Friday , 26 December 2025

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US futures pinned to lower limit; oil drops to 17-year low

Bloomberg US equity futures declined along with European stocks on Wednesday, retracing moves from a day earlier while bonds slumped as traders weigh the impact of fiscal and monetary stimulus to counter the effect of the coronavirus. Oil dropped to a 17-year low. Contracts for the S&P 500 once again hit their lower trading curbs after the gauge jumped 6% …

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India’s Sensex falls to 3-year low as virus torments economy

Bloomberg Indian equities declined anew, with the benchmark index tumbling to a three-year low, as worries mounted that the world’s second-most populous nation could become the next global hotspot for coronavirus infections, further damaging an already fragile economy. The S&P BSE Sensex slumped 5.6% to 28,869.51 to its lowest level since March 2017, marking a third straight session that ended …

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SNB virus fallout sees franc pushed to a five-year high

Bloomberg Pressure is intensifying on the Swiss National Bank (SNB) to join policy makers around the world who’ve cut interest rates and increased stimulus in response to the coronavirus (Covid-19) outbreak. The central bank hasn’t dropped a bombshell so far this year, despite the franc being at a five-year high against the euro. Instead, data suggest it’s relied on occasional …

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