Global Stock Market

Ukraine’s President Volodymyr Zelenskyy answered questions from corporate leaders at the Yale CEO Summit on Wednesday.The president urged companies that have not shut down operations in Russia to leave the country and instead set up their branches and new businesses in Ukraine. He also warned of widespread famine if Russia …

Japan’s Nikkei closed at its highest level in two and a half months, as major technology stocks tracked gains in Wall Street overnight and energy stocks rose, led by higher oil prices. The Nikkei rose 1.04 percent to 28,234.29 points, its highest close since March 29, and it continued a …

Oil prices rose on Wednesday before the release of data on US oil inventories, as tight supplies and increased demand for fuel supported crude futures contracts, while major Chinese cities eased restrictions imposed to contain the Covid-19 pandemic. Brent crude futures for August rose 22 cents, or 2 percent, to …

Risk aversion has been the one big title for financial markets during the North American trading session. The US dollar slid against major rivals in the last trading session of the day. Lower Treasury yields hindered demand for the dollar because the 10-y note yields 2.97%, after peaking earlier in …

US stock indexes slipped in mixed trading on Tuesday as investors digested Target Corp’s gloomy margin forecast that spooked the retail sector, while awaiting inflation data due later this week.Target’s shares slid 4.3% as the big-box retailer said it would have to offer deeper discounts and cut back on stocking …

The US Treasury secretary’s latest remarks about surging prices put the Biden administration in a defensive stance. At her previous hearing in 2021, Treasury Sec. Janet Yellen told the congress that it was time to “act big” on a pandemic relief package, in her attempt to downplay the then prevalent …

The American WTI crude oil has rebounded from session lows under $118 to closer to $120 despite a risk-off Wall Street open. Several topics are cited as supporting oil prices and encouraging dip-buying. Oil prices have rebounded in recent trade despite a relatively risk-off open on Wall Street after major …

Oil prices stabilized on Tuesday as the market weighed risk appetite, concerns over supply, and the prospect of increased demand as China eases its restrictions on the spread of the coronavirus. Brent crude futures were down 44 cents, or 0.3 percent, at $119.07 a barrel by 1209 GMT. US West …

Japan’s Nikkei gave up most of its gains to close flat on Tuesday, as worries about inflation and higher interest rates in the United States outweighed the rise of automakers and energy-related stocks. The index rose 0.1 percent to 27,943.95 points, after exceeding 28,000 points for the first time since …

The market sentiment dramatically changed from optimism during Asian trading session into pessimism during the US session. The early positive mood was on the back of hopes that the global economic situation would start improving after Beijing continued easing coronavirus-linked restrictions.The sentiment deteriorated after the bell on Wall Street, as …