Shares to slip early on virus rise in US

Shares are expected to fall in early trade on the ASX after rising coronavirus cases in parts of the US and China caused major markets to drop. The Australian SPI 200 futures contract was lower by 36 points, or 0.60 per cent, to 5,972.0 at 0700 AEST on Thursday,...

US shares flat after three-day rally

The S&P 500 and the Dow have opened largely flat as a record rise in coronavirus cases in six US states dented sentiment following a three-day rally on hopes of a swift recovery from a coronavirus-driven downturn. Arizona, Florida and Oklahoma were among the...

Asian shares jump, yields rise

Asian shares and Wall Street futures have rallied as the start of the Federal Reserve’s corporate bond buying program boosted global investor sentiment and calmed earlier worries about a second wave of coronavirus infections. MSCI’s broadest index of...

Wall Street rebounds as tech shares lead

Wall Street’s main indexes have jumped, recouping about half of the previous session’s sharp losses, but were still on track for their worst week in nearly three months on fears of a rise in new coronavirus infections and economic worries. All the major...

Global shares, oil slump amid virus fears

A slump in global shares has extended to its fourth day running and oil has tumbled over growing concerns a resurgence of coronavirus infections could stunt the pace of recovery from lockdowns. MSCI’s 49-country index of world stocks on Friday slipped 0.5 per...