European stocks dropped on Tuesday as traders look for a new catalyst after the big rally from the depths of March.The finance sector struggled, with Natixis KN, -4.89%, Legal & General LGEN, -3.88% and Société Générale GLE, -5.01% retreating.
The U.S. S&P 500 SPX, +1.20% on Monday turned positive for the year. Investors appear to be betting that even if the coronavirus spread accelerates, governments won’t be as strict as they were initially. The World Health Organization on Monday said it is very rare for asymptomatic people to spread the virus.
“No change to policy is expected, but markets will assess for how long current policy settings will be in place and the likelihood of further stimulus despite the unexpected payrolls rebound in May,” said Hann-Ju Ho, senior economist for commercial banking at Lloyds Bank.
Have you seen the past week!! Can we be more positive
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European stocks open lower after strong rally last weekEuropean stocks slipped at the open on Monday, reversing after a huge rally last week. The German DAX undefined fell 1.1% and the U.K. FTSE 100 undefined...
مصدر: MarketWatch - 🏆 3. / 97 اقرأ أكثر »
Asia Pacific stocks set to trade higher as S&P 500 turns positive for the yearAn overnight rally stateside saw the S&P 500 erasing its losses and entering positive territory for the year.
مصدر: CNBC - 🏆 12. / 72 اقرأ أكثر »
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مصدر: CNBC - 🏆 12. / 72 اقرأ أكثر »
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مصدر: WSJ - 🏆 98. / 63 اقرأ أكثر »
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مصدر: Reuters - 🏆 2. / 97 اقرأ أكثر »