Tag Archives: Stocks

US Stock markets are poised to open higher, ignoring increasing cases of Covid-19 and optimism about the earning report of US companies. Goldman Sachs strategists have revised their forecasts for the 2020 earnings per share S&P 500 up to $ 115 from a previous 110, according to note released at …

European stocks rose on Monday, with the cyclical sectors leading the gains as investors optimistic about the earnings season and the economic recovery from the effects of the Covid-19 pandemic. The pan-Euro Stoxx index rose 0.8% as banking, automobile and oil stocks rose from 1.2%:2.0%, while mining stocks gained 2.0 …

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 …

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% …

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 …

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 …

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 …

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 …

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 …