Wall St flat amid recovery hopes, tensions

US stocks have struggled for direction as investors weighed prospects of a post-pandemic economic recovery against protests across the country over race and an ongoing stand-off between officials in Washington DC and Beijing. US manufacturing activity eased off an...

Copper gains on China stimulus hopes

Expectations of economic stimulus from top consumer China has spurred buying of copper, while mounting US-China tensions capped the upside. US President Donald Trump on Friday said his administration will begin to eliminate special treatment for Hong Kong in response...

S&P 500 tops 3000 on hopes for economy

US stocks have jumped and the S&P 500 has breached 3000 points as optimism about a potential coronavirus vaccine and a revival in business activity helped investors overlook simmering Sino-US tensions. The benchmark index traded above the key psychological level...

Copper hits two-month high on China hopes

Copper prices hit a two-month high overnight ahead of a Chinese government meeting this week expected to boost demand with pledges of higher spending on infrastructure, and on hopes for a global economic recovery. The Chinese government typically announces new plans...

ASX to edge higher on recovery hopes

Investors are likely to see gains in early trading on the Australian share market and will be hoping the main indexes can finish higher for a fifth consecutive day. The SPI 200 futures contract was higher by 36 points, or 0.65 per cent, to 5,064.0 at 0700 AEST on...