European stocks extended gains for the third consecutive session Thursday, July 22nd, with market sentiment boosted by signs of a strong earnings season and expectations that the European Central Bank will not deviate from its monetary easing policy. The STOXX Europe 600 Index rose 0.5% by 07:14 GMT. The index …
Read More »Asian Stocks Maintain Their Strength
Asian stock markets followed Wall Street’s lead, rising on Thursday’s trading, amid positive corporate earnings and optimism about the US economic recovery. The Hang Seng Index led the gains, jumping more than 1.5%, on reports that China will continue to open its financial sector and improve rules for foreign banks …
Read More »European Stocks Log Highest Daily Gain in 12 Weeks
European stocks finished higher on Wednesday for the second consecutive session, amid an improvement in investors’ sentiment, despite concerns about the Delta variant of the coronavirus (COVID-19). The STOXX Europe 600 index surged by 7.36 points or 1.65% to close at 453.97 points, supported by large gains by blue chips, …
Read More »Wall Street Opens Higher After Strong Results
Major US stock indexes opened higher on Wednesday, with renewed optimism about the health of the US corporate sector after strong quarterly results from companies such as Johnson & Johnson and Coca-Cola. The Dow Jones Industrial Average rose 45 points, or 0.13 percent, to 34,556.96 points, the S&P 500 index …
Read More »Japanese Stocks Rise After Five Sessions of Losses
Japanese stocks snapped a five-session losing streak as investors re-purchased shares whose prices fell amid cautious optimism about earnings ahead of a long weekend marking the start of the Tokyo Olympic Games. The Nikkei index closed up 0.58 percent at 27,548 points, rebounding from Tuesday’s six-month low, although it failed …
Read More »Leading Stocks And Travel Companies Lead The Gains in Europe
A series of strong results from European blue-chip companies helped the region’s stock index rise on Wednesday and continue to recover after Monday’s sharp losses, while travel stocks returned to their strong performance after weeks of declines. The pan-European Stoxx 600 index was up 0.7%, while leisure and travel stocks …
Read More »NYSE Snaps Three-Week Rising Streak
The New York Stock Exchange (NYSE) closed lower on Friday, erasing earlier gains after data showed increased fears over inflation reflecting negatively on consumer confidence. All the major indices finished the week in losses, ending a three-week rising streak that saw multiple record-breaking levels. The Dow Jones Industrial Average lost …
Read More »European Stocks Finish the Week in Losses
Europe’s stocks closed lower on Friday, nearly doubling their weekly losses amid concerns about the resurgence of the coronavirus pandemic with the spread of the Delta Variant. STOXX Europe 600 lost 1.46 points or 0.32% to close at 454.74, registering its third consecutive daily decline, down for the week by …
Read More »The Recovery of The Travel Sector Lifts European Stock Indices
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 »