Category: Finance Tech

October 19, 2020

U.S. stocks rose on Monday as investors hoped for a stimulus deal from Washington, although a rising number of Covid-19 cases dampened sentiment. The Dow Jones Industrial Average traded 30 points higher, or 0.1%, while the S&P 500 gained 0.2% […]

October 16, 2020

It’s time to prepare for a no-trade-deal Brexit, U.K. Prime Minister Boris Johnson said Friday, just hours after the country’s biggest grocer warned of potential food shortages if there is disruption after the Brexit transition period ends. Johnson’s announcement heralds […]

October 14, 2020

On Tuesday, data from China’s General Administration of Customs showed a surge in imports and exports in September, with 13.2% and 9.9% growth year on year, respectively. The strong uptick shows how Beijing is navigating the politics of a post-pandemic […]

October 13, 2020

U.S. stocks traded slightly lower early Tuesday as investors parsed earnings from some of the biggest financial institutions, to start the third-quarter reporting season. Wall Street participants also were watching a number of corporate events, including the start of Amazon’s […]

October 12, 2020

Stocks are starting higher on Wall Street as investors brace for the beginning of quarterly earnings reports from US companies, which get underway this week. The S&P 500 is up 0.7% in the first few minutes of trading Monday, while […]

October 12, 2020

The dollar may tumble to its lows of 2018 on the rising likelihood of Joe Biden winning the U.S. election and progress on a coronavirus vaccine, according to Goldman Sachs Group Inc. “The risks are skewed toward dollar weakness, and […]

October 9, 2020

Some are calling it “a la carte stimulus,” with aid for airlines in Column A, PPP aid in Column B. Whatever it is, hopes for stimulus — preelection, postelection, comprehensive package, stand-alone deal, whatever and whenever — is supporting breakouts […]

October 8, 2020

Gold rose Thursday to stage a partial rebound from a more than one-week low a day earlier, buoyed by optimism over the renewed prospects for some sort of U.S fiscal stimulus. Prices held onto their gains after data on Thursday […]

October 8, 2020

IBM (IBM) – IBM said it would spin off the managed infrastructure services unit of its global technology services division into a separate public company, to allow it to focus on its hybrid cloud growth strategy. The spin-off will be […]

October 6, 2020

Gold futures finished lower on Tuesday, a day after settling at their highest in just over two weeks on the heels of a weaker U.S. dollar. Investors continued to keep an eye on the moves in the dollar, as well […]