Global Stock Market

European stocks rose on Wednesday, supported by an improved investors’ sentiment and risk appetite. The STOXX Europe 600 index gained 0.3%, with the auto industry leading the rising sectors. The German benchmark index DAX rose by 0.71%, while the French CAC40 closed nearly unchanged. Meanwhile, the UK’s FTSE100 declined by …

Amazon announced Tuesday that Jeff Bezos, the CEO, will step down later this year, turning the helm over to Andy Gacy, the company’s cloud chief executive. Bezos will move to take over the position of CEO of the Amazon Board of Directors. Bezos founded Amazon in 1994 and has since …

European stocks rose for the third session in a row on Wednesday, while focus remained on a day filled with earnings announcements, as positive sentiment extends from Asian markets thanks to hopes for a faster global economic recovery. Siemens’ shares rose 1.8% after the German engineering firm raised its forecast …

Japanese shares closed higher on Wednesday, while carrier stocks led the gains, as market sentiment was supported by a rally led by technology companies on Wall Street last night and expectations of strong profits for local companies. The benchmark Nikkei index rose 1% to 28,646.50 points, while the broader Topix …

European stocks rose on Tuesday, supported by an improved sentiment towards the rollout of vaccines and economic recovery from the Coronavirus pandemic. The STOXX Europe 600 index finished higher by 1.3%, with travel and leisure stocks leading the gains. The French CAC40 closed higher by 1.86%, while the German index …

The New York Stock Exchange (NYSE) opened higher Tuesday, supported by improved investors’ sentiment and large anticipation in Wall Street for the release of financial results by Amazon and Alphabet. In addition, the market remains supported by the prospects of increased government stimulus by the Biden administration. The Dow Jones …

European stocks rallied as investors hoped for a faster-moving economic recovery, while technology stocks led the gains after French information technology advisory group Atos ended talks on a possible acquisition of US rival DXC Technology. Atos shares gained 5% after the company said it decided not to continue talks about …

Japanese stocks closed higher for the second session in a row, recovering from the heavy sales witnessed last week, as optimism about local and US corporate earnings grew, boosting sentiment. The Nikkei index rose 0.97% to 28,362.17 points, while stocks of consumer goods, materials and real estate industries led the …

European stocks closed higher on Monday, opening the week with a positive performance amid improved investors’ sentiment. Following a weekly decline that was the worst since last October, the pan-European STOXX 600 index rose by 1.2%. The French index CAC40 bounces by 1.16%, while the German DAX finished higher by …

European stocks rose on Monday, recovering from their worst weekly decline since October, backed by a rally in mining stocks after an ongoing flurry of retail interest shifted to silver. The European Stoxx600 index rose 0.8%, while mining stocks including Fresnelo, Polymetal International and Polydin led the early gains in …