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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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U.S. Equities closed at record highs on Wednesday as optimism grew that the global economy can recover from the impact of the coronavirus amid signs the spread of the illness is slowing. Crude rallied and Treasuries fell. The S&P 500 Index gained for the third...
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U.S. Equity Markets fought off a late-session swoon to close at fresh heights Tuesday, amid reports that the Federal Trade Commission is looking into acquisitions by some of the country’s biggest tech companies. The S&P 500 Index faded from session highs after...
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U.S. Equity Markets started the week strong as investors looked past the potential economic hit from the spreading Coronavirus to prepare for more corporate earnings. The S&P 500 Index rose to a new high Monday, with most sectors advancing. Energy company shares...
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U.S. Equities limped into the weekend as renewed concern the coronavirus will slow global growth overshadowed fresh signs of a strong labour market. Treasuries jumped. The S&P 500 Index halted a four-day rally, but still notched its best week since June. The...
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U.S. Equity Markets continued their relentless push higher even as the economic impact from the deadly coronavirus remains murky. Treasuries were mixed and Gold advanced. The S&P 500 Index’s four-day rally hit 3.7% as major equity benchmarks added to all-time...
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U.S. Equity Markets rallied to new all-time highs, while Treasuries slumped on speculation efforts will succeed at minimizing the economic impact from the coronavirus. Crude oil rallied after tumbling into a bear market. The S&P 500 Index’s three-day gain topped...
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U.S. Equity Markets rallied the most since August, while Treasuries plunged as investors speculated the global economy will withstand any impact from the still-spreading coronavirus after China’s market sell-off eased. The S&P 500 pushed its two-day gain to 2.2%...
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U.S. Equities rebounded from the worst week in six months as investors speculated efforts to contain the coronavirus will minimize lasting damage to the American economy. Commodities remained under pressure, with copper dropping a 14th straight day and oil sliding...
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