The New York Stock Exchange (NYSE) opened the week on a mixed note, as the Nasdaq Composite index continued its positive performance and hit a new record high during Monday early trading. This comes amid renewed hopes for a new government stimulus package, as well as positive news about Coronavirus …
Read More »Japan’s Nikkei Index is Slipping From a 29-and-a-Half Year High
Japanese stocks closed lower Monday, December 7, as the Nikkei benchmark retreated from its highest levels in more than 29 and a half years, as gains for five consecutive weeks raised some concerns from a frenzied market and prompted investors to sell for profit. Nikkei fell 0.76% to 26547.44 points, …
Read More »European Stocks Close Higher on Improved Sentiment
European stocks closed higher on Friday, supported by hopes for a new stimulus package in the United States and a post-Brexit trade agreement. The pan-European STOXX 600 index finished higher by 0.40% at 391.31 points. Meanwhile, the UK’s FTSE100 surged by 0.88%. The French CAC40 increased by 0.37%, while the …
Read More »Energy Sector Leads The Gains in European Equities
European stocks rose on Friday, as energy stocks pushed the leading companies ’index in London to a nine-month high, while Bionics fell after Pfizer cut its target to distribute their Covid-19 vaccines. Britain’s FTSE 100 index gained 0.5% as energy shares advanced after a settlement was reached among OPEC+ members …
Read More »Nikkei Down From a Multi-Decade High on Concerns About Vaccine Supplies
The Japanese Nikkei index closed lower today, Friday, to retreat from near its highest level in 29 and a half years, as the risk appetite was negatively affected after the US drugmaker Pfizer said it had lowered the goal of distributing its anti-virus vaccine. The Nikkei index fell 0.22% to …
Read More »European Stocks Finish on Mixed Note
European stocks closed Thursday on a mixed note amid increased uncertainty surrounding Brexit trade talks. The STOXX Europe 600 index closed marginally higher, adding about 0.30 points. Meanwhile, the UK’s FTSE100 finished higher by 0.42%, while the French CAC40 decreased by 0.16%. Similarly, the German DAX fell by 0.45%.
Read More »Japan Shares Closed at The Peak of 29 Years on Vaccine Hopes
Japanese stocks stabilized Thursday, December 3, near a 29-year high, as major countries close to distributing coronavirus vaccines, while sentiment also received support from hopes for more stimulus. Nikkei ended the session modestly gaining 0.03% at 26,809.37, but held near its highest level since April 1991, while the broader Topix …
Read More »European Stocks Returns to Losses
European stocks closed lower on Wednesday, but in the UK stocks closed higher on news about the approval of a Coronavirus vaccine. The STOXX Europe 600 index finished lower by 0.1%. The French index CAC40 edged up by 0.03%, while the German DAX decline by 0.52%. Last month was the …
Read More »NYSE Closes on Multiple New Records
The New York Stock Exchange (NYSE) saw a record-breaking performance on Tuesday, supported by an improved sentiment regarding a possible agreement on a new stimulus package. The Dow Jones Industrial Average broke the 30,000-point level once again and reached 30,046 earlier in the session, before closing higher by 185.28 points, …
Read More »Nikkei Index Closes Near Its 29-And-a-Half Year High Thanks to Vaccine Hopes And Stimulus
Japan’s Nikkei index closed Tuesday, December 1, near its 29-and-a-half-year high, tracking gains in US equity futures thanks to growing optimism that major pharmaceutical companies will introduce a coronavirus vaccine before the end of the year. The benchmark Nikkei Index rose 1.34% to close at 26,787.54 points, near its highest …
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