SYDNEY (Reuters) – Asian stocks advance for a second straight session on Monday, backed by hopes of coronavirus, after the U.S. Food & Drug Administration (FDA) authorized the use of recovering patients’ blood plasma as a treatment option. FILE PHOTO: A man wearing a protective face mask follows the outbreak …
Read More »S&P 500, Nasdaq End on Records After Upbeat Business Investigations
(Reuters) – The S&P 500 and Nasdaq closed at record highs on Friday, with both lifted by Apple after data showed some strengths in the US economy. U.S. corporate activity snapped back to its highest level since early 2019 in August, according to IHS Markit surveys, as companies in both …
Read More »Tech stocks defend downbeat data as dollar, global stock retreats
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. FILE PHOTO: Signage is seen outside the …
Read More »Tech stocks defend downbeat data as dollar, global stock retreats
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 …
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