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Stock Market News

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Stock Market News (US Open) – European stocks plunge across board, US equities open lower, give up on strong gains

Posted on August 8, 2017 at 1:55 pm GMT

Major European markets were lower today, with Germany’s DAX index faring the worst by falling 0.35%. The pan-European STOXX 600 index fell 0.25% and retraced earlier modest gains. In the US, the S&P 500, the Dow and the NASDAQ Composite fell around 0.15% when the market opened. Tempered demand from China, as seen in disappointing trade data earlier today weighed on the basic materials sector in the STOXX 600, which was the worst performing one, down 0.66%. The German DAX fared the worst among [..]

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Stock Market News (European Open) – Utilities halt weakness in European stocks, Asian trading ends on mixed note

Posted on August 8, 2017 at 9:06 am GMT

European stocks, as measured by the pan-European STOXX 600 index, posted a modest gain during early hours of trading, halting losses from the start of the week. A jump in the utilities sector offset losses among basic materials stocks. Major bourses in Asia ended their trading day with mixed results. The Nikkei 225 index was down 0.30% while the Hang Seng rose 0.57% led by a surge in the share price of Geely Automobile (up 6.7%). The pan-European STOXX 600 index [..]

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Stock Market News – European shares retrace morning gains, strength in US equity market unfolds

Posted on August 7, 2017 at 1:46 pm GMT

As the European session progressed many of the equity bourses on the old continent gave up on their early gains. The pan-European benchmark STOXX 600 index fell a quarter-of-a-percent, while the Germany’s DAX was the worst performing country index, down 0.47%. By contrast, the stock market in the US opened higher with the NASDAQ gaining the most, up 0.15%. Mining and energy stocks drove some early gains for the European bourses, led by the FTSE 100 index, on a rally [..]

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Stock Market News – US equities open higher with Dow hitting another record, European equities also stronger

Posted on August 4, 2017 at 1:56 pm GMT

As the European session progressed many of the equity bourses on the old continent retraced their opening losses. The pan-European STOXX 600 rose 0.20% led by the basic materials sector, which expanded 0.60%. Ahead of the US open the only drag among sectors was healthcare. In the US, the three main indices all rose higher with the Dow Jones index hitting another record high. The healthcare sector in Europe was down 0.34% as the number of fallers in the sector drove it lower, [..]

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Stock Market News – FTSE 100 gains following pound plunge, US markets open broadly flat as Tesla powers ahead

Posted on August 3, 2017 at 2:09 pm GMT

Both the pan-European STOXX 600 and the blue chip STOXX 50 index rose 0.20% ahead of the US open with the healthcare and consumer non-cyclical sectors leading the gainers. However, a plunge in the energy sector eased the gains elsewhere. In the US, the three major indices opened broadly flat. The FTSE 100 index outperformed other major indices in Europe as it rose 0.90% ahead of the US open, amid the weakness in sterling. The pound hit a nine-month low against the [..]

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Stock Market News – Europe banks, miners offset technology advance, Dow hits record 22,000-mark on upbeat Apple

Posted on August 2, 2017 at 1:53 pm GMT

Sentiment in the technology sector jumped following upbeat results from Apple, pushing up share prices of a number of technology companies from Tokyo to New York. However, the tech gain was not enough to offset weakness among banks and miners. Mining stocks weighed on European indices following a decline in prices of most industrial metals. Furthermore, disappointing results from Standard Chartered, Societe Generale and Commerzbank dragged down the rest of the eurozone banks. In the US, equity indices opened higher, led by the [..]

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Stock Market News – Dow eyes 22,000; European indices gain across the board

Posted on August 1, 2017 at 2:16 pm GMT

The Dow Jones Industrial Average hit yet another record closing high during yesterday’s trading, finishing the day 0.3% higher at 21,891.12. The index containing 30 blue chip stocks was bolstered by a string of positive earnings reports and gains in Boeing’s stock price. Declines in tech giants Facebook and Google’s parent company Alphabet weighed on the S&P 500 and more notably on the tech-heavy Nasdaq Composite. The latter two closed yesterday’s trading 0.1% and 0.4% down respectively. Boeing’s stock price [..]

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Stock Market News – European stocks look to close month on positive note, bolstered by financials and miners

Posted on July 31, 2017 at 2:01 pm GMT

Most major European bourses advanced during the European session and looked to close the month in positive territory. The pan-European STOXX 600 rose 0.34% as gains among financials and mining stocks offset a setback in tobacco stocks. In the US, the S&P 500 and the Dow all opened higher, with the Dow hitting an all time high. Swedish OMXS and French CAC 40 were the only slightly pressured indices in Europe, both falling around 0.10%. The Swiss SMI index led [..]

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Stock Market News – FANG spurs market pullback as stocks across Europe and US look to close week lower

Posted on July 28, 2017 at 2:11 pm GMT

European major share indices slipped today, heading for a weaker finish to the week, with the benchmark STOXX 600 index down 1%. After disappointing results from Amazon, the technology sector weighed on all markets pushing share prices down. Europe’s tech index was down 1.5% ahead of the US open. The US indices followed suit, opening lower. The tech-heavy Nasdaq Composite was down 0.12%, the S&P 500 opened 0.20% lower, while the blue-chip Dow was only slightly down by 0.05%. Down [..]

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Stock Market News – Dow, S&P and Nasdaq at record highs; healthcare acts as drag in Europe

Posted on July 27, 2017 at 1:28 pm GMT

All three major US stock indices reached record closing highs during yesterday’s trading, being boosted by significant advancing by Boeing and AT&T which delivered strongly in terms of profitability. In particular, the Dow Jones Industrial Average closed 0.5% up on the day at 21,711.01, the S&P 500 closed only marginally up at 2,477.83 and the Nasdaq Composite finished the day 0.2% higher at 6,422.75. Facebook’s share price hit a record high in premarket trading after the company performed much better [..]

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