Company / Analytics

Analytics, 20 June 2020

Week 25 in Brief

How did the major indexes perform?

All three US indices finished the week with modest gains. On Friday, the indexes gave up strong gains to close mostly lower on the session, after headlines raised concern about a resurgence of the coronavirus, a slowdown in the economy’s recovery, and as Apple said it will re-close nearly a dozen stores due to rising case counts.

European stocks rose gained on Friday and were headed for a weekly gain after days of worries over rising coronavirus cases in parts of the world. Potential good news on the U.S.-China trade front also drove the momentum.

Asian markets finished higher on Friday with shares in China leading the region, but trading was mixed as optimism about a possible global economic recovery was tempered by concern over rising coronavirus infections.

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The week Ahead?

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