Canada's main stock index gave back a small part of this week's rally on Friday, as a record surge in COVID-19 cases in the United States raised fears of another round of lockdowns. * The United States reported more than 55,000 new COVID-19 cases on Thursday, a new daily global record for the pandemic.
European stocks fell Friday, with trading volumes down as American markets were shut for the Independence Day holiday and investors took stock of a surge in coronavirus infections in the U.S. that could impede the global economic recovery. The pan-continental Stoxx Europe 600 declined 0.9%. In Asia, most major equity benchmarks closed higher.
European stocks dipped Friday, with trading volumes down as American markets remain shut for the Independence Day holiday and investors took stock of a surge in coronavirus infections in the U.S. that could impede the global economic recovery. The pan-continental Stoxx Europe 600 fell 0.6%. In Asia, most major equity benchmarks closed higher.
Canada's main stock index retreated on Friday as a record surge in COVID-19 cases in the United States raised fears of another round of lockdowns, overshadowing early signs of an economic rebound from the pandemic-driven slump. * At 9:33 a.m. EDT, the Toronto Stock Exchange's S&P/TSX composite index was down 9.92 points, or 0.06%, at 15,612.48.
European stocks wavered Friday, with trading volumes down as American markets remain shut for the Independence Day holiday and investors took stock of a surge in coronavirus infections in the U.S. that could impede the global economic recovery. The pan-continental Stoxx Europe 600 drifted between gains and losses. In Asia, most major equity benchmarks closed higher.
Futures for Canada's main stock index retreated on Friday as a record surge in COVID-19 cases in the United States raised fears of another round of lockdowns, overshadowing early signs of an economic rebound from the pandemic-driven slump. September futures on the S&P/TSX index were down 0.08% at 7:00 a.m. ET. The Toronto Stock Exchange's S&P/TSX rose 0.69% to 15,622.40 on Thursday.
European stocks wavered Friday, with trading volumes down as American markets remain shut for the Independence Day holiday and investors take stock of a surge in coronavirus infections in the U.S. that could impede the global economic recovery. The pan-continental Stoxx Europe 600 drifted between gains and losses. In Asia, most major equity benchmarks closed higher.
Stocks Rally on Jobs Report. The Dow industrials and S&P 500 climbed after the June employment report showed the economy gained more jobs than expected last month. Texas Mandates Face Coverings as Coronavirus Cases Surge.
* MSCI EM Stocks index set to jump over 3% for the week. * Spiking COVID-19 cases keep currencies constrained. * South African rand set to outperform EMEA FX for the week. By Ambar Warrick.
* STOXX 600 ends week with 2% gain. * Consumer companies, banks, miners weigh on markets. * DeliveryHero jumps as Q2 order growth doubles. By Sruthi Shankar. European stocks fell on Friday after gaining ground during the week as a surge in U.S. coronavirus cases made investors less optimistic about prospects for a rebound in the global economy.
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