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Asia Pacific stocks were a mix bag as new Coronavirus cases emerge in the West

On Monday, Asia-Pacific stocks were mixed as new coronavirus cases started rising in the U.S. and in countries across Europe. Stocks in mainland China were a mix bag by the afternoon, with the Shanghai composite dropping about 0.7% while the Shenzhen component went up 0.407%. In Japan, the Nikkei 225 slipped 0.13% while the Topix…
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Dow futures surge amid stimulus hopes

Early Monday, the U.S. stock futures went up as investors were expecting a stimulus deal fromWashington, although the second wave of Covid-19 cases have affected sentiment.Futures contracts linked to the Dow Jones Industrial Average jumped 200 points, indicating a more than100-point gain at the open. S&P 500 and Nasdaq 100 futures also remained in positive…
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Apple iPhone 12 launched; costs at least $100 more than iPhone 11

On Tuesday, the tech titan Apple unveiled new iPhones in a video presentation just over an hour longincluding the new devices’ faster chips, 5G speeds and capabilities, and improved cameras.However, one of the most significant pieces of information for investors and customers got relativelyless stage time: Changes applied to the iPhone lineup’s segmentation and pricing.Apple…
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Dow marks the end of the day with more than 150 points lower

On Tuesday, stocks dropped for the first time in five days as investor sentiments were affected with thelatest news regarding U.S. coronavirus stimulus and treatments as well as the first batch of corporateearnings, as reported by CNBC.The Dow Jones Industrial Average fell 157.71 points, or 0.6%, to 28,679.81 as the shares of the techgiant Apple…
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Stocks plunge following Trump’s positive virus test

U.S. stocks tumbled down in volatile trading on Friday following President Donald Trump tested positivefor coronavirus and boosted concerns about the election and a pandemic which is rising further, asreported by CNBC.Major averages started recovering after some steep losses following House Speaker Nancy Pelosi statedaid for the airline industry could be emerging soon—maybe as part…
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Coronavirus death toll reaches 1 million

The coronavirus has taken the lives of at least 1 million people throughout the world which is acatastrophic situation in the world’s fight against the virus that emerged from Wuhan, China, late 2019,according to data gathered and processed by Johns Hopkins University.According to the university data, about half of the world’s total Covid-19 cases have…
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Dow futures drop 500 points

On early Monday, U.S. stock futures tumbled down sharply, as the investor sentiments over thefuture of the U.S. Supreme Court and the possibility of additional stimulus were negative.Dow Jones Industrial Average futures showcased a drop of more than 500 points during theopening whereas S&P 500 futures and Nasdaq 100 futures were also in the negative…
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U.S.-China tensions do not affect opportunities for investors, believes sovereign wealth CEO

Investors should not have negative sentiments about the markets even if the tension between two economy giants the U.S. and China continue to surge, the chief executive of South Korea’s sovereign wealth fund stated this week. Choi Heenam of Korea Investment Corporation said it is in part due to the fact that relations are unlikely…
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Coronavirus and its current impact

On early Tuesday, U.S. stock futures descended after recovering during market hours that stopped three days of sliding.  As reported by CNBC, futures for the Dow Jones Industrial Average showcased a fall of about 65 points during opening. Futures contracts for the S&P 500 and the Nasdaq 100 were comparatively lower as well. Following the…
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Shares of SMIC, China’s largest chipmaker, drops 23%

On Monday, shares of China’s biggest contract chipmaker, Semiconductor Manufacturing International Corp (SMIC), tumbled down more than 23% following the U.S. government stated it was considering subjecting the company to export restrictions. The firm’s shares that are listed in Hong Kong went down 22.88% to close at 18.24 Hong Kong dollars on Monday. SMIC’s recently-listed…
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