US equities post weekly losses amid COVID concerns
US equities declined in the week as market sentiment was dampened amid uncertainty over the country’s additional fiscal stimulus and soaring COVID-19 cases.
| 14 Dec 2020 4:43 AM GMT
NEW YORK: US equities declined in the week as market sentiment was dampened amid uncertainty over the country s additional fiscal stimulus and soaring COVID-19 cases.
For the week ending on Friday, the Dow and S&P 500 lost 0.6 per cent and 1 per cent, respectively, while the Nasdaq fell 0.7 per cent.
The S&P US Listed China 50 index, which is designed to track the performance of the 50 largest Chinese companies listed on US exchanges by total market cap, logged a weekly rise of 0.5 per cent.
US equities post weekly losses amid Covid concerns
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