Big Biden stimulus no balm for US stocks, Dow loses 0.6% Sun, 17 Jan 2021 16:22:29 +0000
President-elect Joe Biden's massive plan to help the US economy didn't shake Wall Street's downbeat sentiment on Friday, with major indices losing ground in the last full trading week of Donald Trump's presidency.
After dizzying gyrations, what's bitcoin really worth? Sun, 17 Jan 2021 11:49:08 +0000
After the latest wild ride took cryptocurrency's poster child above $40 000 before a stomach-churning plunge, the million dollar question is how much bitcoin is actually worth.
Markets struggle after Biden unveils huge stimulus plan Fri, 15 Jan 2021 14:35:18 +0000
Stock markets struggled Friday as investors weighed mounting coronavirus concerns and President-elect Joe Biden's proposed $1.9-trillion stimulus package appeared to have already been largely priced in.
Oil retreats from 10-month high as stronger dollar dents rally Fri, 15 Jan 2021 12:43:35 +0000
Oil declined from a 10-month high as the dollar strengthened, taking the steam out of a recent rally, while investors assessed what impact a potential US stimulus package will have on driving fuel demand higher.
SA stocks stay near record as Naspers offsets weak miners Fri, 15 Jan 2021 12:25:02 +0000
South African stocks held steady near recent all-time highs on Friday as investors scrutinised US President-elect Joe Biden’s much-anticipated $1.9 trillion relief plan for the world’s largest economy.
European stock markets drop at open Fri, 15 Jan 2021 10:41:16 +0000
Europe's main stock markets lost ground in opening deals on Friday, as investors took profits after solid gains the previous day.
Hong Kong stocks close higher Fri, 15 Jan 2021 11:07:42 +0000
Hong Kong stocks ended Friday on a positive note after Joe Biden unveiled a $1.9 trillion economic recovery plan, while traders remain upbeat about the long-term recovery outlook.
Asian markets struggle after Biden unveils huge stimulus plan Fri, 15 Jan 2021 10:03:46 +0000
Joe Biden's $1.9 trillion stimulus proposal was met with a shrug in Asia Friday as observers said the massive spending spree had been largely factored into valuations, while profit-taking weighed on markets at the end of a broadly healthy week.
Tokyo stocks lower with eyes on fresh US stimulus Fri, 15 Jan 2021 10:16:19 +0000
Tokyo stocks opened marginally higher before slipping into negative territory on Friday, with investors watching details of incoming US president Joe Biden's plan for new stimulus.
Europe stock markets little changed at open Thu, 14 Jan 2021 11:00:12 +0000
Europe's main stock markets were little changed to firmer at the open Thursday, with London and Frankfurt edging higher but Paris flatlining.
Hong Kong stocks finish higher Thu, 14 Jan 2021 11:35:17 +0000
Hong Kong stocks closed higher Thursday as traders await Joe Biden's proposals on another huge stimulus package for the stuttering US economy.
Most markets rise in Asia with Biden stimulus plan in focus Thu, 14 Jan 2021 09:59:06 +0000
Asian markets mostly enjoyed fresh gains Thursday as investors await Joe Biden's proposals for a vast new stimulus as well as comments from the head of the Federal Reserve on its policy outlook.
Tokyo shares rise on Chinese data, US stimulus hope Thu, 14 Jan 2021 10:07:59 +0000
Tokyo stocks ended higher Thursday on strong Chinese trade data and hopes for fresh US stimulus under the incoming administration.
Asia markets mostly up on stimulus hope, but traders still on edge Wed, 13 Jan 2021 10:31:30 +0000
Equities mostly rose as investors struggled for traction in Asia on Wednesday following a tepid lead from Wall Street, with hopes for another vast US virus relief package offset by political upheaval in Washington and surging virus cases.
Hong Kong stocks end with losses Wed, 13 Jan 2021 10:49:37 +0000
Hong Kong stocks finished slightly lower on Wednesday as profit-takers moved in following a recent rally, while US stimulus hopes were offset by virus concerns.
European stocks struggle as traders eye historic impeachment bid Wed, 13 Jan 2021 15:16:11 +0000
European equities struggled and the dollar traded mixed Wednesday, with traders on edge ahead of the likely historic second impeachment of US President Donald Trump, dealers said.
Tokyo stocks close higher led by tech shares Wed, 13 Jan 2021 11:13:28 +0000
Tokyo stocks closed higher Wednesday led by rallies in chip-linked and other tech shares on hopes of sound earnings and US stimulus measures.
Stocks, dollar mixed as bitcoin steadies Tue, 12 Jan 2021 15:48:39 +0000
Stock markets fluctuated Tuesday as hopes for the rollout of coronavirus vaccines and more huge stimulus out of Washington competed with fears over surging infections.
European stock markets climb at open Tue, 12 Jan 2021 10:53:56 +0000
European stock markets climbed at the start of trading on Tuesday, with London's benchmark FTSE 100 index gaining 0.2% to 6 808.64 points.
Hong Kong stocks close sharply higher Tue, 12 Jan 2021 10:46:54 +0000
Hong Kong stocks ended more than one percent higher Tuesday as hopes for the rollout of vaccines and a new US stimulus helped offset worries about surging virus infections and lockdowns.