NEW YORK (Reuters) – The dollar weakened and global stock markets fell on Thursday, even as the tech-heavy NASDAQ index hit a record high and overlooked the growing signs of prolonged economic weakness. Gold rose also in a sign of buying safe haven. A stock trader checks his screens at …
Read More »Record-breaking stocks are taking a height, data weighing on dollars
SINGAPORE / NEW YORK (Reuters) – Asia’s stock markets tied after Wall Street’s lead on Friday, but were set for their softest week in about a month as investors wrestled with sluggish economic data and airy ratings following a huge rally coronavirus loss. PHILO PHOTO: A man wearing a face …
Read More »Nasdaq closes high at present because strong sector compensates unemployed data
NEW YORK (Reuters) – Nasdaq ended at a record high on Thursday, with the S&P 500 and Dow also rising as gains in heavyweight tech stocks outweighed downbeat data showing the Federal Reserve’s view from a difficult path to economic recovery. Profits at Apple Inc. – the only publicly traded …
Read More »Oil and shares fall, dollars remain on signs of slower recovery from the US
NEW YORK (Reuters) – Oil markets and global stock markets fell and the dollar rose on Thursday as a poor reading of the U.S. labor market added to concerns that economic recovery in the United States could be slower than previously expected. FILE PHOTO: Signage is seen outside the entrance …
Read More »Oil and equities are falling as markets still rattled by Fed minutes
LONDON (Reuters) – The Federal Reserve’s doubts about the US economic recovery kept markets in the red on Thursday, even though European stock indices spent the morning recovering from initial losses. FILE PHOTO: Traders are pictured at their office for the DAX board on the stock exchange in Frankfurt, Germany …
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