There are some doubts about Apple sustainability amid coronavirus. Who will buy and who will produce new IPhones?
Banks and miners lift EU stocks
On Tuesday, European stocks demonstrated moderate revenues for a second session because strength among miners and banks suddenly offered a helping hand.
The STOXX 600 managed to gain 0.3%, which is in line with euro zone stocks as well as blue chips.
Basic resources stocks underpinned the index, gaining 1%, with Anglo American becoming the top notch FTSE gainer.
Marks & Spencer posted a soar in full-price sales, while its stocks dived 0.6%, on the back of dipping food sales. Counterparts Tesco along with Morrisons jumped more than 1%.
Construction equipment company Travis Perkins derived certain benefits from an upbeat update from peer Galliford Try, which reported full-year revenue at the top end of guidance.
Aside from that, broker notes also bolstered some moves, with top gainers represented by semiconductor producers STMicro and AMS after JP Morgan updated the Italian semiconductor producer to 'overweight'.
The so-called “stock market bloodbath” has continued on Friday with major indices falling down to the lows of the last October. What's going on?
Besides coronavirus, other news has been driving the stocks of Apple, Wallmart and General Motors to the lower levels.
US Fed comes right on time with the crisis support program announcement. How does the stock market react?
We could gain from buying emerging-market currencies such as South African rand, Mexican peso and Brazilian real.
Here are the most important topics that will determine the dynamics of currencies, commodities and stocks on Thursday, April 9. N