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 …
Read More »NYSE Opens Week at Record Highs
The main indices of the New York Stock Exchange (NYSE) hit new record highs on Monday, opening the week with a strong performance, after the President of the United States, Donald Trump, signed the $900 billion stimulus package that was passed by Congress. The Dow Jones Industrial Average is up …
Read More »Japan Stocks Closed Near The Peak of 3 Decades After Trump Signed The Stimulus
Japanese shares rose in thin holiday trading on Monday, heading towards the highest level in nearly three decades, as investors continue to bet that the US stimulus and Corona vaccines will accelerate the pace of the global economic recovery. The benchmark Nikkei index ended the day 0.74% higher at 26,854.03 …
Read More »Asian Stocks Closed Higher
Asian stocks rose despite weak trading volumes due to year-end holidays on Monday. The rise came thanks to US President Donald Trump’s signature of the coronavirus aid package. The MSCI Asia Pacific Index outside of Japan rose 0.40%, while the Japanese Nikkei 225 index gained 0.60% early Monday. US President …
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