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 …
Read More »US Stocks Drop as Economic Outlook Deteriorates On Covid-19
Major US stock indices opened lower on Wednesday as Corona virus infections grew at an alarming rate in the United States and Europe, dashing hopes for a speedy recovery for the global economy. The Dow Jones Industrial Average fell 361.05 points, equivalent to 1.31%, to 27,102.14 points, and the S&P …
Read More »European Shares at Their Lowest Level Since Mid-June
On Wednesday, European stocks reached their lowest levels since mid-June, following a report that France was considering implementing nationwide lockdown measures for a month to combat a rise in coronavirus cases. The pan-European STOXX 600 index fell 1.6%, while the German DAX index tumbled 2.2%, the British FTSE 100 index …
Read More »Nikkei Falls On Coronavirus Fears And US Elections
Japanese stocks fell on Wednesday for a third consecutive session, weighed by concerns related to an increase in coronavirus cases in Europe and the United States, which could further damage the already ailing global economy. Analysts also said that apathy dominated trading, as the US presidential elections kept many investors …
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