US equity markets are set to open higher with sentiment gaining some confidence after Tesla and Microsoft’s results. Earnings reports from Microsoft exceeded analysts’ expectations for a 13% increase in sales and a net profit of $ 11.2 billion, despite disappointment that Azure’s sales growth slowed below 50%. Dow Jones …
Read More »Europe Stocks Higher But Tensions Dominate
European stock markets are rising on Thursday, supported by increased confidence and strong earnings from Unilever, but were quickly bogged down by more headlines about the tension between the United States and China. The German DAX rose 0.5%, French CAC rose 0.3% while FTSE scored 0.4%. Consumer sentiment in Germany …
Read More »NYSE Indices Close in Green
The New York Stock Exchange (NYSE) closed higher on Wednesday, despite worries about the tensions between the United States and China. The Dow Jones Industrial Average DJIA gained 165 points, or 0.6%, to settle at 27,006, its best level in nearly six weeks. The S&P 500 index settled by 0.6% …
Read More »European Stocks Close Lower on COVID-19 Worries
European stocks declined on Wednesday, with the positive impact from the European Union’s recovery deal appearing to fade out in the face of the rising number of COVID-19 cases, despite the US signing a huge deal for obtaining a newly-developed vaccine. The pan-European Stoxx 600 index settled lower by 0.89%, …
Read More »S&P and Dow Settle Higher while Nasdaq Closes in Red
The New York Stock Exchange (NYSE) closed Tuesday after a mixed performance, as the market was feeling a positive sentiment towards a new economy stimulus package, which is set to be approved by the US Congress. However, concerns remain to cast their shadows as the number of COVID-19 cases remains …
Read More »European Stocks Close at Four-Month High
European stocks closed at their highest level in four months, supported by the historic agreement between the European Union’s (EU) leaders regarding the EUR 750 million recovery fund, which aims at stimulating the bloc’s economy amid the COVID-19 crisis. STOXX Europe 600, the pan-European index, gained 0.3% and closed Tuesday …
Read More »US Stocks Open Higher
US stock markets opened higher on Tuesday as the Nasdaq Composite Index reached an all-time high with policymakers prepares proposals for a fifth stimulus package. The Nasdaq rose 48 points, or 0.5%, at 10813, while the Dow Jones rose 208 points, or 0.8%, to 26,889, and the S&P 500 rose …
Read More »Europe Stocks Higher On Recovery Deal
European stock markets are set to open higher on Tuesday, supported headlines that the EU leaders have agreed on a massive stimulus plan to revive the economies damaged by the pandemic. DAX futures contract traded 1% higher, FTSE 100 futures contract in the rose 0.7%, while CAC 40 futures rose …
Read More »Wall Street Settle Higher and Nasdaq Breaks New Record
Wall Street saw another record-breaking day on Monday, as all the New York Stock Exchange (NYSE) indices settled higher with the Nasdaq reaching a new all-time high. The Dow Industrial Average Index closed marginally higher by 8.9 points or 0.03% at 26,680.87. S&P 500 increased by 0.84% to settle at …
Read More »European Stocks Settle Higher
The European stocks rose on Monday, supported by positive reports about COVID-19 vaccine trials, with the market anticipating the European Union (EU) talks about an economic stimulus package with a total size of EUR 750 million. The pan-European STOXX Europe 600 index gained 0.74% to settle at 375.45. French index …
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