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Showing 51 - 60 of 3659 results for "Wall Street"

Wall Street surges as Sanders drops out, Wuhan reopens

ALLY SELBY  |  THURSDAY, 9 APR 2020
News that Wuhan, the epicentre of the COVID-19 pandemic, has now opened for business saw Wall Street surge overnight, with the S&P 500 once again entering bull market territory. From its March 23 lows, the S&P 500 has surged 23%, signifying the end ...

Wall Street rally runs out of steam

ALLY SELBY  |  WEDNESDAY, 8 APR 2020
... exposure. "Right now it's a very difficult market with nearly every sector facing major challenges." It comes after Wall Street surged 7% on Monday night on hopes that the COVID-19 pandemic had reached its peak in Europe, with the daily death toll ...

A coronavirus-bitten cat bounce?

BENJAMIN ONG  |  TUESDAY, 7 APR 2020
... heartened equity market investors everywhere - from New York to Rio and ol' London town - underscored by the surge on Wall Street overnight. All major US benchmark equity indices rocketed: DJIA by 7.7%; S&P 500 by 7.0%, Nasdaq composite by 7.3% ...

The bulls are back

ELIZA BAVIN  |  FRIDAY, 27 MAR 2020
The Dow Jones has recorded its shortest bear market in the index's history, as investors regain confidence in a market rife with volatility. The Dow experienced its strongest three days in nine decades after record weekly US jobless claims came ...

Chief economist update: Honey, COVID-19 got me sacked

BENJAMIN ONG  |  FRIDAY, 27 MAR 2020
... unemployment rate shows that even Bullard's grim forecast appears to be an underestimation. In spite of these, Wall Street rallied overnight -- Dow +6.38%, S&P 500 +6.24%, Nasdaq +5.60%, Russell 2000 +6.30%. Perhaps it's because claims came in ...

Chief economist update: COVID-19 eating into jobs

BENJAMIN ONG  |  THURSDAY, 26 MAR 2020
Wall Street and most other equity markets welcomed reports that the White House and the US Senate have finally reached a deal to unleash a stimulus package worth around US$2 trillion. "Highlights include: $250B in direct payments to Americans; $367B ...

NYSE closes trading floor

ELIZA BAVIN  |  THURSDAY, 19 MAR 2020
... after the most heavily populated island of Luzon was put in mandatory isolation. Despite the high market volatility Wall Street is determined to remain open as halting trade is viewed as extreme. Most recently, the markets were closed during Hurricane ...

World rolls out stimulus

ELIZA BAVIN  |  WEDNESDAY, 18 MAR 2020
... stock market losses and volatility." Altaf Kassam, SSGA heal of investment strategy and research, said that while Wall Street opened again with a near instantaneous halt into a circuit breaker, when it re-opened sentiment appeared more constructive. ...

Wall Street tumbles, ASX holds ground

ELIZA BAVIN  |  TUESDAY, 17 MAR 2020
Wall Street has been taking a battering since the coronavirus outbreak left the shores of China, with the S&P 500 falling another 12% overnight. A sharp cut in interest rates, stricter quarantine enforcements around the globe and a change of tone from ...

Chief economist update: Coronavirus cures climate change

BENJAMIN ONG  |  MONDAY, 16 MAR 2020
Friday the 13th isn't so unlucky after all as it turned out to be a rally day on Wall Street. The S&P 500 index surged by 9.3% while the Dow and the Nasdaq pole-vaulted by 9.4% the day after US President Trump's declaration of a national emergency ...