Japanese stocks fell on Tuesday, as a batch of corporate business results fell short of ambitious investor expectations for a solid earnings recovery, as Japan struggled to contain the Covid-19 pandemic. The Nikkei index fell 0.46% to 28,991.89 points, while the broader Topix index fell 0.76% to 1,903.55 points. The …
Read More »European Stocks Stable After Announcing Results of The Business of Leading Companies
European stocks were largely unchanged on Tuesday after the results of blue-chip companies such as HSBC and BP were announced, while UBS became the latest bank to disclose its damage from dealing with US investment firm Archigus. The pan-European STOXX 600 index fell 0.01%, as gains in oil and gas …
Read More »Wall Street Finishes Mixed on Monday
The New York Stock Exchange (NYSE) showed a mixed performance on Monday, as Wall Street anticipates a slew of economic data and events this week, led by the upcoming Federal Reserve meeting. The Dow Jones Industrial Average lost 61.92 points, or 0.2%, to close at 33,981.57 points. Meanwhile, the S&P …
Read More »European Stocks Finish Higher Recovering Some of its Recent Losses
European stocks opened the week with a positive performance and closed higher on Monday. The STOXX Europe 600 index finished up by 0.29% at 440.32 points, with the banking sector leading the gains and rising by 2%. The pan-European index lost about 0.8% last week. The French CAC40 increased by …
Read More »European Stocks Are Stable as Losses in Auto Stocks Erase Gains
European stocks were largely flat on Monday, as car maker losses erased the gains of mining companies, while investors awaited a week full of corporate results and economic data. The pan-European STOXX 600 index rose 0.02% n early trade, after recording its first weekly loss in eight weeks on Friday. …
Read More »Japan Shares Closed Higher, Led by Travel Stocks
Japanese shares closed higher on Monday as travel-related stocks recovered from losses stemming from concerns over coronavirus restrictions, and after ANA forecast losses lower than expected for the full year. The Nikkei index rose 0.36% to close at 29,126.23 points, while the broader Topix index rose 0.17 to 1918.15 points. …
Read More »Wall Street Recovers from Most Weekly Losses
The New York Stock Exchange (NYSE) finished higher on Friday, amid increased optimism among Wall Street investors about the recovery from the impacts of the coronavirus pandemic, signaled by positive economic data. However, today’s gains did not erase weekly losses, which resulted from concerns about a new wave of the …
Read More »European Stocks Log First Weekly Loss in Two Months
European stocks declined on Friday, registering their first weekly loss in eight weeks, as the market reacted to concerns about the rising number of new coronavirus cases amid a new wave of the pandemic. The STOXX Europe 600 index closed lower by 0.2%, expanding its losses to 0.8% for the …
Read More »European Stocks on Track of Posting Their First Weekly Loss in 8 Weeks
European stocks are on the path of incurring their first weekly loss in eight weeks on Friday, April 23, as a surge in global coronavirus infections dashed the impact of strong earnings reports, while Madrid-based Olfendes shares jumped in its first trade in the Amsterdam market. The European Stoxx600 index …
Read More »Wall Street Closes in Red on New Tax Concerns
The New York Stock Exchange (NYSE) declined on Thursday, closing on sharp losses that marked the worst daily performance on Wall Street since early March. News about U.S. President Joe Biden preparing a new proposal to tax the wealthiest Americans and raise the capital gains tax to fund public expenditure …
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