US political scrapping weighing on market sentiment
US stocks rose last week and the Nasdaq Composite hit a new record high as job losses slowed and a second round of stimulus hung in the balance.
A tale of two markets: tech versus travel and retail
IT'S a tale of two markets as global technology companies thrive in the pandemic era while travel companies and retailers cling on for dear life.
Renewed US-China tensions keep investors on edge
US STOCKS retreated slightly last week, as a historic rally showed signs of cracking under the weight of unemployment data and tensions over US-China relations.
Earnings, virus news to dictate direction of stock prices
US stocks rose slightly last week as a vaccine breakthrough boosted hopes that the world could return to normal.
Positive developments in Covid-19 treatment lift stocks
US STOCKS rose last week in stormy trade, as hopes for a coronavirus treatment eased fears about the course of American efforts to reopen the economy.
Second virus wave to weigh on US stock market again
US stocks rose last week, completing the strongest quarterly gains since 1998 for the Standard & Poor's 500, as investors tune out everything except the "V-shape" on economic-data charts.
More US virus cases could cause second bear market wave
US stocks fell on another violently volatile week as the three most populous American states saw Covid-19 infections shoot up and jeopardise the rapid economic recovery.
US stocks on knife edge over Covid-19 concerns
US STOCKS rose slightly on a week that saw erratic swings in risk appetite and a resurgence in American cases of Covid-19.
Fearless day traders could power US stock market
A SECOND wave of the Covid-19 pandemic is hitting some US states, but strategists are divided on whether this could cause yet another novel coronavirus crash in the stock market.
US stocks may see more upside on jobs data
US stocks could see more gains this week if economic data backs up signs of a recovery, after employment surprisingly rose by 2.5 million in May and the jobless rate fell to 13.3 per cent.
Stocks' rise may go on with Fed support despite 'madness'
US stocks rose during a bewildering week when the market's typically split personality seemed to morph into multiple personality disorder.
Investors return to walking on eggshells
INVESTORS start this week walking on eggshells, awaiting more updates from pandemic reopening efforts and the latest skirmishes between the world's two leading economic powers.
US stock market volatile but stays at elevated levels
US STOCKS fell last week after stark warnings from the country's infectious diseases expert Anthony Fauci about the risks of the US economy's reopening and unexpected salvos in the US-China trade war.
Jobs data, earnings reports could break bull-bear tug-of-war tie
THE tug-of-war between the bulls and the bears is currently tied after a strong month ended on a weak note, but jobs data and earnings reports this week could break the tie.
Anti-viral drug and oil hold the key to market's recovery
US stocks fell slightly last week giving back some of the largest two-week gains since the 1930s, after an oil crash threatened to complicate efforts to get the global economy back on an even keel in the wake of the novel coronavirus lockdown.
Global stock rally may falter if re-openings face hitches
GLOBAL stocks have re-entered a bull market on hopes that the world economy is starting to emerge from its chrysalis, but the bull could wobble this week if reopening plans in Germany, Texas and elsewhere hit any hitches. The Dow Jones Industrial Average completed its biggest two-week gain in...
Volatile week ahead as hopes over virus wax and wane
US stocks had their biggest gains in 46 years last week, and the broad Standard & Poor's 500 re-entered bull-market territory as signs of a peak in Covid-19 cases in New York and parts of Europe stirred hopes that life could gradually return to normal.
US stimulus package a start but more needed: analysts
THE US$2 trillion stimulus package and unbounded US Federal Reserve monetary support looked big until weighed against last week's death toll and jobless data.
Stock market's massive rebound may not last amid dire economic slowdown, analysts warn
US AUTHORITIES have aimed their bazooka at the coronavirus-stricken economy, but last week's historic rally may fade in the coming days as investors discover whether conventional economic weapons work against an unpredictable virus.
Stocks, corporate bond recovery only when cash scramble ends
AS the Covid-19 death toll mounted worldwide last week, the US economy ground to a sudden halt, causing a historic stock-market crash and the beginnings of a credit crisis.
Market's fortunes rest on Covid-19 infection rate
US stocks crashed last week, ending an 11-year bull run as the coronavirus pandemic went worldwide and the Dow Jones Industrial Average fell 10 per cent on a single session - the steepest drop since Black Monday, 1987.
Fear of fear grips markets as spread of outbreak shows no sign of slowing
THE week saw one of the fastest stock-market corrections in history. It could also lead to the fastest bear market, unless economic-stimulus measures can do what central bank stimulus could not - tamp down fear of the coronavirus epidemic.
Attention will be on central banks' actions amid outbreak jitters
THE physical contagion of the novel coronavirus has reached the stock market as the psychological contagion of fear. It's not clear, however, when a cure for either will surface.
US feels the ripple effects of Covid-19 as indexes dip
BULLS and bears are grappling over a question that may decide the fate of the stockmarket expansion: Can medical authorities around the world contain an epidemic before it causes a lasting economic slowdown?
Momentum and an accommodative Fed seen keeping 2020 rally going
US STOCKS rose last week as ebullience and momentum persisted despite a drastic revision of the scale of the ongoing Covid-19 outbreak.