World stocks perk up as volatile week ends on a high

LONDON (Reuters) – World stocks markets perked up on Friday after a volatile week in which sentiment over the global economic outlook waxed and waned with each new headline on the Delta variant of the coronavirus.FILE PHOTO: The London Stock…

U.S. housing market floats back to earth

NEW YORK (Reuters) – The U.S. housing market appears to be straining under the weight of its own pandemic-driven success. Recent data shows the sector is returning from the stratosphere and coming back to pre-COVID levels, as evidenced by a…

U.S. housing market floats back to earth

NEW YORK (Reuters) – The U.S. housing market appears to be straining under the weight of its own pandemic-driven success. Recent data shows the sector is returning from the stratosphere and coming back to pre-COVID levels, as evidenced by a…

Dollar and bonds rally as virus fears oust inflation jitters

SHANGHAI/LONDON (Reuters) – The dollar neared its year-high and bonds rallied further on Wednesday, as the rapid spread of the Delta coronavirus variant displaced inflation as investors’ primary concern and sent them rushing for safe-haven assets.FILE PHOTO: The London Stock…

Wall Street staunches sell-off despite COVID variant fears

NEW YORK (Reuters) – Wall Street reeled back on Tuesday from a sell-off and yields on other safe havens including U.S. Treasuries bounced back from new lows even as investors worried about the impact of a resurgence in COVID-19, spurred…

Futures edge higher ahead of retail sales data

(Reuters) – U.S. stock index futures edged higher on Friday, with investors piling on economically sensitive energy, banks and travel stocks ahead of key retail sales data that would shed light on the strength of the economic recovery.FILE PHOTO: The…