Stock Market News / Page 134

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 [..]

Stock Market News (European Open) – European stocks mostly flat; Asia broadly higher

Posted on October 3, 2017 at 9:58 am GMT

In Asia, the Nikkei 225 finished the day higher by 1.1%, while the Topix, Japan’s broader equity index, gained 0.65%. Both benchmarks recorded their highest close since August 2015. Hong Kong’s Hang Seng made a strong comeback after yesterday’s holiday, jumping by 2.25%. Australia’s S&P/ASX 200 declined by 0.5% after yesterday’s advance of 0.8%. Mainland China and South Korea remain closed for public holidays. The Dow Jones Industrial Average, S&P 500 and Nasdaq Composite all closed at all-time highs during [..]

Stock Market News (US Open) – Excluding Spain, Europe on the rise; Stoxx 600 hits 3-month high; Wall Street at fresh peaks

Posted on October 2, 2017 at 2:03 pm GMT

As trading progressed, major European benchmarks remained broadly in the green with the Spanish IBEX 35 being the exception as it was weighed by political uncertainty in the country following yesterday’s Catalan referendum for independence. The pan-European Stoxx 600 last traded 0.1% higher, hitting a fresh three-month high of 389.43 earlier in the day. The IBEX 35 was down by 1.8%, looking poised for its worst daily performance in nearly two years. The FTSE 100, DAX and CAC 40 were [..]

Stock Market News (European Open) – IBEX declining after Catalan vote; European equities mostly gaining, boosted by weaker euro

Posted on October 2, 2017 at 10:11 am GMT

The Nikkei 225 advanced by 0.2%, whereas the broader Japanese index, the Topix, lost 0.1% on a day when Asian markets, including China, Hong Kong and South Korea were closed for public holidays. Third quarter data released today showed big manufacturers in Japan being the most upbeat about the business outlook in a decade. Australia’s S&P/ASX 200 added 0.8% to record its heftiest gain in nearly two months in a light trading day with Melbourne open for business and Sydney [..]

Stock Market News (US Open) – Strong September for European equities; S&P 500 at new record high

Posted on September 29, 2017 at 2:04 pm GMT

Not long before European traders head home for the weekend, the pan-European Stoxx 600 was trading 0.1% higher relative to yesterday’s close and near the 10-week high of 386.91 it recorded earlier in the day. On a weekly basis, it was up by a decent 0.9%, while during the month of September it rose by a bit less than 3.4%. European stocks are looking set to record their strongest monthly gain so far this year. FTSE 100 component stocks, being [..]

Stock Market News (European Open) – Stoxx 600 close to flat; FTSE on the rise on weakening pound; Volkswagen falls

Posted on September 29, 2017 at 10:09 am GMT

The Nikkei 225 finished the day marginally lower with Japan’s broader index, the Topix, declining by 0.1%. Hong Kong’s Hang Seng and the Shanghai Composite added 0.5% and 0.3% respectively, with Australia’s S&P/ASX 200 adding 0.2%. Major markets in Asia will be closed for holidays next week – this includes mainland China which will be holding National Day celebrations throughout the week. Equity traders have been paying close attention to the Trump administration’s tax plan in recent days, with questions remaining [..]

Stock Market News (US Open) – European equities not much changed; FTSE hurt by rising sterling; US opens lower

Posted on September 28, 2017 at 1:56 pm GMT

Not long before European traders head home for the day, the pan-European Stoxx 600 was marginally down on the day but not far away from the 10-week high of 386.31 that was recorded yesterday. The FTSE was 0.2% lower, with the DAX and CAC 40 up by 0.3% and 0.1% respectively. The UK blue-chip index posted losses after Michel Barnier, the EU’s chief negotiator for Brexit, made some comments that boosted the British currency. Among others, he remarked that this [..]

Stock Market News (European Open) – Stoxx 600 flat; Asia mixed; Trump’s tax plan in focus

Posted on September 28, 2017 at 9:53 am GMT

In Asian markets, the Japanese Nikkei 225 and Topix indices advanced by 0.5% and 0.7% respectively after yesterday’s decline due to ex-dividend adjustments. Hong Kong’s Hang Seng lost 0.8% and the Shanghai Composite declined by 0.15%. Australia’s S&P/ASX 200 climbed by 0.1%. The US President Donald Trump yesterday unveiled his much-anticipated tax plan. The proposals by Trump did prompt criticism and will surely face a battle in Congress, but nevertheless the unveiling of the plan did boost risk sentiment with [..]

Stock Market News (US Open) – European equities pushed higher by financials; Wall Street rises in anticipation of tax plan

Posted on September 27, 2017 at 2:10 pm GMT

Renewed hopes of fiscal stimulus in the US in the form of tax cuts boosted sentiment in Europe today, allowing banking stocks to rally. European equities were broadly in the green as the pan-European Stoxx 600 hit a fresh 10-week high of 385.82. The index was 0.5% up on the day during late European trading hours, trading near the day’s high. The FTSE 100, DAX and CAC 40 were up by 0.5%, 0.6% and 0.3% respectively. Adding to morning gains, [..]

Stock Market News (European Open) – European stocks broadly in the green; Japanese indices decline on ex-dividend adjustments

Posted on September 27, 2017 at 9:46 am GMT

In Asia, the Nikkei 225 and Japan’s broader equity gauge, the Topix, finished the day lower by 0.3% and 0.5% respectively. Hong Kong’s Hang Seng added 0.5% and the Shanghai Composite gained 0.1%. Australia’s S&P/ASX 200 lost 0.1%. The yen has been weakening relative to the US currency with the dollar benefitting from comments made yesterday by Fed Chair Janet Yellen. Among other comments, the Fed chief said that it “would be imprudent to keep monetary policy on hold until [..]

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