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Wall Street jumps on coronavirus drug hopes; Fed decision awaited

U.S. stocks jumped to seven-week highs on Wednesday as Gilead Sciences gave an encouraging update on a potential COVID-19 treatment and upbeat earnings from Google-parent Alphabet boosted shares of other technology and internet giants......»»

Category: topSource: reutersApr 29th, 2020

Wall Street sets records as Biden takes office. Stocks rise amid hopes for more aid, strong earnings reports.

Wall Street marked the dawn of President Joe Biden’s administration with stocks rallying to record highs as hopes build that new leadership in Washington will mea.....»»

Category: topSource: chicagotribuneJan 20th, 2021

Wall Street jumps as PayPal outlook, China data fuel recovery hopes

U.S. stocks jumped on Thursday as an upbeat outlook from PayPal and a surprise rise in Chinese exports raised hopes of a faster economic recovery from what is expected to be a deep coronavirus-led recession......»»

Category: topSource: reutersMay 7th, 2020

Wall Street jumps on hopes of potential coronavirus drug

U.S. stocks opened higher on Wednesday after Gilead Sciences gave an encouraging update on a potential COVID-19 treatment, while upbeat earnings reports from Boeing and Google-parent Alphabet added to the sentiment......»»

Category: topSource: reutersApr 29th, 2020

Asia stocks set to rise as Wall Street jumps on lockdown easing hopes

Asian stocks were set for gains on Tuesday after a strong Wall Street session as easing lockdown restrictions by some countries and U.S. states buoyed sentiment, despite another decline in oil prices......»»

Category: topSource: reutersApr 27th, 2020

Wall Street jumps on hopes worst for labor market is over

Wall Street jumped 1% on Thursday as a third straight decline in weekly jobless claims raised hopes the worst of the coronavirus pandemic's impact on the labor market was over, while energy stocks zoomed 5% on a rebound in oil prices......»»

Category: topSource: reutersApr 23rd, 2020

Wall Street jumps as hopes for easing lockdown offset earnings worry

U.S. stocks jumped on Tuesday as optimism that the Trump administration could move to ease lockdowns from the coronavirus overshadowed worrying earnings reports from JPMorgan and Wells Fargo......»»

Category: topSource: reutersApr 14th, 2020

Wall Street jumps 2% on hopes of lockdown easing; JPMorgan kicks off earnings

Wall Street rose more than 2% on Tuesday on signs some economies would ease strict coronavirus-induced lockdowns, with investors also looking at quarterly earnings from JPMorgan and Johnson & Johnson for clues on the business hit from the outbreak......»»

Category: topSource: reutersApr 14th, 2020

Wall Street jumps at open on coronavirus slowdown hopes

U.S. stocks jumped at the opening bell on Tuesday, as early signs of a slowdown in coronavirus cases in U.S. hot spots raised hopes that sweeping lockdown measures were working......»»

Category: topSource: reutersApr 7th, 2020

Wall Street gains on oil surge, but off early highs

U.S. stocks rose on Thursday as hopes for a truce in the price war between Saudi Arabia and Russia and a cut oil output drove gains, helping to offset the shocking jump in Americans filing for jobless claims due to coronavirus-led lockdowns......»»

Category: topSource: reutersApr 2nd, 2020

Wall Street jumps at open as jobless claims raise hopes of more stimulus

Wall Street jumped at the open on Thursday, building on a two-day rally, as investors bet on more stimulus measures after the U.S. jobless claims surged past 3 million last week, underscoring the economic impact of the coronavirus pandemic......»»

Category: topSource: reutersMar 26th, 2020

Wall Street jumps at the open on stimulus hopes

U.S. stock indexes opened more than 2% higher on Tuesday as hopes of coordinated policy easing to avert a global recession calmed investor nerves a day after the biggest market rout since the financial crisis......»»

Category: topSource: reutersMar 10th, 2020

China stimulus hopes lift Wall Street

The S&P 500 and Nasdaq notched more record closing highs amid a Wall Street upswing ahead of anticipated Chinese stimulus to limit the economic fallout from the coronavirus outbreak. Conway G. Gittens has the details......»»

Category: videoSource: reutersFeb 19th, 2020

Wall Street hits new highs in strongest week since August

Wall Street climbed to record highs on Friday, with major indexes turning in their strongest weekly gains since August, after strong U.S. housing data and signs of resilience in the Chinese economy raised hopes of a rebound in global growth......»»

Category: topSource: reutersJan 17th, 2020

Indexes hit new highs on strong U.S., China economic data

Wall Street's major indexes climbed to record highs on Friday after strong U.S. housing data and signs of resilience in the Chinese economy raised hopes of a rebound in global growth......»»

Category: topSource: reutersJan 17th, 2020

Wall Street strikes new high as housing data fuels optimism

Wall Street edged up to record highs on Friday after strong U.S. housing data and signs of resilience in the Chinese economy raised hopes of a rebound in global growth......»»

Category: topSource: reutersJan 17th, 2020

Wall Street hits new high as data boosts growth outlook

Wall Street indexes hit new record highs on Friday after strong U.S. housing data and signs of resilience in the Chinese economy raised hopes of a rebound in global growth......»»

Category: topSource: reutersJan 17th, 2020

Wall Street starts 2020 with new records on China stimulus, trade hopes

Wall Street's major indexes notched record highs to open the new year on Thursday, as fresh economic stimulus from China added to optimism fueled by easing trade tensions and an improving global outlook......»»

Category: topSource: reutersJan 2nd, 2020

Wall Street kicks off 2020 at record levels on China stimulus, trade hopes

U.S. stocks extended their rally into the new year, with all three major indexes hitting record highs on Thursday, as fresh stimulus from Beijing to prop up its economy added to optimism fueled by easing trade tensions and an improving global outlook......»»

Category: topSource: reutersJan 2nd, 2020

Global shares inch to new highs on trade hopes; dollar little changed

The dollar traded little changed while equity markets added to a year-end rally on Monday, with both a gauge of stock performance worldwide and Wall Street hitting new highs amid renewed optimism over U.S.-China trade and growth prospects......»»

Category: topSource: reutersDec 23rd, 2019