Tag Archives: World Markets

Focus on U.S. coronavirus spike, upbeat economic data

European stocks were muted Friday morning following upbeat economic data out of the U.S. and China, while a spike in U.S. coronavirus infections tempered optimism. The pan-European Stoxx 600 hovered just below the flatline by mid-morning, with tech stocks adding 0.7% to lead gains while banks fell 1.2%. European markets …

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Gottlieb says worst of outbreak will pass by January

Efforts to fully reopen the U.S. economy are faltering as 19 states pause or reverse plans to ease restrictions on businessas new cases spike across the country. Despite the surge of infections, Vice President Mike Pence told CNBC the White House wants to press ahead with reopening after job numbers …

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Treasury yields rise despite surge in U.S. coronavirus cases

Treasury yields were flat on Monday after record new coronavirus cases tempered optimism over an imminent economic recovery. The yield on the benchmark 10-year Treasury note was little changed at 0.648% and the yield on the 30-year Treasury bond rose fractionally to 1.3835%. Yields move inversely to prices. The U.S. now has more than …

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