Category: Stock Market

Stocks in Asia Pacific tumbled on Monday as the U.S. Federal Reserve slashed its benchmark interest rate to zero and launched a massive quantitative easing program in an emergency move on Sunday. Stocks The S&P/ASX 200 in Australia led losses among the region’s major markets as it dropped 9.7% to close at 5,002. Mainland Chinese stocks dropped on the day […]

Stocks opened sharply higher Friday, but remained on track for a brutal week of losses that saw major indexes tumble into a bear market on uncertainty over the economic impact of the COVID-19 pandemic. Indications lawmakers and the Trump administration were moving close to an aid package were credited with lifting sentiment. The Dow Jones […]

Shares have tumbled after US President Donald Trump restricted travel to the US from mainland Europe in a bid to slow the spread of the coronavirus. Shares US S&P500 futures slumped more than 3 percent, a day after the S&P 500 lost 4.89 percent, putting the index in a bear market, defined as a 20 percent fall […]

European markets opened higher Wednesday after Asian shares mostly declined, as governments were ramping up aid for economies reeling from the virus outbreak. Shares France’s CAC 40 gained 2.5% to 4,750.03. Germany’s DAX rose 2.3% to 10,712.97. Britain’s FTSE 100 added 1.4% to 6,043.49. U.S. shares were set to open lower with Dow futures down […]

Global shares plunged on Monday and prices for crude oil tumbled as much as 33per cent after Saudi Arabia launched a price war with Russia, sending investors already worried by the coronavirus fleeing for the safety of bonds and the yen. Global Shares The Nikkei 225 in Japan fell 5.07% to close at 19,698.76, while the Topix […]

Asian Stocks dropped on Friday as volatility continued to grip the markets amid investor concerns over the global coronavirus outbreak. Asian Stocks Japanese stocks were among the biggest losers regionally as the Nikkei 225 dropped 2.72% to close at 20,749.75, with shares of index heavyweight and conglomerate Softbank Group plunging 6.07%. The Topix index fell 2.92% to end its […]

Asian shares rose Thursday, taking their cue from a surge on Wall Street as governments and central banks took more aggressive measures to fight the virus outbreak and its economic impact. Asian Shares Japan’s benchmark Nikkei 225 rose 0.8% to 21,262.49. Australia’s S&P/ASX 200 added 1% to 6,390.60. South Korea’s Kospi gained 0.7% to 2,073.99. […]

Asian shares struggled to find footing on Wednesday and bonds held stunning gains, as an emergency rate cut from the US Federal Reserve seemed to stoke rather than soothe fears over the coronavirus’ widening global economic fallout. Asian Shares MSCI’s broadest index of Asia-Pacific shares outside Japan rose 0.4% amid choppy trade across the region, […]

Global stocks were headed for their worst week since the 2008 financial crisis as Asia-Pacific markets sold off for a seventh day on coronavirus fears with shares in Tokyo following Wall Street into correction territory. Global Stocks The MSCI World index was down 9.4 per cent for the week on Friday, the worst performance since […]

Asian shares fell Wednesday (Feb 26) on growing fears the spread of Covid-19 may be unstoppable, hurting global growth considerably. Asian Shares Japan’s benchmark Nikkei 225 declined 0.8% to finish at 22,426.19. Australia’s S&P/ASX 200 dipped2.3% to 6,708.10. South Korea’s Kospi lost 1.0% to 2,076.77. Hong Kong’s Hang Seng declined 0.8% to 26,674.67. The Shanghai […]