European stocks held near their nine-month highs on Wednesday, November 25, as sentiment remained high, supported by an easing of restrictions linked to the Coronavirus in the region and growing hopes that a vaccine would soon be ready. The European Stoxx600 index rose 0.3%, as banking services stocks rose 1.6% …
Read More »European Stocks Close Higher
European stocks closed Tuesday higher, supported by an improved risk appetite and positive news about Coronavirus vaccine candidates. The STOXX Europe 600 index rose by 0.83%, to finish at 392.05 points. The UK’s FTSE100 increased by 1.55%, while the German index DAX gained 1.26%. Meanwhile, the French index CAC40 settled …
Read More »Dow Hits New All-Time High
The Dow Jones Industrial Average index surged on Tuesday, supported by gains by major stocks listed on the New York Stock Exchange (NYSE), or Wall Street, as well as the beginning of the transition from the Trump administration to that of President-elect Joe Biden. The index broke the 30,000-point mark …
Read More »Japan Shares Closed at Peak of Several Years on Vaccine Hopes And Biden
Japanese stocks closed at a multi-year high on Tuesday, November 24, as progress in developing an inexpensive vaccine to prevent the Coronavirus boosted hopes for a speedy economic recovery, and sentiment received additional support from the approval of a formal transfer of power to US President-elect Joe Biden. The Nikkei …
Read More »Wall Street Ends Monday Higher on Vaccine News
The main indices of the New York Stock Exchange (NYSE) closed higher on Monday, opening the week with a positive performance, supported by news about the success of new Coronavirus vaccines. The Dow Jones Industrial Average finished higher by 327.79 points, or 1.12%, at 29,591.27 points. The S&P 500 index …
Read More »European Stocks End Mostly Unchanged
European stocks showed a mixed performance on Monday, opening the week amid hopes for new COVID-19 vaccines and the rising number of cases and renewed lockdown measures in many parts of the continent. The STOXX Europe 600 closed marginally lower by 0.010%. Meanwhile, the UK’s FTSE100 declined by 0.28%, while …
Read More »European Stocks Record Third Weekly Gains in Row
European stocks closed higher on Friday, supported by an improved sentiment on positive news about Coronavirus vaccines. The pan-European STOXX 600 index closed higher by 0.45% at 389.35, recording gains for the third consecutive week. Meanwhile, the UK’s FTSE100 added 0.27%, while the French index CAC40 and the German DAX …
Read More »European Stocks Supported by Gains in Retail And Oil Sectors
European stocks rose on Friday, as gains in the retail and oil sectors erased concerns about the political situation in the United States and an impasse over new stimulus measures to support the global economy, which has been ravaged by the pandemic. The pan-European STOXX 600 index rose 0.2% and …
Read More »European Stocks Finish Thursday Lower
European stocks closed Thursday lower, amid fears about the impact of the renewed lockdown and preventive measures to curb the spread of a new wave of the Coronavirus pandemic. The pan-European Stoxx 600 index closed lower by 0.73%. The UK’s FTSE100 declined by 0.8%, while the German DAX finished lower …
Read More »Japan Shares Decline After Tokyo Raised The Coronavirus Warning to Its Highest Level
Japanese shares fell for the second session on Thursday, November 19, after the capital, Tokyo, issued the highest warning about the Coronavirus, as it recorded a record increase in daily cases, which raised concerns about strengthening restrictions on local economic activity. The Nikkei index fell 0.36% to 25634.34 points at …
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