Virus fears keep S&P 500, Dow subdued

The S&P 500 and Dow Jones indexes were muted at the open as coronavirus-related worries and simmering US-China tensions weighed on sentiment at the end of what is expected to be the S&P 500’s best quarter since 1998. The benchmark index has rebounded...

Employment pick up after virus shock

Employment is continuing to pick up gradually after the huge losses caused by coronavirus lockdowns, recovering around 30 per cent of the jobs initially shed. Data from the Australian Bureau of Statistics on Tuesday showed total payroll jobs increased 1.0 per cent...

Consumer sentiment dips on virus case rise

Consumer confidence has deteriorated in the last week on worried that social restrictions could return following the spike in coronavirus cases in Victoria. The ANZ-Roy Morgan Australian Consumer Confidence survey dropped 4.6 per cent to 93 points, the biggest weekly...

Copper rises as virus affects Chile supply

Supply disruption in top producer Chile, solid demand in top consumer China and dwindling stockpiles kept copper prices near five-month highs on Monday. Benchmark copper on the London Metal Exchange (LME) was up 0.1 per cent at $US5,963 a tonne at 1615 GMT, close to...

Asian stocks slip as virus cases surge

Asian share markets have had a shaky start as the relentless spread of the coronavirus finally made investors question their optimism on the global economy, benefiting safe harbour bonds and the US dollar. MSCI’s broadest index of Asia-Pacific shares outside...