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Research Market strategy
by Swissquote Analysts
U.S. manufacturing activity in March fell at its fastest pace since August 2009 as the coronavirus outbreak in the U.S. has battered businesses. The reading for the index was 48.5, a drop from 50.7 in February, IHS Markit said. Domestic and foreign demand have fallen as companies shuttered...
US stock indices reversed earlier gains in New York and closed Tuesday’s session in the negative territory. The Dow fell 1.84%, as the S&P500 and Nasdaq gave back 1.60% and 0.95% on news that the number cases in New York surpassed...
The Federal Reserve said Tuesday it would launch a temporary lending facility that will allow foreign central banks with accounts at the Fed to convert their holdings of Treasuries into dollars, its latest bid to alleviate strains in global markets. The program will allow foreign central banks...
EasyJet PLC's founder Stelios Haji-Ioannou said in a letter addressed to the company's board Sunday that he would seek to remove most of its members unless the airline cancelled a 4.5 billion pounds ($5.6 billion) aircraft order from Airbus SE. Mr. Haji-Ioannou - the company's largest...
The US stock indices extended their advanced for the fourth session over five, recording gains past 3% on Monday, amid healthcare stocks rallied on hopes that a vaccine could curtail the spread of the coronavirus and signal the end of...
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