Virus fears keep S&P 500, Dow subdued

Virus fears keep S&P 500, Dow subdued

The S&P 500 and Dow Jones indexes were muted at the open as coronavirus-related worries and simmering US-China tensions weighed on sentiment at the end of what is expected to be the S&P 500’s best quarter since 1998. The benchmark index has rebounded...
Virus fears keep S&P 500, Dow subdued

Copper hits 5-month high on Chile fears

Copper prices touched a five-month peak on Friday on growing fears that output will be disrupted in top producer Chile by worsening COVID-19 infections at mines. Chile’s Codelco, the world’s biggest copper miner, suspended refinery and foundry operations...
Virus fears keep S&P 500, Dow subdued

Copper up as supply fears trump outlook

Copper prices pushed higher overnight, bucking the shift to safe-haven assets in other financial markets, as a surge in coronavirus cases fuelled worries about mine shutdowns and shortages. Unionised mine workers in Chile demanded an investigation into the death of a...
Virus fears keep S&P 500, Dow subdued

Gold rises as virus spurs lockdown fears

Gold gained on Friday as a rise in coronavirus cases raised concerns of a second wave of the pandemic that could compel governments to implement new lockdowns. Spot gold was up 1.1 per cent to $US1,740.79 per ounce by 1803 GMT, while US gold futures settled 1.3 per...
Virus fears keep S&P 500, Dow subdued

US stocks dip amid virus resurgence fears

The S&P 500 has ended lower after an up-and-down session as investors weighed spiking cases of COVID-19 and Apple’s announcement of fresh store closures against anticipated stimulus and continued economic recovery. The S&P 500 ultimately settled in the...