Category: Stock Market

Jan 08
Asian shares mostly up on Wall Street rally, stimulus hopes

Asian shares were mostly higher Friday on hopes for additional economic stimulus after U.S. Congress confirmed Joe Biden as the winner of the presidential election. Hopes are also growing about the rollout of COVID-19 vaccines to help daily life around the world get closer to normal. That has investors anticipating a explosive return to growth […]

Jan 07
Asian markets track Wall Street’s rally on hopes for stimulus

Asian markets rose in Asia on Thursday after Wall Street rallied on expectations of more stimulus for the economy, despite chaotic scenes in Washington as Trump supporters stormed the U.S. Capitol. “Investors that have concerns today should probably check some of those concerns,” Levitt said. “The first year of this administration is going to be […]

Jan 04
Asian shares given pause by Tokyo lockdown talk

Asian share markets hit pause on Monday as reports of a possible tightening in coronavirus emergency rules for Tokyo pulled Japanese stocks off 30-year highs, while also lifting the safe-haven yen. Asian Shares Japan’s Nikkei shed its early gains to fall 1.1% when Fuji TV reported the government was considering a state of emergency for […]

Dec 30
Asian shares jump to record high as investors bet on healthier 2021

Asian shares hit a record high on Wednesday with investors betting on a strong economic recovery next year, as there is little sign policymakers wind back massive stimulus efforts aimed at staving off coronavirus-fuelled downturns. Asian Shares MSCI’s gauge of Asia-Pacific shares excluding Japan rose 1.2% to hit a record high, led by gains in […]

Dec 29
Asian shares rise after Wall Street stocks hit record high

Asian shares jumped on Tuesday, with Japanese stocks hitting a 30-year high, as hopes that a long-awaited U.S. pandemic relief package would be expanded and a Brexit trade deal supported investor risk appetite. Asian Shares MSCI’s broadest index of Asia-Pacific shares outside Japan rose 0.46%. Australian stocks rose 0.55%. Japan’s Nikkei leapt 1.63% to its […]

Dec 22
Asian shares extend losses on worries about spread of virus

Asian shares retreated on Tuesday, extending losses on growing worries over a new, potentially more infectious strain of the coronavirus. Asian shares Tokyo’s Nikkei 225 fell 0.5% to 26,595.52. In Hong Kong the Hang Seng edged 0.2% lower to 26,262.02. South Korea’s Kospi declined 0.6% to 2,760.93. In Australia, the S&P/ASX 200 gave up 0.7% to 6,626.70. […]

Dec 21
Global shares weaker as virus fears overshadow US stimulus

Global shares retreated Monday as worsening coronavirus outbreaks overshadowed news that U.S. lawmakers finally set a deal on more support for American families and businesses. Global Shares Markets fell in Japan, Hong Kong and South Korea on Monday but rose in Shanghai. Tokyo’s Nikkei 225 index lost 0.6% to 26,613.05. In Hong Kong the Hang […]

Dec 18
Asia shares retreat from record, but U.S. stimulus hopes buoy market mood

Asian shares on Friday slipped from the record they hit a day earlier, but the prospect of a major U.S. coronavirus relief package left some investors still in the mood to pick up stocks and other risk-exposed assets. Asian Shares MSCI’s broadest index of Asia-Pacific shares outside Japan dropped 0.3% from Thursday’s record. Japan’s Nikkei dipped […]

Dec 16
Asian stocks advance after stimulus talks lift Wall St

Asian shares rose on Wednesday after revived hopes for more aid for the U.S. economy broke a four-day losing streak on Wall Street. Asian shares Japan’s Nikkei 225 index gained 0.3% to 26,767.74 despite the release of data showing exports fell 4% in November, while imports dropped 11% from a year earlier. Hong Kong’s Hang Seng surged […]

Dec 15
Asian stocks dip to one-week lows as infection fears curb vaccine optimism

Asian stocks retreated on Tuesday as worries about increasing COVID-19 deaths and lockdowns overshadowed optimism about the roll-out of coronavirus vaccinations, just days after indexes hit record highs. Stocks S&P 500 futures rose 0.2% as of 7 a.m. in London. The S&P 500 Index fell 0.4% Monday. Japan’s Topix Index fell 0.5%. S&P/ASX 200 Index […]