Global Stock Market

The stock of Moderna surged by as much as 18% on Wednesday as the company announced positive results for a coronavirus disease (COVID-19) vaccine that it is developing and is currently under clinical trials. In phase one of the clinical trials, there were positive immune responses in all 45 cases …

The European Union’s (EU) General Court has ruled in favor of Apple Inc. in an appeal against the European Commission’s decision in 2016 to impose a fine of EUR 13 billion ($14.9 billion) due to tax evasion, CNBC reported. The decision was based on the premise that the government of …

European stocks closed Wednesday on big gains, supported by positive sentiments after it was reported that new progress has been made on the way to develop a vaccine for the coronavirus disease (COVID-19). The pan-European Stoxx 600 index rose by 1.76% and settled at 373.87. FTSE100 surged by 1.83% and …

US stocks were set to open higher supported by news of the success of Covid-19 vaccine by Moderna in clinical trials. Dow Jones futures fell 253 points or 1.0%, while the Nasdaq 100 futures rose 0.4% and the S&P 500  0.7%. (10:15 GMT). It’s a heavy day for US in …

European stock markets Trading higher on Wednesday as investors are optimistic about Covid-19 vaccine with expectations that the European Union summit will lead to more stimulus.In the European morning, the German DAX rose 0.7%, FTSE 100 in the UK rose 0.9%, while french CAC 40 rose 0.9%. Moderna’s Covid-19 vaccine, …

The New York Stock Exchange (NYSE) indices surged on Tuesday, with the Nasdaq recording its third consecutive daily rise, while the Dow and S&P 500 recovered their losses on Monday. The Dow Jones Industrial Average added 2.13% or 556.8 points to settle at 26,642.59. Meanwhile, S&P 500 and the Nasdaq …

US stocks are set to open with a modest rebound after its sharp losses on Monday over California headlines about COVID 19 cases, although bank quarterly earnings reports due later may be a game-changer. At 11:40 GMT, S&P 500 Futures trader 13 points, or 0.4%, higher, Nasdaq Futures up 48 …

China’s imports rose in June for the first time since the pandemic. Demand for goods rose on the government stimulus while exports also increased in a sign the recovery is gaining strength. Customs data showed on Tuesday that China’s imports increased by 2.7% in June compared to last year, market …

DXY is struggling to find direction in the 96.60 region, affected by the increase in the number of Corona cases and risk appetite. The US dollar index, which measures the strength of the greenback versus a basket of currencies, was moving around 96.60 in the European morning. The index attempts …

Japanese stocks closed the Asian session with a slight decline as the Nikkei 225 recorded a decline of 0.87% to 22,587.01.The highest level reached during the trading session was 22,677.02, while the lowest were 22,538.78. Meanwhile, the broader TOPIX index registered a decline of 0.50% or 7.87 towards 1,565.15.