Category: Stock Market

Aug 07
Asian stocks set for mixed start; US shares rise

Asian stocks looked set for a mixed open Friday as investors weighed hopes for an agreement on a stimulus package from Washington against continued US-China tensions. Shares closed higher on Wall Street and the dollar retreated. Futures were little changed in Japan, dipped in Australia and pointed higher in Hong Kong. Contracts opened flat on […]

Aug 05
Asian shares fall on jitters over US stimulus, China trade

Major Asian shares markets declined Wednesday amid investor concern about U.S. stimulus spending and a trade agreement with Beijing. Asian Shares The Shanghai Composite Index lost 0.5% to 3,354.92. The Nikkei 225 in Tokyo sank 0.7% to 22,426.91. Hong Kong’s Hang Seng was off less than 0.1% at 24,934.14. The S&P-ASX 200 in Sydney fell […]

Aug 04
Global shares rise; gold close to record high

Asian shares rose on Tuesday after strong U.S. manufacturing data and gains in tech stocks helped investors look past broader worries about the coronavirus and global economy. Stocks Futures on the S&P 500 Index fell 0.3% as of 7:27 a.m. New York time. Nasdaq 100 Index futures decreased 0.4%. The Stoxx Europe 600 Index declined […]

Jul 31
Asian shares weaker as growth, virus worries temper tech boost

Asian shares turned lower in a choppy session on Friday as abysmal economic data from the United States and rising global COVID-19 cases darkened the mood, despite strong U.S. tech earnings and manufacturing recoveries in China and Japan. Asian Shares Chinese blue-chips were last up 0.35% in a session that swung repeatedly between gains and […]

Jul 30
European stock markets are seen opening mixed on Thursday

European stock markets are seen opening mixed Thursday, helped by strong gains on Wall Street after the Federal Reserve reiterated its support for the U.S. economy but weighed down by disappointing corporate news, particularly from the auto sector. European stock markets DAX futures contract in Germany traded 0.4% lower. the FTSE 100 futures contract in the […]

Jul 29
Asian shares mixed amid dismal earnings, Wall Street slump

Asian shares were mixed Wednesday as reports of dismal company earnings add to pessimism over the widespread economic fallout from the coronavirus pandemic. Asian Shares Tokyo’s Nikkei 225 index lost 0.9% after Fitch Ratings downgraded its outlook for Japan to “negative” from “stable.” The Nikkei 225 gave up 218.83 points to 22,438.55. South Korea’s Kospi […]

Jul 28
Asian shares advance after Wall Street rally; gold extends gains

Asian shares on Tuesday after US stocks resumed their upward march on Wall Street, while the price of gold pushed to nearly $1,970 per ounce. Benchmarks climbed in Hong Kong, Tokyo and Shanghai after the S&P 500 rose 0.7% overnight. Much attention will be focused on a two-day meeting for the Federal Reserve that begins […]

Jul 22
Global stocks stall as US coronavirus worries overshadow state aid

Global stocks stalled as persistent fears over the mounting coronavirus caseload in the US and its weight on the economy darkened sentiment while any initial exuberance from Europe’s recovery plans waned. Global Stocks Europe’s Stoxx 600 fell 0.3 per cent, easing away from a four-month high. It was last at this height in early March […]

Jul 21
Asian shares extend gains as investors count on stimulus, vaccines

Asian shares advanced on Tuesday as prospects of a deal by European Union leaders to jointly fund recovery of their economies and hopes for a coronavirus vaccine lifted risk appetite. Asian Shares On Wall Street, tech shares jumped after several days in the doldrums, pushing the Nasdaq Composite up 2.51 percent to a record closing […]

Jul 14
Asian stock markets retreat as virus and Sino-U.S. tensions flare

Asian stock markets slipped on Tuesday, oil sagged and a safety bid supported the dollar as simmering Sino-U.S. tensions and fresh coronavirus restrictions in California kept a lid on investor optimism as earnings season gets underway. Asian Stock MSCI’s broadest index of Asia-Pacific shares outside Japan fell 1.2 per cent. Japan’s Nikkei retreated from a one-month high […]