New York, U.S. | Xinhua | Wall Street had a rosy year in 2021 with all the three major indexes scoring double-digit returns, but many analysts have warned of a bumpy path for equities in the year ahead amid multiple challenges. The S&P 500 jumped 26.9 percent in 2021, marking the …
Read More »U.S. equities post modest weekly gains amid stimulus uncertainty, economic data
New York, UK | Xinhua | Wall Street’s major averages eked out modest gains in the week as investors monitored updates about a U.S. coronavirus stimulus bill, while poring through a batch of key economic data. For the week ending Friday, the Dow inched up 0.1 percent, the S&P 500 rose …
Read More »U.S. equities post modest weekly gains amid Fed minutes, mixed data
New York, US | XINHUA | U.S. stocks eked out modest gains in the past week as Wall Street digested the Federal Reserve’s meeting minutes and a slew of economic data. For the week ending Friday, the Dow was roughly unchanged, the S&P 500 rose 0.7 percent, and the Nasdaq …
Read More »U.S. equities eke out modest weekly gains amid economic data, stimulus stalemate
New York, US | XINHUA | U.S. stocks posted modest gains in the week, as investors digested a slew of newly-released economic data while grappling with the uncertain fate of the further coronavirus stimulus in the country. For the week ending Friday, the Dow gained 1.8 percent, the S&P 500 …
Read More »U.S. equities post mixed weekly results amid coronavirus worries, earnings
New York, US | XINHUA | Wall Street’s major averages posted mixed results during the past week as investors digested a slew of earnings reports while weighing the impact of surging coronavirus infections. For the week ending Friday, the Dow gained 2.3 percent, the S&P 500 rose 1.3 percent, and …
Read More »Stock markets slip on fears of second virus wave
Hong Kong, China | AFP | Equities tumbled Monday, extending last week’s losses on fears of a second wave of virus infections around the world that could put the brakes on the easing of lockdowns and a budding economic recovery. While European nations press ahead with their reopening after months of …
Read More »Stock markets rise as reopenings trump geopolitical tensions
London, United Kingdom | AFP | Further easing of countries’ coronavirus lockdowns pushed equities higher Tuesday, with optimism stoked by the reopening of bars, cafes, pools and beaches outweighing China-US tensions that hurt the dollar. While countries including Brazil, Chile and Russia are enduring rising death and infection tolls from COVID-19, …
Read More »Stocks retreat as virus fears temper lockdown easing
London, United Kingdom | AFP | Stock markets mostly slipped Thursday after rallying for much of the week amid concerns over the long-term impact of the virus and worsening China-US relations. On Wall Street, the Dow Jones index slipped into negative territory at the opening bell, while in Europe, Frankfurt and …
Read More »Equities rally on hopes for economic rebound
London, United Kingdom | AFP | Stock markets picked up Wednesday on hopes for a strong US economic rebound even though retailers reported mixed results and US-China tensions continued to mount. Equities have enjoyed a broad advance for several weeks as virus infection and death rates slow, allowing governments to lift …
Read More »Equities mostly up as countries slowly reopen
Hong Kong, China | AFP | Stock markets rose Monday as a further easing of lockdowns around the world offset another round of data highlighting the sharp economic pain being inflicted by the virus. Traders also looked past a warning from the head of the Federal Reserve that a full recovery …
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