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Stock Market News (European Open) – Stocks advance as Korean worries recede

Posted on August 30, 2017 at 9:17 am GMT

Seemingly deescalating Korean tensions led stock markets in Europe posting a rebound after yesterday’s hefty declines. During morning European trading hours all major European indices were in the green. The strong earnings environment on a global basis is also acting as a catalyst for the recovery. In particular, the FTSE 100, DAX and CAC 40 were up by 0.4%, 0.6% and 0.4% respectively. Financials which took a beating during yesterday’s risk-off mood are leading the gains in the FTSE (up [..]

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Stock Market News (US Open) – Sea of red spreads to Wall Street; DAX at 5-month low

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

For the most part, indices in Europe consolidated losses posted during early trading while US stock markets also started the day deep in red territory as tensions in the Korean peninsula are reignited after today’s missile launch by North Korea. In a statement that followed, US President Donald Trump said, among other things, that “all options are on the table” regarding this matter. The Dow Jones Industrial Average, S&P 500 and Nasdaq Composite started the US trading day lower – down [..]

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Stock Market News (European Open) – North Korean missile launch sets risk-off mood

Posted on August 29, 2017 at 9:12 am GMT

Major indices in Australasia finished the day in the red today on the back of the risk-averse mood that set over the region on news that North Korea fired a missile that flew over Japan and landed in Pacific waters north-east of Japan. In particular, Hong Kong’s Hang Seng Index finished the day 0.4% down, the Australian S&P/ASX 200 0.7% down and Japan’s Nikkei 225 0.5% down after contracting by close to 1% earlier in the day to touch its [..]

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Stock Market News (US Open) – Strong euro, M&A deals, Hurricane Harvey and CEO move mark today’s key equity news

Posted on August 28, 2017 at 1:43 pm GMT

Market participants across the globe started yet another week with a mixed performance in equity markets. Most bourses in Europe were trading lower as the European session progressed while  US stocks opened higher, with the Dow Jones Industrial Average rising 0.18%, the S&P 500 up 0.23% and the Nasdaq Composite up 0.32%. The pan-European Stoxx 600 slid 0.17%, with the blue-chip Euro Stoxx 50 down 0.09%. Germany’s DAX was 0.08% lower ahead of the US open. Due to a bank holiday, [..]

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Stock Market News (European Open) – European stocks dip as euro surges; Asian equities head lower at start of week

Posted on August 28, 2017 at 8:53 am GMT

European stocks came under pressure as a result of a market sell-off following the euro’s surge on Friday. All major bourses opened lower with the Dutch AEX underperforming. Stocks in Asia headed for a lower start of the week as most indices were looking to close in red territory. In Asia, the Nikkei 225 fell 0.05% in early European trading hours, led by a dip among financial stocks. Australia’s S&P/ASX 200 slid 0.59% while the Hang Seng was broadly flat. European stocks opened lower amid a surge in the [..]

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Stock Market News (US Open) – European indices to finish last day of week in positive tone; US opens higher

Posted on August 25, 2017 at 2:01 pm GMT

Major European indices were broadly heading higher as the continent was getting closer to the end of this week’s trading. The Dow Jones Industrial Average, S&P 500 and the Nasdaq 100 also started trading in green territory. The FTSE 100, DAX 30 and CAC 40 were all up by 0.3% during afternoon European trading hours. It is also noteworthy that the FTSE is recording its fourth straight day of advances. In the meantime, the pan-European STOXX 600 was also up [..]

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Stock Market News (European Open) – Amazon strings European retailers; yen, autos push Japan’s Nikkei higher

Posted on August 25, 2017 at 8:43 am GMT

Stocks in Europe were dragged lower by the retail index that fell on competition woes. In Asia, performance was mixed with the indices in Hong Kong and Japan gaining, while Australia’s S&P/ASX 200 slid 0.03%. Export reliant Japanese automakers topped the gainers in Japan’s Nikkei 225 that rose 0.51% as the yen has been heading for its worst weekly loss in almost two months. While the Nikkei rose on the day, the index is still down for the sixth consecutive [..]

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Stock Market News (US Open) – World equities trade higher as investors await Jackson Hole key speeches

Posted on August 24, 2017 at 1:57 pm GMT

All major bourses traded higher during European trading hours with the three main US indices also advancing, in a light-volume market. The pan-European STOXX 600 rose 0.54%, while the blue chip STOXX 50 gained 0.61%. The Dow Jones Industrial Average advanced 0.16%, the S&P rose 0.18% and the Nasdaq Composite gained 0.27% after the market opened. Investors will be analyzing events at Jackson Hole, most notably keen to get updates from Mario Draghi and Janet Yellen, both due to speak [..]

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Stock Market News (European Open) – Dixons Carphone drags recovering European stocks; steelmakers push Nikkei lower

Posted on August 24, 2017 at 8:54 am GMT

Most bourses in Europe opened higher, with the exception of Sweden’s OMXS. The HANG SENG resumed its trading 0.53% higher after a day off due to Typhoon Hato, while Australia’s S&P/ASX 200 gained 0.14% on the day. By contrast, Japan’s Nikkei 225 slid 0.42%. The Nikkei 225 tumbled, with steelmakers faring the worst on news that there was an agreed cut in prices of steel supplied to component makers in the six-months period starting in October. The share prices of [..]

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Stock Market Review (US Open) – Equities tank ahead of US open amid strong euro; Italian bourse underperforms peers

Posted on August 23, 2017 at 1:49 pm GMT

As today’s trading progressed European bourses reversed into red territory, erasing early gains. The upside beat in the eurozone’s manufacturing PMI failed to lift the pan-European benchmark index. The STOXX 600 fell 0.40%, with the banks heavy-weight Italian FTSE MIB faring the worst. In the US, the Dow Jones Industrial Average index fell 0.34%, the S&P 500 slid 0.44% and the NASDAQ Composite tumbled 0.54%. The financial sector dragged blue chip stocks lower in Europe, with the STOXX 50 index [..]

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