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Thursday, August 6, 2020
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Wall Street set for weekly loss on gathering virus fears

NEW YORK (Reuters) - Wall Street lost ground on Friday as mounting worries over the scope of the coronavirus outbreak overshadowed positive corporate earnings. All three major U.S. stock averages extended their losses after the Centers for Disease Control and Prevention confirmed the second...

China’s Coronavirus pandemic wiped out $11.5 trillion gains from US stock market gains since Trump’s 2016 election victory

Thursday's steep sell-off erased all remaining gains made in the stock market since President Trump's 2016 election win. The US equities market has lost $11.5 trillion in capitalization since peaking on February 19, pushed down by coronavirus risks and a global oil-price war. The Trump administration...

Global Stock Market Rises From Its Sickbed; Nasdaq, S&P 500 Both Up 1% Or More

The stock market rebounded smartly Tuesday, overcoming coronavirus flu fears to post solid gains for the first time since last week. With virus fears abating, a spate of better-than-expected earnings reports buoyed markets. Apple (AAPL) and Advanced Micro Devices (AMD) both rose in anticipation...

U.S Stocks surge 1,985 points as Trump’s coronavirus address eases concerns of economic damage

All three major indexes extended gains in late trading as President Donald Trump's address appeared to at least temporarily calm investor nerves over coronavirus. Equities rallied earlier in the day on hopes of fresh economic stimulus from...

Wall Street rally halts as financial shares slide

NEW YORK (Reuters) - Financial shares led U.S. stocks lower on Tuesday to end a three-day rally as investors awaited comments from Federal Reserve Chair Jerome Powell at the end of the week. The S&P 500 financial index .SPSY dropped 1.2%, and the group...

U.S stocks plunges 10% amid coronavirus fears for its worst day since the 1987 market crash

Stocks plummeted once again on Thursday after President Donald Trump and the Federal Reserve both failed to quell concerns over the economic slowdown stemming from the coronavirus, leading to a historic drop for the U.S. markets. The Dow Jones Industrial Average closed 2,352.60 points lower,...

US stocks plunge as oil crash shakes financial markets

Global stocks tumbled in chaotic trading and investors sought refuge in US government bonds after a crash in the price of oil rocked financial markets already reeling from the spiralling impact of coronavirus. Wall Street’s S&P 500 plunged 7 per cent shortly after the opening...

World equity markets edge higher; oil plunges to 2002 lows

NEW YORK - Global equity benchmarks rose on Monday despite a drop in oil prices to their lowest levels since 2002, as central banks and the United States tried to contain damage from the rapidly spreading coronavirus that has upended the global economy. U.S....

U.S. stocks head back towards lows as investors await details on stimulus measures

By Yasin Ebrahim Investing.com – U.S. stocks headed back towards lows Wednesday as investors awaited further details on stimulus measures proposed by the White House to curb the impact of the novel coronavirus, which has become a pandemic, according to the the World Health...

US stocks plunge 8% as European markets face record fall

European shares were on track for their worst ever daily loss and Wall Street stocks tumbled 8 per cent on another chaotic day as investors feared economic dislocation stemming from the outbreak of the coronavirus. The S&P 500 dropped 8.1 per cent, having triggered a...
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