Equity markets mixed after tough week, optimism at a premium Fri, 25 Sep 2020 12:43:51 +0200
Markets were mixed Friday at the end of another torrid week for investors, who are growing increasingly concerned about US lawmakers' failure to even hold talks on a new stimulus and surging virus infections that are prompting fresh containment measu
Hong Kong shares finished a tough week with another loss Friday as traders are spooked by rising virus cases and the imposition of economically painful containment measures in several countries.
European stock markets slid Friday at the end of another volatile week for investors, closely tracking US lawmakers' failure to strike a new stimulus deal and surging virus infections that are prompting fresh containment measures.
Uncertainty over the contest and delays about the outcome may “be under-appreciated by precious metals markets,” say analysts in a quarterly commodities outlook.
Asian investors struggled to match their Wall Street counterparts, with markets mixed as spiking infection rates, new containment measures and still no US stimulus fuel concerns about economic recovery.
Hong Kong stocks ended on a positive note after fluctuating through the day, with a healthy Wall Street lead offset by growing concerns about spiking coronavirus infections.
Tokyo stocks closed marginally lower Wednesday after a long weekend and as worries grew of fresh spikes in coronavirus cases in Europe and the United States.
Europe's stock markets clawed back ground on Tuesday after a vicious sell-off the previous day, which was rooted in fears of a deadly second coronavirus wave.
Hong Kong stocks went into the break slightly lower Tuesday following big losses on Wall Street and in Europe as governments reimpose fresh virus containment measures.
Asian markets extended the previous day's losses following another rout in New York and Europe as governments impose new containment measures to fight off a second wave of virus infections.
A coalition of gold investors, including firms backed by billionaires John Paulson and Naguib Sawiris, is urging changes at miners.
Most Asian markets fell Monday following another disappointing performance on Wall Street with investors concerned about an uptick in coronavirus infections in Europe and the United States.
Hong Kong shares tumbled Monday on concerns about fresh coronavirus spikes that are forcing governments to reimpose economy-damaging containment measures.
European stock markets nosedived as investors fretted over mounting fears of a second coronavirus wave and tighter government restrictions to combat the killer disease, notably in Spain.
Wall Street opened with little enthusiasm as stock traders digest the implications of Washington's continued failure to agree on a new stimulus package to bolster the battered US economy.
Global markets had a pallid hue with investors anxious over the reimposition of coronavirus restrictions, the stuttering global economic recovery, and US lawmakers' failure to agree on new stimulus measures.
Hong Kong and mainland Chinese stocks ended with gains Friday, closing the week on an upbeat note, though traders remain concerned about the lack of progress on a new US stimulus.
Europe's stock markets sagged in opening deals on Friday ahead of the weekend.
Tokyo shares ended higher Friday as investors stayed optimistic about the new government of Prime Minister Yoshihide Suga, who took office this week.
Europe's stock markets sank, taking their cue from earlier losses in Asia after the head of the US Federal Reserve warned about the "uncertain" outlook for the virus-hit US economy.