European shares rose on Friday, September 17, heading for weekly gains, as news that Britain is considering easing travel restrictions boosted shares of airlines and hotel groups, and a rebound in luxury goods stocks supported major indexes. By 0711 GMT, the pan-European Stoxx 600 index increased 0.7%, on track to …
Read More »Japan Shares Close With Gains For The Fourth Consecutive Week
Japanese stocks closed higher on Friday, September 17th, posting gains for the fourth consecutive week, as chip heavyweights jumped and some investors contributed to the latest gains. Hopes for new political leadership, an increase in COVID-19 vaccinations, and a decline in infections rose to the Nikkei index by an average …
Read More »Canadian Stocks Fall on Drop in Commodity Shares
The Toronto Stock Exchange S&P/TSX index declined 92 points, or 0.4% to 20,602 on Thursday.This low has been driven by a drop in commodity-linked stocks as gold futures fell to one-month lows and as China reiterated plans to release more metals from its reserves.WTI crude stabilised near a 6-week high …
Read More »Wall Street Turns Red after a New Jump in U. S. Jobless Claims
Wall Street fell after disappointing jobs data, ignoring improvement in retail sales, as investors weigh mixed signals in the latest U.S. economic data. The Dow Jones Industrial Average lost 200 points and moved down 0.5%, coinciding with weekly jobless claims that rose and August’s retail sales unexpected jump. The S&P …
Read More »U.S. Major Indexes Trading Mixed after U.S. Macro Data
US stocks are trading mixed at the US session, and financial stocks post solid gains with higher US Treasury yields. Despite expectations of declining retail sales due to a rapidly spreading delta mutator, US retail sales unexpectedly rose in August by 0.7% to $618.7 billion. The Philadelphia Fed Manufacturing Index …
Read More »European Shares Rise on Travel Rebound
European shares rose today as a rebound in travel stocks and gains in Wall Street overnight helped ease concerns about a slowing Chinese economy that has dragged miners down. The pan-European Stoxx 600 index rose 0.6 percent after closing at a six-week low in the previous session. Travel and leisure …
Read More »Japan Shares Close Lower on Profit-Taking
Japanese stocks closed lower for the second consecutive session on Thursday, as investors continued to book profits after the recent rally boosted by hopes of new political leadership. The Nikkei index fell 0.62 percent to close at 30,323.34 points, after rising about 0.36 percent earlier in the session. The broader …
Read More »Led by Energy Shares, Canada’s Stocks Rebounds from 3-Week Low
Canada’s main stock index rose on Wednesday as a direct impact of a jump in oil prices giving a boost to energy shares.Higher yields of the Canadian bonds still contribute to helping strengthen the country’s financials, including the stock market.The Toronto Stock Exchange’s S&P/TSX composite index ended up 140.54 points, …
Read More »Japan’s Nikkei Falls From 3-Decade High on Profit-Taking
Japan’s Nikkei fell at the close on Wednesday from a three-decade high hit in the previous session as investors took profits after a strong rally in the past two weeks, as regulatory concerns in China weighed on SoftBank Group and real estate stocks. The Nikkei index fell 0.52% to close …
Read More »European Shares Under Pressure From Weak Chinese Data
European shares fell Wednesday, September 15th on concerns about a slowdown in the Chinese economy, a decline in travel and leisure stocks, and rising inflation in Britain, and the impact on sentiment in early trade. By 07:11 GMT, the European STOXX600 index was down by 0.1%. Asian shares fell after …
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