British stocks decreased on Friday, with the benchmark FTSE 100 Index down by 0.36 percent, or 21.97 points, to close at 5,993.28 points.
Hedge funds are reaching record levels of exposure to healthcare stocks as the coronavirus pandemic rages on, Goldman Sachs said Friday.
German stocks edged up on Friday, with the benchmark DAX index up 7.94 points, or 0.07 percent, to close at 11,073.87 points.
French shares closed flat on Friday, with the benchmark Paris CAC 40 down 0.02 percent, or 0.88 points, to end at 4,444.56 points.
Lenders led by Credit Suisse Group AG are targeting the family assets of Luckin Coffee Inc. Chairman Lu Zhengyao as they try to recoup losses on more than $500 million in margin loans that soured after the company became embroiled in an accounting scandal.
U.S. stock indexes dropped on Friday as Sino-U.S. tensions weighed on markets struggling to gauge the pace of economic recovery from the coronavirus.
U.S. stock indexes moved in a flat-to-low range on Friday as simmering Sino-U.S. tensions weighed on markets struggling to gauge the pace of economic recovery from the coronavirus.
Investors will need to be more agile than ever as Covid-19 reinforces many of the trends driving the world economy prior to the outbreak.
The following are the indices of major stock markets worldwide on Friday.
- Major stock market indices worldwide (Xinhua News Agency: May 22, 2020 at 2:06 AM)
- Major stock market indices worldwide (Xinhua News Agency: May 21, 2020 at 11:49 PM)
U.S. stocks opened flat on Friday as investors pitted hopes of more stimulus to revive an ailing economy against deteriorating U.S.-China relations over Beijing’s move to impose a national-security law in Hong Kong.