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 …
Read More »NYSE Mixed at Early Trade
The New York Stock Exchange (NYSE) opened Monday’s trading with a mixed performance, with fears regarding the rising number of COVID-19 cases in the United States continuing to impact the market. The Dow Jones Industrial Average is currently down by 0.25%, while the S&P 500 is up by 0.27%. Meanwhile, …
Read More »Wall Street Set to Open Mixed
US stocks set to open mixed on negative headlines over the weekend about the spread of Covid-19. Cases continued to increase in Florida, reaching more than 10,000 new cases on Sunday, while Los Angeles Mayor said the city was “on the brink” of imposing new strict measures to prevent the …
Read More »Europe Stocks Lower Amid Confusion Over EU Summit
European stock markets fell on Monday, with disappointment stemming from evidence that Eurozone leaders are preparing to diminish agreement negotiations on the eurozone recovery fund to counter the pandemic, making it less effective than expected. The German DAX fell 0.4%, French CAC fell 0.6% and FTSE fell 0.8%. Five European …
Read More »Asian Shares Are Down Before The European Summit
Asian Shares were underperforming on Monday morning, with oil and copper weakening and the increase of Covid-19 cases driving the markets as they awaited Eurozone and US efforts to reach fiscal stimulus plans to combat the epidemic. MSCI’s broadest index of Asia-Pacific shares outside Japan fell 0.2%, erasing early gains …
Read More »NYSE Ends Week in Gains
The New York Stock Exchange (NYSE) saw a mixed performance on Friday, but recorded weekly gains despite the investors’ concerns as the number of COVID-19 cases across the US keep increasing. The Dow Jones Industrial Average settled lower for the second session in a row by 0.23%, narrowing its weekly …
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