European shares fell, tracking Asian shares slump amid fears of slowing global growth, while expectations are growing that the European Central Bank will announce a timetable to slow bond purchases later in the day. The European Stoxx 600 index fell 0.8 percent to its lowest level in three weeks, and …
Read More »European Stocks Down Ahead of ECB Meeting
European stocks fell, as concerns about slowing global growth weighed on sentiment, while investors’ eyes turned to the European Central Bank meeting for indications on plans to reduce stimulus. The European Stoxx 600 index fell by 1% and is on track to record its largest daily drop in three weeks, …
Read More »European Stocks Down Ahead of ECB Meeting
Europe’s stocks markets declined on Tuesday, with investors anticipating Thursday’s meeting and rate decision by the European Central Bank (ECB). Today, the STOXX Europe 600 Index finished lower by 2.32 points or 0.49% at 472.87. The German DAX lost 89.03 points or 0.56%, its worst decline since August 19, closing …
Read More »U.S. Major Indices Open Modestly Lower after Labor Day
The US stock market opened modestly lower after the Labor Day holiday on Monday. US major indices opened modestly lower at the start of the North American session on Tuesday. The S&P 500 index was lower by 2.5 points at 4524, while Dow Jones was down by 26.5 points at …
Read More »U.S. Stock Futures Show Wall Street on Track for Another Rise
The New York Stock Exchange (NYSE) could be rising to new record highs, as evident by today’s rise of the U.S. stock futures on Monday, with the futures on the S&P 500 rising by 0.3%. In addition, most stock markets performed positively today, signaling that Wall Street might be up …
Read More »European Stocks Begin Week with Positive Performance
European stocks rose on Monday, opening the week with a positive performance after registering their best monthly performance since May last month. The STOXX Europe 600 index added 3.26 points or 0.69% today to close at 475.19 points, logging its second-highest closing level of all time. France’s CAC40 index finished …
Read More »Dubai TV Interview, Sept 06, 2021
Speaking to Dubai TV on Monday, Mohamed Hashad, Director of Research and Development at Noor Capital, discussed the current situation across global markets, with anticipation for a number of developments over the course of the week. the US Non-Farm Payrolls Report The US job data had a massive impact on …
Read More »Wall Street Mixed as Nasdaq Logs Another Record High
The main indices of the New York Stock Exchange (NYSE) showed a mixed performance on Friday, with Wall Street investors reacting to the disappointing nonfarm payrolls data for last month, which increased concerns over the pace of recovery from the coronavirus (COVID-19) pandemic. The Dow Jones Industrial Average closed lower …
Read More »Tech Stocks Sees Highest Investments in Six Months – BofA
More investors are leaning towards slowing-growth assets, amid rising inflation rates, according to a weekly investment-monitoring report by the Bank of America, as cited by Reuters on Friday. Technology stocks witnessed the highest inflows since March at $2.5 billion. Meanwhile, high selling was seen on Treasury bonds and other U.S. …
Read More »European shares Fall Before US PMI And NFP
European shares fell on Friday, ahead of US employment data that could affect the Federal Reserve’s policy outlook, while fresh concerns about slowing Chinese growth took a toll on sentiment. The pan-European Stoxx 600 index fell 0.2% but was on track for limited weekly gains. Banks and financial services stocks, …
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