Japanese stocks fell on Thursday as investors continued to shy away from risky bets amid a weak earnings season, but Toyota shares surged after unexpectedly avoided a loss last quarter. The Nikkei fell 0.43% to 22,418.15 points, and technology and consumer goods stocks were the most declining. The broader TOPIX …
Read More »Wall Street Settles Higher on Positive Reports
Positive earnings reports by some of the Wall Street listed companies led the indices of the New York Stock Exchange (NYSE) to close higher on Wednesday. The Dow Jones Industrial Average gained around 373 or 1.4% and closed at 27,201.5. Meanwhile, the S&P 500 and the Nasdaq Composite indices closed …
Read More »European Stocks Rise Collectively
European stocks closed higher on Wednesday, supported by a number of positive financial results by listed companied, despite mixed economic indicators as shown by PMI data. The Stoxx Europe 600 index added 0.43% and closed at 364.95 points. FTSE100 surged by 1.14% while CAC40 increased by 0.90% and DAX gained …
Read More »European Shares Higher on Strong Earnings Reports
European stocks rose on Wednesday, influenced by positive earnings reports and massive amounts of stimulus across the financial system, all of which overshadowed concerns over the increasing numbers of Corona cases in Europe and the United States. The pan-European STOXX 600 index (STOXX) rose 0.7%, with the oil & gas …
Read More »Wall Street Closes in Green
Wall Street closed Tuesday higher with a positive investor sentiment resulting from a number of financial results and talks about a new stimulus package that is currently being discussed in Washington. The Dow Jones Industrial Average gained 164 points or 0.62% and closed at 26,828.47 points. Meanwhile, S&P 500 and …
Read More »European Stocks Close Lower
European stocks settled lower on Tuesday, as the STOXX Europe 600 index declined by 0.17% to 363.03. DAX declined by 0.36% and IBEX35 dropped by 0.67%, as the shares of Bayer fell by 2.4%. Meanwhile, FTSE100 closed higher by 0.05%, as BP gained 6.5% after disclosing its financial results for …
Read More »US Stocks Set to Open Lower
US equity markets should open lower on Tuesday after strong gains on Monday led by Nasdaq, which hit another record close. Dow Jones futures fell 44 points, or 0.2%, while the S&P 500 Index fell 0.3% and the Nasdaq 0.3%. Apple shares hit an all-time high on Monday, just a …
Read More »Europe Stocks Fall Due to Weak Results
European stocks fell on Tuesday after weak results from and Bayer took the shine off a jump in growth-linked cyclical stocks, while investors await signs of progress regarding a new US fiscal stimulus. Diaggio, the world’s largest wine producer, fell 5.9% after it announced a larger-than-expected drop in core net …
Read More »Europe Seen Higher
European stock markets opened higher with caution on Monday, supported by signs of economic growth in China, but doubts remain about the global recovery with the rise of Covid 19 cases. Futures for the German DAX index increased by 0.4%, FTSE 100 futures rose 0.1%, while the French CAC 40 …
Read More »Wall Street Settles Higher Following Fed’s Decision
Wall Street closed higher on Wednesday, supported by recent remarks from the US Federal Reserve Chair, Jerome Powell. Powell reiterated the Fed’s commitment to continue supporting the economy until it fully recovers from the repercussions of the COVID-19 crisis. All the major indices at the New York Stock Exchange (NYSE) …
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