Wall St rises on hopes for labour market

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 hopes for labour market

Oil market turmoil rattles metal investors

Industrial metals prices have fallen, with copper down more than 2.0 per cent as a collapse in oil prices rattled investors, pushing global stock markets lower and the dollar higher. Benchmark copper on the London Metal Exchange (LME) was 2.7 per cent lower at...
Wall St rises on hopes for labour market

Reasons for optimism for Australian market

Signs of a flattening coronavirus curve in Australia and higher oil prices could bolster the local share market as it resumes trading although US futures were pointing to an overnight drop on Wall Street. The session after the Easter holiday is always difficult to...
Wall St rises on hopes for labour market

Aussie market remains ‘sensitive’ to virus

The Australian share market could see a gain of 0.9 per cent at the start of trading on Monday, but the continuing volatility of the coronavirus pandemic means the market might not finish up that way. CommSec chief economist Craig James said the United States market...