Dow Jones Industrial Average
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US stock futures jump in late trading following data on potential virus treatment, Trump guidelines
•US stock index futures jumped in late trading on Thursday after a report of promising early data related to a potential COVID-19 treatment from Gilead Sciences and as guidelines for re-opening the US economy came from the White House.
Wall Street jumps as hopes for easing lockdown offset earnings worry; Nasdaq registers fourth straight day of gains
•Advancing issues outnumbered declining ones on the NYSE by a 3.19-to-1 ratio; on Nasdaq, a 2.54-to-1 ratio favored advancers.
S&P 500 set to recoup $1 trillion in market value after New York reports fall in coronavirus deaths
•The S&P 500 banking index soared 7.3 percent and was set for its best day in more than a week, with Bank of America, Citigroup, Wells Fargo and JP Morgan advancing between 5 percent and 8 percent, tracking Treasury yields.
Lockdowns multiply globally as coronavirus strains health systems; three US cities, Germany's Bavaria move to restrict residents
•Major streets and highways were deserted in many parts of the world as curfews and lockdowns multiplied in the face of a rapidly advancing coronavirus that is severely straining many health systems
Asian shares inch higher, safe-haven assets give up overnight gains but growth worries cap gains; investor focus on monetary policy
•In early trade, MSCI’s broadest index of Asia-Pacific shares outside Japan was up 0.17%
US stocks down, S&P 500 snaps 3-day streak after comments from Fed chair Jerome Powell dampen rate cut hopes
•As Powell spoke, traders of US short-term interest rate futures began trimming bets the Fed will cut rates before the end of the year
US Federal Reserve foresees no interest rate hikes in 2019; move signals muted growth forecast for this year
•The Federal Reserve left its key interest rate unchanged Wednesday and projected no rate hikes this year, reflecting a dimmer view of the economy as growth weakens in the United States and abroad.
Sensex rises over 100 points led by gains in banking stocks amid continued buying by foreign investors; Nifty above 11,300-mark
•The 30-share index was trading 134.95 points, or 0.36 percent, higher at 37,670.61, while the 50-share NSE Nifty climbed 22.10 points, or 0.20 percent, to 11,323.30.
In pre-Christmas bloodbath, Dow crashes 650 points as Donald Trump trains guns on Federal Reserve boss Jerome Powell
Nikhila Natrajan •A bruising stock selloff on Monday wiped out more than 650 points from the Dow Jones Industrial Average as US president Donald Trump, fighting like a cornered badger against bad news all around, lashed out at his Federal Reserve chairman and the US stock market careened to its worst showing since April 2017.
Sensex stages strong comeback in early trade gaining over 250 points; Nifty reclaims 11,400 mark
•Taking positive cues from global equities, the 30-share index was trading higher by 262.91 points, or 0.69 percent, at 37,926.47. The index had lost 188.44 points in the previous session.