Wall Street rises on strong data; Tesla limits Nasdaq's advance

  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 16 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 66%

Singapore Headlines News

Singapore Latest News,Singapore Headlines

Wall Street rallied for a third straight day on Wednesday after a clutch of positive data painted a stronger picture of the U.S. economy but the ...

REUTERS: Wall Street rallied for a third straight day on Wednesday after a clutch of positive data painted a stronger picture of the U.S. economy but the Nasdaq pulled back from record levels as losses in Tesla shares weighed.

"Growth is still decent, and if you're looking around to put your money, stock market is just a much more attractive place than government bonds." However, the World Health Organization played it down, saying"there are no known effective therapeutics against this 2019-nCoV ".

Source: Financial Digest (financialdigest.net)

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 6. in SG

Singapore Latest News, Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Wall Street rebounds from coronavirus fears, helped by factory strength and tech stocksNEW YORK (REUTERS) - US stocks rallied on Monday (Feb 3), boosted by heavyweight technology shares and on surprise strength in US manufacturing activity, following a sharp selloff last week on concerns about the economic impact from the fast-spreading coronavirus out of China.. Read more at straitstimes.com.
Source: The Straits Times - 🏆 8. / 63 Read more »

Wall Street jumps as China stimulus measures soothe coronavirus worriesNEW YORK (REUTERS) - The Nasdaq hit a record high on Tuesday (Feb 4) and the S&P 500 posted its biggest one-day gain in about six months as fears of a heavy economic impact from the coronavirus outbreak waned after China's central bank intervened.. Read more at straitstimes.com. In long run, investors have to rethink how much they know and THEY DON’T KNOW about China. WuhanCoronavirus is tip of an iceberg
Source: The Straits Times - 🏆 8. / 63 Read more »

US: Wall Street jumps 1% at open as China stimulus calms investor nervesRead more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »

US: Nasdaq opens at record high on private jobs data, virus treatment talksRead more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »

US stocks rise again following good hiring dataNEW YORK (AFP) - Wall Street stocks rose early on Wednesday (Feb 5), advancing for the third straight session on receding fears about the new coronavirus and good US employment data.. Read more at straitstimes.com.
Source: The Straits Times - 🏆 8. / 63 Read more »

Wall Street rebounds from coronavirus fears, helped by factory strength and tech stocksNEW YORK (REUTERS) - US stocks rallied on Monday (Feb 3), boosted by heavyweight technology shares and on surprise strength in US manufacturing activity, following a sharp selloff last week on concerns about the economic impact from the fast-spreading coronavirus out of China.. Read more at straitstimes.com.
Source: The Straits Times - 🏆 8. / 63 Read more »