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Added on the 19/03/2019 08:50:25 - Copyright : Wochit
Seoul, Apr 21 (EFE/EPA).- The benchmark South Korea Composite Stock Price Index (KOSPI) Wednesday plummeted 49.04 points, or 1.52 percent, to close at 3,171.66, ending its 6-day winning streak, following spike in global COVID-19 cases. (Camera: JEON HEON-KYUN)SHOT LIST: SOUTH KOREAN DEALERS WORK IN FRONT OF MONITORS AT THE HANA BANK IN SEOUL, SOUTH KOREA.
On Tuesday, global stocks jumped after Donald Trump authorized President-elect Joe Biden's presidential transition process to begin. On Monday, Trump took a significant step toward acknowledging the election result. However, Business Insider reports, he is still convinced he and his allies can continue to contest the outcome. Another key factor driving the boost is Biden's planned nomination for former Federal Reserve chair Janet Yellen as Treasury Secretary. AstraZeneca's vaccine is helping drive oil prices to their highest levels since March.
Major Wall Street indices finish down more than seven percent following an ugly session sparked by an oil prices crash and fears over the economic fallout from the coronavirus. IMAGES
Temperature reaches over 120 degrees Fahrenheit in Shymkent, Kazakhstan over the weekend - enough to make anyone scramble for cover. The weather was so hot that one man decided to have his breakfast al fresco, and scramble his eggs in the sun after the abnormal warmth heated the pan enough to cook with.
Michael Fassbender, Danny McBride, Katherine Waterston, Billy Crudup, Demian Bichir, Nathaniel Dean, Tess Haubrich, Uli Latukefu and Benjamin Rigby are at the red carpet premiere for their new film "Alien Covenant". They are talking about the film, meeting fans and giving a behind the scenes look on what it was like to make a film with Directing legend Ridley Scott.
The Dow Jones Industrial Average broke above 20,000 points at the New York Stock Exchange for the first time Wednesday morning, setting a new record on Wall Street. The second-oldest stock market index in the US nearly reached this landmark on two previous occasions before reaching the once evasive mark at the opening bell. At the trading day's closing bell, the index had set a record high of 20,068. The DJIA, also known as the Dow 30, measures the performance of the 30 largest publicly owned companies trading in the US. Apple, Goldman Sachs and ExxonMobil are among some of those companies.
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