Category: News

European governments that frantically assembled plans to help their economies weather the coronavirus lockdowns are starting to focus on a cliff edge: how to prevent cascading bankruptcies that could derail the rebound. The next big idea gaining traction among officials and economists is potentially taking stakes in small and medium-sized businesses, in contrast to early...

Asian stocks slipped Wednesday as concern lingered over the economic impact of the coronavirus. The rally in Chinese shares continued. Stocks traded lower in Australia, Japan and South Korea, and were little changed in Hong Kong. The Shanghai Composite Index climbed for a seventh session. Futures on the S&P 500 dipped after the gauge closed...

Global stocks were mixed Tuesday after a strong start to the week for shares on Monday. The dollar pared losses. Equities retreated in Japan and South Korea, fluctuated in Australia and Hong Kong, and saw modest gains in China. S&P 500 futures slipped after the benchmark closed higher for a fifth session, with tech gains...

Asian stocks rose along with U.S. and European futures as investors weighed expectations for ongoing policy support against increasing global coronavirus cases. The dollar and Treasuries dipped. Shares in Shanghai surged more than 4% on strong volume, amid positive commentary on the market from state media. Benchmarks in Tokyo, Hong Kong and Seoul were also higher. U.S. equity futures...

U.S. and European stock futures were flat on Friday, with global stocks poised to cap their best week in a month as improving economic data provided solace against an acceleration in infections in the U.S. Contracts on the S&P 500 were little changed after the index rose in the wake of a stronger-than-anticipated U.S. jobs...

U.S. exports of goods and services sank in May to the lowest in more than a decade as the coronavirus pandemic halted demand and shipments. The overall gap of goods and services widened to $54.6 billion in May from a revised $49.8 billion in April, according to Commerce Department data released Thursday. The median estimate...

European stocks rose with U.S. futures on Thursday as hopes for reassuring U.S. jobs data later in the session added to momentum from positive vaccine developments. Treasuries were steady and the dollar slipped. Gains on the Stoxx Europe 600 were helped by banks, after lagging the index most of the week. The sentiment strengthened as investors measured...

Asian stocks climbed Thursday after positive vaccine developments and U.S. data tempered concern over a jump in coronavirus cases. Treasuries and the dollar held losses. Hong Kong shares outperformed after returning from a holiday, despite the recent tensions over China’s new national security law over the city. Stocks in Australia, China, Japan and South Korea also rose....

U.S. stocks climbed on the final day of the best quarter since 1998 as investors assessed better-than-estimated economic data amid concern over new coronavirus cases and trade relations with China. The S&P 500 extended its second-quarter rally to 20% as a report showed consumer confidence posted its biggest increase since 2011. The Nasdaq Composite Index soared 31%...

Asian stocks started the new quarter in a muted fashion, as investors assessed mixed data on the global economy amid concern over the coronavirus spread and Sino-American tensions. Shares dipped in Japan on low volumes, with sentiment capped as confidence among large manufacturers in the country fell to the lowest since 2009. Stocks ticked higher in Shanghai,...