The New York Stock Exchange (NYSE) closed on Tuesday mostly lower, amid concerns about another wave of the Coronavirus pandemic, while tech stocks registered a good performance. The Dow Jones Industrial Average declined by 222.2 points, or 0.8%, and closed at 27,463.2 points. The S&P 500 index fell by 10.29, …
Read More »European Bond Yields Decline on COVID-19 Concerns
Bond yields in the Eurozone declined on Tuesday, as German yields fell to its lowest level in a week, amid increased demand for safe havens due to the rising number of COVID-19 cases. This comes ahead of the upcoming meeting by the European Central Bank (ECB). In Germany, the return …
Read More »European Stocks Maintain Downward Trend
European stock markets closed lower on Tuesday, due to the surge in the number of COVID-19 cases amid a second wave of the pandemic. The STOXX Europe 600 index fell by 0.75%, while the UK’s FTSE100 finished lower by 0.85%. Germany’s DAX plummeted by 0.78%, while the French CAC40 index …
Read More »NYSE Closes in Red off Session Lows
The New York Stock Exchange (NYSE) declined on Monday, opening the week with a negative performance despite recovering from some of its earlier losses in the day, amid concerns about the increased number of new COVID-19 cases. The Dow Jones Industrial Average closed lower by 650.19 points, or 2.3%, at …
Read More »European Stocks Fall on COVID-19 Concerns
European stock markets showed a negative performance in the first session of the week, due to the surge in the number of COVID-19 cases amid a second wave of the pandemic in many countries across the continent. The STOXX Europe 600 index fell by 1.81% and finished Monday at 355.94 …
Read More »The Nikkei is up 0.02% in Early Trading in Tokyo
The Nikkei benchmark rose in early trading on the Tokyo Stock Exchange on Monday, October 26th. The Nikkei rose 0.02% to 23,520.78 points, while the broader Topix index fell 0.13% to 1623.13 points.
Read More »Wall Street Logs First Loss in Four Weeks
The New York Stock Exchange (NYSE) showed a mixed performance on Friday, and its main indices finished the week in losses after posting three consecutive weekly rises. The Dow Jones Industrial Average declined by 28 points, or 0.1%, and closed at 28,335.57. The S&P 500 added 12 points, or 0.3%, …
Read More »Earnings Reports Push European Shares Higher
European stocks rose on Friday, supported by positive earnings reports from Barclays and carmakers, while continued concern about the economic impact of a spike in COVID-19 cases puts markets on a path of weekly losses. The pan-European STOXX 600 index rose 0.2%, while Asian markets recorded narrow trading ranges as …
Read More »European Stocks Close Lower Amid Uncertainty
European stocks finished Thursday lower, amid increased uncertainty among investors regarding the second wave of the COVID-19 pandemic and an anticipated stimulus package in the United States. The pan-continental STOXX Europe 600 index closed lower by 0.14%. In France, the CAC40 index slipped 0.05%, while the German DAX settled lower …
Read More »European Stocks at Lowest in Nearly a Month
European stocks hit their lowest in nearly a month on Thursday, as sentiment was affected by declining German consumer confidence, concerns about the increasing rate of Coronavirus infections, and the faltering stimulus in the United States. The German DAX index fell 1.3%, below the European stock market indices, after a …
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