Category: Stock Market

Mar 30
Asian shares suffer fresh spill as coronavirus damage deepens

Asian shares  slid on Monday (March 30) as fears mounted that the global coronavirus shutdown could last for months although markets regained some lost ground late in the session with Australia posting a standout jump. Stocks Decline US and European futures also turned upwards in the Asian afternoon. E-Mini futures for the S&P 500 up 1.1 […]

Mar 27
Asian stocks rise amid the hope of more stimulus hopes

Asian stocks rose on Friday as investors wagered policymakers will roll out more stimulus measures to combat the coronavirus pandemic after US unemployment filings surged to a record. Asian Stocks MSCI’s broadest index of Asia-Pacific shares outside Japan rose 1.2%. Australian shares gave up gains to fall 1.09%, but Japan’s Nikkei rose 1.44%. E-Mini futures […]

Mar 26
Asian Stocks Mixed on Thursday

Asian stocks were mixed on Thursday as investors awaited the release of U.S. jobless claims data expected later in the day stateside. Asian Stocks Shares in Japan led losses among the region’s major markets. The Nikkei 225 falling 4.51% to close at 18,664.60 as shares of index heavyweight Fast Retailing plunged 13.16%. The Topix index […]

Mar 25
Shares open higher on Wall Street after deal on virus aid

Asian shares gained on Wednesday in the wake of Wall Street’s massive rebound as U.S. senators and Trump administration officials reached an agreement on a giant economic stimulus bill to alleviate the economic impact of the coronavirus outbreak. Shares European benchmark stock futures rose more than 1% in early trade but U.S. stock futures were […]

Mar 24
Asian stocks rallied on Tuesday

Asian stocks rallied on Tuesday as the U.S. Federal Reserve’s promise of bottomless dollar funding eased painful strains in financial markets, even if it could not soften the immediate economic hit of the coronavirus. Asian Shares MSCI’s broadest index of Asia-Pacific shares outside Japan added 1.2 percent, though that followed a drop of almost 6 […]

Mar 23
Asian shares, US futures sink as virus crisis deepens

U.S. futures dropped more than 4% and Australia’s share benchmark initially plunged 8.5% as work on more stimulus for the U.S. economy hit snags in the U.S. Senate. Asian Shares & U.S. futures Shares dropped more than 4% in Hong Kong and 5% in South Korea. The Shanghai Composite index lost 2.6%. Japan’s Nikkei 225 […]

Mar 20
Asian markets rise while US stock futures struggle

Asian markets jumped Friday while US stock stuttered after yet another volatile day of trading. Asian Markets and U.S futures South Korea’s Kospi was last up 4.5%, putting the benchmark index on pace to record its first gains since March 10. Hong Kong’s Hang Seng Index increased 2.8%, while Australia’s S&P/ASX 200 advanced 1.9%. China’s […]

Mar 19
Asian markets continued to lose ground Thursday morning in Asia

Asian markets continued to lose ground Thursday morning in Asia as fears of a global recession caused by the COVID-19 pandemic continue to grip markets.   Asian markets Japan’s Nikkei 225 could not hold on to a strong start to the morning session. The Japanese benchmark opened up 2.34%, but quickly gave up those gains and was down 0.78% by 10:04 PM ET (02:04 AM GMT).  The Bank of Japan is […]

Mar 18
Major Asian stock markets were higher Wednesday

Major Asian stock markets were higher Wednesday after Wall Street rebounded on President Donald Trump’s promise of aid to get the U.S. economy through the coronavirus outbreak. Chuck money at this, forget about debt, forget about deficits, no one’s actually going to be hauling you to task for keeping to some sort of ridiculous prudent […]

Mar 17
Asian shares fall after historic Wall Street rout

Most Asian shares fell on Tuesday a day after Wall Street’s historic market rout, with fleeting initial gains evaporating as the coronavirus remained a major risk to economic growth. Asian Shares MSCI’s broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS gave up early gains to trade 0.43% lower. Japan’s Nikkei stock index .N225 slid 2.79%. South […]