Category: Stock Market

Jul 13
Asian shares extend rally, U.S. earnings to test optimism

Asian shares crept toward five-month peaks on Monday as investors wagered the U.S. earnings season would see most companies beat forecasts given expectations had been lowered so far by coronavirus lockdowns. Asian Shares MSCI’s broadest index of Asia-Pacific shares outside Japan added 0.15 per cent, having climbed sharply last week on the back of surging […]

Jul 10
Asian shares down on virus risk, U.S.-China tension

 Asian shares and U.S. stock futures were bearish on Friday as record-breaking new coronavirus cases in several U.S. states stoked concern about economic recovery, while investors looked forward to earnings season. Mainland China shares fell on Friday for the first time since June 29. Shares had surged to the highest since 2015 on Thursday, fueled by […]

Jul 09
Asian Stocks Push Higher Led by Gains in China:

Asian stocks pushed higher Thursday as investors continued to place faith in policy support and shrugged off simmering tensions between Washington and Beijing. The dollar steadied. Asian Stocks Futures on the S&P 500 Index slid 0.1% as of 6:25 a.m. in London. The gauge rose 0.8% on Wednesday.Japan’s Topix index rose 0.2%. Hong Kong’s Hang […]

Jul 08
Asian shares mixed as pandemic saps buying momentum

Asian shares were mixed in Asia on Wednesday as uncertainty over the pandemic sapped the buying enthusiasm that has been driving prices higher. The selling followed a deeper pullback on Wall Street and in France, Germany and elsewhere after the European Union’s executive arm said this year’s recession caused by the coronavirus pandemic will be […]

Jul 07
Asian shares hit speed bump, China extends sharp rally

Asian shares paused for breath on Tuesday following a surge sparked by speculation Beijing is trying to ochestrate a major domestic bull run to support an economy hit by the coronavirus and a standoff with Washington. Asian Shares MSCI’s broadest index of Asia-Pacific shares outside Japan was last down 0.25%, a seemingly inevitable correction after […]

Jul 06
Asian shares surge as China blue chip stocks hit 5-year peak

Asian shares scaled four-month peaks on Monday as investors counted on super-cheap liquidity and fiscal stimulus to sustain the global economic recovery, even as surging coronavirus cases delayed re-openings across the United States. Asian Shares MSCI’s broadest index of Asia-Pacific shares outside Japan climbed 1% to its highest since February. Eyes were on Chinese blue […]

Jul 03
Asian shares advance following upbeat US jobs report

Asian shares advanced on Friday following a Wall Street rally driven by strong jobs data. The jobs data and improved global indicators are boosting sentiment, along with positive reports on potential vaccines and treatments for the coronavirus that has infected more than 10.8 million people and killed over 520,000, according to data from Johns Hopkins […]

Jul 02
Global stocks rise ahead of US payroll data

Global stocks gained ground ahead of US payroll data that will offer investors new insight into the recovery of the world’s largest economy. European stocks opened higher, following gains in Asia and a late rally on Wall Street as hopes for an economic recovery and a potential coronavirus vaccine offset concerns over a surge of […]

Jul 01
Asian shares rose on Tuesday after data showed China’s manufacturing crisis

Asian shares rose on Tuesday after data showed China’s manufacturing sector grew more than expected in June, a hopeful sign for a global economy still struggling to recover from the sweeping impact of the coronavirus crisis. Asian Shares MSCI’s broadest index of Asia-Pacific shares outside Japan was up 0.9%,. US stock futures, the S&P 500 […]

Jul 01
Global shares up after Wall St’s best quarter since 1998

Global shares were mostly higher Wednesday after Wall Street capped its best quarter since 1998, shrugging off continued signs of damage from the coronavirus pandemic. Global Shares France’s CAC 40 fell 0.2% in early trading to 4,925.53. Germany’s DAX gained nearly 0.7% at 12,391.72. Britain’s FTSE 100 was a tad higher at 6,170.51. U.S. shares […]