Global Stock Market

The European Union has imposed a huge fine on Amazon.com due to violating data protection rules. The e-commerce giant will have to pay a record $886.6 million for processing personal data in violation of the EU’s General Data Protection Regulation (GDPR). A ruling was issued by the Luxembourg National Commission …

Europe’s stocks declined on Friday, retreating after closing Thursday’s trading session at a new all-time high, following the release of inflation data and more earnings reports. The STOXX Europe 600 Index lost 2.10 points or 0.45% and closed at 461.74 points. Travel and leisure stocks led today’s decline and plunged …

European shares retreated from record highs on Friday, as concerns about the rapidly spreading mutated delta strain of the coronavirus and regulatory moves in China outweighed optimism about the quarterly earnings season and economic recovery. The pan-European STOXX 600 index fell 0.8% by 0714 GMT, while Asian stocks are heading …

The Japanese Nikkei index closed at its lowest level since the beginning of the year as investor sentiment was negatively affected by the rise in Covid-19 cases, some disappointing earnings announcements, and a decline in US stock futures. The Nikkei fell 1.8% to close at 27,283.59 points, the largest drop …

The main indices of the New York Stock Exchange (NYSE) finished Thursday higher, despite a weaker than expected GDP growth numbers registered in the second quarter, as Wall Street investors seemed more optimistic about the Federal Reserve vowing to maintain the low-interest rates for the time being. Accordingly, the Dow …

European stocks logged another record-high closing level on Thursday for the second consecutive session. A number of positive earnings reports helped further push investors’ sentiment and risk appetite. The STOXX Europe 600 index added 2.14 points, or 0.46%, to close at a new all-time closing high of 463.84 points, as …

European shares hit record highs Thursday, July 29 as strong earnings from big commodity companies, Airbus and others boosted markets positivity, while concerns over moves by regulators in China dispelled. The Stoxx600 index of European shares rose 0.3% to an all-time high of 463 points in early trading. The shares …

Japanese shares closed higher on Thursday, as Nissan Motor and some semiconductor companies reported surprisingly strong profits, while investors were relieved after the US Federal Reserve indicated it was in no hurry to cut monetary easing. The Nikkei rose 0.73% to 27,782.42 points, while the broader TOPIX index closed up …

Ford Motor Company raised its earnings forecast for this year after it announced a windfall profit, saying it was selling more expensive cars. Its revenue slightly missed expectations due to an ongoing global shortage of semiconductor chips. Earnings per share were 13 cents, versus expectations of a loss of 3 …

The New York Stock Exchange (NYSE) showed a mixed performance on Wednesday, after the Federal Reserve kept interest rates unchanged at a historically low level near 0%, vowing to continue to use its full range of tools to support the economy on the road to recovery from the coronavirus crisis. …