Japanese stocks rose Thursday, May 6, to record their largest percentage gain in two weeks, as investors flocked to stocks linked to the economic cycle after Wall Street’s gains, but technology stocks that tracked the fall of the Nasdaq index limited the gains. The Nikkei index advanced 1.8% to close …
Read More »European Stocks Rebound from Recent Losses
European stocks recovered on Wednesday with their best daily performance in about two months. The pan-European STOXX 600 index gained 1.8%, with the basic resources sector surging by 4.7% to its highest level in about 10 years, while the tech sector added 2.7% to recovery some of its recent sharp …
Read More »European Stocks Rebound After Selling Spree as Mining Sector Jumps
European stocks recovered on Wednesday May 5th from a sharp sell-off in the previous session, as higher commodity prices contributed to the rise in mining companies’ shares, while the business results season maintained positive momentum, improving sentiment in the markets. The European Stoxx600 index rose 0.8% in early trade, the …
Read More »European Stocks Close Lower as Tech Sector Drops
European stocks dropped on Tuesday, mainly due to large losses by the tech sector that echoed the decline of tech stocks in Wall Street across the Atlantic. The pan-European STOXX 600 index fell by 1.5%, with the technology sector losing about 3.8% in its worst daily performance since October 2020. …
Read More »Wall Street Finishes Mostly Higher
The main indices of the New York Stock Exchange (NYSE) closed mostly higher on Monday, as Wall Street investors looked at recent economic data that suggested the manufacturing sector, as an indicator for the economy, continue to expand but at a slow pace due to supply chain challenges. The Dow …
Read More »European Stocks Finish Higher on Recovery Signs
European stocks opened the week with a positive performance, closing higher on Monday, supported by an improved investors’ sentiment as regulators plan to ease restrictions on travel as the coronavirus become more contained in the continent. Positive economic data and earnings reports also provided support to the market amid recovery …
Read More »Wall Street Opens Higher amid Recovery Signs
The New York Stock Exchange (NYSE) opened the first week of May on a positive note, after recording losses last week. Wall Street investors are expecting a rebound from the negative impacts of the Coronavirus pandemic, and optimistic about large listed companies and corporations achieving positive results. The Dow Jones …
Read More »European Stocks Rising Thanks to Optimism About Earnings And Hopes For a Recovery
European stocks rose on Monday amid slight trading due to a bank holiday in Britain, while sentiment remained positive on hopes of a quick economic recovery and a strong earnings season. The pan-European STOXX 600 index rose 0.2% on its first trading day in May. The benchmark index closed up …
Read More »US Stocks Dropping Despite Huge Profits From Amazon And Dow Jones Down 200 Points
The S&P 500 index fell 0.75%, while the Dow Jones Industrial Average declined 200 points, and the Nasdaq index fell 0.85%. And Amazon, the last of the Wall Street mega tech companies to publish their results, reported record profits in the first quarter of the year. The Seattle-based company said …
Read More »Japan Shares Drop on Tech companies’ And Pandemic Fears
Japanese stocks closed lower Friday, April 30, weighed by disappointing expectations for technology companies, while the rise in the frequency of Covid-19 infections in the country affected investor sentiment. The Nikkei index fell by 0.83% to close at 28812.63 points, while the broader Topix index fell 0.57% to 1898.24 points. …
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