Market Overview - Page 139

China has tightened Covid-19 measures to combat an uptick in daily cases — a move that could hold back the country’s economic growth and hit its stock markets, said veteran strategist David Roche. Investor sentiment toward Chinese stocks has been.

People who are fully vaccinated against Covid-19 are highly protected against severe infection, hospitalization and death caused by the virus. But coronavirus cases among the fully vaccinated — so-called “breakthrough” Covid cases — are still being seen among those who.

China Inflation data came without major surprises. Consumer price growth slowed to 1% y/y while producer prices returned to a peak of 9% y/y, the highest since 2008. The bottom of the low base was in May 2020, which seriously.

Asia-Pacific markets broadly struggled for gains on Monday as investors kept an eye on the Covid-19 situation across the region while oil prices tumbled 3%. Australia’s benchmark ASX 200 was unable to hold on to modest gains and finished flat.

Stock futures traded lower early Monday after the Dow Jones Industrial Average notched a record close Friday following a stronger-than-expected jobs report. Futures tied to the Dow fell 88 points. S&P 500 and Nasdaq 100 futures were both fractionally lower..

Southeast Asia’s technology start-ups had a combined valuation of $340 billion last year and that figure may jump more than threefold by 2025, according to Jungle Ventures. Over the next four years, Jungle expects the region’s tech start-ups to be.

The pandemic is not coming to an end soon — given that only a small proportion of the world population has been vaccinated against Covid-19, a well-known epidemiologist told CNBC. Dr. Larry Brilliant, an epidemiologist who was part of the.

The world’s leading climate scientists on Monday delivered their starkest warning yet about the deepening climate emergency, projecting climate changes to increase across all regions in the coming decades. A highly anticipated report by the U.N.’s climate panel warns that.

Strong US jobs data continues to weigh on markets, and the impact could stretch into weeks, changing trading strategies for many financial assets. Accelerating employment and wage growth in July and upward revisions to June’s data have brought the start.

Hiring rose in July at its fastest pace in nearly a year despite fears over Covid-19′s delta variant and as companies struggled with a tight labor supply, the Labor Department reported Friday. Nonfarm payrolls increased by 943,000 for the month.

Stocks tied to the economic recovery rose after a stronger-than-expected jobs report on Friday, sending two key market averages to all-time highs. The Dow Jones Industrial Average rose 133 points, or 0.4%, and hit an intraday record high. The S&P.

Germany is about to embark upon a new political chapter that will have three main challenges, Goldman Sachs said Friday. Chancellor Angela Merkel will leave office this fall following 16 years in power. Though Goldman believes she will leave Europe’s.