On Sunday, New York reported virus-related deaths had fallen slightly from the previous day, the first instance in a week.
“Seeing the market soar the way it is, even though the fundamentals continue to be in free fall, the market is looking across the valley and saying ‘six months from now things will be on the ascent,’” said Sam Stovall, chief investment strategist at CFRA Research in New York. Even with the positive signs, US officials have braced the country for a “peak death week” from the pandemic, with the death toll topping 10,000.
Versace owner Capri Holdings surged 25.9% after saying it expects to open its stores after June 1 and that it would furlough all its 7,000 employees in North America.
Where is this Wall street🤔?
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:
South Africa South Africa Latest News, South Africa South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
More than 8 000 cases of coronavirus in Africa, 399 deaths: WHO - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.Coronavirus has claimed 399 lives so far in Africa. According to statistics from the World Health Organisation, there are 8 916 confirmed cases of the virus on the continent. via SABCNewsOnline So wat Not so long it was 24 dead people jiki jiki its 399🙄🤷♂️ something ain't right
Source: SABC News Online - 🏆 32. / 51 Read more »
South Africa confirms 11 deaths of COVID-19 - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.On Sunday the total number of confirmed COVID-19 cases stand at 1655, this is an increase of 70 from the previously reported cases. FlattenTheCurve 👇 Only now? You guys are really delayed hei 😳 👀👀just wish people would listen
Source: SABC News Online - 🏆 32. / 51 Read more »
Africa could lose 20 million jobs due to pandemic - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.About 20 million jobs are at risk in Africa as the continent’s economies are projected to shrink in 2020 due to the impact of the coronavirus pandemic, according an African Union (AU) study. U are part of the problem. You're proud to call this nonsense news... You know its blacks... mostly South Africans Thought there was no jobs nje 🤦♂️😥😥
Source: SABC News Online - 🏆 32. / 51 Read more »
US stocks rise on hopes of slowing coronavirus deathsDow, S&P and Nasdaq up more than 5% after a drop in the daily death toll in New York
Source: BDliveSA - 🏆 12. / 63 Read more »