Stocks register slip as markets await US stimulus package
September 29, 2020

Stocks register slip as markets await US stimulus package

LONDON (UK) – As investors awaited an agreement on a US stimulus package stocks slipped on Thursday. The greenback slid to a two-year low amid fears that recovery in the world’s largest economy was trailing others.

Frankfurt gained 0.2% as investors received a fresh batch of corporate earnings reports.

Euro STOXX 600 dipped 0.2% after opening in the black. London’s lost 1.3% as the pound climbed to a five-month high. This comes after the Bank of England kept interest rates steady.

Siemens registered a climb of 2.9% as its CEO said it was seeing an improvement in its business climate in China.

The MSCI world equity index, monitoring shares in 49 countries, registered a narrow slip into the red.

Asia reflected the mood in Europe with stocks outside Japan rising to a six-and-a-half month peak before shedding some of those gains.

(Photos syndicated via Reuters)
This story has been edited by BH staff and is published from a syndicated field

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