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

Currencies

Next week

Choose one or several trading platforms and achieve your goals with Investors Europe

Investors Europe (Mauritius) Limited is authorised and regulated by the FSC Mauritius, license C112011088. Registered address: 3rd Floor Ebene House, Hotel Avenue,33 Cybercity, Ebene 72201, Republic of Mauritius. Registered Number: 113933.

Any information contained on this website is provided to you for informational purposes only and should not be regarded as an offer or solicitation of an offer to buy or sell any investments or related services that may be referenced here. Investing in certain instruments, including stocks, options, futures, foreign currencies, and bonds involve a high level of risk. Trading on margin comes with substantial risk as well. You must be aware of these risks before opening an account to trade. The income you may get from online investing may go down as well as up.