RTTNews | Jul 30, 2020 04:45PM EDT

04:45 Thursday, July 30, 2020

|BEGINSUB|Asian Shares Mixed After Fed Meeting|ENDSUB|Asian stocks ended mixed on Thursday as the relentless surge in coronavirus cases around the world offset investor optimism over the Federal Reserve's dovish policy statement.Fed policymakers renewed their pledge to utilize all means at their disposal to set the virus-hit economy on the path to recovery but warned that the outlook would depend on the course the virus takes.

|BEGINSUB|European Stocks Close Sharply Lower On Growth Worries|ENDSUB|European markets ended sharply lower on Thursday as stocks plunged due to a heavy sell-off as worries about the impact of the coronavirus pandemic mounted after data showed a sharp contraction in U.S. GDP, and on the Federal Reserve's weak outlook for the economy.

|BEGINSUB|Nasdaq Rebounds Into Positive Territory After Early Slump But Dow, S&P 500 Remain In The Red|ENDSUB|After falling sharply early in the session, stocks showed a significant rebound over the course of the trading day on Thursday. The major averages climbed well off their worst levels of the day, with the tech-heavy Nasdaq bouncing into positive territory.

|BEGINSUB|Stock Alert: United Parcel Service Hits New 52-week High |ENDSUB|Shares of United Parcel Service, Inc. are rising 11 percent or $14.07 in Thursdays morning trade at $137.75, after earlier touching a new 52-week high of $138.23 as the companys second-quarter results beat analysts expectations.

Thursday, United Parcel Service reported second-quarter net income of $1.77 billion or $2.03 per share. Adjusted earnings of $2.13 per share beat the consensus estimate of analysts polled by Thomson Reuters of $1.07 per share.

|BEGINSUB|Stock Alert: At Home Group Surges As It Sees Best Quarter In History |ENDSUB|Shares of At TS:HOME Group Inc. (TS:HOME) are surging 37 percent or $3.50 in Thursdays morning trade at $12.94, after earlier touching a new 52-week high of $13.25.

Wednesday, the Plano, Texas-based operator of TS:HOME dcor superstores said it expects to report the best quarter in its history as a public company in terms of comparable store sales, sales, and profitability, as well as the lowest leverage ratio.

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