Wall St gains on economic recovery hopes

US stocks have jumped about 1.0 per cent with the tech-heavy Nasdaq hovering near a fresh record high on hopes of a bounce back in post-pandemic economic activity, as investors shrugged off rising new COVID-19 cases in several US states. The Nasdaq opened above its...

Asia stocks extend rally on recovery hopes

Asian stocks have rallied for their ninth straight day and oil prices have jumped as the lifting of coronavirus lockdowns in many countries fed investor hopes of a relatively quick global economic recovery.The MSCI is up for the ninth straight session, its longest...

S&P, Dow extend rally on rebound hopes

Wall Street’s major indexes have risen, building on last week’s sharp gains after a surprisingly upbeat jobs report raised bets of a swift recovery from a coronavirus-driven downturn. Among the leading gainers on the S&P 500 were shares of cruise line...

Wall St gains on Boeing, recovery hopes

A jump in Boeing shares has lifted Wall Street, with investors remaining optimistic about an economic rebound from a coronavirus-led slump amid continuing social unrest in the country. Boeing rose 5.5 per cent and was the top boost to the blue-chip Dow Jones index...

Asian stocks set to gain on stimulus hopes

Asian stocks are poised to follow the global rally as hopes of more government stimulus bolstered riskier assets and overshadowed a host of other worries from the coronavirus to Hong Kong and growing US civil unrest. E-mini futures for the S&P 500 were up 0.3 per...