Global Stock Market

On Monday, the S&P 500 index closed slightly lower after touching its highest gains since August. The benchmark index erased earlier gains and lost 0.2% to finish at 4,273.79 1. The Nasdaq Composite also dipped 0.09% to close at 13,229.43, while the Dow Jones Industrial Average dropped 199.90 points or …

Dow jumped 700 points on the US hot jobs report as Nasdaq notched sixth straight winning week. The Dow Jones Industrial Average surged for its best day since January as traders cheered a strong jobs report and the passage of a debt ceiling bill that averts a US default.shares popped …

The US Bureau of Labor Statistics (BLS) reported on Friday that Nonfarm Payrolls rose 339,000 in May. This reading surpassed the market expectation of 190,000 by a wide margin. April’s reading of 253,000 also got revised higher to 294,000. The Unemployment Rate climbed to 3.7% from 3.4% in the same …

Japanese stocks rose on Friday, with the Nikkei index closing at its highest level in three decades, after the US House of Representatives approved raising the debt ceiling and on the back of indications that Bank of Japan officials are in no rush to tighten monetary policy. SoftBank Group shares …

US stocks advanced on Thursday after the US House passed a debt ceiling bill in a crucial step to avoid a default. The Dow Jones Industrial Average traded up 153.3 points, or 0.47%, to end at 33,061.57. The S&P 500 gained 0.99% to finish at 4,221.02, while the Nasdaq Composite …

To help control stubbornly high inflation, the European Central Bank will need to extend its cycle of interest rate hikes, according to ECB President Christine Lagarde on Thursday. Lagarde said in a speech in Germany that the bank must continue to raise borrowing costs to “sufficiently restrictive levels,” citing a …

Eurozone inflation fell more than expected this month, as underlying price growth stalled, fueling speculation about the need for more European Central Bank rate hikes beyond the one scheduled for later this month. In May, inflation in the eurozone’s 20 member countries fell to 6.1% from 7.0% in April, falling …

Japan’s Nikkei index closed higher on Thursday, amid investors buying stocks after losses recorded in the previous session and amid optimism after the US House of Representatives approved the debt ceiling bill that will avoid the country from default. The Nikkei index rose 0.84 percent to close at 31,148.01 points, …

Intel shares popped about 4% after the chipmaker announced it could soon see a turnaround. Speaking at a conference, CFO David Zinsner said the company’s data center division is starting to “turn the corner,” while adding that China inventory should start to ease after Q3 and that Q2 revenue will …

Japan’s Nikkei ended a four-day winning streak on Wednesday, with investors taking profits after the index hit a 33-year high earlier this week, and a stronger yen and disappointing Chinese data also weighed on the markets. The Nikkei index fell 1.41 percent to 30,887.88 points, its biggest daily decline since …