The New York Stock Exchange (NYSE) closed Thursday lower with the market digesting the effect of the Federal Reserve’s decision to maintain interest rates near 0%, a move that would probably continue until 2023. The Dow Jones Industrial Average declined by 130.40 points, or 0.4%, to close at 27,901.98 points. …
Read More »European Stocks Close Lower Following Fed Decision
European stocks closed lower on Thursday, one day after the US Federal Reserve vowed to maintain interest rates near 0% for around three years. The pan-European STOXX 600 index closed lower by 0.40%. Meanwhile, the UK’s FTSE100 declined by 0.47%, and the French CAC40 index fell by 0.69%. Likewise, the …
Read More »European Stocks Drop From Their Highest Level in a Month
European shares fell from a one-month closing high on Thursday after a disappointing response to the US Federal Reserve’s pledge to keep interest rates low for a long time. By 07:10 GMT, the Stoxx600 index was down 1.1% and is on track to end a four-session winning streak. The Fed …
Read More »Japan Stocks Dropping as Yen Rises on US Headlines
Japanese stocks fell Thursday, September 17th, driven by the decline of export companies after the US Federal Reserve pledged to keep interest rates near zero until at least 2023, pushing the yen to its highest level in seven weeks against the dollar. The Nikkei index fell 0.67% to 23,319.37 points, …
Read More »NYSE Closes Wednesday Mixed Following Fed Meeting
The New York Stock Exchange (NYSE) finished Wednesday’s trading mixed, after the release of the Fed policy statement. The Dow Jones Industrial Average closed higher by 36.78 points, or 0.1%, at 28,032.38 points. The S&P 500 index declined by 15.71 points, or 0.5%, and closed at 3,385.49 points. Similarly, the …
Read More »European Stocks Settle Higher Awaiting Fed Statement
European stocks closed higher on Wednesday, amid anticipation for the results of the US Federal Reserve meeting. The Stoxx Europe 600 gained 0.43% and closed at 372.57 points. Meanwhile, the UK’s FTSE100 declined by 0.44%, amid Brexit uncertainty. In France, the benchmark index CAC40 edged up by 0.13%, while in …
Read More »NYSE Closes Positively Awaiting Fed Policy Statement
The New York Stock Exchange (NYSE) closed Tuesday mostly higher, supported by positive economic data, and anticipation for the results of the Federal Reserve meeting. The Dow Jones Industrial Average marginally rose by 2.27 points and closed at 27,995.60 The S&P 500 index added 17.66 points, or 0.5%, and finished …
Read More »European Stocks Close Higher
European stocks closed higher on Tuesday, continuing a positive rally this week amid anticipation for upcoming meetings by the US Federal Reserve, the Bank of England (BoE), and the Bank of Japan (BoJ). The Stoxx Europe 600 index finished higher by 0.77%, while the UK’s FTSE100 surged by 1.32%. Meanwhile, …
Read More »Japan Shares Lower on Strong Yen And Profit-Taking
Japanese shares closed lower on Tuesday, September 15th as the strong yen pressured export companies and investors profit-taking following a three-day rally ahead of the country’s ruling party elections that chose Yoshihide Suga, an ally of outgoing Prime Minister Shinzo Abe, as the new leader. The Nikkei index closed down …
Read More »Japanese Nikkei Down 0.51% in Early Trading in Tokyo
The Nikkei benchmark index fell in early trading on the Tokyo Stock Exchange on Wednesday. The Nikkei fell, a benchmark Nikkei index fell in early trading on the Tokyo Stock Exchange on Wednesday. The Nikkei fell 0.13% to 23,425.23 points, while the broader TIOUX index fell 0.11% to 1639.02 points …
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