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 slips amid new US virus surge

Wall Street’s major indexes have tumbled more than 2.0 per cent as several US states imposed business restrictions in response to a surge in coronavirus cases. Some US states that were spared the brunt of the initial coronavirus outbreak or moved early to lift...

Wall Street falls as virus cases surge

Wall Street’s major indexes have dropped as the United States set a new record for a one-day increase in coronavirus cases and bank stocks fell following the Federal Reserve’s move to cap shareholder payouts. The S&P 500 banks sub-index declined 3.9...

Wall St drops on sharp rise in virus cases

US stocks have slipped following Wall Street’s worst day in two weeks, as investors were unnerved by an alarming rise in new coronavirus cases and an elevated level of weekly jobless claims number. Data showed about 1.48 million people in the US signed up for...

Wall Street slides amid virus worries

Wall Street’s major indexes have fallen as investors weigh the risk to the domestic economy from rising coronavirus cases and a worsening forecast of the damage from the pandemic. The US state of Washington made face masks mandatory in public places while many...