U.S. stocks fall for fourth day; dollar weakens
Bloomberg News VIDEO SIGN OUT
U.S. stocks fell for a fourth day as investors assessed the prospects for a federal spending package and the likelihood for further virus-related economic restrictions.
The S&P 500 Index capped its longest slide since September and is 1.5 per cent below its Dec. 8 record. Drugmakers les the Nasdaq 100 Index higher after Alexion Pharmaceuticals Inc. agreed to be bought by AstraZeneca Plc. Energy producers tumbled after after OPEC cut its demand forecast. Oil was lower most of the day before reversing. The dollar extended its slump with Treasuries. Brazilâs Ibovespa Index erased losses for the year.
Dec 15 2020, 6:00 AM
December 14 2020, 1:47 AM
December 15 2020, 6:00 AM
(Bloomberg) U.S. stocks fell for a fourth day as investors assessed the prospects for a federal spending package and the likelihood for further virus-related economic restrictions.
(Bloomberg) U.S. stocks fell for a fourth day as investors assessed the prospects for a federal spending package and the likelihood for further virus-related economic restrictions.
The S&P 500 Index capped its longest slide since September and is 1.5% below its Dec. 8 record. Drugmakers les the Nasdaq 100 Index higher after Alexion Pharmaceuticals Inc. agreed to be bought by AstraZeneca Plc. Energy producers tumbled after after OPEC cut its demand forecast. Oil was lower most of the day before reversing. The dollar extended its slump with Treasuries. Brazilâs Ibovespa Index erased losses for the year.
U.S. stocks fall for fourth day; dollar weakens
Bloomberg News VIDEO SIGN OUT
U.S. stocks fell for a fourth day as investors assessed the prospects for a federal spending package and the likelihood for further virus-related economic restrictions.
The S&P 500 Index capped its longest slide since September and is 1.5 per cent below its Dec. 8 record. Drugmakers les the Nasdaq 100 Index higher after Alexion Pharmaceuticals Inc. agreed to be bought by AstraZeneca Plc. Energy producers tumbled after after OPEC cut its demand forecast. Oil was lower most of the day before reversing. The dollar extended its slump with Treasuries. Brazilâs Ibovespa Index erased losses for the year.
The first deliveries of the vaccine are scheduled for Monday morning and the initial lot will be in all 50 states by Wednesday, according to Gustave Perna, the army general overseeing Operation Warp Speed. Meanwhile, a bipartisan group of lawmakers will unveil a $908 billion relief bill on Monday, although there’s “no guarantee” that Congress will pass it, one of the negotiators said.Bullion is heading for the first quarterly loss since 2018 as progress on vaccines and signs of recovery dent demand for the haven even as leading central banks continue to offer support for economies. This week, investors will keep a close watch on the Federal Reserve’s final meeting of the year, with markets widely expecting fresh guidance on its asset-purchase program.
U.S. Stocks Fall for Fourth Day; Dollar Weakens: Markets Wrap
Bloomberg 12/14/2020 Kamaron Leach and Yakob Peterseil
(Bloomberg) U.S. stocks fell for a fourth day as investors assessed the prospects for a federal spending package and the likelihood for further virus-related economic restrictions.
Popular Searches
The S&P 500 Index capped its longest slide since September and is 1.5% below its Dec. 8 record. Drugmakers les the Nasdaq 100 Index higher after Alexion Pharmaceuticals Inc. agreed to be bought by AstraZeneca Plc. Energy producers tumbled after after OPEC cut its demand forecast. Oil was lower most of the day before reversing. The dollar extended its slump with Treasuries. Brazil’s Ibovespa Index erased losses for the year.