The United States has been registering more than 60,000 new coronavirus cases a day in recent days, and cases are also on the upswing in France and throughout Europe where governments are enacting new restrictions.
President Donald Trump said Congress will approve a pandemic rescue package for the US economy after the November 3 election, seeming to concede defeat on efforts to reach a deal before voters decide whether to give him a second term. Meanwhile, the Conference Board reported that US consumer confidence in October lagged analyst expectations.
"Consumers' assessment of current conditions improved while expectations declined, driven primarily by a softening in the short-term outlook for jobs," The Conference Board's senior director of economic indicators Lynn Franco said. Among individual companies, shares of Xilinx jumped 8.6 per cent after it reached a deal to be acquired by rival chipmaker AMD for US$35 billion. AMD shed 4.1 per cent.Travel-oriented stocks dropped in a sign of renewed anxiety about Covid-19. American Airlines lost 4.8 per cent, Booking Holdings shed 3.0 per cent and Marriott International fell 2.7 per cent.For daily updates on weekdays and specially selected content for the weekend.
المملكة العربية السعودية أحدث الأخبار, المملكة العربية السعودية عناوين
Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.
مصدر: The Straits Times - 🏆 8. / 63 اقرأ أكثر »