Global Stock Market

European stocks continued to push higher into new record levels on Thursday, with investors monitoring economic data and earnings reports. The STOXX Europe 600 index added 1.74 points, or 0.37%, to close at 469.96 points. The pan-European index has maintained a rising trend for four consecutive sessions, breaking multiple record …

Futures contracts linked to the major US stock indexes rose moderately in Thursday morning trading as Wall Street appeared to be improving in a mixed week. Waiting for the US labor market data, which is considered the latest and most prominent in the US market this week. At 9:31 AM …

Uber announced its results for the second quarter of this year, which came in better than expected. Earnings per share: 58 cents versus an expected loss of 51 cents. Revenues: $3.93 billion, compared to an expected $3.75 billion. Uber reported a net profit of $1.1 billion for the quarter. This …

The New York Stock Exchange (NYSE) closed mostly lower on Wednesday, with Wall Street investors reacting to a weaker than expected jobs data and remarks by the Federal Reserve Vice Chairman Richard Clarida on recovery from the pandemic. The Dow Jones Industrial Average lost 323.73 points, or 0.9%, to close …

Europe’s stocks logged another all-time high closing level on Wednesday, supported by an improved investors’ sentiment pushed by the recent positive earnings reports. Pandemic-related concerns with the spread of the Delta variant had a lesser impact on European exchanges today, with positive economic data easing worries about economic recovery. Business …

General Motors made a profit less than Wall Street’s second-quarter earnings expectations despite posting solid profits and raising year-on-year guidance. GM’s second-quarter profit fell by about $1.3 billion due to warranty recovery costs, including $800 million related to the Chevrolet Bolt EV. The electric vehicle was recalled twice in the …

The New York Stock Exchange (NYSE) closed higher on Tuesday, recovering from yesterday’s losses after struggling for direction earlier in the session, due to pressures on the tech sector. However, Wall Street investors showed more focus towards earnings reports, with an improved sentiment driving the S&P index to a new …

European stocks managed to close higher on Tuesday, with the release of some positive earnings reports by major companies, to log yet another record high closing level. The STOXX Europe 600 Index edged higher by 0.20% to finish at 465.38 points. The French CAC40 index rose by 47.91 points or …

Technology shares and concerns about the spread of a global delta dynasty continued to pressure European shares on Tuesday, despite encouraging results updates from companies including BP and automaker Stellantis. The pan-European Stoxx 600 index fell 0.1%, after hitting a record high in the previous session. Most Asian stocks also …

The New York Stock Exchange (NYSE) finished Monday mostly in losses, erasing earlier gains amid worries about recovery from the coronavirus pandemic, with the rising number of infections with the new Delta variant, especially after the PMI showed slower expansion in U.S. economic activity last month. The Dow Jones Industrial …