U.S. government debt prices climbed higher Friday after falling on the backs of stronger weekly data Thursday. The yield on the benchmark 10-year Treasury note was lower at about 0.7012% in early trading, while the yield on the 30-year Treasury bond dropped to about 1.4135%. Bond yields fall as their …
Read More »coronavirus stimulants, faluta and oil
Asia-Pacific markets were mixed in early trading Friday as investors remained cautious after U.S. lawmakers were unable to move forward with a coronavirus ballot. Australia’s ASX 200 rose 0.24% immediately after the market opened, with the underweight with heavily weighted financials up 0.75%. Shares of major banks in the country …
Read More »Stock futures open flat as S&P 500 struggles to reach record highs of February
A jogger passes on June 17, 2020 for the New York Stock Exchange (NYSE) in New York. Michael Nagel | Bloomberg | Getty Images US stock futures were flat on Thursday night after the S&P 500 again failed to reach its record high in February. Dow Jones Industrial Futures were …
Read More »Applied materials, Baidu and more
Technicians work on machines at the Applied Materials facility in Santa Clara, California. David Paul Morris | Bloomberg | Getty Images Check out the companies that make headlines after the clock Thursday: Applied Materials – Shares of applied materials increased 1.2% in trading after hours on the back of fiscal …
Read More »The IEA warns that global oil demand will continue to shrink in 2020 and 2021, due to gloomy air travel
FATHI NASRI / Getty The International Energy Agency lowered its global forecasts for oil demand for 2020 and 2021 over expectations of a further decline in air travel. Although there has been a recovery in business and industrial activity, the agency has not shyed away from its estimate. The Paris-based …
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