The New York Stock Exchange (NYSE) opened higher on Wednesday, supported by the gains of tech companies, and despite mixed financial results by large banks. The Dow Jones Industrial Average added 51.49 points, or 0.18%, to 28,731.30 points. The S&P 500 gained 3.54 points, or 0.10%, to reach 3,515.47 points. …
Read More »Wall Street Closes in Red
The New York Stock Exchange (NYSE) closed lower on Tuesday, amid worries for the second wave of the Coronavirus (COVID-19) pandemic and the effectiveness of its new remedies. The Dow Jones Industrial Average lost 157.7 points, or 0.55%, to close at 28,679.81 points. S&P 500 lost 22.3 points, or 0.63%, …
Read More »McAfee Plans $814 M IPO – Reports
McAfee Corp, a company specialized in antivirus and cybersecurity solutions is planning to raise up to $814 million through an initial public offering (IPO) in the United States, Reuters reported. Around 31 million shares are expected to be sold, while the selling stockholders are set to offer about 6 million …
Read More »European Stocks Close Lower
European stocks closed lower on Tuesday, following the beginning of the earning reports season in Wall Street, and amid uncertainty surrounding the second wave of the Coronavirus (COVID-19) pandemic. The STOXX Europe 600 index closed lower by 0.7%, while the UK’s FTSE100 maintained losses and declined by 0.53%. Meanwhile, the …
Read More »Wall Street Closes on Large Gains
Wall Street finished Monday in gains, for the fourth consecutive session, amid anticipation for earnings reports by some of listed companies. The Dow Jones Industrial Average closed higher by 250.62 points, or 0.9%, at 28,837.52 points The S&P 500 increased by 57.09 points, or 1.6%, and ended at the level …
Read More »European Stocks Finish Higher
European stocks rose on Monday, opening the week with a positive performance that copied that of Asian markets earlier today. Hopes for a stimulus package in the United States supported risk appetite. The pan-European STOXX 600 index rose by 0.77% to close at 373.19 points. The French CAC40 index rose …
Read More »London Exchange to Move Some Operations to Amsterdam
The London Stock Exchange (LSE) is moving some trading operations related to shares listed in the European Union countries to the Netherlands. A Dutch platform by LST will see the movement of trading the said shares starting November, according to media reports. This comes as London tries to avoid its …
Read More »Mexican Exchange Resumes Trading
The Mexican Stock Exchange (Mexican Bolsa) has resumed trading activities on Monday, Reuters reported. This comes after the exchange saw operations being halted on Friday due to system problems.
Read More »Wall Street Gains at Open on Tech And Stimulus Optimism
The main indexes on Wall Street opened higher on Monday, while the Nasdaq index, teeming with tech companies, jumped more than 1% as sentiment was boosted by optimism about an agreement in Washington on more financial support ahead of the start of the quarterly earnings announcement season. The Dow Jones …
Read More »Japan Shares Closed Lower on Profit-Taking Sales
Japanese stocks fell at the close on Monday, due to concern over the upcoming corporate business results reports, prompting investors to reap profits and leading the decline in the selective industrial and consumer sectors. The Nikkei index fell 0.26% to 23,558.69 points, while the broader TOPIX index lost 0.2% to …
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