Company / Analytics

Analytics, 08 August 2020

Week 32 in Brief

How did the major indexes perform?

U.S. stock indexes closed mostly higher this week, despite Washington’s failure to produce a last-minute coronavirus aid package before Congress takes a summer recess, leaving America’s economic recovery hangs in the balance. Rising tensions between Beijing and Washington were also in focus after the Trump administration ordered a ban on transactions with a pair of China-based technology companies.

European markets finished higher on Friday with shares in Germany leading the region. Markets were boosted by telecoms, technology, and healthcare stocks.

Asian markets finished broadly lower on Friday with shares in Hong Kong leading the region.



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