European stocks closed lower on Thursday, following the European Central Bank’s (ECB) decision to expand its stimulus program and amid uncertainty surrounding post-Brexit trade talks between the European Union (EU) and the United Kingdom (UK). The STOXX Europe 600 index finished lower by 0.4%, despite a positive performance by oil …
Read More »European Stocks Stable Ahead of ECB Decision
Not much changed in European stocks Thursday, December 10 after a meeting between the leaders of Britain and the European Union on a trade deal failed to yield progress, while investors were reluctant to make big bets due to an awaited decision from the European Central Bank later today. The …
Read More »Japan Stocks Close Lower, Softbank Jumps 11%
Japanese stocks closed lower Thursday, December 10, as the Brexit crisis and political squabbling over fiscal stimulus in the United States pressured investor sentiment around the world, while market heavyweight Softbank Group jumped to its highest level in more than 20 years thanks to the inclusion of Doordash. Softbank rose …
Read More »European Stocks End Wednesday on Higher Note
European stocks closed higher on Wednesday, with growing anticipation for the outcomes of the post-Brexit trade talks. The STOXX Europe 600 index finished up by 0.4%, supported by the gains of major market sectors. The UK’s FTSE100, the main index of the London Stock Exchange (LSE), edged up by 0.08%. …
Read More »The S&P 500 Reaches a Record High Thanks to The Vaccine And The Stimulus Bets
The S&P 500 Index hit a record high moments after the opening Wednesday, amid demand for stocks sensitive to economic developments such as banks and industrial companies sparked hopes for a vaccine-fueled recovery and more US fiscal stimulus. The S&P 500 opened up 3.73 points, equivalent to 0.10%, to reach …
Read More »NYSE Closes Tuesday in Green
The New York Stock Exchange (NYSE) finished Tuesday on a higher note, amid renewed hopes for a new government stimulus package. The Dow Industrial Average rose by 104.09 points, or 0.35%, to close at 30,173.88 points. The S&P 500 closed at 3,702.25 points, gaining 10.29 points, or 0.28%. Meanwhile, the …
Read More »European Stocks End Mostly Higher Amid Optimism
European stocks closed higher on Tuesday, supported by an improved sentiment regarding Coronavirus vaccines and trade talks between the European Union (EU) and the United Kingdom (UK). The Stoxx Europe 600 index closed higher by 0.2% recovering most of its losses on the first session of the week. The UK’s …
Read More »Japan Stocks Declining for The Third Day, All Eyes on the US Stimulus Debate
Japanese stocks fell for the third session in a row on Tuesday, 8 December, as a month-long rally was exhausted, as investors awaited the decision of US lawmakers on a new package to mitigate the repercussions of the Covid-19 pandemic. The Nikkei index declined by 0.3% to close at 26,467.08 …
Read More »European Stocks Close Lower Awaiting Brexit Talks
European stocks opened the week with a negative performance, amid anticipation for the outcome of the Brexit trade talks. The STOXX Europe 600 index finished lower by 0.3%. Meanwhile, the UK’s FTSE100 rose marginally by 0.08%. The French index CAC40 leveled down by 0.64%, while the German index closed lower …
Read More »Nasdaq Hits New All-Time High
The New York Stock Exchange (NYSE) opened the week on a mixed note, as the Nasdaq Composite index continued its positive performance and hit a new record high during Monday early trading. This comes amid renewed hopes for a new government stimulus package, as well as positive news about Coronavirus …
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