Page 39 - Tim Ghriskey News Today

SHANGHAI/NEW YORK — Asian shares edged up near record highs on Friday after U.S. President-elect Joe Biden proposed a $1.9 trillion stimulus plan to jump-start…

Stock and oil prices fell on Friday, pressured by intensifying lockdowns and weak U.S. retail sales data, while the dollar was on track to post its strongest week in over two months.

Rising COVID cases in China spook investors hoping for rapid economic rebound despite big US spending plan by Biden.

The gains in Asia followed a late dip on Wall Street on Thursday

LONDON/SHANGHAI — Global shares stumbled on Friday as hopes of a fiscal boost provided by a $1.9 trillion U.S. stimulus plan were smothered by the prospect of…

Asian shares edged up near record highs on Friday after U.S. President-elect Joe Biden proposed a $1.9 trillion stimulus plan to jump-start the world's largest economy and accelerate its response to COVID-19.

Stocks and oil prices fell on Friday pressured by intensifying lockdowns and weak U.S. retail sales data, while the dollar was on track to post its strongest week in over two months.

Scenes of supporters of U.S. President Donald Trump storming the Capitol building to undo Trump’s election loss shocked the world on Wednesday, but most investors viewed the unrest as a short-term event that was unlikely to have a lasting impact on asset prices.

The Dow Jones Industrial Average closed 437.8 points higher, or 1.44%, to 30,829.4, the S&P 500 gained 21.28 points, or 0.57%, to 3,748.14 and the Nasdaq Composite dropped 78.17 points, or 0.61%, to 12,740.79., , dow jones industrial average, donald trump, joe biden

The Dow set a new record on Wednesday, even as supporters of President Donald Trump stormed the U.S. Capitol sending Congress into lockdown. The Dow Jones Industrial average ended the session up 437.8 points, or 1.44 percent, at 30,829.40, a record close even after paring some gains while the chaos unfolded in DC. The rally lost momentum after protesters broke through Capitol barricades and entered the building following clashes with police, and both chambers of Congress abruptly recessed as ...