Stocks in wait-and-see mode ahead of earnings season | Malay Mail

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LONDON, July 10 — Global stocks and oil prices were steady today as investors eyed rising coronavirus infection rates and awaited next week’s corporate earnings reports. In afternoon trading, London stocks won 0.4 per cent, Frankfurt added 0.5 per cent and Paris was up by 0.4 per cent. Trading...

Trading was off to a slow start in New York with the Dow Jones index flat in early trades. ― Reuters pic

Trading was off to a slow start in New York meanwhile, with the Dow Jones index essentially flat in early trades. Markets have generally displayed a healthy resilience to the rapid spread of the disease around the world, with hopes for economic recovery, easing of lockdowns and government largesse providing crucial support.

“The global battle with Covid-19 apparently has no end in sight,” said Russ Mould, investment director at stockbroker AJ Bell.

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