Wall St rises on easing China-US tensions

Wall St rises on easing China-US tensions

US stock markets have gained after data showed the economy lost fewer jobs in April than feared due to the coronavirus crisis, adding to optimism from an easing in friction between officials in Washington DC and Beijing. All the 11 S&P sectors were trading higher,...
Wall St rises on easing China-US tensions

Oil rises, but ends wild week lower

Oil prices climbed in the final session of the week bringing an end to another week of losses that featured the US contract plunging to minus $US40 a barrel, as global production cuts could not keep pace with the collapse in demand caused by the coronavirus pandemic....
Wall St rises on easing China-US tensions

Wall St rises on hopes for labour market

Wall Street has gained as jobless claims declined for the third straight week, raising hopes the worst of the coronavirus pandemic’s impact on the labour market might be over, but a crash in business activity dulled sentiment. New data shows 4.43 million...
Wall St rises on easing China-US tensions

Wall St rises on latest Fed rescue program

Wall Street has closed out the trading week on a high note as the US Federal Reserve unleashed another program designed to buoy local governments and businesses crushed by massive closures to stem the coronavirus outbreak. The benchmark S&P 500 index posted it...
Wall St rises on easing China-US tensions

Copper rises on hopes of slowing pandemic

Copper prices surged to their highest in nearly three weeks on some signs that the coronavirus pandemic may be slowing and on hopes that heavy bouts of stimulus will repair economic damage. Some analysts were wary, however, of the rally that swept industrial metals...