GAFA Tech Giants Provide a Boost to US Stocks
US stocks opened the week higher after closing the previous week on a negative note. as investors braced for the busiest week of earnings, while keeping an eye on discussing around the covid-19 rescue program. Positive news regarding progress on
US Stocks in the Red with Traders Shrugging Off Positive Covid-19 Vaccine News Amid Flaring US-China Tensions
US stocks had started last week on a positive note, with the Nasdaq notching a record close on Monday, as markets enthusiastically awaited quarterly results from major companies. Investors rejoiced positive news related to coronavirus vaccine candidates. AstraZeneca and the
Wall Street Remains Volatile as Vaccine Optimism Gets Dampened by Rising Infections
US stocks started the week on a strong note on Monday last week, as investors cheered news of positive trial results for covid-19 vaccine candidates. Pfizer reported that two of its vaccine candidates had been awarded FDA’s Fast Track designation.
Nasdaq Hits New Highs Amid Record Surge in Covid-19 Infections
US stocks started the week on a positive note after China’s blue-chip stocks surged to multi-year highs. As coronavirus cases continued to rise in various states in the US and other parts of the world, tech stocks climbed, taking the
US Stocks Rebound on Covid-19 Vaccine Hopes and Jobs Data
US markets started the week on a positive note despite a spike in new coronavirus cases. Various states in the US, including Texas and Florida, have reversed their reopening measures after witnessing a record rise in cases last week, including
Record Rise in US Covid-19 Cases Infects Financial Markets
US markets ended at their lowest level in around two weeks on Friday, with concerns around the record rise in new infections. Wall Street was looking to extend the previous week’s rally, but failed to build on gains as various