Japanese stocks reversed the trend to close lower on Monday as investors sought to adjust their positions before the end of the fiscal year, while concerns over rising US bond yields weighed on sentiment. The benchmark Nikkei index fell 0.42% to close at 28,743.25 points, while the broader TOPIX index …
Read More »European Stocks Decline but Record Weekly Gains
European stocks closed lower on Friday, as rising Treasury bond yields continued to leave their toll on the market. The pan-European STOXX 600 index finished the day lower by 0.82%, limiting its losses that reached 1% earlier in the session, and managed to gain around 1.1% for the week. Travel …
Read More »European Stocks Declining Due to Disappointing Comments From Powell
The rise in US bond yields imposed new pressure on European stocks today, after comments made by Jerome Powell, Chairman of the US Federal Reserve, failed to assuage investor concerns about rising borrowing costs.Recently. The pan-European STOXX 600 index fell 0.9% in early trade, while travel, mining and financial services …
Read More »Japan Shares Closed Lower
The Japanese Nikkei index fell 0.23% to 28,864.32 points and recorded a loss for the second week in a row. The TOPIX index closed down 0.61% to 1,896.18 points. The drop comes after a weaker performance last night at the close on Wall Street that resulted in the Nasdaq index …
Read More »European Stocks Fall as Treasury Yields Rise
European stocks declined on Thursday as Treasury yields rose, with the pan-European STOXX 600 index losing 0.38%, after falling by 1% earlier in the session. The basic resources sector fell by 4.3%, while the utilities sector gained 1.7%. The French CAC40 index closed marginally higher by 0.01%, while the German …
Read More »European Stocks Close Mixed as Treasury Yields Rise
European stocks showed a mixed performance on Wednesday, as markets continued to monitor changes in Treasury yields and new economic data that signal signs of recovery from the Coronavirus pandemic. The pan-continental STOXX Europe 600 index closed nearly unchanged, after rising earlier in the session by as much as 0.7%. …
Read More »Wall Street Closes Lower Amid Tech-Led Selloff
The main indices of the New York Stock Exchange (NYSE) finished Tuesday lower, despite U.S. Treasury yields continuing to decline from their record levels, with Wall Street investors anticipating the passing of the $1.9 trillion stimulus package by the Senate. The market’s decline was led by the losses of the …
Read More »European Stocks Continues to Rise As Treasury Yields Stabilize
European stocks closed higher on Tuesday, amid a decline in Treasury yields leading to an improvement in investors’ sentiment. The pan-continental STOXX Europe 600 index finished higher by 0.19% at 413.23 points, following its strong performance on Monday. The French CAC40 index rose by 0.29%, while the German DAX gained …
Read More »Japan Shares Closed Lower as Investors Booked Profits
Japanese stocks reversed their direction to close lower on Tuesday, March 2nd as investors booked profits following the strong rally in indices before the end of the fiscal year this month. Investors close their books at the end of the financial year on the last day of March, and many …
Read More »European Stocks Recover as Bond Markets Stabilize
European stocks rose today after heavy losses incurred last week in light of the decline in sales in the bond markets, as well as boosted sentiment optimism about vaccination campaigns to prevent Covid-19 and a US stimulus package. The pan-regional STOXX 600 index rose 1.6%, following strong gains for Asian …
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