European stocks finished Monday on a mixed note, opening the week with a fluctuating performance, as the markets witnessed hopes for recovery, as well as fears regarding a rise in inflation rates. The STOXX Europe 600 index closed higher by 0.11% at a new all-time record of 445.40 points. In …
Read More »Wall Street Opens Week with Mixed Performance
The main indices of the New York Stock Exchange (NYSE) opened the new week on a varied note, with Wall Street investors mostly optimistic about the prospects of a strong recovery. Rising commodity prices also provided support to energy and mining stocks. The Dow Jones Industrial Average opened at a …
Read More »European Shares Hit New Highs Thanks to Mining Gains
European stocks continued to rise to unprecedented levels today, Monday, thanks to optimism about the resumption of economic activities, while the policy of monetary easing contributed to the rise of sectors linked to the economic cycle, including the shares of mining companies and the financial sector.. The pan-European STOXX 600 …
Read More »Japan Shares Closing Higher as Attention Shifts to Corporate Earnings
Japanese stocks gained on Monday, as the strong closure of Wall Street last week boosted risk appetite, while investors awaited the results of the businesses of carmakers and other major companies for signs of progress in the economy hit by the pandemic. The Nikkei index rose 0.55% to close at …
Read More »European Stocks Close Friday at New Record High
European stocks finished higher on Friday, supported by an improved investors’ sentiment due to positive economic data and earnings reports. The STOXX Europe 600 index rose by 0.9%, closing the week at a new record high of 444.93 points, as the tech sector gained 2.1%. For the week, the pan-European …
Read More »Japan Shares Rise on Tech Gains, And COVID-19 Measures Limit Rallies
Japanese shares closed higher on Friday, May 7, as investors flocked to inexpensive technology shares, while gains were capped by concerns about a slow economic recovery amid extended emergency measures linked to COVID-19. The Nikkei index rose 0.09% to close at 29,357.82 points, while the broader Topix index rose 0.29% …
Read More »Wall Street Closes Higher Following Jobless Claims Drop
The main indices of the New York Stock Exchange (NYSE) finished higher on Thursday, despite earlier fluctuations, as Wall Street investors anticipate more positive economic indicators. Earlier today, official data showed a decline in the new claims for unemployment benefits to their lowest level since the beginning of the coronavirus …
Read More »Japan Shares Closed on Upside on Support of Stocks Linked to the Economic Cycle
Japanese stocks rose Thursday, May 6, to record their largest percentage gain in two weeks, as investors flocked to stocks linked to the economic cycle after Wall Street’s gains, but technology stocks that tracked the fall of the Nasdaq index limited the gains. The Nikkei index advanced 1.8% to close …
Read More »European Stocks Rebound from Recent Losses
European stocks recovered on Wednesday with their best daily performance in about two months. The pan-European STOXX 600 index gained 1.8%, with the basic resources sector surging by 4.7% to its highest level in about 10 years, while the tech sector added 2.7% to recovery some of its recent sharp …
Read More »European Stocks Rebound After Selling Spree as Mining Sector Jumps
European stocks recovered on Wednesday May 5th from a sharp sell-off in the previous session, as higher commodity prices contributed to the rise in mining companies’ shares, while the business results season maintained positive momentum, improving sentiment in the markets. The European Stoxx600 index rose 0.8% in early trade, the …
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