Nasdaq Composite continues to add gains Of the three major US stock indices, the Nasdaq Composite was the winner on Monday, adding 1% to take its year-to-date gain to 24%. The S&P 500 was also in the green, but the Dow Jones Industrial Average fell 0.3%, dragged lower by 2% plus losses from names, including…
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What to watch Abbott Laboratories: Medical giant Abbott Laboratories announced this week that it is launching its third coronavirus test, and that it could be screening up to 20 million people for Covid-19 antibodies by June. While its previous two tests can show whether a person currently has the disease, the new test will show…
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Adam Vettese, UK Market Analyst at eToro, has provided his daily commentary on traditional and crypto markets for February 3, 2020. On the first day back trading after the extended Lunar New Year holiday, investors fled Chinese stocks en masse. The Shanghai composite was down almost 8%, thousands of stocks hit their 10% daily limit…
Read moreFurther to our earlier post regarding the closure of Cyprus Airways, LeapRate has learned that serious discussions are taking place to save Cyprus' national air carrier. The latest we've heard is that both discount carrier Ryanair and Spanish carrier Iberia are both involved. The proposed deal would transfer ownership of Cyprus Airways from the Cypriot…
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