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Most economists say they think the Fed’s continued low rates, further government financial aid and progress in combating the viral pandemic could create a mini-economic boom as soon as this summer. Powell acknowledged the potential for a healthier economy.
Wall Street closes up on tech rally despite mixed signs on economic reboundThe wild session indicated caution was in store, said Dennis Dick, a trader at Bright Trading LLC, who warned market sentiment that drove momentum has sharply changed.
from Stocks-Markets-Economic Times https://ift.tt/361UhD… Read MoreSGX Nifty up 80 points; here's what changed for market while you were sleepingNifty futures on the Singapore Exchange traded 79.50 points, or 0.73 per cent higher at 10,924.50, in signs that Dalal Street was headed for a positive start on Friday.
from Stocks-Markets-Economic Times https://ift.tt/3kISr… Read MoreStocks in the news: RIL, Vodafone Idea, Dr Reddy’s Labs, Mindtree and Sun PharmaDr Reddy's Laboratories on Saturday said it has launched Dimethyl Fumarate delayed-release capsules, used to treat multiple sclerosis (MS), in the US market.
from Stocks-Markets-Economic Times https://ift.tt/3kTNU9v
… Read MoreStocks in the news: RIL, Sun Pharma, RITES, IRB Infra, Voda Idea, TCS and Zee EntertainmentIOC is looking to defer some of its refinery expansion projects to sync them with changes in demand patterns resulting from the pandemic.
from Stocks-Markets-Economic Times https://ift.tt/2RXZXpW
… Read MoreWhy Covid impact is being felt more acutely nowA survey of over 1000 persons by BofA Securities shows that COVID- 19 outbreak is fast progressing from a supply shock, to prevent spread, to a demand shock, on falling incomes and job losses. Only 16% reported that they saw … Read More
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