News Formal

Stocks open lower on Wall Street; Twitter sinks after hack

  • 📰 AP
  • ⏱ Reading Time:
  • 39 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 51%

Россия Новости Новости

Россия Последние новости,Россия Последние новости

Stocks are opening broadly lower on Wall Street Thursday, extending weakness in overseas markets. The S&P 500 index was down, led by losses in technology companies. Twitter sank after a breach in its security allowed hackers to break into some accounts.

A currency trader watches monitors at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Thursday, July 16, 2020. Shares fell back in Asia on Thursday after markets worldwide rallied on rising hopes for a COVID-19 vaccine.

News that China’s economy grew 3.2% in annual terms in April-June, after a 6.8% contraction in the previous quarter, failed to keep an overnight rally going. The improved growth data was expected and provided an opportunity to cash in on profits from the recent run up in prices, analysts said. In Australia, the S&P/ASX 200 fell 0.7% to 6,010.90, as authorities reported that Victoria state had confirmed a record 317 new coronavirus cases in a day.

But rising numbers of infections and deaths from the COVID-19 pandemic remain a constant source of uncertainty. “In most other realities, this would be ironic or absurd. But in the liquidity inundated post-COVID world markets, this is Thursday,” Mizuho Bank’s Riki Ogawa said in a commentary.

 

Спасибо за ваш комментарий. Ваш комментарий будет опубликован после проверки

Use our Recovery Hub to keep up with key health and economic recovery indicators on a daily basis, including the S&P 500:

Screw the stocks, I want life, not dividends.

Мы обобщили эту новость, чтобы вы могли ее быстро прочитать.Если новость вам интересна, вы можете прочитать полный текст здесь Прочитайте больше:

 /  🏆 728. in RU

Россия Последние новости, Россия Последние новости

Similar News:Вы также можете прочитать подобные новости, которые мы собрали из других источников новостей

Wall Street got bullish on these stocks heading into earnings seasonNew for subscribers: Wall Street got bullish on these stocks heading into earnings season Check out CNBCPro for a free trial.
Источник: CNBC - 🏆 12. / 72 Прочитайте больше »

It's Nice To Be Rich: Wall Street Is Raking In Profits In The Stock MarketThe economy is tanking across the country, bringing layoffs and bankruptcies. But the richest sliver of the U.S. continues to do well. Goldman Sachs says it brought in revenue of $13.3 billion — up 41% from a year ago. will this trickle down? Why? because the government is pumping money into their bank accounts. I’m sure it’ll trickle down! Anyone else polishing their guillotines?
Источник: NPR - 🏆 96. / 63 Прочитайте больше »

Weak earnings drag European stocks lower ahead of ECB meetingEuropean shares eased from one-month highs on Thursday as a batch of weak earnings and mixed economic data from China dented sentiment, while investors waited to hear from the European Central Bank. printing high share prices coming? Dump the EU... Embrace your sovereignty... Respect your country and yourself once again.
Источник: Reuters - 🏆 2. / 97 Прочитайте больше »