Stock Market News / Page 133

Stock Market News (US Open) – European luxury brands benefit on LVMH results; major Wall Street indices reach all-time highs

Posted on October 10, 2017 at 3:16 pm GMT

At 1507 GMT, the pan-European Stoxx 600 index was trading 0.1% down on the day but still not far away from the near 12-week high of 391.09 that was recorded last week. The blue-chip Euro Stoxx 50 was deeper in losses, being down by 0.4%. The Spanish IBEX 35 traded 1.2% lower as European markets were getting near the day’s close, performing the worst among major blue-chip indices in Europe. Carles Puigdemont, the president of the government of Catalonia, is scheduled [..]

Stock Market News (US Open) – Positive start to the week ahead of US financials’ earnings in coming days

Posted on October 9, 2017 at 2:06 pm GMT

European indices were on balance positive today, as fresh worries about a possible North Korean missile test failed to dent investor optimism. Stock indices around the world had been hitting all-time highs during the previous week and sentiment remained mostly bullish today as well. The German DAX today traded at new all-time highs and at 12,996 it was just shy of the psychologically important 13,000 mark. The index later trimmed its gains to the 12,964 level. Gains and losses for [..]

Stock Market News (European Open) – Equity markets shrug off N. Korean story; DAX hits fresh record-high

Posted on October 9, 2017 at 9:42 am GMT

Out of Asia, Hong Kong’s Hang Seng lost 0.5%. The Shanghai Composite added 0.8% after being closed for holidays the previous week, and Australia’s S&P/ASX 200 gained 0.5%. Japanese and South Korean markets were shut for holidays. Concerns over tensions in the Korean peninsula might had resurfaced after comments by US President Donald Trump and reports North Korea might be preparing a long-range missile test that could have the capacity to reach the west coast of the US, however equity [..]

Stock Market News (US Open) – FTSE helped by weakening sterling; major Wall Street benchmarks slightly down

Posted on October 6, 2017 at 2:43 pm GMT

The pan-European Stoxx 600 traded 0.3% lower not long before European traders head home for the weekend. Despite the decline, it remains up on the week and on track for its fourth consecutive weekly gain. Spain’s IBEX 35, which received additional attention this week due to ongoing tensions over Catalonia’s efforts to gain independence, was 0.4% down, having reversed a large part of losses recorded earlier in the day. The blue-chip benchmark suffered a poor week, with weekly losses standing [..]

Stock Market News (European Open) – Spanish stocks reverse into losses; bullish US sentiment reverberates to Asia

Posted on October 6, 2017 at 9:37 am GMT

In Asian markets, the Nikkei 225 and the Topix, Japan’s broader gauge of equity performance, both added 0.3%. Hong Kong’s Hang Seng rose by 0.3% and Australia’s S&P/ASX 200 gained 1.0%, making up for a significant part of losses from preceding days. US equities yet again hit all-time highs during yesterday’s trading, recording decent gains along the way as well. The Dow added 0.5%, the S&P 500 rose by 0.6% and the tech-heavy Nasdaq Composite added 0.8%. The S&P rose [..]

Stock Market News (US Open) – IBEX partially recovers; miners dominate top FTSE outperformers; tech leads gains in US

Posted on October 5, 2017 at 2:05 pm GMT

At the opening of US markets (1330 GMT), the pan-European Stoxx 600 was 0.1% lower. IBEX 35, which retreated by 2.85% the day before to record its worst daily performance in more than a year, was on the rise today. The Spanish blue-chip index was up by 1.6% to render itself the best performing major blue-chip benchmark in Europe. All industry sectors comprising the index were in the green. Tensions in Catalonia remain in the forefront with the region likely [..]

Stock Market News (European Open) – Mixed open in Europe following from slightly positive US / Asian trading

Posted on October 5, 2017 at 9:09 am GMT

European stocks opened mixed on Thursday as UK and Spanish stocks were in the green while German, French and Italian markets were either unchanged or slightly lower. In Spain there was a little relief that the situation in Catalonia did not deteriorate further as some investors took a more sanguine view over the future of the country’s constitutional crisis. Others however were expecting further escalation as the region plans to declare its independence next week. The IBEX was up 0.68% [..]

Stock Market News (US Open) – DAX only bright spot in Europe, boosted by automakers; US opens lower

Posted on October 4, 2017 at 2:10 pm GMT

Most major European bourses remained into the red as the trading day progressed. The Stoxx 600, a broader gauge of European equity performance, was down 0.15% after rising to a three-and-a-half-month high of 391.09 earlier in the day. IBEX 35 was on track to record its worst performance in more than a year. The Spanish blue-chip index was last down by 2.3% with financials being the benchmark’s worst performing sector. Banks Banco de Sabadell, Caixabank, Bankia, Banco Santander, Banco Bilbao [..]

Stock Market News (European Open) – Europe broadly lower with Spanish equities underperforming; Hang Seng adds to gains

Posted on October 4, 2017 at 9:43 am GMT

The Japanese Nikkei 225 and the broader Topix finished the day at fresh three-year highs after achieving the same feat yesterday, albeit their performance significantly lacked yesterday’s rise. The former added less than 0.1% and the latter was only higher on the margin. Hong Kong’s Hang Seng gained 0.7% after yesterday’s surge by 2.25%; the index has been on a positive footing after the PBOC announced that it will reduce the bank reserve requirement ratio, boosting banking stocks. Australia’s S&P/ASX 200 added [..]

Stock Market News (US Open) – IBEX continues to fall; overall picture in Europe little changed; Wall Street renews highs

Posted on October 3, 2017 at 1:56 pm GMT

In afternoon European trading hours, the pan-European Stoxx 600 was flat, trading close to 390.53, this being the fresh three-month high recorded by the benchmark earlier in the day. The FTSE 100 and the CAC 40 were higher by 0.15% and 0.3% respectively on a day when Germany was closed for Unification Day. The Spanish IBEX 35 added to morning losses to trade 0.6% lower, falling to its lowest since September 8 earlier in the day. Political uncertainty in Spain [..]

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