NEW YORK, June 26 — Wall Street stocks fell early today as rising coronavirus cases continued to slow the US recovery and bank shares tumbled after the Federal Reserve barred banking share buybacks. About 15 minutes into trading, the Dow Jones Industrial Average was down 1.1 per cent to...
The Fearless Girl statue is seen outside the New York Stock Exchange in New York City, New York, US, June 11, 2020. — Reuters pic
The governors from Texas and Florida yesterday both signalled that they would pause the reopening of their economies as the two giant states of the US sunbelt contend with spikes in coronavirus cases. US indices fell sharply Wednesday, but recovered some of those losses yesterday on bargain hunting facilitated by loose monetary policy.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
US stocks tumble on new Texas restrictions to combat virus | Malay MailNEW YORK, June 26 — Wall Street stocks were down sharply at mid-morning today, adding to losses after Texas partly reversed the reopening of its economy due to surging coronavirus cases. Near 1445 GMT, the Dow Jones Industrial Average was down 2.2 per cent, or around 560 points, at 25,182.05. The...
Read more »
UK postal operator Royal Mail sacks 2,000 staff | Malay MailLONDON, June 25 — Britain’s postal operator Royal Mail, whose workers have helped the nation cope with coronavirus lockdown, said today that it will axe 2,000 management jobs as it battles ongoing turmoil. The former state-run company revealed the cost-cutting overhaul in its annual...
Read more »
UK blue-chips rise with European peers as Royal Mail drags mid caps lower | Malay MailLONDON, June 26 ― London's blue-chip FTSE 100 ended higher yesterday as banks and energy stocks climbed, while the domestically focused mid-caps index slipped amid worries over the economic damage being wrought by the coronavirus pandemic. The FTSE 100 rose 0.4 per cent, in line with the main...
Read more »
Markets mixed as investors track second wave, new lockdowns | Malay MailHONG KONG, June 24 — Equities were mixed today in Asia after a healthy run-up the day before as traders weigh positive data suggesting economies are recovering against signs of a second wave of infections and the reintroduction of some lockdowns. While governments and central banks have provided...
Read more »
Alcantara stalling over new Bayern contract, say reports | Malay MailBERLIN, June 24 — Thiago Alcantara is reportedly stalling on extending his Bayern Munich contract with the Spain midfielder, who has been linked to Liverpool, said to be considering leaving the German champions after seven years. Alcantara, 29, has won the Bundesliga every season with Bayern,...
Read more »
Indian guru warned against marketing US$7 herbal virus 'cure' | Malay MailNEW DELHI, June 25 — A hugely popular Indian guru touting herbal remedies as a US$7 (RM29.91) cure for coronavirus was told by the government Tuesday that he needed to prove his claims before further marketing. Baba Ramdev, a supporter of Prime Minister Narendra Modi, said the remedy would be...
Read more »