Global Stock Market

Best Buy earnings report is out, on Tuesday, with better than expected profits, but the quality of the earnings report is in focus. The electronics retailer saw US same-store sales tanked 12.7%, missing analyst estimates. Sales retreated in all product categories. And Q3 guidance hints had a slow start to …

Stocks fell for a third day on Tuesday, jeopardizing a summer comeback rally, as the Federal Reserve and other global central bankers continued to send hawkish signals to fight inflation despite the negative consequences for economic growth or the impact on corporate earnings. The S&P 500 fell 1.1% to 3,986.16, …

The Japanese Nikkei index ended trading on Tuesday, up more than one percent, led by major technology companies, as the benchmark index rebounded after reaching its lowest level in two weeks in the previous session. The Nikkei rose 1.14 percent to close at 28,195.58 points, while the broader Topix index …

US stock indexes hit fresh one-month lows on Monday, adding to a sharp selloff last week as investors worried about the Fed’s plan to keep raising interest rates in its fight against inflation even if the cost is an economic slowdown.At 11:43 a.m. ET, the Dow Jones Industrial Average (.DJI) …

Japan’s Nikkei index closed at a two-week low on Monday, tracking losses on Wall Street after US Federal Reserve Chairman Jerome Powell said tightening US monetary policy would be necessary “for some time” to curb inflation. The Nikkei index closed down 2.66 percent at 27878.96 points, with 202 down from …

Stocks sharply sold off, on Friday, after Fed Chair Jerome Powell said in his Jackson Hole speech the central bank “won’t back off in its fight against rapid inflation”.The Dow Jones Industrial Average dropped 611 points, or 1.85%, after initially seesawing during the Fed chair’s comments. The S&P 500 fell …

Stocks fell after Federal Reserve Chair Jerome Powell said Fed will continue to raise rates to fight inflation in his Jackson Hole speech while The Fed’s favourite inflation measure shows prices have eased in July. The Dow Jones Industrial Average dropped 302 points, or 0.91%. The S&P 500 fell 1.11% …

Japanese shares closed slightly higher on Friday, after giving up some of their early gains, as investors awaited a speech by Federal Reserve Chairman Jerome Powell to look for any clues on the pace of US monetary tightening. The Nikkei index closed up by 0.57 percent at 28,641.38 points, after …

The S&P 500 and the Nasdaq surged on Thursday on support from growth and semiconductor stocks, while investors eyed the Federal Reserve’s Jackson Hole conference for clues on its policy outlook. Fed Chair Jerome Powell is due to give a speech on Friday that will be scrutinized for any indication …

Japan’s Nikkei index halted a five-session decline on Thursday, boosted by gains in drug and technology makers, as investors awaited the Federal Reserve’s Jackson Hole conference for any clues on the pace of interest rate hikes. The Nikkei index rose 0.58 percent to 28,479.01 points, and the broader Topix index …