Japanese stocks rose Thursday, December 24th, to be around the corner from their highest levels in nearly three decades, as the distribution of the vaccine supports hopes for an economic recovery from the Covid-19 pandemic, while the shares of heavy machinery manufacturers gained on the background of a shift in …
Read More »European Stocks Rise on Hopes of a Trade Deal Linked to Brexit
European stocks rallied on Wednesday, December 23, as investors encouraged a report indicating the possibility of signing a trade deal later in the day for the post-Brexit phase, amid concerns about the long-awaited passage of a coronavirus-related aid package in the United States. The European Stoxx600 index rose 0.4% after …
Read More »Nikkei Drops to 3-Week Low as The New Virus Strain Affects Recovery Hopes
Japanese stocks tumbled to a three-week low today, Tuesday, as investors reaped profits after record gains over the past two months, amid fears that a new strain of the rapidly spreading Coronavirus discovered in Britain would undermine the speed of the global economic recovery. The Nikkei fell 1.04%, the biggest …
Read More »European Stocks Decline on New Coronavirus Variant Fears
European stocks plunged on Monday, opening the week with a negative performance amid fears about a new variant of the Coronavirus. The pan European STOXX 600 index closed lower by 2.3%. Meanwhile, the UK’s FTSE100 finished lower by 1.73%. In Germany, the DAX index plummeted by 2.82%, while in France …
Read More »European Stocks End Friday in Red
European stocks closed Friday lower on the negative tone recently expressed by the United Kingdom (UK) and the European Union (EU) regarding trade talks for the post-Brexit stage. The STOXX Europe 600 index finished lower by 0.3%, with the retail sector leading the losses. The UK’s FTSE100 also settled lower …
Read More »Wall Street Opens Lower As Stimulus Hopes Decrease
Wall Street opened Friday lower, after a record-breaking session yesterday, amid decreased hopes for a new stimulus package. The Dow Jones Industrial Average is currently down by 74 points, or 0.24%, at 30,229.29 points. The S&P 500 declined by 11.22, or 0.30%, to reach 3,711.26 points. Meanwhile, the Nasdaq Composite …
Read More »Nikkei Closed Lower on Virus Fears But going to score Weekly Gains
Japan’s Nikkei index closed lower on Friday on concerns about the risks that a surge in COVID-19 cases in Tokyo posed to the prospects for a recovery in the world’s third-largest economy, but the index made weekly gains. The Nikkei index lost 0.16% to 26,763.39 points, while the broader TOPIX …
Read More »Wall Street Closes at New Record Highs
The New York Stock Exchange (NYSE) closed Thursday at new record highs, supported by hopes for a new stimulus package in the United States, with Wall Street maintaining an upbeat sentiment on vaccine rollout. This comes following the last Federal Reserve meeting of the year, in which the American central …
Read More »European Stocks End Thursday in Green
European stocks closed higher on Thursday, one day after the United States Federal Reserve vowed to maintain its policy in support of the economy in the face of the Coronavirus crisis. The pan-European STOXX 600 index finished higher by 0.4%, supported by a strong performance by the majority of market …
Read More »European Stocks Rise For a Fourth Session on Optimism
European shares remained at their highest level in ten months Thursday, December 17th, as hopes for more stimulus in the United States and possible distribution of COVID-19 vaccines in Europe boosted expectations for a global economic recovery. The German DAX index rose 1.1% to reach its highest level since February, …
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