The New York Stock Exchange (NYSE) finished Friday on a mixed note, as positive economic data reflected positively amid an improved risk sentiment amid Wall Street investors. The Dow Jones Industrial Average rose by 123.69 points, or 0.36%, to close at 34,207.84 points. The S&P 500 lost 3.26 points, or …
Read More »European Stocks Recover and Finish the Week in Gains
European stocks closed higher on Friday, supported by positive economic data that took the attention away from inflation fears. Economic indicators showed an improvement in France’s business activity and the German services sector, with readings exceeding expectations in May. The STOXX Europe 600 index finished higher by 0.61%, with the …
Read More »Wall Street Rises for First Time in Four Sessions
The New York Stock Exchange (NYSE) closed higher on Thursday, following three consecutive declines, as risk appetite improved with Wall Street investors reversing the recent selling pressures. Inflation fears seem to be fading by the recently released minutes from the Federal Reserve’s latest meeting, which showed an expectation of discussing …
Read More »European Stocks Rebound and Close Higher
European stocks finished Thursday on a higher note, supported by an improved risk appetite and investors seeking to purchase shares at relatively low prices, following the recent drop due to inflation fears. After recent selling pressures, the European stocks markets regained some ground in today’s session, with the pan-European STOXX …
Read More »NYSE Closes Lower Following Fed’s Meeting Minutes
The main indices of the New York Stock Exchange (NYSE) finished lower on Wednesday, following the release of the United States Federal Reserve’s April meeting minutes, which showed an intention to discuss the future of the large asset purchases in upcoming meetings. Recent mixed economic data and the Fed’s remarks …
Read More »European Stocks Decline as Inflation Concerns Mount
European stocks fell on Wednesday, May 19, tracking the fall in Wall Street as investors grew concerned about mounting inflationary pressures, which increases the chances of an early tightening of monetary policy. The European Stoxx600 index fell 1.1%, to trade below its all-time high of less than 2%. Eurozone stocks …
Read More »Japan Shares Closed Lower as Sentiment Weighed by the Pandemic Restrictions
Japanese stocks closed lower on Wednesday, tracking down on Wall Street last night, while stocks of companies linked to the economic cycle fell, as investor sentiment was affected by fears stemming from the country’s economic downturn as a result of the pandemic. The Nikkei index fell 1.28% to close at …
Read More »European Stocks Close with Huge Losses
European stock markets declined on Wednesday, amid continuous concerns about the rising inflation rates and uncertainty surrounding the future of monetary policies and interest rates. The pan-European STOXX 600 index plunged by 1.5%, as the basic resources stocks led the decline and dropped by 4.1%. The French CAC40 index declined …
Read More »Wall Street Closes Lower as Inflation Fears Persist
The New York Stock Exchange (NYSE) finished lower on Tuesday, as Wall Street continues to be impacted by investors’ concerns about the high inflation rates. The decline came despite the positive earnings reports by some blue-chip stocks, including Home Depot and Walmart. The Dow Jones Industrial Average lost 267.13 points, …
Read More »European Stocks Finish Higher Despite Recession
European stocks finished higher on Tuesday, as markets attempt to recover from the recent losses that resulted from concerns about the surge in inflation in the United States. The STOXX Europe 600 index closed higher by 0.28% at 443.55 points, with the travel and leisure sector recovering some of its …
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