Friday 13 November 2020: US equity markets weaker amid fresh new daily records for COVID-19 cases in the US and Europe
Nov 12, 2020 ·
5m 41s
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Description
•US equity markets weaker amid fresh new daily records for COVID-19 cases in the US and Europe and further lockdown measures - Dow fell -317-points or -1.08% . The broader...
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•US equity markets weaker amid fresh new daily records for COVID-19 cases in the US and Europe and further lockdown measures - Dow fell -317-points or -1.08% . The broader S&P500 -1.%, with the decline leaving the index just 0.8% above last Friday’s (6 November) closing level of 3,509.44. Energy (down -3.39%) and Materials (-2.17%) led all elven primary sectors lower. Travel (United Airlines Holdings Inc down -4.31%, Carnival Corp -7.9%) and banking (JPMorgan Chase & Co down -1.23%, Citigroup Inc -1.33% and Wells Fargo & Co -1.57%) stocks among the biggest laggards. The technology-centric Nasdaq lost -0.7%.
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Information
Author | Morgans Financial Limited |
Organization | Morgans Financial Limited |
Website | - |
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