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...

Copper hits 5-month high on Chile fears

Copper prices touched a five-month peak on Friday on growing fears that output will be disrupted in top producer Chile by worsening COVID-19 infections at mines. Chile’s Codelco, the world’s biggest copper miner, suspended refinery and foundry operations...

Copper up as supply fears trump outlook

Copper prices pushed higher overnight, bucking the shift to safe-haven assets in other financial markets, as a surge in coronavirus cases fuelled worries about mine shutdowns and shortages. Unionised mine workers in Chile demanded an investigation into the death of a...

Gold rises as virus spurs lockdown fears

Gold gained on Friday as a rise in coronavirus cases raised concerns of a second wave of the pandemic that could compel governments to implement new lockdowns. Spot gold was up 1.1 per cent to $US1,740.79 per ounce by 1803 GMT, while US gold futures settled 1.3 per...

US stocks dip amid virus resurgence fears

The S&P 500 has ended lower after an up-and-down session as investors weighed spiking cases of COVID-19 and Apple’s announcement of fresh store closures against anticipated stimulus and continued economic recovery. The S&P 500 ultimately settled in the...