Stocks stutter as second wave virus fears test recovery hopes

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Asian shares and U.S. stock futures wobbled in choppy trade on Friday as lingering concerns about an fresh spike in coronavirus cases offset growing hopes for a quick economic recovery.

Cleveland Federal Reserve Bank President Loretta Mester said it could take a year or two for the U.S. economy to return to pre-pandemic levels, with the gross domestic product declining by 6% in 2020 and the unemployment rate still around 9% by year’s end.

U.S. crude CLc1 ticked up 0.57% to $39.06 a barrel, while Brent crude LCOc1 rose 0.43% to $41.69 per barrel. Sterling could stage a mild recovery if retail sales data due later on Friday point to a rebound in consumer spending.

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شكرًا لك على تعليقك. سيتم نشر تعليقك بعد مراجعته.

You can't have a second wave if you never let the first one die!

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Asian stocks set to fall as Wall St snaps 3-day winning streakAsian stocks were set to dip on Thursday after a choppy Wall Street session as spiking coronavirus cases and prospects of new lockdowns erased earlier confidence about a global economic recovery. ChinaMustPay ChinaLiedAndPeopleDied ⚖️🌏👈📊🧾 BoycottChineseProducts NOW!! And USA 🇺🇸📜⚖️🌏🧐💰OWES CHINA NOTHING, ZERO, NADA (纳达抗变色铜基合金 ) ⚖️💸💵💴💶💷💳 KILLING INNOCENT PEOPLE! accountability 📈📉💉🩸🧬🦠⚰️
مصدر: Reuters - 🏆 2. / 97 اقرأ أكثر »

Asian stocks set to rise after mixed Wall Street sessionAsian stocks were set for gains on Friday although trade was likely to be choppy after a mixed Wall Street session with investor focus swinging between concerns about a second pandemic wave and more upbeat hopes about an economic recovery. KACHING رويترز: من المتوقع أن تحقق الأسهم_الآسيوية مكاسب الجمعة على الرغم من أنه من المرجح أن تكون المضاربات متقلبة بعد جلسة مختلطة في وول_ستريت مع تأرجح تركيز المستثمرين بين المخاوف بشأن موجة ثانية ل جائحة فيروس_كورونا_المستجد والمزيد من الآمال المتفائلة بشأن التعافي الاقتصادي. No Fear after
مصدر: Reuters - 🏆 2. / 97 اقرأ أكثر »

Stocks grind higher as recovery hopes stand firmEurope's shares added to their best gains in almost a month as safety plays lost their lustre on Wednesday, with hopes of a rapid economic recovery holding firm against a resurgence of global coronavirus cases. As long as the economy is ok, screw people! Вы делаете мою жизнь лучше What thoughtful non politicised scientific evidence is there for a 'rapid recovery'. Unless the tens of thousands of Covid deaths are fake news, who in their right mind is going to take unecessary risks with their health. Certainly not the older citizens. Trump supporters maybe ?
مصدر: Reuters - 🏆 2. / 97 اقرأ أكثر »

Asian business sentiment plunges to record low on virus effect: Thomson Reuters/INSEAD surveyBusiness sentiment of Asian companies sank to an 11-year low in the second quarter, a Thomson Reuters/INSEAD survey found, with some two-thirds of the firms polled flagging a worsening COVID-19 pandemic as the biggest risk over the next six months. exactly........ all of Asia is tired of buying xi jiping's bullshit
مصدر: Reuters - 🏆 2. / 97 اقرأ أكثر »

Asia stocks turn cautious on virus surge, geopoliticsAsian share markets took a cautious turn on Wednesday as a resurgence of global coronavirus cases challenged market confidence in a rapid economic recovery, even as the rebound in U.S. retail sales in May broke all records. I really give respect to bojo to how he handled the epidermic and how he recovered.... Silly of those stocks, really...
مصدر: Reuters - 🏆 2. / 97 اقرأ أكثر »

When The Fed Tells You To Buy Stocks, You Should Listen To ThemStocks are savings. Слушаю и следую! 💯 Dear , i couldnt find any 'not investment advice' disclaimer, will DM you for refund in case of stock market crash.
مصدر: Forbes - 🏆 394. / 53 اقرأ أكثر »