European stocks continued to post losses for the fourth straight session on Friday, as fears increased over the economic recovery due to the rise in COVID 19 cases worldwide. The pan-European STOXX 600 index (STOXX) slipped 0.4% by 07:14 GMT, (SXEP) sliding 1.4%. Other growth-sensitive sectors such as miners, insurers …
Read More »US Stocks Are Set to Open Lower
US shares are set to open flat to lower after it halted a five-day winning streak yesterday, on the increase of Covid-19 cases that raises concerns about the economy and the future of growth By 10:30 GMT, S&P 500 Futures were down less than 0.1%, Dow Jones futures down 0.1% …
Read More »Japanese Stocks Close Down After Three-Day Winning Streak
Japanese shares ended the Asian session on Tuesday, Down. Japan’s Nikkei fell 0.44% at 22,614.69. The highest level of Nikkei during the trading session was 22,742.28, while the lowest at 22,540.44. MSCI’s broadest index of Asia-Pacific shares outside Japan was down 0.2% after it briefly traded in positive territory. Hong …
Read More »Little Change Seen in Global Stocks by July 2021
Global stocks are expected to remain mostly unchanged from their current levels by this time next year, according to a recent report by Citi bank, CNBC reported. This comes as bullish and bearish forces would cancel each other out. Citi remains overweight in the US and emerging market equities with …
Read More »Asian Stocks Are Near 4-Month Highs With Hopes of COVID 19 Vaccine
Asian stocks were sailing near 4-month highs on Thursday, as hopes doubled over a vaccine for COVID 19, while copper prices rose to a 6-month high. The entire market focus today is on US employment data, due for release later today, which will give clear cues of how the world’s …
Read More »S&P 500 and Nasdaq Maintain Gains, Dow Closes Lower
The New York Stock Exchange (NYSE) closed higher on Wednesday, with investors growing optimistic about news of a potential vaccine for the coronavirus (COVID-19). The S&P 500 index gained 0.50%, and the NASDAQ Composite Index increased by 0.95%, while the Dow Jones Industrial Average closed lower by 0.3%. A COVID-19 …
Read More »US Stock Futures Fall Ahead of Payroll and Manufacturing Data
Stock futures fell ahead of the opening of the American session on Wednesday, indicating a lower opening on the first day of trading in June. Shares closed on Tuesday on a stunning rise, which makes the Q2 the best quarter since 1998 and the second-best recorded quarter. The S&P 500 …
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