Global Stock Market

Wall Street stocks closed February on a noticeably shaky note, raising concerns about the resilience of a rise that began in early 2023. The Dow Jones Industrial Average had a solid start to the year in January, but it declined by 4.2% in February, bringing the blue-chip index’s annual decline …

Japan’s Nikkei index extended gains to close higher on Wednesday as sentiment improved after data showed manufacturing activity in China expanded in February at the fastest pace in more than a decade. The Nikkei index closed up 0.26 percent at 27,516.53 points, after falling as much as 0.5 percent earlier …

The S&P 500 retreated and the main US indexes are expected to record monthly losses on Tuesday as Treasury yields surged while investors are focused on bets concerning upcoming interest rate decision which is seen high for longer. Bank of America Global Research warned the Fed could even hike interest …

Rivian shares will be in focus after the bell as the electric adventure vehicle maker will report its Q4 financial results. The company’s new annual production target and its projected loss for 2023 are expected to be of particular interest for investorsFrom a deliveries standpoint, the company already reported that …

Target delivered better-than-expected earnings for the fourth quarter but warned about a slowdown as consumers continue to focus on necessities. Shares are still trading about 5% higher in pre-market Tuesday. Target posted of $1.89 on revenue of $31.4 billion, beating the average analyst estimate for earnings of $1.40 per share on …

Japan’s Nikkei index gave up most of its early gains to close slightly higher on Tuesday, as investors sold strong-performing stocks to bargain hunters amid the absence of a clear catalyst. The Nikkei ended the day’s trading, up 0.08 percent, at 27,445.56 points, after rising 0.6 percent. The broader Topix …

A report by The Information on Monday quoted people familiar with the matter as saying that Elon Musk has approached AI researchers in recent weeks about setting up a new research lab to develop an alternative to OpenAI’s ChatGPT. The report stated that Musk, the head of Tesla and Twitter, …

American equities rose sharply on Monday as investors sought to recoup some of their losses following Wall Street’s worst week of the year. Investors anticipate another strong week for retail profits.33 points, or 0.1%, were added to the Dow Jones Industrial Average. The Nasdaq Composite increased by 0.6% and the …

Japan’s Nikkei closed lower on Monday, guided by Wall Street, as investors expect US interest rate hikes to continue for a longer period after a batch of strong economic data. The index fell by 0.59 percent, before recovering some of its losses, and closing down 0.11 percent at 27,423.96 points. …

The TBS television channel reported that Japan intends to ease entry procedures into the country for those coming from China by canceling the requirement to undergo a Corona examination before boarding and upon arrival, as of March 1. The channel said, quoting several government sources, that Japan will cancel the …