Thursday, 27 February 2020 23:52 WIB
European stocks closed sharply lower Thursday as the rapid spread of the coronavirus weighed heavily on market sentiment.
The pan-European Stoxx 600 closed 3.6% lower provisionally at 389.89 , officially entering correction territory as it was off more than 10% from its record high notched on Feb. 19 last year.
The spread of the coronavirus ” which has now infected more than 81,000 people...
Tuesday, 25 February 2020 22:17 WIB
U.S. consumer confidence edged up to the best level in six months on an improvement in expectations, signaling that solid employment and cheap fuel are helping Americans look past concerns about the spread of the coronavirus.
The Conference Board™s reading increased to 130.7 from a downwardly revised 130.4 in January, according to data from the New York-based group Tuesday that fell...
Friday, 28 February 2020 02:54 WIB
Oil futures fell on Thursday, with U.S. prices marking a fifth straight session decline and settling at their lowest since January 2019 as energy demand concerns following the spread of COVID-19 continued to weigh on the market.
April West Texas Intermediate oil fell $1.64, or 3.4%, to settle at $47.09 barrel on the New York Mercantile Exchange. That was the lowest front-month contract finish...