Investors flee stocks, pile into bonds as COVID-19 surges; oil plunges
NEW YORK (Reuters) – Stocks on Wall Street fell as much as 2% on Monday, with the Dow posting its worst day in [...]
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COVID-19 surge drives down shares and bond yields; oil plunges
NEW YORK (Reuters) – Stocks on Wall Street fell around 2% on Monday, as a rise in worldwide coronavirus cases and deaths drove [...]
Tech shares buck trend as hawkish Fed weighs on global stock markets
WASHINGTON/LONDON (Reuters) – Wall Street was broadly under pressure on Thursday and European shares fell for the first time in two weeks on [...]
U.S. 10-year Treasuries borrowing rate in repo market goes negative, indicating stress
NEW YORK (Reuters) – The cost of borrowing U.S. 10-year Treasuries in the overnight repurchase, or repo market, went deeply negative on Thursday, [...]
Asian shares open higher as Fed's Powell nixes inflation fears
MIAMI (Reuters) – Asian stocks perked up on Thursday after U.S. Federal Reserve Chair Jerome Powell reaffirmed interest rates would stay low, calming [...]
S&P 500 rises briefly after Powell remarks; U.S. bond yields fall
NEW YORK (Reuters) – The S&P 500 rose briefly Wednesday after Federal Reserve Chair Jerome Powell called for a more comprehensive approach to [...]
Hungary's 2021 economic rebound hinges on COVID vaccine: finance minister
BUDAPEST (Reuters) – Hungary’s economy will struggle to grow next year if a coronavirus vaccine is not found, finance minister Mihaly Varga said [...]