World stocks spluttered to their lowest level in over a week today. — Reuters pic
The governors of New York, New Jersey and Connecticut ordered travellers from eight other states to quarantine on arrival, a worry for investors who had mostly been expecting an end to pandemic restrictions. Wall Street S&P 500 futures had also buckled below a key technical level known as the 200-day moving average, leaving investors huddling in traditionally safer government bonds and gold.
In the currency markets, the dollar clung on to broad gains which had lifted it from near a two-week low. Bank of England chief economist Andy Haldane is due to speak about the future of society at 1700 GMT. Haldane argued against last week’s increase to the bank’s bond-buying programme. The pound was up for a third day in four before that.The United States has added items valued at US$3.1 billion to a list of European goods eligible to be hit with import duties.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
United States United States Latest News, United States United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
London stocks slide on second virus wave fears | Malay MailLONDON, June 24 — London stocks retreated today as a spike in novel coronavirus cases across the globe compounded fears of a second wave of the pandemic, while builder Crest Nicholson tumbled after issuing a grim forecast for the year. The homebuilder fell 7.6 per cent to its lowest in more than...
Source: malaymail - 🏆 1. / 86 Read more »
US stocks gain as Trump confirms China deal on track | Malay MailNEW YORK, June 23 — Wall Street stocks rose early today after US President Donald Trump confirmed that a trade agreement with China remains on track, overruling an aide who said the deal was derailed. About 25 minutes into trading, the Dow Jones Industrial Average was at 26,216.39, up 0.7 per...
Source: malaymail - 🏆 1. / 86 Read more »
Hong Kong stocks close lower | Malay MailHONG KONG, June 24 — Hong Kong shares finished on a negative note following the previous day’s healthy gains, with traders keeping a nervous eye on a pick-up in coronavirus infections in some countries as lockdown restrictions ease. The Hang Seng Index slipped 0.50 per cent, or 125.76 points,...
Source: malaymail - 🏆 1. / 86 Read more »
US stocks dip as Nasdaq slips from record | Malay MailNEW YORK, June 24 — Wall Street stocks retreated early today as the US signalled possible new tariffs on European goods and coronavirus cases continued to climb in many states. About 10 minutes into trading, the Dow Jones Industrial Average was down 0.9 per cent at 25,911.08. The broad-based...
Source: malaymail - 🏆 1. / 86 Read more »
European stocks knocked lower by Covid-19, tariff fears | Malay MailFRANKFURT, June 25 ― European stocks slumped to a one week-low yesterday as a surge in coronavirus cases and news that US was weighing tariffs on European products dashed investors hopes of a speedy economic recovery. The pan-European STOXX 600 closed 2.8 per cent lower, recording its second...
Source: malaymail - 🏆 1. / 86 Read more »