Wall St up, investors pin hope on stimulus

Wall St up, investors pin hope on stimulus

Wall Street’s main indexes have inched up following a sharp sell-off last week, as investors cling to hopes of a stimulus-backed economic rebound even as coronavirus cases surge, while a jump in Boeing shares boosted the blue-chip Dow. The planemaker rose 7.3...
Wall St up, investors pin hope on stimulus

Gold up as investors bet on dovish Fed

Gold rose overnight after the previous session’s steep fall, boosted by hopes of dovish monetary policy from the US Federal Reserve. Spot gold rose 0.7 per cent to $US1,696.79 per ounce by 1753 GMT. US gold futures settled up 1.3 per cent at $US1,705.1....
Wall St up, investors pin hope on stimulus

Gold falls as investors bank on cash

Gold fell more than 1 per cent overnight as investors booked profits from recent rallies and some switched to the safety of cash driven by growing US-China trade tensions and doubts about an economic recovery. Spot gold was down 1.5 per cent to $US1,722.78 per ounce...
Wall St up, investors pin hope on stimulus

Wall St rises as investors eye recovery

Wall Street’s main indexes have surged and the Nasdaq has hit a three-month high as investors clung to hopes of a recovery from a coronavirus-fuelled slump amid signs of more stimulus for ailing sectors. The tech-heavy index, now about 5.0 per cent below its...