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24 Jul 2020

S&P 500 Index down 0.35% on Friday after Florida reports 12,444 new COVID cases

Florida's Department of Health announced on Thursday that the number of confirmed coronavirus cases in the state increased by 12,444 to a total of 402,312, as reported by Reuters.

Further details of the daily update revealed that COVID-19-related fatalities in Florida rose by 136 to 5,768 and current hospitalizations declined by 302 to 9,253.

Market reaction

Investors largely ignored this report and the market mood remains sour with major US equity indexes trading in the negative territory. As of writing, the S&P 500 Index (SPX) was down 0.35% on the day at 3,224.

 

Jul 24, 2020

US Justice Department official: China accounts for disproportionate share of trade secret cases

"It is understood that consulates will conduct some intelligence activity but this can be exploited," a senior official for the US Justice Department
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Jul 24, 2020

GBP/USD: Sterling defies global gloom

GBP/USD has advanced amid vaccine hopes but suffered amid external tensions. The cable is now trading near the 1.28 level as the UK stats defeat globa
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