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Global stocks and oil prices tumbled early Friday after South Africa found a fast-spreading coronavirus variant and the European Union proposed suspending air travel from southern Africa.
Global stocks and oil prices tumbled early Friday after South Africa found a fast-spreading coronavirus variant and the European Union proposed suspending air travel from southern Africa.
Maskless Xi, China’s Modest GDP Target, Hong Kong: NPC Update Bloomberg 3/5/2021 Bloomberg News (Bloomberg) -- China’s most senior officials gathered in Beijing to kick off the annual full-session of the country’s parliament, the National People’s Congress. Popular Searches Chinese Premier Li Keqiang unveiled a conservative target for economic growth this year of above 6% that signals more restrained monetary and fiscal policies this year, in contrast to other major nations still pumping in stimulus. But China’s new five-year plan that runs through 2025 didn’t gi...
Nasdaq Closes at Record, Stocks Mixed on Worry Over Virus Impact on Growth TheStreet 1/22/2021 © TheStreet Nasdaq Closes at Record, Stocks Mixed on Worry Over Virus Impact on Growth Stocks finished mixed Friday as a spike in coronavirus infections and the possibility of stricter lockdowns offset expectations of more economic support from the Biden administration. The Nasdaq closed at a record for a second day, edging up 0.09% to 13.543. The Dow Jones Industrial Average finished down 179 points, or 0.57%, to 31,996 on Friday, while the S&P 500 fell 0.3% to 3,841. For the week, the Dow i...
Stocks Finish Lower as Wall Street Scrutinizes Biden Relief Plan TheStreet 1/15/2021 © TheStreet Stocks Finish Lower as Wall Street Scrutinizes Biden Relief Plan Stocks ended lower Friday, finishing a losing week, as President-elect Joe Biden unveiled a $1.9 trillion covid-19 relief package, banks fell after kicking off earnings season, and U.S. retail sales were worse than expected. Popular Searches The Dow Jones Industrial Average fell 177 points, or 0.57%, to 30,814, the S&P 500 declined 0.72% and the Nasdaq was down 0.87%. For the week, the Dow industrials gave up 0.9%, the S&P 500...