European stocks closed higher on Wednesday, as investors anticipate the outcomes of the United States presidential elections. The Stoxx Europe 600 index gained 1.89% or 6.73 points, to close at 362.74 points. Meanwhile, the UK’s FTSE100 finished higher by 1.67%. The German DAX leveled up by 1.95%, while the French …
Read More »Wall Street Opens Higher Awaiting Election Results
Wall Street opened higher on Wednesday, on the day following Election Day in the United States as the outcomes of the elections remains highly anticipated. All the indices of the New York Stock Exchange (NYSE) are trading higher. The Dow Jones Industrial Average is up by more than 563 points …
Read More »NYSE Finishes Elections Day on Higher Note
The New York Stock Exchange (NYSE) closed Tuesday higher on hopes for a new stimulus package following today’s elections. The Dow Jones Industrial Average added 514.92 points, or 1.9%, to close at 27,439.97 points. The S&P 500 gained 58.11 points, or 1.8%, and finished at 3,368.35 points. The Nasdaq Composite …
Read More »Wall Street Rallied at The Open
Major stock indices on Wall Street rose at the open Tuesday, as investors bet on Democratic candidate Joe Biden’s victory in one of the most sensitive US presidential elections in American history. The Dow Jones Industrial Average rose 213.64 points, equivalent to 0.79%, to 27138.69 points, and the S&P 500 …
Read More »European Stocks Settle Higher on Economic Data
European stocks closed higher on Monday, opening both the week and the month with a positive performance, supported by strong economic data. The Stoxx Europe 600 rose by 1.53% to close at 347.59 points. Meanwhile, the UK’s FTSE100 added 1.39%, while the French CAC40 and the German DAX finished higher …
Read More »Strong Chinese Data Raises German stocks And London Drops on Lockdown Fears
Most of the European markets started trading in November on a positive note, as the acceleration of Chinese factory activities helped ease concerns about a second wave of the outbreak of Covid-19 that caused the re-imposition of closures in major economies. The German DAX index, which is based on trade, …
Read More »European Stocks Limit Weekly Decline
European stocks closed higher on Friday, supported by positive economic data in the Eurozone. The STOXX Europe 600 index rose by 0.30% and finished at the level of 342.77, falling by 5.3% for the week. Meanwhile, the UK’s FTSE100 slipped by 0.08%, while the German index DAX declined by 0.36%. …
Read More »Wall Street Opens Lower as Technology Declines and Covid Grows
The main US stock indices fell at the open today, Friday, affected by sales in technology companies after reports of results below expectations, while pessimism was exacerbated by a record increase in cases of Coronavirus infection and concerns about the presidential election. The Dow Jones Industrial Average lost 86.84 points, …
Read More »European Stocks Close Lower
European stocks closed lower on Thursday, as concerns about the rising number of newly confirmed Coronavirus cases continued to dominate the market. The STOXX Europe 600 index finished lower by 0.15%, while the UK’s FTSE100 slipped by 0.02%. Similarly, the German index DAX decreased slightly by 0.03%, while the French …
Read More »European Stocks Hit Five-Month Low
European stocks closed lower on Wednesday, registering huge losses on news that France and Germany are planning new lockdown measures to curb the new wave of the Coronavirus (COVID-19) pandemic. STOXX Europe 600 index plunged by 2.95% to close at 342.17, its lowest level since late May. The UK’s FTSE100 …
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