US: Stocks end up on optimism about vaccines, reopenings

Consumer confidence stabilized in May after two months of sharp declines as shoppers said they were more upbeat about the future, according to a survey from the Conference Board.

At a banking conference, JPMorgan Chase chief executive Jamie Dimon described US consumers as in relatively"good shape" considering the spike in unemployment. Dow member Merck gained 1.2 per cent after announcing a series of initiatives in response to the coronavirus, including the acquisition of privately-held vaccine company Themis.

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US stocks end up on optimism about coronavirus vaccines, reopeningsNEW YORK (AFP) - Wall Street stocks surged on Tuesday (May 26) on optimism about a rebound in the United States, as more states emerge from coronavirus shutdowns and drugmakers step up efforts to find a vaccine.. Read more at straitstimes.com.
مصدر: The Straits Times - 🏆 8. / 63 اقرأ أكثر »

Tokyo: Stocks open higher on virus hopes[TOKYO] Tokyo stocks opened higher on Monday on expectations the state of emergency will be lifted for the whole nation including economic powerhouse Tokyo. Read more at The Business Times.
مصدر: BusinessTimes - 🏆 15. / 51 اقرأ أكثر »