Stimulus Uncertainty Drives Wall Street Down; Jobless Claims Rise
Investors were waiting for the earnings season to kick into full swing with results from JPMorgan, Citigroup and Wells Fargo slated for Friday.
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Market Report: 14 January, 2020
The derivatives market of the NSE posted an exponential growth in activities, with 30 contracts valued at Kes 851,925 concluded
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Asian Markets Trade Mixed as China Releases December Trade Data; Coronavirus Numbers Worrying
China’s exports rose 18.1% in December as compared with a year earlier, according to customs data released Thursday.
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Oil Prices Declines as Rising Coronavirus Infection Numbers Worries
A hefty COVID-19 relief package, which U.S. President-elect Joe Biden is due to unveil on Thursday, also kept losses in check.
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Wall Street Gains with Investors Keen on Next Fiscal Stimulus
Earnings reports from big U.S. banks including JPMorgan and Citigroup were also on investors minds as they will mark the unofficial start to the fourth-quarter earnings season on Friday.
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