Tuesday, 26 May 2020 16:23 WIB
Stock futures traded sharply higher early Tuesday to begin a holiday-shortened week, as optimism grew about a potential coronavirus vaccine.
Futures on the Dow Jones Industrial Average pointed to an implied opening gain of more than 550 points. S&P 500 and Nasdaq 100 futures also pointed to solid gains at the open. Trading volumes remained thin in overnight action. U.S. markets were closed...
Friday, 22 May 2020 13:44 WIB
A nationwide lockdown due to the coronavirus outbreak triggered a record fall in U.K. retail sales in April, the Office for National Statistics reported Friday.
The volume of sales fell 18.1% in April on the year, the biggest monthly drop on record, following a slide of 5.2% in March. All sectors saw a monthly decline in volume sales except for a record rise in sales for non-store retailing of...
Tuesday, 26 May 2020 15:22 WIB
The euro got a boost on Tuesday from a weaker dollar as growing optimism about a global recovery from the COVID-19 pandemic supported riskier currencies.
The moves, however, lacked the exuberance of the equities market as Sino-U.S. tensions kept the mood in check.
The euro was last up 0.4% at $1.0935, while the dollar was down by 0.2% against a basket of currencies at 99.50.
The mood among...