European stocks opened higher on Monday, August 31, as heavyweight oil and gas companies were supported by higher crude prices, while positive service sector data from China boosted optimism about an economic recovery. The Stoxx600 index of European shares rose 0.4% in early trading, consolidating the small gains made last …
Read More »Nikkei Rises on Hopes of Continuing Abe’s Policies
Japanese stocks closed higher on Monday, August 31, recovering from heavy losses seen in the previous session, as concerns over the resignation of Prime Minister Shinzo Abe eased thanks to speculation that his potential successor will continue his current policies. The benchmark Nikkei Index rose 1.12% to 23,139.76 points, and …
Read More »NYSE Settle Higher with Weekly Gains
The New York Stock Exchange (NYSE) finished higher on Friday, extending their weekly and monthly gains. The Dow Jones Industrial Average closed higher by 161.60 points or 0.57% at 28,653.87, rising by 2.6% for the week. Meanwhile, the S&P 500 index finished at 3,508.01, after rising by 23.46 or 0.67%, …
Read More »European Stocks Close Lower and Limit Weekly Gains
European stocks closed lower on Friday, finishing a week in which it showed a mixed performance. The Stoxx Europe 600 index closed down by 0.52% and closed at 368.80, limiting its weekly gains to around 1%. The UK’s FTSE100 fell by 0.61%, while the French index CAC40 finished lower by …
Read More »European Shares Drop on Lower Technology And Healthcare Stocks
European shares fell as investors sold off technology and healthcare and bought bank shares, after the Federal Reserve (US Central Bank) unveiled a new framework for its policy. The pan-European STOXX 600 index fell 0.6%. Technology stocks, which have risen nearly 11% since the start of the year, fell 1.1% …
Read More »NYSE Closes Mixed Following Fed Remarks
The New York Stock Exchange (NYSE) closed mixed on Thursday, after remarks by the US Federal Reserve suggested inflation could go above the 2% target. The Dow Jones Industrial Average rose by 0.57% to finish at 28,492.27 points. The S&P 500 index closed at another all-time high after rising by …
Read More »Japanese Stocks Closing Lower
Japanese indices fell on Thursday, amid concerns among investors about the tension between the United States and China and focus on the speech of Jerome Powell, Chairman of the US Federal Reserve. Nikkei 225 index fell by 0.35% to 23208.86 points, while TOPIX index fell by 0.53% at 1615.89 points. …
Read More »NYSE Maintains Record-Breaking Rally
The New York Stock Exchange (NYSE) closed higher on Wednesday, supported by the tech stocks gains, positive economic data, and expectations that the US Federal Reserve will maintain its monetary policy for the near future. The Dow Jones Industrial Average added 83.48 points or 0.30% and closed at 28,331.92. The …
Read More »European Stocks Settle Higher
European stocks returned to gains on Wednesday, reversing their earlier losses today on the back of positive economic data. The STOXX Europe 600 index gained 0.8%, supported by the rising market sectors. The UK’s FTSE100 closed higher by 0.14%, while the French CAC40 and the German DAX indices increased by …
Read More »NYSE Closes Mixed with S&P and Nasdaq Breaking New Records
The New York Stock Exchange (NYSE) showed a mixed performance on Tuesday, but with the S&P 500 and the Nasdaq continued to achieve new record highs. The Dow Jones Industrial Average declined by 0.21% to close at 28,248.44. The S&P 500 index added 12.34 points, or 0.4%, and finished at …
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