European stocks inched higher while investors retreated into bonds, with the global coronavirus situation worsening and the vaccine rollout being hampered by safety concerns.
The virus concerns come as the U.S. reached the milestone of having more than half its adult population receiving at least one dose. The European vaccination campaign also is ramping higher after a slow start. “The further decrease in U.S. yields last week shows that the bar for a continued selloff has been raised,” said analysts at Generali Investments, the fund management arm of the Italian insurer. U.S. economic data released last week showed a strong recovery, with retail sales rising nearly 10% in March.
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.
European stocks and U.S. equity futures mixed after records, with commodity stocks in the leadThe week was kicking off with gains for the Stoxx Europe 600, which was aiming at a fresh record, though slightly more cautious. U.S. futures were mixed,...
Source: MarketWatch - 🏆 3. / 97 Read more »
European stocks rebound as earnings roll in, with U.S. equity futures on the riseMarkets were rebounding from a selloff seen on Tuesday, triggered by fears over rising U.S. interest rates. A bevy of companies reported in Europe. 95% only bad news(
Source: MarketWatch - 🏆 3. / 97 Read more »
European stocks turn lower as focus turns to U.S. jobs reportGood morning. ☕ 🇺🇸 U.S. stock futures just slightly higher 🍺 Anheuser-Busch InBev up in Brussels after Q1 report, CEO succession 💉 Vaccine makers lower as U.S. supports intellectual-property waivers Good morning ☀️
Source: MarketWatch - 🏆 3. / 97 Read more »
Stocks slip after Federal Reserve leaves rates unchangedMajor U.S. stock indexes ended slightly lower on Wall Street after the Federal Reserve left its key interest rate near zero.
Source: latimes - 🏆 11. / 82 Read more »
Nike And Facebook Among The Top 5 Trending Stocks For MayQ.ai runs daily factor models to get the most up-to-date readings on stocks and ETFs. And our deep-learning algorithms have dug the details on the top trending stocks for May, including Nike and Facebook. Ups 📈 More good news please(((
Source: Forbes - 🏆 394. / 53 Read more »
Nasdaq erases 2% loss as tech stocks rebound from morning washoutTech shares rebounded in the afternoon as investors went back into names like Amazon and Netflix and left the rest of the market in the red.
Source: CNBC - 🏆 12. / 72 Read more »