Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 191 - 200 of 4305 results for "Wall"

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% ...

Chief economist update: A whole new world

BENJAMIN ONG  |  MONDAY, 30 MAR 2020
... less you'll need social contact and the safer you will be. In many of my writings, I have lauded the fall of the Berlin Wall in the late-1980s and the disintegration of the USSR - basically the end of communism and the Cold War - as providing a peace ...

The bulls are back

ELIZA BAVIN  |  FRIDAY, 27 MAR 2020
... S&P 500 index logged a third straight day of gains for the first time since mid-February, before coronavirus fears stopped Wall Street's 11-year bull market. Since the start of the week the S&P 500 has surged about 17%, however it is still down 22% ...

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

BENJAMIN ONG  |  FRIDAY, 27 MAR 2020
... and the 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 ...

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
... week, 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
... based on 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 ...

Global stocks plunge as COVID-19 fear accelerates, oil crashes

ALLY SELBY  |  TUESDAY, 10 MAR 2020
... 215 points. Although it officially entered bear market territory, Dow Jones and S&P 500 futures are pointing to a rise on Wall Street tomorrow, which is helping drive buying sentiment locally. At the time of writing, the S&P/ASX 200 regained some of ...