Last week, global stocks were dragged lower by renewed fears about coronavirus impact on global economic. The week started with Apple’s revenue warning on lower demand for its products in China amid temporary retail store closures....
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Last week major global indices managed to finish in the positive territory, after a volatile week. Investors’ attention remained on the coronavirus, as the number of confirmed cases rose. Officials in Hubei province, the epicentre of the outbreak, revised their method for counting infections, which contributed to a spike in number of infected people....
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Last week global stocks finished higher after two consecutive weeks of losses. Major indices posted their best weekly gain in six months. Optimism that the economic fallout from the Coronavirus will be contained, upbeat economic data and better than expected corporate earnings, drove the market to a new record high....
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Last week major global stocks declined, erasing this year's gain. Investors worried about the economic impact of the coronavirus. Stocks’ sell-off intensified after the World Health Organisation, WHO, declared a public emergency of international concern. Bonds rallied while cyclical sectors and Asian markets underperformed....
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