Daily Market Analysis Market Focus U.S. markets drift slightly higher as investors assess economic reports and a resurgence of coronavirus cases in Europe. Economic data from most of euro- area seem to worsen than expected, except the U.K. Europe is …
Daily Market Analysis Market Focus Stocks climbed as gains in giant technology companies drove the Nasdaq 100 to a record, tempering concern that a recovery from the pandemic-induced recession will need more time. Treasuries rose. The rally in heavyweights such …
Daily Market Analysis Market Focus Stocks are slightly higher after closing at a record for the first time since COVID-19 started amid a rebound in giant technology companies. Major indexes advance as investors are waiting for the latest stimulus plan …
Daily Market Analysis Market Focus Major U.S. indexes climb, buoyed by Chinese stimulus overnight, as of writing. The S&P 500 aims at its before the pandemic closing- record; the Nasdaq outperforms as a jump in several technological companies. In the …
Daily Market Analysis Market Focus US equity market was mixed as stimulus negotiations linger. The White House and the Treasury is $1 trillion away from reaching a deal, “we have made clear to the administration that we are willing …
Daily Market Analysis Market Focus An American biotechnological company, Moderna Inc. reached an unprecedented deal of $1.5 billion with the Trump administration to supply 100 million does of its experimental vaccine for COVID-19. Under the deal, Moderna Inc. will provide …
Daily Market Analysis Market Focus President Donald Trump is considering a tax cut on capital gains and American hospitalization for coronavirus fell to their lowest in a month. “We’re considering a capital tax cut, which could create a lot more …
Daily Market Analysis Market Focus U.S. market was fluctuating with mixed information. Dow Jones gained as investors considered more earning results and potential outcomes for coronavirus- related stimulus. Despite of failing to make progress on a new coronavirus stimulus plan …
Daily Market Analysis Market Focus US and European equity edged higher amid encouraging news on the vaccine front. Novavax joins the ranks of AstraZeneca Plc, Moderna Inc., Pfizer Inc. and BioNTech SE which has all reported Phase 1 results …
Daily Market Analysis Market Focus US equity advanced as positive economic data outweighed pandemic pessimism. The White House is concerned about the economic impact of the benefits having expired on Friday, and was said to consider acting on its …