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European Stocks at Highs; Carmakers Cheer China Incentives

European indexes touched new peaks on Monday, with automobile sector, the growth-leader amid fresh Chinese incentive measures to rein in the economic blow of the Wuhan virus spread. Automobile shares, highly reliant to Chinese demand and industrial production, jumped by near 2 percent, led by Faurecia after the car parts group reported a growth in […]

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London Copper Hits 3Week Peak as China Slice Rates

Copper rates gained on Monday, with the London contract hitting a three-week top, as China brought down borrowing costs on its medium-term lendings to boost an economy hurt by the coronavirus outbreak. Photo: Flickr Three-month copper on the London Metal Exchange (LME) advanced by 1.2 percent at $5,828.50 a tonne, its strongest since […]

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Wall Street Mixed as Coronavirus Mitigates Optimism

The S&P 500 finished marginally up on Friday after reaching solid results from Nvidia and a report that the White House was thinking about tax incentive measures for Americans to purchase shares. U.S. stocks edged lower on Friday as vulnerabilities encompassing the coronavirus effects and sluggish economic reading broadly weighed the investor mood. […]

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European Stocks Accommodate Underneath Record Tops

A bunch of negative organization updates from Britain and France thumped European stocks off record peaks reached before during the session on Friday, while traders thought about the effect of the coronavirus episode on worldwide development. Photo: Flickr The pan-European STOXX 600 shut down 0.1 percent after scoring up another peak of 432.26 […]

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Asian Stocks Drift Around 3Week Peaks, China Cut Rates

Asian stocks switched earlier declines on Monday and moved back toward a three-week high as Chinese endeavors to pad the blow from a coronavirus flare-up cheered traders, albeit Japanese shares wavered while developing recession dangers. Photo: Flickr Exchanging is anticipated to be light as U.S. shares and bond markets will be closed on […]