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Yahoo BusinessSep 20, 2020
Dollar Slips; Stocks, Futures Drift on Low Volume: Markets Wrap
(Bloomberg) -- The dollar began Monday on the back foot after weakening last week, while U.S. stock futures fluctuated and Asian equities drifted on subdued trading volumes impacted by a holiday in Japan. The offshore yuan edged higher.Shares advanced in Seoul as trade data showed a continuing recovery for the South Korean economy, while equities started the week flat in Hong Kong and Australia. HSBC Holdings Plc's shares fell to the lowest since 1995 in Hong Kong, echoing a decline in London on Friday.Japan's stock market was shut. The dollar edged lower against its main G-10 peers. Taiwan's dollar strengthened to a level not seen in seven years. Treasury futures were little changed, with cash bonds not trading until the London open due to the Japan holiday. Crude oil retreated.As U.S.-China tensions linger, President Donald Trump said he's approved Oracle Corp.'s bid for the U.S. operations of TikTok "in concept." The Trump administration's curbs on WeChat were put on hold by a judge, upending an effort to halt use of the Chinese-owned app in the U.S.Investors remain watchful for any signs of progress on a U.S. fiscal stimulus package, while Federal Reserve Chair Jerome Powell will testify before Congress from Tuesday to Thursday to discuss pandemic relief efforts. Covid-19 cases in the U.S. steadied as deaths approached 200,000 and over in the U.K., the Health Secretary said the country is at a "tipping point.""We do have concerns down the stretch about the markets reacting poorly to some of

Google Business NewsSep 20, 2020
Most of the US is headed in the wrong direction again with Covid-19 cases as deaths near 200,000 - CNN
Most of the US is headed in the wrong direction again with Covid-19 cases as deaths near 200,000  CNN

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