Wall St flat amid recovery hopes, tensions

Wall St flat amid recovery hopes, tensions

US stocks have struggled for direction as investors weighed prospects of a post-pandemic economic recovery against protests across the country over race and an ongoing stand-off between officials in Washington DC and Beijing. US manufacturing activity eased off an...
Wall St flat amid recovery hopes, tensions

US shares dip on US-China tensions

The S&P 500 and Dow have slipped as investors were nervous ahead of a US response to China’s national security law on Hong Kong that threatens to take the shine off another month of strong gains for the stock market. US President Donald Trump, who has warned...
Wall St flat amid recovery hopes, tensions

Oil slides on US-China tensions

Oil futures tumbled overnight after US President Donald Trump said he was working on a strong response to China’s proposed security law in Hong Kong and as some traders doubted Russia’s commitment to deep production cuts. Russian President Vladimir Putin...
Wall St flat amid recovery hopes, tensions

Copper drops on renewed US-China tensions

Copper prices are lower on worries that renewed US-Chinese tensions will further damage a global economy already hit by the COVID-19 pandemic. Stock markets and oil also fell as investors feared the prospect of more protests in Hong Kong over tough new security laws...
Wall St flat amid recovery hopes, tensions

Oil down on China-US tensions

Oil prices have tumbled about 2 per cent on rising US-China tensions and doubts about how quickly fuel demand would recover from the coronavirus crisis. Fuel demand plummeted in recent months as the pandemic caused governments to impose restrictions on movement and...