OFF THE WIRE
Gold has risen once again to a new high for the year
Kitco Commentary - Feb 20, 2020 06:25PM(Kitco News) - Now for the fifth consecutive day gold pricing has closed higher on the day.
Wall St. eases, led by tech decline on mounting fears coronavirus could spread
Reuters - Feb 20, 2020 06:16PM(Kitco News) - U.S. stocks fell on Thursday, led by declines in technology heavyweights, after reports of new coronavirus cases in China and other countries intensified fears over its spread and impact on the global economy.
Dollar slams yen and safe-haven status, gold gains
Reuters - Feb 20, 2020 04:42PMThe rally in U.S. equities took a pause and the strong dollar got stronger on Thursday.
Too early for accurate figures on coronavirus impact on global growth: IMF
Reuters - Feb 20, 2020 03:08PM(Kitco News) -
World government debt to hit record $53 trillion this year: S&P Global
Reuters - Feb 20, 2020 02:27PM(Kitco News) -
U.S. labor market remains strong; manufacturing likely stabilizing
Reuters - Feb 20, 2020 02:17PM(Kitco News) -
Shipping lines, ports count cost as coronavirus hits supply chains
Reuters - Feb 20, 2020 12:49PM(Kitco News) - China is struggling to resume normal trade operations as fallout from the coronavirus outbreak hits container shipping lines and logistics chains, with goods stuck and costs mounting, industry officials say.
World government debt to hit record $53 trillion this year: S&P Global
Reuters - Feb 20, 2020 12:48PM(Kitco News) - The amount of debt owed by the worlds governments will jump to a record $53 trillion by the end of the year, S&P Global estimated on Thursday, with $8.1 trillion set to borrowed this year alone.
Judge sentences Trump adviser Stone to three years and four months in prison
Reuters - Feb 20, 2020 12:47PM(Kitco News) - A federal judge on Thursday sentenced President Donald Trump's long-time adviser Roger Stone to three years and four months in prison for charges that include lying to lawmakers investigating Russian interference in the 2016 U.S. presidential election.
Wall Street drops more than 1% as coronavirus fears grow
Reuters - Feb 20, 2020 12:10PM(Reuters) - U.S. stock indexes fell more than 1% on Thursday, with technology stocks among the hardest hit as investors weigh how bad the economic damage will be from the coronavirus outbreak as the number of cases rise outside of China.
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