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Showing 71 - 80 of 3677 results for "Wall STreet"

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 ...

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

ALLY SELBY  |  TUESDAY, 10 MAR 2020
... 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 these ...

Jamie Dimon recovering after emergency heart surgery

ALLY SELBY  |  MONDAY, 9 MAR 2020
... continue to serve our customers, clients, communities and shareholders." This isn't Dimon's first health scare; the Wall Street leader was diagnosed with throat cancer in 2014 and continued to lead the bank while undergoing chemotherapy. Dimon has led ...