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Stock Market News

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Stock Market News (US Open) – European bourses hold onto gains; Wall Street up for second day

Posted on August 22, 2017 at 2:33 pm GMT

European equities held on to their gains in afternoon trading following a strong open today, ending three days of losses for the Stoxx Europe 600 index. London’s FTSE 100 led the way as mining heavyweights were some of the day’s best performers. Stocks of mining companies such as BHP Billiton plc, Antofagasta plc and Rio Tinto plc were boosted after base metals extended their rally today. Copper, iron ore, zinc, aluminium and nickel prices were all up today, benefiting from [..]

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Stock Market News (European Open) – Mining results bolster world equities as geopolitical tensions fall out of spotlight

Posted on August 22, 2017 at 8:34 am GMT

The majority of equity bourses in Asia and Europe were trading in positive territory today. The HANG SENG, Australia’s ASX/S&P 200 and Shanghai Composite all ended the day higher. The only exception was the Nikkei 225 that fell 0.05%. In Europe, the STOXX 600 index rose 0.52% in early hours of trading. The pan-European STOXX 600 rose around half-a-percent in early hours of trading despite a 60% plunge in the share price of Provident Financial. The blue-chip STOXX 50 rose [..]

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Stock Market News (US Open) – European equities recoup some losses as individual stocks shine; US indices open flat

Posted on August 21, 2017 at 2:03 pm GMT

As the European trading progressed all major indices on the old continent halted their decline and managed to recoup some of the losses. However, trading remained within relatively close range on thin volumes. The pan-European STOXX 600 tempered its daily loss to just 0.07% ahead of the US open. The STOXX 50 mirrored that loss, an improvement from its 0.34% fall upon the market open. US stocks pointed to a flattish day as major indices didn’t move much after the market opened, halting [..]

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Stock Market News (European Open) – Mixed sentiment in equity markets as geopolitical turmoil continues to weigh

Posted on August 21, 2017 at 8:54 am GMT

The majority of equity bourses started the week lower with only a couple of bright spots in Asia. The HANG SENG (up 0.52%) and Shanghai Composite index (up 0.56%) were up while other indices in Asia fell. Australia’s S&P/ASX 200 slid 0.37% and the Nikkei 225 fell 0.40%. In Europe, the STOXX 600 declined 0.29% and the blue chip STOXX 50 fell 0.34%. Geopolitical tensions failed to provide a breather to equity markets at the start of this week. In [..]

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Stock Market News (US Open) – Stock sell-off continues on persisting risk-off sentiment

Posted on August 18, 2017 at 2:06 pm GMT

Risk-off sentiment remained evident in European stock markets during today’s trading with the continent’s major stock indices extending yesterday’s losses. Shocking news of a terrorist attack in Barcelona yesterday afternoon (local time) further dampened risk appetite after dovish-perceived remarks in both the ECB minutes released on Thursday and Fed minutes released the day before. Politics in Washington – specifically fresh doubts on US President Donald Trump’s ability to deliver – are also weighing on sentiment. In terms of the US, [..]

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Stock Market News (European Open) – Another week of red for world equities as indices tumble on renewed geopolitical tensions

Posted on August 18, 2017 at 8:41 am GMT

A sell-off among world equities spread to Europe where travel stocks were hit the most on the terrorist attack in Spain. Stocks in Asia finished the day lower, with all major indices tumbling. The Nikkei 225 fell 1.18%, Australia’s S&P/ASX 200 slid 0.56% and the HANG SENG index dropped 0.96%. The pan-European STOXX 600 index fell 0.74%, while the blue-chip STOXX 50 slid 0.72%. Among major European bourses, the Spanish IBEX underperformed peers, falling 1.04%. Stocks of most companies fell [..]

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Stock Market News (US Open) – Central banks drive equity sentiment as markets plunge into red territory

Posted on August 17, 2017 at 1:52 pm GMT

As a result of the dovish-perceived minutes from the latest meeting of both the Federal Reserve and the European Central Bank, European equities were looking to close the day lower, following suit of their Asian peers, while US stocks fell after the market opened. The Dow Jones slid 0.24%, the S&P 500 fell 0.32%, while the Nasdaq Composite dropped 0.37%. The pan-European STOXX 600 fell by 0.18% ahead of US trading while the blue chip STOXX 50 was 0.20% lower. [..]

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Stock Market News (European Open) – European equity rally comes to halt as Asian stocks end day lower

Posted on August 17, 2017 at 9:11 am GMT

Equity indices across major European bourses opened lower, following their Asian peers that ended the day with a loss. The pan-European STOXX 600 index fell 0.15% while the blue-chip STOXX 50 index dropped 0.21%. The HANG SENG declined by 0.08% and Australia’s S&P/ASX200 slid 0.10%. In Japan, the Nikkei 225 finished the day 0.14% lower. A lower probability of another interest rate hike in the US this year, based on the minutes from the latest Federal Reserve meeting led European banks [..]

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Stock Market News (US Open) – US and European bourses in the green; miners boost the FTSE

Posted on August 16, 2017 at 2:10 pm GMT

Major European indices were posting hefty gains in today’s trading facilitated by increased optimism over the continent’s recovery – annualized figures released today showed the eurozone expanding by a better-than-estimated 2.2% during the first quarter of the year, while before that, data showed Eastern European countries including Poland, Romania and the Czech Republic recording stronger than expected growth. The FTSE 100, DAX and CAC 40 were all up, standing 0.8%, 0.9% and 1.1% higher on the day during afternoon European [..]

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Stock Market News (European Open) – Miners top gainers as European bourses’ gains unfold, Asian performance mixed

Posted on August 16, 2017 at 8:46 am GMT

All major European bourses rose in early hours of trading, following a gain among Asian indices. The pan-European STOXX 600 index gained 0.60%, while the blue chip STOXX 50 index rose 0.56%. In Asia, Australia’s S&P/ASX 200 was up 0.48% and the HANG SENG by 0.80%. The Nikkei 225 was down 0.12% on the day. In Europe, the Italian FTSE MIB index rose the most, up 1.07%, followed by the French CAC 40 (up 0.83%). The basic resources index rose [..]

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