Wednesday, 15 July 2020 23:21 WIB
Stocks rose Wednesday on the back of positive vaccine news from Moderna and a blowout quarter from Goldman Sachs.
The Dow Jones Industrial Average traded 131 points higher, or 0.5%. The S&P 500 gained 0.4%. The Nasdaq Composite lagged, however, falling, 0.2% as Amazon, Netflix and Alphabet all slid at least 1%. The Dow and S&P 500 were off their session highs as well.
Data published by...
Thursday, 9 July 2020 19:43 WIB
Applications for unemployment benefits in the U.S. declined last week by more than projected, easing concerns of a renewed downturn in the labor market after several large states reported a pickup in coronavirus cases.
Initial jobless claims in regular state programs fell by 99,000 to 1.31 million in the week ended July 4, Labor Department data showed Thursday. The median forecast in...
Thursday, 16 July 2020 01:48 WIB
Oil prices rose more than 2% on Wednesday, supported by a sharp drop in U.S. crude inventories, but further gains were limited as OPEC and its allies are set to ease supply curbs from August as the global economy gradually recovers from the coronavirus pandemic.
Brent crude was up 75 cents, or 1.75%, at $43.65 a barrel, and West Texas Intermediate crude rose 91 cents, or 2.26%, to settle at...