The main indices of the New York Stock Exchange (NYSE) opened lower on Tuesday, amid a surge in the U.S. Treasury bond yields. The Dow Jones Industrial Average is down by 75.32 points, or 0.23%, at 33,096.05 points. The S&P 500 index declined by 12.44 points, or 0.31%, at 3,958.65 …
Read More »European Stocks Close Mostly Higher
European stocks finished mostly higher on Monday, with limited gains due to concerns about the third wave of the Coronavirus pandemic. The STOXX Europe 600 index closed higher by 0.2%, with the stocks of food and beverages leading the rise and adding 1.5%. In the UK, the FTSE100 index settled marginally …
Read More »European Stocks Near Record Levels Amid Hopes of Recovery
European stocks approached record highs Monday, March 29, thanks to optimism about the global economic recovery, while Credit Suisse plunged following a warning of “significant” losses due to exit from positions after a US-based hedge fund defaulted on margin calls. Swiss bank shares lost 9.5% after it said an unnamed …
Read More »Wall Street Close Friday with Large Gains
The New York Stock Exchange (NYSE) finished Friday with large gains, supported by the rise of many sectors led by tech, healthcare, and financial services, amid positive expectations for economic recovery that reflected positively on Wall Street. The Dow Jones Industrial Average gained 453.4 points, or 1.39%, to close at …
Read More »European Stocks Close Higher Supported by Mining and Tech Gains
European stocks finished Friday higher, supported by an improved investors’ sentiment amid positive expectations for the distribution of vaccines and recovering economies. The pan-European index STOXX 600 gained 0.91% and finished at 426.95 points, nearing its all-time high as it ended the week in gains for the fourth consecutive week, …
Read More »Commodity Gains Push European Shares to a One-Week High
European stocks rose today, supported by gains made by commodity-related companies as investors balance concerns about rising coronavirus infections with the prospects for a stronger economic recovery in the United States. The pan-European STOXX 600 index rose 0.8%, reaching its highest level in a week. The benchmark index is on …
Read More »Japan Stocks Closing Higher on a Jump in The Cycle-Related Sectors
Japanese stocks closed higher on Friday, while SoftBank led the gains on the Nikkei index, as investors snapped up decliners after falling sharply this week. The Nikkei index rose 1.56% to close at 29,176.70 points, while the broader Topix index advanced 1.46% to 1,984.16 points. For the week, the Nikkei …
Read More »NYSE Rebounds and Closes Higher
The New York Stock Exchange (NYSE) recovered from its earlier losses to end Thursday’s trading session on a higher note, supported by positive economic data and expectations for recovery. The Dow Jones Industrial Average surged by 199.4 points, or 0.62%, to finish at 32,619.5 points. The S&P 500 index gained …
Read More »European Stocks Close Mostly Lower
European stocks closed lower on Thursday, amid concerns about the third wave of the Coronavirus pandemic and the consequent lockdown measures in Europe, which is negatively affecting the outlook for economic recovery in the Eurozone. The STOXX Europe 600 index finished lower by 0.14% at 422.81 points. Similarly, the UK’s …
Read More »The European Union Announces a Plan For Stricter Controls on Exports of The Coronavirus vaccine
The European Commission introduced new controls on Wednesday, March 24, to restrict exports of coronavirus vaccines from the 27-member bloc. Officials worry that drug companies will fail to meet delivery targets in the coming months. The Commission, the executive arm of the European Union, wants to ensure that member states …
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