European stocks closed higher on Monday, opening the week on a positive note after some fluctuations. Positive news about COVID-19 vaccine trials helped boost investors’ sentiment and risk appetite. The Stoxx Europe 600 index closed up by 0.18% or 0.68 points at 368.64 points. The UK’s FTSE100 slipped by 0.10%, …
Read More »Asian Stocks Closed Higher, Led by Japanese Stocks
Asian stocks closed the Asian period higher with the support of Japanese stocks after SoftBank announced that it wanted to sell the shares of this company for $ 40 billion, and Nvidia sought to acquire the shares of this company, which led to the rise in SoftBank shares during Today’s …
Read More »European Stocks Register Small Gains
European stocks closed marginally higher on Friday, amid anticipation for the results of Brexit talks between the European Union and Britain. The Stoxx Europe 600 index added 0.1% and closed the week at the level of 368.41 points. The UK’s FTSE100 increased by 0.48%, while the French CAC40 gained 0.20%. …
Read More »Wall Street Opens Higher On Strong Major Tech Stocks
US stocks opened higher, buoyed by heavyweight tech stocks, as quarterly results exceeding expectations for Oracle confirmed the robustness of technology-related companies during the Coronavirus crisis. The Dow Jones Industrial Average rose 79.28 points, or 0.29%, to 27,613.86 points. The Standard & Poor’s 500 Index opened, up 13.51 points, or …
Read More »European shares are stable amid mounting Brexit tension
European stocks stabilized after opening slightly lower, a day after the European Central Bank adopted a less monetary easing tone than expected regarding stimulus, while the growing possibility of a Brexit without an agreement weakened risk appetite. The pan-European STOXX 600 index settled and is heading towards closing the week …
Read More »Nikkei Index Profit as Coronavirus Fears Recede in Tokyo
Japanese stocks rose to the highest level in a week, following the rise in US futures, after the capital, Tokyo, reduced the level of the Coronavirus warning by one degree from its highest levels, as infections continued to decline. The benchmark Nikkei index rose 0.74% to 23,406.49 points. For the …
Read More »Wall Street Fails to Maintain Rebound
The New York Stock Exchange (NYSE) closed lower on Thursday as tech stocks failed to maintain its earlier rebound. The Dow Jones Industrial Average dropped by about 406 points, or 1.5%, to close at 27,534.58 points, after rising earlier by around 230 points. The S&P 500 plunged by around 60 …
Read More »European Stocks Finish Lower After ECB Statement
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 …
Read More »NYSE Shows Strong Rebound Signs
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. …
Read More »European Shares Rise, AstraZeneca Plummet Due to Halting Coronavirus Vaccine Trials
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 …
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