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Stocks fell today, extending declines after Texas said it was pausing its reopening process due to a renewed surge in coronavirus infections in the state. Investors also monitored incoming economic data, with a new report showing stubbornly high levels of new unemployment claims.
Read moreStocks fall today after Texas halts reopening process, citing rising infections
Nearly all fifty U.S. states were at some stage of reopening today as authorities eased restrictions imposed to contain the spread of the new COVID-19 and stock markets opened higher on optimism about a potential vaccine trial.
Read moreU.S. states press on with reopenings, markets boosted by coronavirus vaccine potential
Vastly slower U.S. oil growth this year and the prospect of a plateau for the world’s top oil producer have signaled a new and unfamiliar era of self-restraint for the go-go shale industry.
Read moreUnited States Shale Producers to Tap Brakes in 2020 After Years of Rapid Growth
A Donald Trump supporter launched an “incredibly violent attack” on a BBC cameraman at a Texas rally in which the US president Trump repeatedly whipped up the crowd’s anger over supposed media bias.
Read moreTrump Supporter ‘Violently Attacks’ BBC Cameraman at Texas Rally
The asian stocks were mostly weaker on low volumes, rounding out a third week of losses on a note of caution. The pound kept its gains following a breakthrough over the Brexit deal between the U.K. and EU.
Read moreAsia Stocks Drop; Pound Holds Gain on Brexit Deal: MasterMind Update