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Dollar Weakens as Data Disappoints; Sterling in Focus

18.09.2020, 06:22

The dollar edged lower in early European trade Friday, weighed down by disappointing employment and housing data and with the tech sector continuing to suffer strong selling in the equity markets.

Unity Software's shares soar 44% in NYSE debut

18.09.2020, 05:15

Shares of Sequoia-backed startup Unity Software Inc jumped 44.2% in their debut on the New York Stock Exchange on Friday, signaling a sustained demand for new stocks.

U.S. details up to $14 billion in new aid for farmers

18.09.2020, 04:13

CHICAGO The U.S. Agriculture Department on Friday released details of a second round of COVID-19 aid for farmers, which will pay up to $14 billion to growers of major crops such as corn, soybeans and wheat, as well as livestock, dairy and tobacco.

U.S. judge declines to block Commerce Department WeChat order

18.09.2020, 03:11

NEW YORK/WASHINGTON - A U.S. judge in California declined to block the Commerce Department order issued Friday that will prohibit U.S. app stores from offering Tencent Holding's WeChat for download starting late Sunday.

Wall Street Lower as Options Expiry Nears; Dow Down 90 Pts

18.09.2020, 01:52

U.S. stock markets opened mixed on Friday and turned negative by mid-morning, overshadowed by the 'quadruple witching' expiry of the quarterly options contracts on both single stocks and index futures that have so dominated trading in the last three months..