Global Stock Market

European stocks finished higher on Wednesday, after declining for two days in a row, to hit a new record-high closing level, supported by positive earnings reports. The STOXX Europe 600 index added 0.66% to close at a record 461.70 points. The tech sector rebounded and led the gains, adding about …

European shares stabilized on Wednesday, July 28, thanks to encouraging results from some of the continent’s largest banks and companies, overcoming investor fears about a Chinese regulatory crackdown that has worried the market this week. The pan-European STOXX 600 index rose 0.1%, after two sessions of declines. Germany’s Deutsche Bank …

The Nikkei index fell to its lowest level in nearly 6 months on Wednesday, July 28, as losses in the US stock market and concerns about the growing cases with the Coronavirus affected sentiment. The Nikkei index fell 1.39% to 27,581.66 points, close to its lowest level in about 6 …

The main indices of the New York Stock Exchanges (NYSE) closed lower on Tuesday, ending a rally that saw new record highs on the back of positive earnings reports by some of Wall Street’s blue chips. Concerns over the spread of the Delta variant, which led the CDC to recommend …

Shares in the Asia-Pacific region were mixed in trading Tuesday, July 27, as several major Chinese technology stocks in Hong Kong remained under pressure after falling on Monday. Hong Kong’s Hang Seng fell 4.64% in afternoon trade, after falling more than 4% on Monday on the back of regulatory concerns …

Amazon has denied reports that it accepts payments in cryptocurrency and bitcoin. There was news about the company opening jobs on blockchain development, accepting cryptocurrencies as a form of payment. The cryptocurrency rose strongly to the psychologically important level of $40,000, but the company quickly denied this news, dropping Bitcoin …

Amazon has reportedly denied on Monday recent news about a plan to begin accepting Bitcoin as payment by the end of 2021, according to Reuters. Now thought-to-be fake reports by British media regarding Bitcoin acceptance by Amazon led to a huge surge in cryptocurrency to levels not seen in about …

The Dollar Index (DXY) finished Monday on a lower note, amid anticipation for the upcoming policy meeting by the U.S. Federal Reserve. The index, which measures the performance of the U.S. Dollar (USD) against a basket of six major international currencies settled at 92.649, losing 0.28% on a daily basis, …

European stocks finished Monday lower, opening the last week of July with small losses with more investors focusing on tracking the resurgence of the coronavirus with the spread of the Delta variant. The STOXX Europe 600 index leveled down by 0.08% to settle at 461.14, nearly its all-time record high …

European shares fell from their highest levels ever, after fears of regulation plunged into stock markets in Asia, while shares of automakers fell after a strong performance last week. The pan-European Stoxx 600 index fell 0.4%, with auto stocks leading losses. Porsche shares fell 4.5% as shares were traded without …