NYSEAMERICAN:IBIO falls another 5.13% to end the week in the red. iBio Inc. falls behind competitors in the race for COVID vaccine. NYSE:AMERICAN:IBIO has dropped a further 5.13% during Friday’s trading session, ending the week at $4.44 per share, representing a 17% decrease from the start of the week.Read More →
Volatility in U.S. equities is catching the market off guard today, but there is a trade-off to be made. The committed bulls are trapped, hoping that 21-DMA will hold up for a second time. The fact that JP Morgan’s share price cannot sustain gains after a very strong andRead More →
European stocks mostly rose on Thursday, with the exception of U.K. equities, as multinationals suffered from the continued run-up in the British pound. The Stoxx Europe 600 SXXP, +0.30% increased 0.29% to 404.37. The German DAX DAX, +0.03% and French CAC 40 PX1, +0.50% also rose. U.S. stock futures ES00,Read More →
© Reuters. FILE PHOTO: The Deutsche Bank headquarters are seen in Frankfurt FRANKFURT (Reuters) – Deutsche Bank (DE:) plans to cut 18,000 jobs in a sweeping, 7.4 billion euro overhaul designed to turn around Germany’s struggling flagship lender The bank will also scrap its global equities business and scale backRead More →
Treasury prices fell Tuesday, pushing yields higher, with a modest rise in stocks sapping demand for government paper. The 10-year Treasury note yield TMUBMUSD10Y, +1.38% climbed 3.7 basis points to 2.590%. The 2-year note yield TMUBMUSD02Y, +0.18% was up 0.3 basis point to 2.394%, while the 30-year bond yield TMUBMUSD30Y,Read More →
© Reuters. Investing.com – Asian stocks advanced in morning trade on Monday, with Chinese equities jumped more than 2% following the release of the data that showed economic activity in China unexpectedly recovered in March. China’s and the jumped 2% and 2.9% respectively by 10:35 PM ET (02:35 GMT). HongRead More →
© Reuters. Investing.com – Chinese equities jumped more than 3% in morning trade on Monday after U.S. President Donald Trump announced that he will delay additional tariffs on Chinese goods, citing “substantial progress” in bilateral talks. The and the traded 3.3% and 4.3% higher by 10:15 PM ET (03:15 GMT).Read More →
© Reuters. Investing.com – Asian stocks were mixed in morning trade on Thursday as traders await China trade data and the outcome of the latest Sino-U.S. trade negotiations. The was trading near flat while the edged up 0.1% by 9:30 PM ET (02:30 GMT). Hong Kong’s was down 0.6%. InvestorRead More →
© Reuters. A specialist trader is reflected on his screen on the floor of the New York Stock Exchange LONDON (Reuters) – Amundi Asset Management has recommended investors restart building their exposure to emerging markets and developed market credit, assets which are often considered more risky, after suffering a brutalRead More →
