Stocks Drop, Treasury Yields Fall for Second Day: Markets Wrap

  • Weekly Giveaway for our active users. N50,000 per Week. Do you want to contribute to this community? We are looking for contribution? What is hot right now? Sign up and get in on the ground floor of the newest, fastest growing Nigerian forum!

Slinger Johnson

New Member
Jun 18, 2020
3
0
1
24
U.S. stocks fell for a second day as investors weighed the latest employment data and reports about fresh outbreaks of the coronavirus in China and America. Treasuries extended their advance.



The S&P 500 opened lower after weekly U.S. jobless claims stayed above one million. Futures were up only briefly earlier after a top virus expert in China said that new cases in Beijing were curbed. The Stoxx Europe 600 extended its decline. The pound held onto losses after the Bank of England expanded its quantitative easing program.