Global Stock Market

European stocks approached record highs Monday, March 29, thanks to optimism about the global economic recovery, while Credit Suisse plunged following a warning of “significant” losses due to exit from positions after a US-based hedge fund defaulted on margin calls. Swiss bank shares lost 9.5% after it said an unnamed …

The New York Stock Exchange (NYSE) finished Friday with large gains, supported by the rise of many sectors led by tech, healthcare, and financial services, amid positive expectations for economic recovery that reflected positively on Wall Street. The Dow Jones Industrial Average gained 453.4 points, or 1.39%, to close at …

European stocks finished Friday higher, supported by an improved investors’ sentiment amid positive expectations for the distribution of vaccines and recovering economies. The pan-European index STOXX 600 gained 0.91% and finished at 426.95 points, nearing its all-time high as it ended the week in gains for the fourth consecutive week, …

European stocks rose today, supported by gains made by commodity-related companies as investors balance concerns about rising coronavirus infections with the prospects for a stronger economic recovery in the United States. The pan-European STOXX 600 index rose 0.8%, reaching its highest level in a week. The benchmark index is on …

Japanese stocks closed higher on Friday, while SoftBank led the gains on the Nikkei index, as investors snapped up decliners after falling sharply this week. The Nikkei index rose 1.56% to close at 29,176.70 points, while the broader Topix index advanced 1.46% to 1,984.16 points. For the week, the Nikkei …

The New York Stock Exchange (NYSE) recovered from its earlier losses to end Thursday’s trading session on a higher note, supported by positive economic data and expectations for recovery. The Dow Jones Industrial Average surged by 199.4 points, or 0.62%, to finish at 32,619.5 points. The S&P 500 index gained …

European stocks closed lower on Thursday, amid concerns about the third wave of the Coronavirus pandemic and the consequent lockdown measures in Europe, which is negatively affecting the outlook for economic recovery in the Eurozone. The STOXX Europe 600 index finished lower by 0.14% at 422.81 points. Similarly, the UK’s …

The European Commission introduced new controls on Wednesday, March 24, to restrict exports of coronavirus vaccines from the 27-member bloc. Officials worry that drug companies will fail to meet delivery targets in the coming months. The Commission, the executive arm of the European Union, wants to ensure that member states …

Japanese stocks closed higher on Thursday, March 25th, as investors bought shares linked to the economic cycle that had fallen in the past, but the gains were curbed by technology stocks that traced the Nasdaq downward trail. The Nikkei index closed up 1.14% to 28,729.88 points, ending a four-day losing …

European stocks showed a mixed performance on Wednesday, amid concerns about the resurgence of the Coronavirus pandemic through a third wave, a slow rollout of vaccines, and the implications on the global economy. The STOXX Europe 600 index finished nearly unchanged, adding     0.24 points, or 0.057%, and closing at …