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Coronavirus
VERY HIGH
Pakistan Deaths
18,993
7824hr
Pakistan Cases
861,473
344724hr
Sindh
292,644
Punjab
319,365
Balochistan
23,447
Islamabad
78,200
KPK
124,484

Federal Reserve

Gold gains in Europe
Markets

Gold gains in Europe

AMSTERDAM/LONDON: Gold rose for a second straight session on Thursday after the dollar retreated, as investors...
Published 07 May, 2021 04:35am
Alphabet pushes S&P 500 to record high, props up Nasdaq
Markets

Alphabet pushes S&P 500 to record high, props up Nasdaq

  • Alphabet jumps on record profit, plans $50 billion buyback.
  • Communication services leads gains among S&P 500 sectors.
  • Boeing falls on wider-than-expected quarterly loss.
  • Microsoft shares down on valuation.
  • Indexes: Dow down 0.44%, S&P up 0.19%, Nasdaq up 0.13%.
Published 28 Apr, 2021 09:08pm
Markets mostly up before Fed, Biden
Markets

Markets mostly up before Fed, Biden

  • The Dow Jones was off 0.3 percent in early trading despite a strong rise for Google parent Alphabet, which added 5.7 percent on surging ad sales.
Published 28 Apr, 2021 07:35pm
Yields higher as traders look to Wednesday auction
Markets

Yields higher as traders look to Wednesday auction

  • The benchmark 10-year yield was up 4.1 basis points at 1.6135%, continuing its increase from multiweek lows reached April 15.
  • Investors were watching to gauge the market's appetite for $24 billion of 20-year bonds scheduled to be auctioned on Wednesday, said Justin Lederer, Cantor Fitzgerald Treasury analyst.
Published 19 Apr, 2021 08:16pm
US MIDDAY: Gold climbs
Markets

US MIDDAY: Gold climbs

NEW YORK: Gold scaled a more than one-month peak on Thursday as US Treasury yields slipped despite...
Published 16 Apr, 2021 03:40am
Bank of America profit more than doubles on reserve release boost
Business & Finance

Bank of America profit more than doubles on reserve release boost

  • The second-largest US bank by assets unlocked $2.7 billion from its reserves and unveiled a $25 billion stock repurchase plan, betting on a swift economic recovery driven by rapid vaccinations.
  • Consumer banking revenue at the bank, however, fell 12% to $8.1 billion in the quarter ended March. Net interest income, a key measure of how much the bank can make from lending, fell 16% to $10.2 billion in the quarter.
Published 15 Apr, 2021 04:13pm