Stocks fall, dollar gains after Trump gets coronavirus | Malay Mail

  • 📰 malaymail
  • ⏱ Reading Time:
  • 49 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 23%
  • Publisher: 86%

Belgique Nouvelles Nouvelles

Belgique Dernières Nouvelles,Belgique Actualités

NEW YORK, Oct 3 — Global equity markets slumped and investors piled into gold and the Japanese yen yesterday after US President Donald Trump tested positive for the coronavirus, adding to market uncertainty just 32 days before the US election. Trump’s bombshell announcement spurred risk-off...

TradeThe main US stock indexes fell but regional ones in Europe ended slightly higher after an initial sell-off on the Trump news. — Reuters pic

Gold posted its best week in eight even after paring gains, while the yen advanced sharply before also retreating a bit. Yields on the 10-year US Treasury note rose slightly, stuck in a narrow trading range it has held for three weeks. Trump is experiencing mild symptoms but will keep working after testing positive, administration officials said.

On Wall Street, the Dow Jones Industrial Average fell 0.48 per cent. The S&P 500 lost 0.96 per cent and the Nasdaq Composite dropped 2.22 per cent, with market leaders Apple Inc, Microsoft Corp and Amazon.com the heaviest drags. The Labour Department’s closely watched employment report yesterday was the last before the presidential election.

But both Arone and Steven Ricchiuto, US chief economist at Mizuho Securities USA in New York, said the loss of government jobs, mostly seasonal in education, pulled numbers lower while the private sector’s gains were above overall expectations.

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.
Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 1. in BE

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

London stocks follow Europe lower as Trump tests positive for Covid-19 | Malay MailLONDON, Oct 2 — Brexit concerns kept London-listed shares in negative territory today as global stock markets steadied from the initial shock of US President Donald Trump testing positive for the novel coronavirus. Trump said today he and his wife Melania had tested positive for Covid-19 and were...
La source: malaymail - 🏆 1. / 86 Lire la suite »

US stocks fall after weak jobs data, Trump Covid-19 diagnosisS&P 500 dropped 1%, while the Nasdaq Composite Index tumbles 2.2%. FMTNews Trump
La source: fmtoday - 🏆 5. / 72 Lire la suite »