European stocks made new highs after the pandemic, and cyclical heavy national indices benefited from the gradual shift in global investor preferences for value overgrowth. The German DAX also hit an all-time high as the country’s Constitutional Court effectively drew a line under the euro critics’ attempts to halt the …
Read More »Japan Shares Jumped as Investors Ignored The GDP Data
Japanese stocks jumped today, as investors ignored data that showed that the economy was back in contraction, and they turned to stocks whose valuations were damaged in recent waves of selling. The Nikkei rose 2.09% to close at 28,406.84 points, recovering from its lowest level in four months, which it …
Read More »European Stocks Close Marginally Lower
European stocks finished lower on Monday, opening the third week of May with a negative performance, as stock markets remain impacted by concerns over the surge in consumer inflation in the United States, which led to expectations of the Federal Reserve raising interest rates. The pan-European STOXX 600 index finished …
Read More »Wall Street Opens Lower as Sell-Off Continues
The New York Stock Exchange (NYSE) opened lower on Monday, beginning the week with a relatively negative performance, following last week’s performance that was the worst in Wall Street in about three months. Recent selling pressures due to fears about the rise in inflation rates have negatively impacted stock prices. …
Read More »European Stocks Rebound to Limit Weekly Losses
European stocks surged on Friday, strongly rebounding from recent losses that resulted from a sell-off wave, as fears about the rise in the U.S. inflation rate eased. The STOXX Europe 600 index gained 1.2% to finish at 442.55 points, but remained down for the week by about 0.5%. The auto …
Read More »Japan Shares Post The Biggest Weekly Loss in 9 Months
Japanese stocks recorded their biggest weekly losses in 9 months, as investors were reluctant to make big bets in light of the return of the Coronavirus cases numbers to the increase and inflation concerns in the United States, despite the slight increase during the day on positive business results for …
Read More »European Stocks Bear Highest Loss of the Year
European stocks fell on Tuesday, after rising yesterday to a new record high, due to increased selling pressures amid fears of a rise in inflation and concerns about the rising number of coronavirus cases. The STOXX Europe 600 index plunged by 1.97%, as travel and leisure stocks fell by 5.7%. …
Read More »Japan Shares Closed Lower on The Sell-Off in the Technology Sector and Pandemic Fears
Japanese stocks fell today, Tuesday, affected by technology stocks that tracked Wall Street losses overnight, while stocks related to the domestic economic cycle also fell due to concerns about the deterioration of the situation regarding the pandemic in the country. The Nikkei index fell 3.08% to 28,608.59 points, its lowest …
Read More »Inflation Worries Push European Stocks Lower
European stocks fell from their peak on Tuesday, and technology, travel and mining stocks were among the biggest losers after concerns about high inflation in the United States drove US indexes down. The pan-European STOXX 600 index fell 1.6% after hitting a record high on Monday. Sentiment deteriorated globally after …
Read More »Wall Street Closes Lower amid Tech Sell-Off
The main indices of the New York Stock Exchange (NYSE) closed lower on Monday, due to increased selling pressures by Wall Street investors who projected concerns about a rise in inflation. After opening higher and shortly hitting a new intraday record high, the Dow Jones Industrial Average lost all of …
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