U.S. stocks were higher after the close on Monday, as gains in the Technology, Utilities and Consumer Services sectors led shares higher. At the close in NYSE, the Dow Jones Industrial Average gained 0.59%, while the S&P 500 index climbed 0.65%, and the NASDAQ Composite index climbed 1.11%....
Gold was down on Tuesday morning in Asia, with the yellow metal easing from an earlier surge on the back of U.S. comments about its trade deal with China. White House trade advisor Peter Navarro sparked temporary investor panic on Monday after he said that the U.S-China trade deal was “over”....
U.S. stock futures recouped losses on Monday but Asian stocks wobbled as investors tried to shake off worries that rising coronavirus cases in the United States could scupper a quick economic rebound. U.S. S&P 500 futures (ESc1) rose 0.3%, having erased early losses of 1.05%, while...
Oil prices slid on Monday as concern grew that a record rise in coronavirus infections worldwide could stall a recovery in fuel demand, outweighing tighter supplies from major producers. Brent crude (LCOc1) fell 11 cents, or 0.3%, to $42.03 a barrel by 0505 GMT, while U.S. crude (CLc1) was at...
Asian stocks were mostly up on Friday, with investors continuing to monitor rising numbers of COVID-19 cases in China and the U.S., alongside an uptick in U.S.-China tensions. Beijing announced 25 new cases on Thursday, bringing the total number of cases linked to a weekend outbreak at the...
The dollar headed for its best week in a month on Friday as a resurgence in coronavirus cases knocked confidence in a rapid economic recovery and drove investors to the safety of the world’s reserve currency. Geopolitical tensions on the Korean peninsula, in the Himalayas and between...
The S&P 500 closed lower on Wednesday as news of spiking pandemic data and the prospect of a new round of economic lockdowns dampened investor optimism over signs of economic recovery. The S&P 500 and the Dow reversed earlier gains to snap a three-day winning streak. Tech shares led the...
A newly discovered spyware effort attacked users through 32 million downloads of extensions to Google’s market-leading Chrome web browser, researchers at Awake Security told Reuters, highlighting the tech industry’s failure to protect browsers as they are used more for email,...
Asian share markets took a cautious turn on Wednesday as a resurgence of global coronavirus cases challenged market confidence in a rapid economic recovery, even as the rebound in U.S. retail sales in May broke all records. New infections have hit record highs in six U.S. states and Beijing cut...
Oil prices fell on Wednesday as data showed an increase in U.S. crude and fuel inventories, raising the prospect of oversupply as a potential second wave of the coronavirus pandemic threatened to halt any recovery of demand. Brent crude (LCOc1) futures were down 89 cents, or 2.2%, at $40.07 a...
