The main indices of the New York Stock Exchange (NYSE) are ending 2020 on a positive note, supported by the recently approved government stimulus package as well as the rollout of Coronavirus vaccines. Investors are optimistic about the prospects of an economic recovery in 2021 and this has provided strong …
Read More »European Stocks End 2020 in Red
European stocks closed lower on Thursday, the last trading session of the year 2020 that was dominated by the Coronavirus pandemic. The STOXX Europe 600 index declined by 0.14% after a short trading session ahead of the New Year’s Holiday. The annual losses of the pan-European index have reached 3.8%. …
Read More »FTSE100 Sees Worst Year Since 2008
The benchmark index of the London Stock Exchange (LSE), FTSE100, declined by 1.5% to close the year at the level of 6,460 points. This means that annual losses for the index have reached 14%, registering its worst yearly performance since 2008. The last day of the year also marks the …
Read More »European Stocks Declining And Heading to Close 2020 With Losses
European stocks fell Thursday, Dec. 31, as investors settle positions on the last day of trading this year while sentiment weakens due to widespread lockdown measures in Britain and news that the United States has raised tariffs on some EU products. Trading volumes are thin, in light of the absence …
Read More »Asian Shares Mixed as Turbulent Year Ends
Asian stocks swung between gains and losses during the early hours of the last trading day of 2020. While Chinese stocks benefit from improved Manfuctring activity numbers in December and coronavirus vaccine news. The MSCI Asia Pacific Index of stocks outside Japan rose 0.43%. The Australian ASX 200 is down …
Read More »Wall Street Closed Higher on Hopes of Economic Recovery
US stocks rallied on Wednesday as investors looked for improved economic prospects in 2021 following the distribution of vaccines to prevent Covid-19 disease and hopes for more financial support. The Dow Jones Industrial Average ended the trading session on Wall Street, up 73.89 points, or 0.24%, to 30,409.56 points, while …
Read More »European Stocks Finish Lower
European stocks closed Wednesday on a lower note after the approval of the post-Brexit trade deal between the United Kingdom (UK) and the European Union (EU). The pan-European STOXX 600 index finished lower by 0.34%. The UK’s FTSE100 declined by 0.71%, while the French index CAC40 finished lower by 0.22%. …
Read More »Wall Street Opens Wednesday on Higher Note
The main indices of the New York Stock Exchange (NYSE) opened Wednesday higher, supported by an improved investors’ sentiment in Wall Street. The Dow Jones Industrial Average is up by 116.5 points, or 0.38%, at 30,450.95 points. The S&P 500 gained 10.6 points, or 0.29%, at it is currently trading …
Read More »Nikkei Index Retreats From Its 30-year High But Ends The Year With 16% Gains
The Japanese Nikkei Index closed lower on the last trading day of this year, retreating from its highest level in more than thirty years, which it reached in the previous session as investors took profits, but recorded gains for the second year in a row. The index fell 0.45% to …
Read More »European Stocks Finish Tuesday Higher
European stocks closed higher on Tuesday, supported by an improved risk sentiment following the approval of a new stimulus package in the United States. The STOXX Europe 600 index finished up by 0.76%. The UK’s FTSE100 gained 1.55%, while the French index CAC40 leveled up by 0.42%. In Germany, the …
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