Thursday Outlook: Stocks dip on pandemic surge; fading stimulus hopes

SourceZawya
SectorFinancial Markets
CountryGCC

Thursday Outlook: Stocks dip on pandemic surge; fading stimulus hopes Dollar rallies on an impasse over U.S. stimulus; oil holds; gold jumps    Dividers are seen inside a trading post on the trading floor as preparations are made for the return to trading at the New York Stock Exchange (NYSE) in New York, U.S., May 22, 2020. Zawya brings you all the latest news and insights relevant to Middle East and global investors in equities, commodities and currencies.Global shares slip on pandemic surge, failing stimulus hopesMSCI's broadest index of Asia-Pacific shares outside Japan lost 0.5% while Japan's Nikkei dropped 0.5%Oil holds gains on shrinking U.S. stockpilesOil markets climbed for a third day despite a resurgence in COVID-19 infections across Europe potentially denting fuel demandYen firm as global lockdown worries return, ...read more...