Tag: AUS200

Market News

• Last Friday, Wall Street’s main indexes finished lower, weighed down by big U.S. banks such as Wells Fargo, JPMorgan and Citigroup after their earnings reports, while the energy sector fell sharply due to a regulatory probe into Exxon Mobil.

Market News

• Stocks on Wall Street opened lower, but closed with a rebound from early lows, on the heels of weekly initial jobless claims data that spiked by 137,000 to a seasonally adjusted 853,000, well above expectations for 725,000 and the highest level since mid-September, underscoring the need for fresh stimulus measures to support a flagging economy.

Market News

• Stocks rose across the globe on Friday to close at a fresh high and remain on track for their strongest monthly performance on record but the Nasdaq outperformed on Wall Street but Treasury yields fell, indicating lingering concerns over rising coronavirus cases globally.

Market News

• U.S. stocks closed lower on Tuesday, with the S&P 500 and Dow snapping a seven-day streak of gains and falling late in the session on growing uncertainty about breaking a stalemate in Washington over a fiscal stimulus deal.