U.S. stocks fell Friday following the release of the Federal Reserve’s latest bank stress-test results and disappointing numbers from Nike.
Stocks making the biggest moves after hours: Nike, Virgin Galactic, Wells Fargo and more
Check out the companies making headlines after the bell.
Fed puts restrictions on bank dividends after test finds some banks could be stressed in pandemic
The move signals that the unprecedented nature of the coronavirus pandemic, and the difficulty in forecasting what the future holds for banks, is making the Fed cautious.
With the second quarter almost over, what companies earned is anyone’s guess
The second quarter is nearly over, and analysts still are clueless about what earnings companies will be reporting.
Nike reports unexpected loss as sales tumble 38%, shares fall
Even Nike, often lauded as one of the strongest global brands in the retail industry, is taking a hit from the coronavirus pandemic.
ForexLive European FX news wrap: Groundhog Day ahead of the weekend?
Forex news from the European trading session – 26 June 2020
Headlines:
Markets:
– JPY leads, GBP lags on the day
– European equities higher; E-minis flat
– US 10-year yields down 1.5 bps to 0.67%
Headlines:
Markets:
– JPY leads, GBP lags on the day
– European equities higher; E-minis flat
– US 10-year yields down 1.5 bps to 0.67%
Brexit talks key focus for GBPUSD next week
GBPUSD and Brexit talks
Looking to trade the GBPUSD next week?
to learn more.
Checkout ForexSource.co
Looking to trade the GBPUSD next week?
to learn more.
Checkout ForexSource.co
Japan records more than 100 new virus cases for the first time since 9 May
Kyodo News reports with the headline
reported
Relative to the US, this doesn’t seem like a big deal but it is all a matter of perception when viewing cases across different countries. For now, this isn’t prompting any major reaction by the government yet but let’s see how things go in the coming days/weeks.
reported
Relative to the US, this doesn’t seem like a big deal but it is all a matter of perception when viewing cases across different countries. For now, this isn’t prompting any major reaction by the government yet but let’s see how things go in the coming days/weeks.
Another choppy risk session going into North American trading today
The market is still in search of some firm direction in general
European equities began the session with solid gains before seeing almost all of that wiped out after the opening hour of trade, before clawing its way back higher over the past few hours as we look towards North American trading now.
European equities began the session with solid gains before seeing almost all of that wiped out after the opening hour of trade, before clawing its way back higher over the past few hours as we look towards North American trading now.
UK’s Sunak: Furlough scheme not sustainable indefinitely
Comments by UK finance minister, Rishi Sunak
– We are past the acute phase of the crisis
– Furlough scheme will last for up to eight months
– We cannot protect every job despite unprecedented action
Sunak is just reaffirming the government’s plans to move forward with the economic reopening, justifying the recent actions from a labour market perspective
– We are past the acute phase of the crisis
– Furlough scheme will last for up to eight months
– We cannot protect every job despite unprecedented action
Sunak is just reaffirming the government’s plans to move forward with the economic reopening, justifying the recent actions from a labour market perspective