Global Stock Market

Japan’s Nikkei index closed higher on Monday after Japan’s coalition government consolidated its majority in the upper house of parliament in Sunday’s election. The Nikkei closed up 1.11 percent at 26,812.30 points, after climbing as much as 2 percent earlier in the session to its highest level since June 13. …

Elon Musk decided that he is no longer interested in acquiring Twitter, so he told the company of terminating their deal on Friday.Although Musk signed a binding merger agreement, he said Twitter is in “breach” for allegedly refusing his information requests and making employee changes. The deal has been tumultuous …

The US Bureau of Labour Statistics will release the May jobs report on Friday, July 8 at 12:30 GMT. Expectations are for a rise of between 268000 and 270000 (just under 300000) in Nonfarm Payrolls following the previous reading of 390000 increase in May (just under 400000). The Unemployment Rate …

The Dow Jones Industrial Average climbed 250 points Thursday morning, reflecting positive global trade, as investors digested an early batch of jobs data. The highly anticipated US payrolls report is due out Friday morning.Tesla traded up around 3% early Thursday. Elsewhere, Dow Jones tech leaders Apple and Microsoft were squarely …

Japanese stocks closed higher on Thursday, July 7, as investors continued to seek to benefit from a decline in technology stocks, with sentiment boosted by the gains made by Wall Street overnight. The Nikkei index rose 1.47% to close at 26,490.53 points, and the broader Topix index rose 1.42% to …

Japan’s Nikkei index closed lower on Wednesday after a two-day rally, dragged down by energy stocks, as fears of a global economic slowdown weighed on the market. The Nikkei index fell 1.20 percent to close at 26,107.65 points. The broader Topix index fell 1.23 percent to 1,855.97 points. Shares of …

Japan’s Nikkei index closed higher by one percent on Tuesday as investors sought to snipe declining technology shares, as well as stocks receiving support from rising Asian stocks and US futures. The Nikkei rose 1.03 percent to close at 26,423.47 points. The broader Topix index rose 0.5 percent to 1,879.12 …

Asian shares achieved shy gains, but European indexes maintained the green the territory with some difficulty, reflecting persistent growth and inflation concerns while Wall Street futures responded to such fears by edging lower.Financial markets witnessed a quiet start of the week, as US markets were closed commemorating the Independence Day …

Japanese shares closed higher on Monday, supported by utility companies as the country continues to grapple with an unprecedented heat wave. Overall, investor sentiment remained low on widespread fears of a global economic slowdown, with trading slowing ahead of the US Independence Day holiday on Monday. The Nikkei index rose …

Financial Markets’ Weekly Recap, June 27 – July 1 Last week, financial markets sent several warnings that global economic growth slowdown is looming and recession has become most probable, however there is no general agreement among market participants on ‘when’ entering into recession could take place.  Gold As trading kicks …