The coronavirus pandemic and oil price collapse have made emerging markets a lightning rod for volatile capital flows, raising the question whether currency controls might creep back on the radar of some of the worst-hit countries.
The uncanny stability of China's yuan in global markets that have been battered by the coronavirus pandemic betrays domestic concerns about investor sentiment and possible capital outflows.
Fallout from the coronavirus outbreak may finally lift the curse of the safe-haven yen for Japan but policymakers fear fiscal laxity could lead to a currency free-fall eventually, undermining efforts to cushion the economy from the pandemic.
The stock market was soaring—and then political bickering slowed passage of a fiscal aid package. Still, the Dow had its best two-day rally in more than 30 years. Can it keep going?
Microsoft (MSFT) closed at $146.92 in the latest trading session, marking a -0.96% move from the prior day. This move lagged the S&P 500's daily gain of 1.15%. Meanwhile, the Dow gained 2.39%, and the Nasdaq, a tech-heavy index, lost 0.45%.
In the latest trading session, NextEra Energy (NEE) closed at $210.27, marking a +1.81% move from the previous day. This change outpaced the S&P 500's 1.15% gain on the day. Elsewhere, the Dow gained 2.39%, while the tech-heavy Nasdaq lost 0.45%.
In the latest trading session, Pfizer (PFE) closed at $29.75, marking a +0.17% move from the previous day. This change lagged the S&P 500's 1.15% gain on the day. Elsewhere, the Dow gained 2.39%, while the tech-heavy Nasdaq lost 0.45%.
In the latest trading session, Everi Holdings (EVRI) closed at $4.36, marking a +1.63% move from the previous day. This move outpaced the S&P 500's daily gain of 1.15%. Meanwhile, the Dow gained 2.39%, and the Nasdaq, a tech-heavy index, lost 0.45%.
In the latest trading session, Guardant Health (GH) closed at $65.84, marking a +0.72% move from the previous day. This move lagged the S&P 500's daily gain of 1.15%. Meanwhile, the Dow gained 2.39%, and the Nasdaq, a tech-heavy index, lost 0.45%.
Home Depot (HD) closed at $181.76 in the latest trading session, marking a -1.6% move from the prior day. This move lagged the S&P 500's daily gain of 1.15%. Meanwhile, the Dow gained 2.39%, and the Nasdaq, a tech-heavy index, lost 0.45%.
In the latest trading session, IBM (IBM) closed at $105.85, marking a +0.35% move from the previous day. The stock lagged the S&P 500's daily gain of 1.15%. Meanwhile, the Dow gained 2.39%, and the Nasdaq, a tech-heavy index, lost 0.45%.
In the latest trading session, Johnson & Johnson (JNJ) closed at $119.40, marking a +0.18% move from the previous day. This move lagged the S&P 500's daily gain of 1.15%. Elsewhere, the Dow gained 2.39%, while the tech-heavy Nasdaq lost 0.45%.
AbbVie (ABBV) closed at $67.91 in the latest trading session, marking a +0.62% move from the prior day. The stock lagged the S&P 500's daily gain of 1.15%. Meanwhile, the Dow gained 2.39%, and the Nasdaq, a tech-heavy index, lost 0.45%.
Bank of America (BAC) closed at $21.10 in the latest trading session, marking a +0.33% move from the prior day. The stock lagged the S&P 500's daily gain of 1.15%. Meanwhile, the Dow gained 2.39%, and the Nasdaq, a tech-heavy index, lost 0.45%.
In the latest trading session, CVS Health (CVS) closed at $53.64, marking a -1.31% move from the previous day. This change lagged the S&P 500's 1.15% gain on the day. At the same time, the Dow added 2.39%, and the tech-heavy Nasdaq lost 0.45%.