Global Stock Market

US stock futures jumped sharply in the past hour after the pharmaceutical company Pfizer announced that its coronavirus vaccine, in cooperation with German BioNTech, was more than 90% effective in preventing infection. As an initial market response, S&P 500 futures rose to a new record high at 3648. In addition, …

European stocks jumped Monday as Democrat Joe Biden’s victory in the US presidential election raised hopes for better trade relations between Washington and Europe, and chipmaker Infineon increased thanks to strong earnings expectations. The European Stoxx600 index rose 1.3% by 08:05 GMT, and the German DAX index, which relies on …

Japan’s Nikkei index reached its highest level in nearly three decades on Monday, November 9, after Joe Biden won the US presidency, while Honda Motor shares led the gains among carmakers thanks to strong earnings numbers. Investors, who were reluctant to buy last week due to political uncertainty in the …

The New York Stock Exchange (NYSE) failed to maintain its perfect record for the week, as the main indices in Wall Street mostly declined on Friday after rising for four consecutive sessions. The Dow Jones Industrial Average declined by 66.78 points, or 0.2%, and closed at 28,323.40 points, adding 6.9% …

European stocks closed lower on Friday, awaiting the results of the US presidential elections amid growing concerns and preventive measures against a new wave of the Coronavirus pandemic. The STOXX Europe 600 index finished lower by 0.20% or 0.72 points, at 366.40 points, rising by 6.9% for the week. The …

European stocks faced difficulties to gain momentum today, Friday, after a strong rally this week, as Italy and France recorded record numbers of cases of Coronavirus, while the counting of votes in the US elections continues. The pan-European STOXX 600 index fell 0.1%, after five days of gains that put …

The New York Stock Exchange (NYSE) closed Thursday higher, despite uncertainty about the results of the United States presidential elections. The Dow Jones Industrial Average increased by 542 points, or 1.95%, to close at 28,390.18 points. The S&P 500 gained 67.01 points, or 1.95%, and finished at 3,510.45 points. The …

European stocks closed higher on Thursday, amid anticipation for election results in the United States, which seem to not have affected equity markets so far. The pan-European STOXX 600 index gained 1.18% or 4.27 points, to close at 367.58 points. The UK’s FTSE100 finished higher by 0.50%. Meanwhile, the French …

The New York Stock Exchange (NYSE) opened higher on Thursday, amid anticipation for the results of the United States presidential elections. The Dow Jones Industrial Average is up by 1.45%, while the S&P 500 gained 1.75%, and the Nasdaq Composite is up by 2.07%.

European stocks reached a two-week high Thursday, November 5th, buoyed by a combination of strong business results and further stimulus for the British economy and the rise of Wall Street after the outcome of the US presidential election race became unpredictable. In its fifth day of gains, the European Stoxx600 …