Tag: stocks rally,
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World stocks rally as investors expect more political certainty after Democrats’ win
NEW YORK/LONDON, Nov 4 : Global stocks rallied on Wednesday after Democrats seized control of both chambers of Congress in the US midterm elections, providing greater political clarity and reducing the uncertainty that has weighed on markets. In a major setback to President Donald Trump, Democrats scored s
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Wall Street gains as healthcare stocks rally, oil prices fall
NEW YORK: Wall Street’s main indexes climbed on Tuesday (Oct 20) as healthcare stocks hit a record high and easing oil prices boosted investor sentiment, while markets continued to stabilise following last week’s technology-led selloff.Brent crude was trading 1.3 pe
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Global stocks rally on lower oil prices, US-China hopes
NEW YORK: Stock markets climbed on Monday (Sep 21), boosted by falling oil prices and positive signals from trade talks between Chinese and US officials over the weekend.Wall Street indices capped a buoyant day for global stocks with the Nasdaq piling on 2.3 per cent to finish at a fresh r
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Asian stocks rally as US Treasury steps in to ease bond fears
HONG KONG: Asian markets rallied on Thursday (Aug 20) after the US Treasury said it would “at least double” the amount of long-term bonds to push down borrowing costs, after they surged this week to near two-decade highs.The surprise move provided a much-needed shot in the arm for investors worried about a sp
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Stocks rally in Asia as Iran cites progress in talks
SYDNEY, June 22 : Asian share markets swung higher on Monday as Iranian negotiators said progress had been made in peace talks with the United States, helping calm fears the process was breaking down.Officials from Qatar and Pakistan also released a statement saying the first session of talks had concluded an
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Trading Day: Stocks rally, oil hits pre-Iran-war lows as Strait of Hormuz reopens for business
NEW YORK, June 18 : A tech-powered rally boosted U.S. stocks on Thursday, while crude prices dropped as supertankers sailed through the reopened Strait of Hormuz hours after U.S. President Donald Trump signed a peace deal with Iran.With U.S. markets closed on Friday in observance of Juneteenth, Wall Street’s
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