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The Nasdaq Indice reduced by 1% while Tesla was blamed for bad Q2 results. The Dow went down 0,47%. Boeing became the biggest loser on the list. American Airlines was down 8,4% and Alaska Air Group lost 2,7%. Southwest Airlines stocks raised a bit. It was announced that it will end the operation at Newark Liberty International Airport and concentrate New York operations al LaGuardia Airport. These three airline companies are Boeing’s largest customers. Finally, Boeing lost 3,7% on Thursday and became responsible for 90 of the Dow’s loss of 129 points.
Asian shares recorded a turbulent session on Friday as weak economic data from the United States and surging coronavirus infections worldwide dragged market confidence. The decline followed despite upbeat U.S. tech gains and signs of rebound ...
Asian stocks advanced on the prospect of ultra-easy monetary policy as the U.S. Federal Reserve kept interest rates near zero. Fed deemed it necessary to salvage the ailing economy, dragging the dollar down to a two-year low. The target range ...
On Wednesday, European stocks rose slightly after mixed earnings reports. However, the new wave of the coronavirus outbreak kept investors cautious while they also wait for the U.S. Federal Reserve’s announcement. The Stoxx Europe 600 ...
European shares fell earlier on Monday, weighed down by travel stocks after the U.K. placed a quarantine on travelers from Spain as the number of COVID-19 cases continue to surge. The pan-European STOXX index lost 0.5% at 0718 GMT. Meanwhile, ...
Wall Street recorded a sharp decline on Thursday. This followed after investors fled market-leading technology shares due to mixed earnings reports and pieces of evidence of a worsening virus crisis, increasing the possibility of a sharp ...
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