European stocks rose on Wednesday, influenced by positive earnings reports and massive amounts of stimulus across the financial system, all of which overshadowed concerns over the increasing numbers of Corona cases in Europe and the United States. The pan-European STOXX 600 index (STOXX) rose 0.7%, with the oil & gas …
Read More »US Stocks Set to Open Lower
US equity markets should open lower on Tuesday after strong gains on Monday led by Nasdaq, which hit another record close. Dow Jones futures fell 44 points, or 0.2%, while the S&P 500 Index fell 0.3% and the Nasdaq 0.3%. Apple shares hit an all-time high on Monday, just a …
Read More »Europe Stocks Fall Due to Weak Results
European stocks fell on Tuesday after weak results from and Bayer took the shine off a jump in growth-linked cyclical stocks, while investors await signs of progress regarding a new US fiscal stimulus. Diaggio, the world’s largest wine producer, fell 5.9% after it announced a larger-than-expected drop in core net …
Read More »European Stocks Set to Open Lower
European stock markets set to open lower on Wednesday with doubts over the timing of stimulus in the United States while eyes in Europe over reports from Deutsche Bank, Barclays and Santander in the banking sector. At 06:05 GMT, the German DAX futures were trading lower 0.1%, the French CAC …
Read More »Asian Stocks Mixed
Asian stocks are struggling to get a steady direction with trading quietly ahead of Wednesday’s Fed meeting. The Nikkei came out with the news that the Japanese government’s plan to reduce the economic outlook for GDP for the year 20/21. Fitch downgraded Asian Majors’ Outlook to negative but the rating …
Read More »US Stocks Futures Higher
US stocks are set to open higher on Monday and support comes from hope for the immediate delivery of the new fiscal stimulus during the busy week of corporate earnings and ahead of the Federal Reserve meeting S&P 500 futures are up 24 points or 0.8%, Nasdaq 183 or 1.7% …
Read More »Gold Hits Record High, Stocks Mixed
The yellow metal rose to all-time high on Monday as relations between the United States and China deteriorated, sparking demand for the safe metal while market sentiment was mixed ahead of more earnings reports. Gold rose 1.6% to a record $ 1.943 an ounce, exceeding its peak in September 2011 …
Read More »US Stocks Set to Open Higher
US equity markets are set to open higher with sentiment gaining some confidence after Tesla and Microsoft’s results. Earnings reports from Microsoft exceeded analysts’ expectations for a 13% increase in sales and a net profit of $ 11.2 billion, despite disappointment that Azure’s sales growth slowed below 50%. Dow Jones …
Read More »Europe Stocks Higher But Tensions Dominate
European stock markets are rising on Thursday, supported by increased confidence and strong earnings from Unilever, but were quickly bogged down by more headlines about the tension between the United States and China. The German DAX rose 0.5%, French CAC rose 0.3% while FTSE scored 0.4%. Consumer sentiment in Germany …
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 …
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