Daily Market News: Markets slip on China sanctions LeapRate

December 07, 2020 BY Steffy Bogdanova

Daily Market News: Markets slip on China sanctions

What to watch Coupa Software: California-based tech firm Coupa Software offers business spending management services, which provide companies with visibility into and control over their operations. The firm’s share price has soared in 2020, more than doubling. Coupa’s cloud-based products fit well into the current mass work-from-home environment. Companies facing economic difficulties who want to…

December 04, 2020 BY Steffy Bogdanova

Daily Market News: OPEC and Russia compromise on oil output

What to watch US jobs report: All eyes will be on November’s job report from the Bureau of Labor Statistics on Friday, investors will be watching to see whether surging Covid-19 case numbers in the US have damaged the labour market. In October, jobs growth was better than expected, and the unemployment rate fell to…

November 25, 2020 BY Steffy Bogdanova

Daily Market News: Dow closes above 30,000 for the first time ever

What to watch Deere & Company: Agricultural machinery firm Deere has added more than 50% to its share price in 2020, including a 27% gain over the past three months. While the lifting of pandemic-induced lockdowns is positive for the stock, the economic damage done by Covid is likely to have put a dent in…

November 10, 2020 BY Steffy Bogdanova

Daily Market News: Stocks soar on Covid-19 vaccine news, but US election concerns remain

What to watch Tencent Music Entertainment Group: TME is a joint venture between Chinese tech firm Tencent and Spotify to develop music streaming for the Chinese market, where its apps have more than 100 million paying subscribers. The firm, which has a US listing, has gained 28.8% in 2020 so far, behind the 63% and…

October 07, 2020 BY Steffy Bogdanova

Daily Market News: Stimulus hopes fade as Trump ends talks

What to watch RPM International: Specialty coatings and building materials firm RPM, which has an $11bn market cap, has gained 9.9% in 2020, including an 11.5% rally in the past five months. That caps off a 2019 which saw the company grow its share price by almost 30%. Today, the company will deliver its latest…

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