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U.S. Equity Markets slumped on concern that the Coronavirus that originated in China will take a heavy toll on corporate earnings. The US Dollar rallied while Gold climbed to a seven-year high as investors sought havens. Microsoft Corp., Apple Inc. and other big tech...
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Equity Markets advanced on signs that China may be planning further measures to support its economy as it reels from a virus-induced slowdown and after Federal Reserve officials signalled they are not anxious to raise Interest Rates anytime soon. Gains for chipmakers...
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Stocks slumped after Apple Inc.’s warning that sales will miss forecasts spooked investors who had hoped for a limited economic impact from the deadly Coronavirus that originated in China. Treasuries rose and the US Dollar strengthened. The S&P 500 Index fell...
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U.S. Equity Futures fell with Asian stocks and bond yields after Apple Inc. said quarterly sales would miss forecasts, illustrating the blow to corporate earnings and economic growth from the deadly coronavirus. Equity benchmarks in Tokyo, Seoul and Hong Kong saw...
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U.S. Equity Markets headed into the Holiday Weekend on a positive note after the release of steady if uninspiring figures for retail sales and as investors continued to weigh contrasting data from China on the spread of the coronavirus. Treasuries advanced. The...
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U.S. Equity Markets had a turbulent Thursday, fluctuating between gains and losses on mixed news about the Coronavirus outbreak, only to fade after the Federal Reserve Bank of New York said it will further shrink Repurchase Agreement Operations. The Fed news late in...
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