China Reports Catastrophic Data: PMIs Crash To Record Low, Confirming Coronavirus Collapse
China Reports Catastrophic Data: PMIs Crash To Record Low, Confirming .....»»
Japanese PMI Collapses To Record Low, Signals 10% Crash In GDP
Japanese PMI Collapses To Record Low, Signals 10% Crash In GDP After China's ugliest GDP print ever, and the collapse of .....»»
Wall Street falls as crude slump hammers energy stocks
Wall Street fell at the open on Monday as energy shares took a hit from a crash in oil prices, with investors bracing for a week packed with earnings reports and economic data that could provide more evidence of the damage wrought by the coronavirus......»»
Asian stocks rise as re-open of U.S economy offsets China GDP slump
Asian stocks gained on Friday as President Donald Trump's plans to gradually re-open the U.S. economy outweighed concerns over data that showed China suffered its worst economic contraction on record due to the coronavirus outbreak......»»
Asia shares up as plans to re-open U.S economy offset record slump in China GDP
Asian stocks gained on Friday as President Donald Trump's plans to gradually re-open the U.S. economy offset data that showed China suffered its worst economic contraction on record due to the coronavirus outbreak......»»
Asia stocks set to tumble as investors fear worst recession since 1930s
Asian stocks look set to tumble on Thursday, as fears that the world is in its worst recession since the 1930s were heightened by data showing U.S. retailers suffered a record sales collapse in March due to the coronavirus outbreak......»»
World stocks drift as wary investors expect grim U.S. jobs data
World stocks were pinned down on Thursday by the rising death toll from the new coronavirus and deepening economic pain, with another record week of jobless claims expected in the United States. Ciara Lee reports.....»»
Falling exports bring German economy to standstill in fourth quarter
Shrinking exports held back German economic activity in the fourth quarter of last year, detailed data showed on Tuesday, confirming that Europe's largest economy was stagnating even before the coronavirus outbreak began. Ciara Lee reports.....»»
Wall Street reaches new highs
U.S. stocks gained for a fourth straight session Thursday and Wall Street's main indexes hit record highs as concerns eased over the economic fallout from the coronavirus outbreak in China. Fred Katayama reports......»»
Asian shares gain after solid U.S. data, China edges up
Asian stocks edged up on Thursday, cheered by record closes in Wall Street benchmarks after encouraging economic data, although investors kept a wary eye on the developments in the coronavirus outbreak......»»
Market Snapshot: Dow surges 450 points, S&P on track for record close amid upbeat data, easing coronavirus fears
U.S. stocks are trading higher on Wednesday, pointing to a third consecutive day of gains, as Wall Street attempts to cure a selloff that at least partly was sparked by an Asian influenza that has killed hundreds and infected tens of thousands in China......»»
Wall Street rises for third session on private jobs data, virus treatment talks
U.S. stocks surged for a third straight day on Wednesday and the Nasdaq hit a new record high, helped by strong monthly domestic private jobs data and reports of progress in developing a treatment to fight the fast-spreading coronavirus......»»
Wall Street jumps as China measures soothe virus worries
The Nasdaq hit a record high Tuesday and the S&P 500 posted its biggest one-day gain in about six months as fears of an economic impact from the coronavirus outbreak waned after China's central bank intervened. Fred Katayama reports......»»
Positive eurozone data pushes global equity markets higher
Global equity markets rebounded on Friday, with the U.S. Nasdaq Composite Index hitting a record high, as investors took in positive economic data from Europe and worried less about the potential economic toll of the coronavirus outbreak in China......»»
Stocks: DAX highs, Daimler slows
European shares rose on Wednesday on China's response to the coronavirus outbreak, and German stocks hit record highs. Daimler and Burberry earnings were also in focus. David Pollard reports......»»
Wall Street hits high on trade optimism
U.S. stocks hit record closing highs again Friday after data showed a rise in consumer spending and investors continued to be optimistic over progress in the U.S.-China trade war. Fred Katayama reports......»»
Tesla establishes China site to store car data locally, Reuters reports
See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»
Coronavirus tally: Global cases of COVID-19 top 164 million and India sets grim record for one-day fatalities
The global tally for the coronavirus-borne illness climbed above 164.2 million on Wednesday, according to data aggregated by Johns Hopki.....»»
Apple has stored the data of thousands of customers on Chinese servers and censored apps to please the government that controls most of its supply chain, the New York Times reports
Apple has relied upon its China-based supply chain for years, and the NYT reports that the tech giant has bowed to the Communist Party's demands. Apple CEO Tim Cook. AP Photo/Richard Drew Apple has catered to China'.....»»
Coronavirus tally: Global cases of COVID-19 head toward 160 million and India suffers record one-day death toll
The global tally for the coronavirus-borne illness climbed above 159.7 million on Wednesday, according to data aggregated by Johns Hopkins .....»»
Coronavirus tally: Global cases of COVID-19 top 156 million and India counts record of 414,000 new cases in a day
The global tally for the coronavirus-borne illness rose above 156 million on Friday, according to data aggregated by Johns Hopkins University, while the death toll rose above 3.25 million. The U.S. continues to lead the world in cases and deaths.....»»