Category: Stock Market

Feb 04
Asian stocks steady, dollar firm after upbeat U.S. job data

Asian stocks hovered near four-month highs on Monday after a mixed performance on Wall Street at the close of last week, while the dollar firmed against the yen following strong U.S. employment and manufacturing data. Asian Stocks Hang Seng up 0.2 percent. U.S. S&P 500 e-mini futures. The Dow nudged up 0.26 percent. The Nasdaq shed 0.25 percent. The Dow slipped […]

Feb 01
Asian shares go flat as China data disappoints

Asian shares go flat four-month highs on Friday as a dismal survey on Chinese factory activity dulled optimism about the prospects for a Sino-U.S. deal on tariffs. Asian Shares MSCI’s broadest index of Asia-Pacific shares outside Japan slipped 0.2 percent. Japan’s Nikkei went flat. Shanghai blue chips held onto a 0.7 percent gain. S&P 500 ending Thursday […]

Jan 31
Asian stocks rose as Fed turns more cautious

Asian stocks rose to a four-month high on Thursday after the Federal Reserve pledged to be patient with further interest rate hikes, signaling a potential end to its tightening cycle amid signs of slowing global growth. Asian Stocks MSCI’s broadest index of Asia-Pacific shares outside Japan rose to its highest since Oct. 4 and was […]

Jan 30
Asian shares steadied on Wednesday

Asian shares steadied on Wednesday as investors awaited Federal Reserve policy guidance and the outcome of high level trade talks between the United States and China, while drawing relief from Apple Inc’s earnings. Asian shares steadied on Wednesday; Investors await Fed, U.S.-China talks Stocks Japan’s Nikkei was an outlier, dropping 0.5 percent. U.S. S&P 500 e-mini futures tacked on […]

Jan 29
Asian shares fall on Tuesday; focus on Sino-U.S. talks

Asian shares stumbled on Tuesday and the dollar hovered near two-week lows as prospects for a long-awaited Sino-U.S. trade deal were dealt another blow after the United States leveled sweeping criminal charges against China’s telecom giant Huawei. Stocks S&P 500, Dow and Nasdaq were each off 0.2 percent. Shanghai’s SSE (LON:SSE) Composite was up 0.1 percent. Blue-chip […]

Jan 28
Asian shares pare gains as focus turns to crucial Sino-U.S. trade talks

Asian shares ticked up on Monday though they retreated from earlier highs as relief on news of a deal to reopen the U.S. government following a prolonged shutdown gave way to edginess before a key round of Sino-U.S. trade talks. Stocks E-Mini futures for the S&P 500 were last down 0.4 percent. MSCI’s broadest index of Asia-Pacific […]

Jan 25
Asian stocks at seven-week top after U.S. techs rise

Asian stocks rallied to a seven-week high on Friday, buoyed by gains in U.S. technology firms as pockets of strength in corporate earnings eased some of the anxiety over a slowing global economy. Stocks MSCI’s broadest index of Asia-Pacific shares outside Japan gained more than 1 percent. Germany’s DAX gaining 0.6 percent . France’s CAC advancing 0.45 percent. The Shanghai […]

Jan 24
Asian shares subdued as U.S. political standoff, ECB decision eyed

Asian shares inched up in subdued trade on Thursday after Wall Street ended higher, but political uncertainty in the United States and worries about weakening global economic growth kept many investors on the sidelines. Stocks MSCI’s broadest index of Asia-Pacific shares outside Japan (MIAPJ0000PUS) added 0.3 percent. Australian shares (AXJO) were flat. Shanghai Composite (SSEC) […]

Jan 24
European shares inched higher on Thursday

European shares inched higher on Thursday as better-than-expected results from chipmaker STMicro delivered a boost to the tech sector, while oil stocks weighed on the market. European Shares The pan-European STOXX 600 (STOXX) gained 0.1 percent by 0843 GMT, in line with Germany’s DAX (GDAXI) while Britain’s FTSE 100 (FTSE) fell 0.4 percent. Chipmaker STMicroelectronics […]

Jan 23
Asian shares pause amid concerns over growth and trade

Asian stocks trod water on Wednesday as concerns over the outlook for global economic growth and the ongoing Sino-U.S. trade war kept investors away from riskier assets. Stocks Britain’s FTSE losing 0.3 percent. Germany’s DAX slipping 0.2 percent. France’s CAC shedding 0.4 percent. MSCI’s broadest index of Asia-Pacific shares outside Japan dipped 0.15 percent. The Shanghai Composite Index was last down 0.15 percent, […]