Major European and Asian stock markets mostly gained and the dollar firmed against main rivals Wednesday following a positive lead from Wall Street, as all eyes turned to upcoming results from artificial-intelligence giant Nvidia. London was up 0.2 percent in late morning deals as a 20-percent surge in the share price of accounting-software group Sage … Read more
Markets rose Tuesday after a broadly positive day on Wall Street, with focus turning to the upcoming release of tech giant Nvidia’s earnings, while traders also kept tabs on Donald Trump’s picks for his new administration. Hong Kong and Shanghai were among the better performers in early action on hopes that China will unveil more … Read more
European and Asian stock markets slid Tuesday on worries of a possible trade war between China and the United States when Donald Trump takes over as president, analysts said. Chinese stocks were already under pressure from disappointment about Beijing’s lack of extra measures to boost China’s stuttering economy. The sell-off came despite another record close … Read more
Shares retreated in Asia early Thursday (Nov 7) after US stocks stormed to records as investors wagered on what Donald Trump’s return to the White House will mean for the economy and the world. Markets also were turning their attention to the Federal Reserve’s decision on interest rates, due later in the day. Japan’s Nikkei 225 shed … Read more
Global stock markets diverged Friday after tame tech earnings and investor jitters less than a week before a neck-and-neck US presidential election. Oil prices gained following reports that Iran was planning a major retaliatory strike on Israel as analysts say geopolitical fears have crept back into markets. Big tech delivered a mixed bag of earnings … Read more
Most major global stock markets rose on Tuesday with investors looking ahead to the release of US economic data and the earnings reports of tech titans this week. Oil prices rebounded after a sharp fall the previous day on relief that Israel’s strikes on Iran spared the country’s energy infrastructure. Concerns in the oil market … Read more
Major European and Asian stock markets diverged Friday in a quiet end to the week’s trading dominated by earnings updates. London edged down as investors awaited the first budget of Britain’s new Labour government on Wednesday, expected to include tax rises on businesses. In Asia, Shanghai and Hong Kong markets rose amid hopes of stronger … Read more
Europe’s main stock markets dropped Tuesday after gains for Chinese indices, as traders sought to ascertain the outlook for US interest rates ahead of the presidential election. Investor focus was also on company earnings, as gold and oil prices continued to win support from Middle East tensions. “A mix of continuing unrest in the Middle … Read more
Most Asian and European stock markets rose Friday after Chinese economic growth data beat forecasts and officials flagged fresh measures to boost the world’s second biggest economy. Paris and Frankfurt advanced in midday deals following the European Central Bank’s decision Thursday to further cut eurozone interest rates as inflation returns to normal levels. London dropped, … Read more
Public listings on Wall Street have seen a slow comeback in 2024 despite a resilient US economy, a long-awaited interest rate cut by the central bank and stock valuations hitting record highs. Experts say the lackluster IPO activity is due to competition from venture capitalists and a rate cut that was slow to come. While … Read more
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