European shares rose on Friday, July 16, after travel stocks rebounded, following sharp losses earlier in the week, while a slew of positive business results overshadowed concerns about the rising delta strain cases on the continent. The European STOXX 600 index rose 0.3%, making it destined to end the week …
Read More »European Stocks Log Biggest Loss in Week
European stocks finished lower on Thursday, with the energy sector leading the losses due to the drop in crude oil prices. The STOXX Europe 600 index closed lower by about 1%, logging its biggest decline and its lowest closing level since July 8, at 456.20 points. Oil and gas stocks …
Read More »Wall Street Closes Mostly Higher After Powell’s Testimony
The main indices of the New York Stock Exchange (NYSE) finished mostly higher on Wednesday, with Wall Street investors digesting the Federal Reserve Chairman Jerome Powell’s testimony before lawmakers, in which he vowed patience and no rush in raising interest rates in response to the rising inflation. Powell expects inflationary …
Read More »European Stocks Log First Loss in Four Sessions
Stocks in Europe closed lower on Wednesday, with investors reacting to the recent surges in inflation rates in both the U.S. and the U.K, with June’s readings of the consumer prices index (CPI) in both countries exceeding market expectations. STOXX Europe 600 lost 0.40 points, or 0.09%, to close to …
Read More »Wall Street Closes Lower After Inflation Surge
The New York Stock Exchange (NYSE) closed lower on Tuesday, after logging new record highs yesterday, as Wall Street investors responded to the huge surge in inflation. June’s reading of the Consumer Price Index (CPI) showed a 5.2% surge, exceeding market expectations. The Dow Jones Industrial Average declined by 0.31% …
Read More »European Stocks Stabilize Maintain Record Highs
Europe’s stock markets closed mostly unchanged on Tuesday but maintained an upward trend for the third consecutive session. The STOXX Europe 600 index finished higher by 0.13 points, or 0.03%, at a new record high of 460.96 points. Over the past three sessions, the pan-European index recovered its earlier losses …
Read More »Wall Street Mixed Following Inflation Data
The main indices of the New York Stock Exchange (NYSE) that all logged new record highs by the end of the week’s first session are showing a mixed performance on Tuesday, with Wall Street reacting to the release of inflation data. The Dow Jones Industrial Average is marginally down by …
Read More »The TOPIX Index Closes Near a Month-High
Japanese stocks rose on Tuesday, July 13th, with the broader TOPIX index nearing its highest level in nearly a month, after markets recovered from last week’s sell-off, while a host of corporate results awaited to extract fresh clues about the health of Japan’s economy. The Nikkei index closed up 0.52% …
Read More »Wall Street Closes at New Record Highs
The New York Stock Exchange (NYSE) finished Monday’s trading with another record-breaking performance amid an improved risk sentiment among Wall Street investors, who are anticipating major economic data led by the reading of the inflation rate, with the Consumer Price Index (CPI) June reading due tomorrow. The Dow Jones Industrial …
Read More »European Stocks Hit New All-Time High
European stocks surged on Monday, rising for the second consecutive session and hitting new record highs amid anticipation for the earnings reports by major listed companies across the continent and around the globe. The STOXX Europe 600 index finished higher by 3.16 points or 0.69% to finish at an all-time …
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