Category: Stock Market

Aug 31
 Asian shares notched a 29-month high on Monday

Asian shares notched a 29-month high on Monday as investors wagered monetary and fiscal policies globally would stay super stimulatory, while an upbeat reading on China’s service sector augured well for continued recovery there. Asian Shares MSCI’s broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS rose 0.5% to reach its highest since March 2018, extending a […]

Aug 28
Asian shares mixed at open as Wall Street ends with modest gains

Asian equities are likely to have a bumpy ride on Friday after U.S. stocks scaled new peaks for a third straight day and bond yields surged on the Federal Reserve’s average-inflation strategy, as well as a promising development in curbing the coronavirus pandemic. Stocks Japan’s Nikkei 225 futures added 0.09%, while the Nikkei 225 index […]

Aug 27
Global shares hit record peak on upbeat results, dollar eases

A gauge of global equity markets hit an all-time peak on Wednesday, after the S&P 500 and Nasdaq indexes set fresh records on upbeat corporate results, while the dollar eased ahead of a highly anticipated speech by Federal Reserve Chairman Jerome Powell. MSCI’s all-country world index surged past a pre-COVID high reached in February as […]

Aug 26
Asian Shares Lower as Investors Await Fed Chair’s Speech

Asian shares were mostly lower Wednesday after a lackluster session on Wall Street following talks between the United States and China on the status of a deal meant to work as truce in their trade war. Asian shares Japan’s benchmark Nikkei 225 finished at 23,290.86, down less than 0.1%. Australia’s S&P/ASX 200 lost 0.7% to […]

Aug 25
Asian stocks boosted by fresh U.S.-China trade hopes

Asian stock markets were mostly higher on Tuesday after the U.S and China indicated progress in trade talks, and as hopes of new coronavirus treatments boosted broader sentiment among global investors. Asian Stock Markets MSCI’s broadest index of Asia-Pacific shares outside Japan was up 0.1% and was trading just below a two-year high. Japan’s Nikkei […]

Aug 24
Asian shares advanced for a second straight session on Monday

Asian shares advanced for a second straight session on Monday, underpinned by coronavirus hopes after the U.S. Food & Drug Administration (FDA) authorised the use of blood plasma from recovered patients as a treatment option. Asian Shares E-Mini futures for the S&P500 gained 0.3%. MSCI’s broadest index of Asia-Pacific shares outside of Japan jumped 0.65%, […]

Aug 18
Asian shares set to follow Wall Street’s tech-driven rally

Asian shares were poised to track Wall Street’s tech fueled rally on Tuesday that saw the Nasdaq benchmark hit a fresh record while oil prices perked up on Chinese demand and hopes Sino-U.S. trade tensions were easing “We saw some strength in tech again with semiconductors driving the boat,” said Thomas Hayes, chairman at Great […]

Aug 12
U.S. equity futures advanced and stocks edged

U.S. equity futures advanced and stocks edged higher in Europe as bank shares rallied and bond yields climbed globally. Gold rebounded after finding support below $1,900 an ounce. Stocks Futures on the S&P 500 Index climbed 0.9% . The Stoxx Europe 600 Index gained 0.3%. The MSCI Asia Pacific Index increased 0.2%. The MSCI Emerging […]

Aug 11
Asian stocks gained the most in a week on Tuesday

Asian stocks gained the most in a week on Tuesday after a drop in coronavirus hospitalizations in some U.S. states, even as global cases topped 20 million. The dollar slipped. Japanese and Hong Kong equities rose more than 2%. Shares advanced in Australia and South Korea. S&P 500 futures rose, putting the benchmark on course […]

Aug 10
Global shares push higher on stimulus moves, US jobs data

Global shares advanced Monday in Europe and Asia after President Donald Trump issued executive orders to provide tax relief and stopgap unemployment benefits for Americans hit by the fallout from the coronavirus pandemic. Global Shares Germany’s DAX was flat at 12,673.25 while the CAC 40 in France added 0.5% to 4,911.65. Britain’s FTSE 100 picked […]