Category: Trading

November 25, 2020

The Federal Reserve could provide clues about its bond buying program when it releases its minutes Wednesday, but the odds the central bank takes action at its December meeting have fallen slightly with the expected nomination of Janet Yellen as […]

November 10, 2020

Global stocks and U.S. futures rose for second day Tuesday on hopes for progress toward a possible coronavirus vaccine that might allow the world to revive manufacturing, shopping and normal life. Market benchmarks in London, Frankfurt and Tokyo advanced while […]

November 9, 2020

Stock futures on Wall Street surged on Monday after Pfizer said its vaccine was 90 percent effective in protecting people against Covid-19. U.S-based pharmaceutical giant Pfizer and German biotech firm BioNTech made the announcement Monday morning, citing data from their […]

November 6, 2020

Wall Street’s best week since April is taking its first breather on Friday, and stocks are slipping following their big rally on enthusiasm about the upside of potential gridlock in Washington. Optimism was still pumping through other areas of the […]

November 5, 2020

U.S. futures and world shares surged on Thursday as investors awaited the outcome of the U.S. presidential election and embraced the upside of more gridlock in Washington. European markets opened higher after a day of gains in Asia, while the […]

November 4, 2020

The ongoing feud between China and Australia reached a new pitch this week with Chinese ports reportedly blocking a growing list of Australian imports worth some $4 billion. Last weekend, China’s customs agency banned imports of timber from Queensland, claiming […]

November 2, 2020

How is Wall Street positioned for the election? Even Wall Street isn’t sure. For most of October, “buy the stimulus trade” was the main idea on Wall Street. After all, polls showed odds were good for a Biden victory that […]

October 28, 2020

The stock market rout continued Wednesday, deepening this week’s losses on concerns that rising numbers of coronavirus infections in the U.S. and Europe will push governments to bring back restrictions on businesses. The Dow Jones industrial average tumbled 800 points, […]

October 26, 2020

Stock-index futures slumped Monday as the number of daily U.S. COVID-19 infections hit a record at the end of last week and a final agreement on a new round of aid to the economy remained elusive. What are major benchmarks […]

October 23, 2020

World shares and U.S. futures advanced Friday after President Donald Trump and his challenger, former Vice President Joe Biden, faced off in their second and final debate before the Nov. 3 election. Stocks rose Friday in Paris, London and Tokyo […]