July 06, 2020, Monday.

Oil prices mixed as coronavirus spike casts shadow over US demand.

OPEC and allies including Russia, collectively known as OPEC+, have pledged to slash production by a record 9.7 million barrels .

July 03, 2020, Friday.

Oil rises on positive US economic data; Covid-19 concerns limit gains.

New Covid-19 cases in the United States rose by nearly 50,000 on Wednesday.

July 02, 2020, Thursday.

Wall Street jumps at open on strong US jobs report; Nasdaq hits record high.

The Dow Jones Industrial Average rose 201.48 points, or 0.78%, at the open to 25,936.45.

July 02, 2020, Thursday.

Opec cuts output to lowest since 1991 as coronavirus slams oil demand.

The Organization of Petroleum Exporting Countries cut production by 1.93 million barrels a day to 22.69 million a day last month, .

July 01, 2020, Wednesday.

Oil rises after sharp fall in US crude inventories indicating demand rise.

Oil prices rose after an industry report showed crude inventories in the US fell much more than expected, suggesting demand is .

June 30, 2020, Tuesday.

Oil prices slip as weak Japan data exposes market jitters over weak demand.

Brent crude futures for September fell 32 cents, or 0.8%, to $41.53 a barrel, paring Monday’s 92-cent gain.

June 29, 2020, Monday.

OPEC has cut oil output by 1.25 mbpd in June, says Petro-Logistics.

OPEC has cut oil output in June as it works to implement a supply restraint agreement with Russia and other allies, according to .

June 29, 2020, Monday.

Chinese firms take record 50% of global equity raised in first half of 2020.

China-based companies sold shares worth $32.1 billion in January-June including multi-billion-dollar secondary listings in Hong .

June 26, 2020, Friday.

European stocks end higher as mood improves, Lufthansa jumps over 7%

The pan-European STOXX 600 closed up 0.7% after a choppy session with automakers, financial services, banks and insurers the top .

June 25, 2020, Thursday.

IMF projects global economy to shrink by 4.9% this year over Covid-19.

The International Monetary Fund has sharply lowered its forecast for global growth this year because it envisions far more severe .

June 22, 2020, Monday.

Tech stocks lift Wall Street as worries over rising coronavirus cases mount.

The World Health Organization reported a record rise in global coronavirus cases on Sunday, driving demand for perceived .

June 19, 2020, Friday.

Wall Street rallies on hopes of economic recovery; S&P up over 1%

The S&P 500 is on pace to finish the week with a 3.5 per cent gain, which would be its fourth in the last five weeks.

June 17, 2020, Wednesday.

Wall Street jumps on glimmers of economic recovery; Dow, S&P rise over 2%

All three major US stock indexes were sharply higher, and on course for their third consecutive daily gains.

June 15, 2020, Monday.

Wall Street mixed as investors weigh spike in virus cases; Dow trades flat.

Battered shares of US airlines, casino operators and cruise operators slipped after attempting a rebound in recent weeks.

June 13, 2020, Saturday.

After jolt, investors still see stocks as long-term bet amid Covid-19 risks.

Stocks opened sharply higher on Friday, but then lost those gains by mid-afternoon.

June 11, 2020, Thursday.

Dow Jones plunges over 6% on fears of new virus wave, Fed’s outlook.

Wall Street plunges to close with biggest one-day loss since March 16.

June 10, 2020, Wednesday.

Fed keeps key rate at zero, projects 6.5% decline in US GDP this year.

The pledge to keep monetary policy loose until the US economy is back on track repeats a promise made early in the central bank’s .

June 10, 2020, Wednesday.

S&P 500, Dow Jones slip ahead of Fed outlook; Nasdaq scales fresh high.

The tech-heavy Nasdaq, by contrast, hit a record high for the fourth straight session, with gains for Apple Inc, Inc .

June 08, 2020, Monday.

Emerging-market rally seen unstoppable as traders turn to Powell.

JPMorgan’s measure of implied volatility for EM currencies had its biggest weekly drop since 2011.

June 04, 2020, Thursday.

Global stock mkts continue to rise as economies reopen after Covid lockdown.

Asian indices closed higher and European markets were up in midday trading, while Wall Street futures pointed to gains on the .

July 04, 2020, Saturday.

Oil falls below $43 a bbl on Covid-19 surge but headed for a weekly gain.

OPEC oil production fell to its lowest in decades in June and Russian production dropped to near its OPEC+ target.

July 02, 2020, Thursday.

Lemonade makes a dream debut, soars 73% on demand for new listings.

The company’s shares opened at $50.06 on the New York Stock Exchange.

July 02, 2020, Thursday.

Goldman Sachs sees oil demand returning to pre-coronavirus levels by 2022.

Demand is expected to fall by 8% this year, before rebounding 6% in 2021, the bank said.

July 01, 2020, Wednesday.

S&P, Nasdaq higher on Covid-19 vaccine hopes, improving economic data.

A Covid-19 vaccine developed by Pfizer Inc and German biotech firm BioNTech showed promise and was found to be well tolerated in .

June 30, 2020, Tuesday.

Nasdaq’s $1.2 trillion biotech index draws Europe’s Covid-19 drug hunters.

Spain’s Pharma Mar is looking at listing on New York’s Nasdaq market, joining a flurry of biotech companies aiming to tap .

June 29, 2020, Monday.

Wall Street opens higher on hopes of stimulus, decline in Covid-19 cases.

The Dow Jones Industrial Average rose 136.90 points, or 0.55%, to 25,152.45 at the open.

June 29, 2020, Monday.

Crude oil price slide on sharp uptick in coronavirus cases globally.

Brent crude dropped 84 cents, or 2%, to $40.18 a barrel by 0833 GMT, and U.S. crude fell 72 cents, or 1.8%, to $37.77.

June 27, 2020, Saturday.

Oil price settles lower on rise in new coronavirus cases in US and China.

The global economic outlook has also worsened or at best stayed about the same in the past month.

June 25, 2020, Thursday.

Oil slips below $40 a barrel on record US crude inventories, Covid-19 fears.

Investors are waiting to see if the producers, known as OPEC+, extend their record cut beyond July.

June 23, 2020, Tuesday.

Wall Street gains on signs of economic recovery, Nasdaq hits record high.

The upbeat data on manufacturing and services sectors follows similar surveys from Europe earlier in the day as businesses .

June 20, 2020, Saturday.

Several US states see coronavirus infection spikes, Wall Street unnerved.

More than 119,000 Americans have perished from Covid-19 to date, according to Reuters’ running tally.

June 18, 2020, Thursday.

S&P closes marginally lower as new Covid-19 cases surge; Dow falls 177 pts.

The S&P 500 and the Dow reversed earlier gains and snapped a three-day winning streak. Tech shares led the Nasdaq into the black.

June 16, 2020, Tuesday.

Oil prices rise as supply cut hopes outweigh Covid-19 resurgence fears.

Coronavirus cases rose to more than 8 million worldwide by Monday, with infections surging in Latin America.

June 15, 2020, Monday.

Gold steady as second Covid-19 wave fears in Beijing weigh on risky assets.

Spot gold was steady at $1,729.40 per ounce. US gold futures eased 0.1% to $1,734.90.

June 12, 2020, Friday.

Wall Street opens higher after previous session’s big rout; Dow up over 2%

The Dow Jones Industrial Average rose 531.25 points, or 2.11%, at the open to 25,659.42.

June 11, 2020, Thursday.

S&P 500 turns positive as Fed pledges support; Nasdaq rises over 1%

The S&P 500 was off as much as 0.8 per cent before the Fed statement.

June 10, 2020, Wednesday.

Oil slides below $41 a barrel as US inventory rise revives glut worries.

Crude stocks rose by 5.7 million barrels in the week to June 5 to 538.1 million barrels, according to a report from the USEnergy .

June 08, 2020, Monday.

Nasdaq hits new record on swift economic recovery hopes; Dow up 220 points.

The benchmark S&P 500 and the Dow are now 5.5% and 7.4% away from their respective closing highs, after surging more than 45% .

June 05, 2020, Friday.

OPEC+ to meet Saturday on extending cuts, push Iraq and Nigeria to comply.

The producers known as OPEC+ previously agreed to cut supply by 9.7 million barrels per day (bpd) during May and June to prop up .

June 03, 2020, Wednesday.

Oil pips $40 for first time since March on OPEC cuts, demand recovery seen.

Brent has more than doubled after hitting a 21-year low below $16 in April, when U.S. crude went negative.


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