Financial markets

FILE - In this May 25, 2020, file photo, Brazil's President Jair Bolsonaro, wearing a face mask amid the coronavirus pandemic, stands among supporters as he leaves his official residence of Alvorada palace in Brasilia, Brazil. Bolsonaro said Tuesday, July 7, he tested positive for COVID-19 after months of downplaying the virus's severity while deaths mounted rapidly inside the country. (AP Photo/Eraldo Peres, File)
July 09, 2020 - 6:11 pm
SAO PAULO — Two days after being diagnosed with COVID-19, Brazilian President Jair Bolsonaro has made an online broadcast from the presidential residence as defiant as in previous occasions. He coughed once in his appearance Thursday, but did not show other symptoms of the disease that has killed...
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Workers wearing masks walk by the New York Stock Exchange during the coronavirus pandemic, Thursday, July 9, 2020, in New York. (AP Photo/Mark Lennihan)
July 09, 2020 - 3:05 pm
NEW YORK (AP) — Stocks slumped on Wall Street Thursday amid worries that recent improvements in the economy may be set to stall as coronavirus cases continue to climb. The S&P 500 lost nearly all of Wednesday’s gains, with the sharpest drops hitting oil producers and other stocks whose fortunes...
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FILE -In this June 16, 2020 file photo, a sign for a Wall Street building is shown in New York. Earnings reporting season is about to get underway for big companies, and the forecasts are grim. Wall Street expects S&P 500 companies to report profits plunged by the most since the depths of the Great Recession during the second quarter. Earnings reports tend to matter deeply to investors because stock prices track the path of earnings over the long term. (AP Photo/Mark Lennihan, File)
KNSS News
July 09, 2020 - 9:28 am
NEW YORK (AP) — Like that last roll of ultra-thin toilet paper left on the shelves or the latest Star Wars movies, it’s tough to be disappointed in something when expectations were low to begin with. That’s how Wall Street is approaching the upcoming earnings season for companies. CEOs across the...
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A woman scratches a $30 instant ticket while playing the lottery at Ted's Stateline Mobil on Wednesday, June 24, 2020 in Methuen, Mass. The coronavirus pandemic has been a rollercoaster for state lotteries across the country, with some getting a boost from the economic downturn and others scrambling to make up for revenue shortfalls. (AP Photo/Charles Krupa)
July 09, 2020 - 8:39 am
Boston (AP) — The coronavirus pandemic has been a rollercoaster for state lotteries across the country, with some getting a boost from the economic downturn and others scrambling to make up for revenue shortfalls. Since March, Texas, Arkansas and Montana and several other states have seen an...
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A group of local defense force fighters drive their motorbikes during an event to inaugurate a new chapter of the group in Ouagadougou, Burkina Faso, Saturday, March 14, 2020. In an effort to combat rising jihadist violence, Burkina Faso’s military has recruited volunteers to help it fight militants. (AP Photo/Sam Mednick)
July 09, 2020 - 2:01 am
KONGOUSSI, Burkina Faso (AP) — Armed only with a knife, Issa Tamboure was no match for gun-wielding jihadists who attacked his village in northern Burkina Faso in March. So Tamboure, 63, rounded up his family — including his 13 children — and ran, eventually reaching a camp for people displaced by...
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Singapore Prime Minister and Secretary-General of the People's Action Party Lee Hsien Loong, second left, wears a face mask while talking to food vendors at a local market at Yio Chu Kang while on the campaign trail in Singapore July 3, 2020. Singaporeans go to the polls on July 10 in Southeast Asia's first election since the coronavirus pandemic began, with the health crisis and an economic recession expected to bolster Prime Minister Lee's party and extend its unbroken rule. (AP Photo/Ee Ming Toh)
July 08, 2020 - 7:56 pm
SINGAPORE (AP) — Singaporeans vote Friday in Southeast Asia’s first election since the coronavirus pandemic began, with the health crisis and a grim economy expected to bolster Prime Minister Lee Hsien Loong’s party and extend its unbroken rule. While victory seems secure for Lee’s People Action...
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Prime Minister Justin Trudeau arrives for a news conference on the COVID-19 pandemic outside his residence at Rideau Cottage in Ottawa, Thursday, June 18, 2020. (Justin Tang/The Canadian Press via AP)
July 08, 2020 - 3:40 pm
OTTAWA (AP) — The Canadian government is predicting a historic CDN$343 billion (US$254 billion) deficit for 2020-21 resulting from its economic and stimulus plans to battle COVID-19. The amount, included in a fiscal “snapshot” the Liberal government released Wednesday, is a huge jump from the CDN$...
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FILE - In this Tuesday, July 7, 2020 file photo, pedestrians wearing protective masks during the coronavirus pandemic pass by the New York Stock Exchange in New York. (AP Photo/Frank Franklin II, File)
July 08, 2020 - 3:12 pm
NEW YORK (AP) — U.S. stock indexes drifted higher on Wednesday, as more gains for big tech companies help make up for weakness elsewhere across Wall Street. The S&P 500 was 0.8% higher after erasing an earlier loss of 0.3%. Treasury yields and oil prices were also holding relatively steady. But...
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German Chancellor Angela Merkel addresses a plenary session at the European Parliament in Brussels, Wednesday, July 8, 2020. Germany has just taken over the European Union's rotating presidency, and must chaperone the 27-nation bloc through a period of deep crisis for the next six months and try to limit the economic damage inflicted by the coronavirus. (Yves Herman, Pool Photo via AP)
July 08, 2020 - 10:01 am
BRUSSELS (AP) — The coronavirus pandemic is showing the limits of “fact-denying populism,” German Chancellor Angela Merkel said Wednesday, as she urged European Union countries to quickly agree on a major economic recovery package and deprive nationalists of any opportunity to take advantage of the...
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FILE - In this Wednesday, March 11, 2020 file photo, Britain's Chancellor of the Exchequer Rishi Sunak stands outside No 11 Downing Street and holds up the traditional red box that contains the budget speech for the media, he will then leave to make budget speech to House of Commons, in London. British Treasury chief Rishi Sunak on Wednesday is set to announce a 2 billion pound ($2.5 billion) program to create jobs for young people as the government tries to revive an economy battered by the COVID-19 pandemic. (AP Photo/Kirsty Wigglesworth, File)
July 08, 2020 - 2:54 am
LONDON (AP) — British Treasury chief Rishi Sunak on Wednesday is set to announce a 2-billion-pound ($2.5 billion) program to create jobs for young people as the government tries to revive an economy battered by the COVID-19 pandemic. Announcement of the funding, which will create government-...
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