average …
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