European stocks finished Monday at another record-high closing level with investors closely monitoring economic indicators and earnings reports. The STOXX Europe 600 index gained 0.71 points, or 0.15%, to close at an all-time high of 470.68 points. The pan-European index has maintained an upwards trend for six consecutive trading sessions, …
Read More »European Shares Mixed With The Decline in Commodity Prices
The performance of European stocks varied in early trading, as the leading British stock index was affected by the decline in commodity prices, while other indices in the region stabilized near their recent high levels with the end of the corporate earnings season. Shares of oil companies Royal Dutch Shell, …
Read More »Wall Street Finish at New Record Highs
Wall Street continued to break new record highs, with two of the main indices on the New York Stock Exchange (NYSE) finishing Friday at new all-time highs after data showed a huge surge in U.S. employment during July. Data provided support for expectations of a strong economic recovery and an …
Read More »European Stocks Score Third Consecutive Weekly Rise
European stocks finished nearly unchanged on Friday, ending their best week since mid-March, and maintaining an upward trend for the third consecutive week. The STOXX Europe 600 index gained 0.01 points to finish at 469.97 points, a new record high. The pan-European index added 8.23 points or 1.78% for the …
Read More »S&P 500 Index Hits New Record High after Strong Jobs
ON FRIDAY, the S&P 500 index opened higher after the strong rise in the US non-farm payrolls in July. The index rose 0.2% on the day and reached a record high of 4440. The Dow Jones Industrial Average rose 13.2 points, or 0.45%, to 35,223 points, while the Nasdaq Composite …
Read More »European shares are falling, but they are about to record the strongest weekly performance again
European shares fell slightly on Friday ahead of an important US jobs report, but were on track to close the week higher as investors boosted confidence in the region’s economic recovery and corporate earnings growth. The pan-European Stoxx 600 index fell 0.1% in early trading after four sessions of gains …
Read More »Wall Street Closes at Record Highs on Employment Data
The New York Stock Exchange (NYSE) continued to break record highs on Thursdays, with Wall Street investors reacting to the decline in jobless claims and ahead of the release of July’s employment data. The initial claims for unemployment benefits in the U.S. fell by 14,000 to 385,000 last week and …
Read More »European Stocks Close at Another Record High
European stocks continued to push higher into new record levels on Thursday, with investors monitoring economic data and earnings reports. The STOXX Europe 600 index added 1.74 points, or 0.37%, to close at 469.96 points. The pan-European index has maintained a rising trend for four consecutive sessions, breaking multiple record …
Read More »US Stock Futures Continue to Rise Ahead of Wall Street Open
Futures contracts linked to the major US stock indexes rose moderately in Thursday morning trading as Wall Street appeared to be improving in a mixed week. Waiting for the US labor market data, which is considered the latest and most prominent in the US market this week. At 9:31 AM …
Read More »Uber’s Results Beat Expectations in Q2
Uber announced its results for the second quarter of this year, which came in better than expected. Earnings per share: 58 cents versus an expected loss of 51 cents. Revenues: $3.93 billion, compared to an expected $3.75 billion. Uber reported a net profit of $1.1 billion for the quarter. This …
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