Description
Added on the 09/09/2015 11:28:56 - Copyright : Reuters EN
The closing bell rings at the New York Stock Exchange as Tesla and other tech shares roared back to life on Wall Street, powering higher after a period of weakness as Congress neared final passage of a $1.9 trillion economic aid package. IMAGES
On Friday, US stocks made gains as hopes for a peaceful transition to the Biden administration offset concerns about soaring COVID-19 cases. Business Insider reports S&P 500 closed at a record high. On Thursday Pres. Donald Trump said he'd hand over power when the Electoral College certifies President-elect Joe Biden as the winner of the 2020 election. The US reported 125,082 new coronavirus cases on Thursday. That brought the seven-day average to 163,831, according to the COVID Tracking Project. Deaths topped 254,000, and hospitalizations jumped above 90,000. The stock market's "fear gauge" fell as low as 19.51 on Friday, dropping amid low trading volumes to its lowest level since the pandemic began.
The opening bell rings at the New York Stock Exchange, with US stocks rebounding at the start of trading after the Federal Reserve launched an unprecedented bond-buying plan, the latest salvo in a global counter-attack against fallout from the coronavirus outbreak. IMAGES
Mixed messages from Asia - and a reminder of less recent risks - as a survey shows China's economy rebounding in the second quarter, but Japan factory orders at a three-year low. David Pollard reports.
Asian markets falling on Tuesday to multi-year lows alongside a global sell-off prompted by soft commodity prices and increased pressure from the slowing Chinese economy. Ryan Brooks reports.