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Drop in consumer confidence sends US stocks lower again

2020-03-27 17:02:58| BBC News | Business | UK Edition

A closely watched survey finds US consumer confidence at the lowest level in three years.

Tags: lower consumer drop confidence


US stocks rally despite record unemployment claims

2020-03-26 23:35:21| BBC News | Business | UK Edition

The gains cap the best three-day streak for the Dow and S&P 500 since the Great Depression.

Tags: record claims stocks rally


TMT stocks: infrastructure shares, Netflix up in YTD, incumbent telcos doing relatively well

2020-03-24 13:06:00| Telecompaper Headlines

(Telecompaper) How are the TMT stocks doing during the Covid-19 crisis? Share prices have been falling worldwide since 20 February and are now around 30 percent lower than at the end of 2019. The increased demand for bandwidth is making infrastructure stocks the exception on the market, with some even showing a positive performance in the year-to-date. Many incumbents are also doing relatively well. Netflix is another outperformer, with its share price still higher compared to the start of the year, while Disney faces a loss of 41 percent. The pure broadcasters are almost all underperforming.

Tags: well shares infrastructure stocks


Stocks fall as nations take coronavirus action

2020-03-23 03:48:44| BBC News | Business | UK Edition

Shares in Asia slide on Monday as more drastic action is taken by governments to stop virus spreading.

Tags: action fall nations stocks


Coronavirus: Asia stocks steady on stimulus plans

2020-03-18 03:12:51| BBC News | Business | UK Edition

Market turmoil cools after US and UK unveil packages to ease the economic impact of the pandemic.

Tags: plans asia stocks steady


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