Thursday, October 15, 2020

Global Stocks Slip on COVID-19 Resurgence

Fears are growing that there are no more chances to curb rising coronavirus cases...

Published: October 15, 2020

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Global Stocks Slip on COVID-19 Resurgence 

Global stock markets slipped this morning as investors started losing faith that U.S. leaders will create a new economic stimulus package prior to the Nov. 3 presidential election. 


Market sentiment faded Wednesday after U.S. Treasury Secretary Steven Mnuchin mentioned he and congressional leaders are "far apart" on reaching a deal to provide financial aid for struggling citizens and businesses. 


That's not promising news, and here's why… 


In Europe, fears are growing that there are no more chances to curb a resurgence  of coronavirus cases as countries like Germany, the Czech Republic, Italy and Poland hit record-high daily infections. Some cities have already applied new restrictions, such as curfews and restricted travel, to contain the virus. 


In today's video, I'll explain why the U.S. stock market is sagging… the most important data coming from the U.S. Federal Reserve… the most vulnerable index right now… and the weakest stocks to sell. 

Get today's market action

Global Stocks Mixed on Negative Vaccine News



October 13, 2020

Stocks turned lower in Europe after a mixed trading day in Asia. Shares fell in Paris and London, but edged up in Tokyo and Shanghai. 

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Global Stock Markets Flat as COVID-19 Cases Rise



October 14, 2020

Global stock markets are flat this morning as the count of coronavirus cases rose in multiple major economies.

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