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12:29 p.m. Sept. 9, 2020 - By Joy Wiltermuth
Dow ends 439 points higher as stocks snap three-day losing streak on heavy tech buying Microsoft, Apple led Dow higherU.S. stocks finished higher Wednesday, ending a three-day selloff that a day earlier drove the Nasdaq Composite into a correction at the fastest pace in history, following its record high last week.
11:08 a.m. Aug. 28, 2020 - By William Watts
Who will replace Shinzo Abe? 5 things investors need to know about Japan prime minister’s resignation Abe’s resignation raises questions about the world’s third largest economyWill Abenomics survive Prime Minister Shinzo Abe’s resignation? Investors are focusing on the battle to succeed Japan’s longest-serving prime minister.
12:13 p.m. July 27, 2020 - By William Watts
Here’s what the U.S. dollar’s fall means for the stock market Weaker dollar should be a positive, but foreign stocks will benefit more: analystsBarring some sort of currency meltdown, a weaker dollar should be a positive for equities, though foreign stocks will likely benefit more, analysts say.
12:29 p.m. July 22, 2020 - By Joy Wiltermuth
Dow ends above 27,000 for first time in six weeks as defensive plays gain amid latest China-U.S. tussle Tesla and Microsoft headline Wednesday’s earnings calendar U.S. stocks finished higher Wednesday, ahead of corporate results from Tesla and Microsoft, but with buying seen in utilities, real-estate and other sectors viewed as defensive as Sino-American tensions rise.
7:47 p.m. July 12, 2020 - Associated Press
Asian markets gain on expectations of upbeat economic projections Stocks jump more than 1% in Japan and mainland ChinaShares rose in Asia on Monday, cheered by expected upbeat projections for a global economic rebound that were tempered by worries over expanding coronavirus outbreaks.
4:18 a.m. June 26, 2020 - By Andrea Riquier
COVID-19 undid 3 years of economic progress in China. Don’t expect a quick rebound, these experts say ‘Will this be a return to their old playbook of building bridges to nowhere?’Beijing may be falling back on an old playbook as it reels from the impact of the coronavirus. it’s a reminder of just how desperate things may have become, the China Beige Book notes, and just how interconnected the world is.
7:43 p.m. June 25, 2020 - Associated Press
Asian markets gain after U.S. banks’ stress test results Strong gains in Tokyo and Seoul; Chinese markets closedAsian stock markets followed Wall Street higher on Friday after U.S. regulators removed some limits on banks’ ability to make investments.
10:28 a.m. May 27, 2020 - By Myra P. Saefong
Gold falls, but settles off session lows as U.S.-China tensions grow over Hong Kong Most-active August gold contract falls, but holds above $1,700 markGold futures finish off the session’s lows, as tensions between the U.S. and China worsened after Secretary of State Mike Pompeo announced that Hong Kong is no longer autonomous from China.
6:34 a.m. May 2, 2020 - By Mark DeCambre
Don’t look now—much-maligned bitcoin is outperforming gold and bullish investors are eyeing $10,000 and beyond The so-called bitcoin halving is on May 12Bitcoin is on the rise lately. The world’s most prominent digital currency has been rallying, managing to outperform gold prices in the last 12 months amid the coronavirus pandemic that has rocked global economies.
7:02 p.m. April 22, 2020 - Associated Press
China stockpiles crude as prices collapse China's oil imports rose 5% in Q1 despite pandemic shutdown; strategic reserves may be expandedChina, the world’s biggest energy consumer, is taking advantage of a plunge in global oil prices due to the coronavirus outbreak to build up its stockpiles of crude.
12:41 p.m. April 20, 2020 - By William Watts
Stock market could retest lows once investors see coronavirus toll on earnings, says Mark Mobius Emerging-markets pioneer says ESG principles will return to spotlight as result of coronavirus crisisMark Mobius, the emerging-markets investing pioneer, is confident the world economy will bounce back from the COVID-19 pandemic and offer investors a round of bargains—but sees the potential for another round of pain.
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