Company / Analytics

Analytics, 12 September 2020

Week 37 in Brief

How did the major indices perform?

U.S stocks closed slightly higher on Friday, though Wall Street finished the volatile week lower. The Nasdaq Composite booked its sharpest weekly loss since March 20, during the height of the coronavirus pandemic selling. U.S politicians also failed to agree on a new coronavirus rescue package after Democrats blocked a Republican bill on the Senate floor.

Economic data

Stocks in focus

European shares closed higher on Friday supported by M&A activity, in a week that saw growing prospects of a no-deal Brexit, and the ECB held interest rates steady and fears of a recession.

Asian markets finished higher on Friday with shares in China leading the region. Shares struggled to stem a bearish mood on Friday after US big tech firm shares fell again overnight on growing doubts about US stimulus and worries about their stretched valuations.

Commodities and other assets


Next week

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