Global stocks gain on promise of European rebound

  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 32 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 63%

Australia News News

European corporate earnings offset worries over surging Covid-19 cases in parts of Asia

London — Global stocks gained on Wednesday as early indications of a rebound in European corporate earnings offset concerns over rising Covid-19 infections in Asia that have dampened oil prices.

Stocks in Tokyo also slumped by 2% due to the growing likelihood that Tokyo, Osaka and surrounding areas will be put under lockdown due to a new wave of coronavirus infections. Italian football club Juventus slumped 10% after the breakaway European Super League was rocked by the departure of its six English clubs.

Analysts said they were looking for steers from the European Central Bank on Thursday, followed by the US Federal Reserve and Big Tech earnings on Wall Street next week.S&P 500 e-mini stock futures were slightly firmer, indicating a potential modest rebound from Tuesday’s sell-off on Wall Street.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Thank God for bringing bitcoin to man, it has being a great source of blessing to all of man kind who have passion for bitcoin trading. Now the poor are getting rich over night and the rich getting richer. Samuelleachhfx thank you for your proper management,🙏🏻🙏🏻

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in AU

Australia Australia Latest News, Australia Australia Headlines