European stocks are moving towards record highs Thursday, April 22nd after plunging earlier in the week, as sentiment improved thanks to a raft of strong earnings reports ahead of the European Central Bank’s policy decision. The European Stoxx600 index rose 0.4%, extending its gains for the second consecutive session after …
Read More »Wall Street Rebounds After Two Declines in Row
The New York Stock Exchange (NYSE) rebounded on Wednesday, following two consecutive daily declines due to concerns about the rising number of cases of the coronavirus, which created some buying opportunities for Wall Street investors. The Dow Jones Industrial Average increase by 316.01 points, or 0.93%, to finish at 34,137.31 …
Read More »European Stocks Finish Higher amid Improved Sentiment
European stocks rebounded on Wednesday, following their worst daily performance of the year yesterday, supported by a positive sentiment among investors about the earnings reports by major listed companies. The STOXX Europe 600 index rose by 0.65%, after plummeting by 1.9% on Tuesday amid profit making. The French CAC40 index …
Read More »European Stocks Recovering On Technology
European stocks recovered Wednesday, April 21 from the worst downturn this year as fears of a rapid increase in Covid-19 cases in some countries were met with optimism about a strong results season. Technology stocks recorded the biggest gains, rising about 2%, and semiconductor equipment company ASML jumped 5.4% after …
Read More »Wall Street Logs Losses for Second Day
The New York Stock Exchange (NYSE) declined on Tuesday for the second consecutive session, due to concerns about the rising number of new coronavirus cases. Despite positive earnings reports by some of the Wall Street-listed companies. The Dow Jones Industrial Average lost 256.33 points, or 0.75%, to finish at 33,821.30 …
Read More »European Stocks Drop on Pandemic’s Third Wave Concerns
European stocks recorded its biggest losses year to data on Tuesday, falling from new record highs recorded earlier in the session, amid concerns about the rising number of Coronavirus cases. STOXX Europe 600 plunged by 1.9% in the pan-European index’s biggest daily decline since the beginning of the year. The …
Read More »Wall Street Opens Lower as Investors Await Earnings Reports
The main indices of the New York Stock Exchange (NYSE) continue to decline for the second consecutive session on Tuesday, with Wall Street investors awaiting the release of earnings reports. The Dow Jones Industrial Average is down by 0.39%, while the S&P 500 index declined by 0.24%. Meanwhile, the Nasdaq …
Read More »Wall Street Closes Lower
The New York Stock Exchange (NYSE) closed lower on Monday, following a week that saw multiple record-breaking, as Wall Street investors leaned towards profit making. The Dow Jones Industrial Average declined by 123 points, or 0.36%, to finish at 34,077.63 points. The S&P 500 index fell by 22.21 points, or …
Read More »European Stocks Finish Marginally Lower
European stocks closed slightly lower on Monday, following surges to new record highs by the end of last week. Mixed signals and a decline in Wall Street seemingly left their toll on the European stock exchanges. The pan-European STOXX 600 index closed marginally lower by 0.15 points to finish nearly …
Read More »European Stocks at an Unprecedented Peak Supported by The Auto Sector
European stocks rose on Monday, extending their rise to unprecedented levels, as optimism about a strong start to the business results season offsets worries about a return to the global incidence of COVID-19 cases. The pan-European STOXX 600 index rose 0.1%, the fifth consecutive session of gains, while a euro-zone …
Read More »