Stock Market News / Page 135

Stock Market News (US Open) – Modest gains in Europe; tech stocks attempting recovery in US

Posted on September 26, 2017 at 1:59 pm GMT

Beyond company fundamentals, ongoing tensions between North Korea and the US, as well hints on the future direction of monetary policy by the world’s major economies, were on equity traders’ radar during today’s trading. Major indices in Europe were fluctuating between gains and losses throughout the session’s trading. Stoxx 600, the pan-European index, last traded 0.1% higher. Its performance ranged from -0.1% to 0.2%, touching a fresh two-month peak at its highest. In terms of country indices, the FTSE 100 [..]

Stock Market News (European Open) – Monetary policy, geopolitics on equity traders’ focus; Stoxx 600 up in morning trading

Posted on September 26, 2017 at 9:52 am GMT

North Korea yesterday accused the US of declaring war on the country, giving it the right for countermeasures, including shooting down US war jets even if they’re flying outside its air space. This is not the first time that such a statement (i.e. the US declaring war on North Korea) has been made by Pyongyang, though given what preceded this time round it may carry more weight than in the past. Rhetoric between the US and North Korea getting heated [..]

Stock Market News (US Open) – Stoxx 600 remains in the green; Wall Street benchmarks yet again hurt by Apple

Posted on September 25, 2017 at 2:11 pm GMT

As trading progressed, the pan-European Stoxx 600 gave up on part of the gains made during morning European trading, though it remained in the green and not far below the two-month high it recorded earlier in the day. It was last up by a bit less than 0.2%. Spain’s IBEX 35 remained the worst performing major benchmark in the continent, being last down by 0.6%. Caixabank, which was down by 3.0% and topped the list of decliners within the Stoxx [..]

Stock Market News (European Open) – Stoxx 600 records fresh 2-month high; Japanese equities on positive backdrop

Posted on September 25, 2017 at 9:50 am GMT

Japanese indices including the Nikkei 225 and the broader Topix started the week on a positive tone, both rising by 0.5% relative to Friday’s close – Friday being a day when they contracted by 0.25%. The two benchmarks have been supported by the weakening yen (having specifically in mind the rising dollar/yen pair) over the last couple of weeks, as export-reliant Japanese companies are seen as benefiting from a falling Japanese currency. Equities in Japan are also on a positive [..]

Stock Market News (US Open) – European equities rebound to trade higher; Wall Street opens lower

Posted on September 22, 2017 at 2:04 pm GMT

European stocks reversed losses from earlier in the day as almost every major benchmark in the continent traded in the green a little before European markets close for the weekend. The pan-European Stoxx 600, which was 0.2% down at its lowest, last traded up on the margin. At its highest, it reached a two-month peak. On a weekly basis, it is up by a decent 0.6%. The FTSE 100 and CAC 40 were up by 0.2% and 0.3% respectively. The [..]

Stock Market News (European Open) – Korean tensions back on the frontline; stocks retreat, though not as sharply

Posted on September 22, 2017 at 9:51 am GMT

North Korea saying it could consider conducting another nuclear test, specifically a hydrogen-bomb test in the Pacific, diverted attention from monetary policy decisions and their implications from earlier in the week, dampening risk sentiment. Equity markets have been declining for the most part, though not as sharply as past occasions when threats had been exchanged between the US and North Korea. Investors might be interpreting the latest comments as mere rhetoric rather than a serious threat, using them as an [..]

Stock Market News (US Open) – Europe boosted by financials and lower euro; US slightly down post-FOMC

Posted on September 21, 2017 at 1:46 pm GMT

Major Eurozone indices posted gains during today’s session as a drop in the euro versus the dollar helped exporters while optimism that the Fed would raise interest rates in December boosted financials. The French CAC 40 was up 0.6% while the German DAX was up by 0.3%. Italy’s MIB was also doing well by rising 0.6% while Spain’s IBEX remained challenged on worries about the prospect of further unrest in the region of Catalonia. Only the UK’s FTSE was lagging [..]

Stock Market News (European Open) – European indices on the rise as financials gain on Fed

Posted on September 21, 2017 at 10:04 am GMT

In Japan, the Nikkei 225 continued rising for the fourth straight day, this time adding 0.2%, while the Topix, the country’s broader equity gauge rose by 0.05%, giving up earlier gains. Αt its highest the Topix was up by a bit more than 0.7%, reaching its best level since August 2015. Hong Kong’s Hang Seng finished the day marginally higher and the Shanghai Composite fell by 0.2%. Australia’s S&P/ASX 200 lost a significant 0.9%. The Federal Reserve and the Bank of Japan completed their meetings [..]

Stock Market News (US Open) – Stocks head towards Fed announcement in mixed mood

Posted on September 20, 2017 at 1:46 pm GMT

Stocks around the world were basically waiting for the monetary policy verdict of the Federal Reserve, as its policy stance could influence other major central banks to tighten or stay pat as well. Investors were reluctant to push indices far from their prevailing levels in the face of such major event risk. In corporate news, Thyssenkrupp and Tata Steel agreed to merge and form the second largest steel company in Europe. The aim of the merger is to consolidate the [..]

Stock Market News (European Open) – European equities edge higher; Trump comments largely shrugged off

Posted on September 20, 2017 at 9:31 am GMT

In Asian markets, the Nikkei 225 added little after yesterday’s massive gain by nearly 2.0%, rising by 0.05% in today’s trading. Japan’s broader equity gauge, the Topix, was flat at yesterday’s level which constituted the highest the benchmark has reached since August 2015. Hong Kong’s Hang Seng gained 0.3% and the Shanghai Composite advanced by 0.3%. Australia’s S&P/ASX 200 lost a bit less than 0.1%. US President Donald Trump delivered a tough speech yesterday at the UN, threatening to “totally [..]

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