Asian stock markets followed Wall Street higher on Thursday, as hopes of developing a coronavirus vaccine competed with concern over rising infections in the US. The Shanghai SHCOMP Composite Index, + 2.13% increased 0.7% and the Nikkei 225 NIK, + 0.11% in Tokyo added 0.6%. The Hang Seng HSI, + …
Read More »Why stock market strategists have never been more confused in June about year-end prospects for stocks
It has been the best and worst time for US equities benchmarks in the past two quarters, and that is perhaps the reason why Wall Street analysts face their most perplexing challenge yet. The Dow Jones Industrial Average DJIA, + 0.84% and the S&P 500 SPX, + 1.54% According to …
Read More »The Nasdaq is not only outperforming the Dow and S&P 500, but it is having one of its best first halves against its stock market peers.
The chasm between the Nasdaq Compound and its rival benchmarks in the first half of 2020 has been very similar between Olympic sprinter Usain Bolt and everyone else in the world. The tech-laden index has enjoyed a growing advantage between itself and the Dow Jones Industrial Average USA: DJIA and …
Read More »Oil prices rise a bit as industry weighs pandemic-related demand uncertainty
Oil futures rose cautiously on Monday, buoyed by some recovery in energy demand, even as COVID-19 cases exceed 10 million worldwide, raising the possibility of new closings in parts of the world. world to contain the spread. “As global demand recovers, the natural inclination for oil is to increase as …
Read More »Dow futures are on the rise to start the week shortened by holidays, even as global coronavirus cases exceed 10 million
US stock index futures on Monday signaled a slightly higher open even as data over the weekend highlighted the persistence of the coronavirus at hotspots, including Florida, Texas and California, fueling concerns about economic prospects. Financial markets in the US will be closed on Friday in compliance with the July …
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