Global Stock Market

European stocks closed lower on Thursday after the European Central Bank (ECB) decided to maintain interest rates unchanged amid recession fears. The Stoxx Europe 600 declined by 0.59% to close at the level of 367.48 points. Meanwhile, the UK’s FTSE100 finished lower by 0.16%. The French CAC40 and the German …

The New York Stock Exchange (NYSE) recovered on Wednesday a large portion of its losses over the last three sessions. Renewed strong buying activity for tech stocks, which recently witnessed sharp declines, helped the rebound. The Dow Jones Industrial Average closed higher by 439.58 points, or 1.6%, at 27,940.47 points. …

European shares stabilized on Wednesday after falling sharply in the previous session, but sentiment was shaken by the suspension of AstraZeneca global trials of its Covid-19 vaccine. AstraZeneca shares fell 1.3% as it announced the suspension of large trials in its final stages on an experimental vaccine due to the …

Japanese stocks hit their lowest levels in more than a week on Wednesday, September 9th, in light of global risk aversion as heavy technology companies continued losses in the United States. The Nikkei index closed 1.04% lower at 2,3032.54 points, while the broader TOPIX index lost 0.96% to 1,605.40 points. …

The New York Stock Exchange (NYSE) closed lower on Tuesday with the correction wave continuing and tech stocks leading the decline. The Dow Jones Industrial Average dropped by 632.42 points, or 2.25%, to close at 27,500.89 points. Meanwhile, the S&P 500 finished lower at 3,331.84 points, losing 95.12 points or …

European stocks closed lower on Tuesday, continuing with its fluctuating performance after opening the week with a rise during Monday’s session. The Stoxx Europe 600 fell by 1.14%, while the UK’s FTSE100 declined by 0.12%. Similarly, the German DAX index dropped by 1.01%, while the French CAC40 finished lower by …

The Nasdaq Index tumbled more than 3% at the open Tuesday, September 8th as investors sold shares of Tesla and other heavyweight technology companies, while sentiment was negatively affected by growing tension between the United States and China and concerns about a faltering economic recovery. The composite Nasdaq index fell …

The recent fall of tech stocks on Wall Street led to rising concerns regarding the outlook for the stock market, amid worries that recent surges and record-breaking activity went in the opposite direction of the troubled economy due to the Coronavirus (COVID-19) crisis. “I think we are certainly in bubble …

The European stock markets showed a strong rebound on Monday, opening the week with high gains after two consecutive losses that were driven by a slump in the tech sector. The pan-continental STOXX Europe 600 index closed higher by 1.6%, while the UK’s FTSE100 surged by 2.39%. In Germany, the …

European stocks rebounded Monday (September 7th) after turmoil led by Wall Street on tech stocks kept sentiment tepid the previous week, as investors closely followed developments for a COVID-19 vaccine. Australia is expected to receive its first batch of a COVID-19 vaccine in January after it entered into an agreement …