About 30 minutes into trading, the benchmark Dow Jones Industrial Average was nearly flat at 28,305.18. — Reuters pic
About 30 minutes into trading, the benchmark Dow Jones Industrial Average was nearly flat at 28,305.18. Yesterday’s session was buoyed by hopes for a new coronavirus treatment, and Charles Schwab investment bank said China and the United States’ announcement after markets closed that they would “push forward” on their “phase one” trade deal could fuel today’s sentiment.
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Covid-19 treatment hope sparks US stocks rally | Malay MailNEW YORK, Aug 24 — US stocks opened the week like they closed last week: on a high note, amid news the US Food and Drug Administration (FDA) had authorised the use of a Covid-19 treatment. About 30 minutes into the Monday trading session, the benchmark Dow Jones Industrial Average climbed 0.5 per...
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Hong Kong stocks close with big gains | Malay MailHONG KONG, Aug 24 — Hong Kong shares finished sharply higher Monday, in line with a rally across Asia following a record lead from Wall Street. The Hang Seng Index added 1.74 per cent, or 437.74 points, to 25,551.58. The benchmark Shanghai Composite Index put on 0.15 per cent, or 4.96 points, to...
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