The pan-European Stoxx 600 ended the day closing 0.7% provisionally, with basic resources surging 3.9% to be in the front as most sectors and major bourses were showcasing positive movements.Meanwhile in the US, stocks dropped while traders were worrying over the rising number of Covid-19 infections across the globeAccording to data compiled by Johns Hopkins…
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Airbnb that offers short-term rentals and experiences for travellers marked its IPO by selling shares at $68, pricing by exceeding its range, as reported by people familiar with the matter, CNBC reported.The IPO on Thursday marked the company’s value at $47 billion. Initially the company stated it was expecting to sell shares at between $56…
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The shares of the automobile giant Tesla surged more than 4% to mark a new all-time high record. This move emerged prior to the company’s inclusion in the S&P 500, which is set to take place before trading starts on Dec. 21. Elon Musk’s company’s shares have succeeded in gaining more than 650% this year,…
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On Monday, Stocks in Asia-Pacific were a mix bag, as investor sentiments were affected by the release of China’s official manufacturing Purchasing Managers’ Index (PMI) for November, as reported by CNBC.China’s National Bureau of Statistics stated on Monday, the official manufacturing PMI for November was at 52.1. That went beyond the expectations for a 51.5…
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Here are some stocks that surged midday MondayModerna — The drugmaker’s stock ascended beyond 7% following it announced that its phase three trial data showed its coronavirus vaccine is more than 94% effective in preventing Covid-19. Moderna is the second U.S. company within a week to report positive results from its trial.HD Supply, Home Depot…
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European stocks are forecasted to open higher on Monday as markets across the globe have started surging after Joe Biden’s U.S presidential election victory.London’s FTSE is observed 79 points higher at 5,984, Germany’s DAX soared 208 points at 12,686, France’s CAC 40 added 88 points at 5,042 and Italy’s FTSE MIB jumped 294 points at…
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As he delivered a major speech on Wednesday, Chinese President Xi Jinping revealed his plans for playing a bigger role in global trade, without talking about the ongoing tensions with the economic giant U.S.“We will work for the early signing of the Regional Comprehensive Economic Partnership (RCEP), and speed up negotiations of the China-EU investment…
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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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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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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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