News Formal

Stocks grind higher on recovery hopes

  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 48 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 22%
  • Publisher: 66%

Italia Notizia Notizia

Italia Ultime Notizie,Italia Notizie

Europe'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 ...

LONDON/SYDNEY: Europe'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 standing firm against a resurgence of global coronavirus cases.

Trial results announced on Tuesday showed dexamethasone, used to reduce inflammation in other diseases such as arthritis, reduced death rates by around a third among the most severely ill COVID-19 patients admitted to hospital. Chinese blue chips recovered from an early dip to finish steady. That followed a robust session on Wall Street overnight. The Dow ended Tuesday up 2.04per cent, while the S&P 500 gained 1.90per cent and the Nasdaq 1.75per cent.

"But questions about the extent of lasting damage will have to wait for a number of months before being resolved." Thirty-year yields were up 2 basis points at 1.55per cent, having risen by the most in a month on Tuesday, and 10-year German Bunds led a flurry of similar rises in Europe ahead of a 5 billion euro bond sale.

The dollar was up a touch on the Japanese yen at 107.40, while the euro stood at US$1.1268 from its recent top of US$1.1422.

Abbiamo riassunto questa notizia in modo che tu possa leggerla velocemente. Se sei interessato alla notizia puoi leggere il testo completo qui. Leggi di più:

 /  🏆 6. in İT
 

Grazie per il tuo commento. Il tuo commento verrà pubblicato dopo essere stato esaminato.

Italia Ultime Notizie, Italia Notizie

Similar News:Puoi anche leggere notizie simili a questa che abbiamo raccolto da altre fonti di notizie.

Europe: Stocks rebound at open[LONDON] European stock markets rallied by more than two per cent in opening deals on Tuesday, as global investor sentiment was boosted by US Federal Reserve stimulus news. Read more at The Business Times.
Fonte: BusinessTimes - 🏆 15. / 51 Leggi di più »

Hong Kong: Stocks surge on Fed move[HONG KONG] Hong Kong stocks rallied more than two per cent Tuesday as world markets were given a much-needed boost by a Federal Reserve move to provide cash for firms hit by virus lockdowns. Read more at The Business Times.
Fonte: BusinessTimes - 🏆 15. / 51 Leggi di più »

Asian stocks set to rise as drug trials, data push Wall Street higherAsian stocks were set to climb on Wednesday after another late Wall Street surge in response to upbeat trial results for a COVID-19 treatment and ...
Fonte: ChannelNewsAsia - 🏆 6. / 66 Leggi di più »