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Stock Market News (European Open) – Equity rally takes a breather; miners remain under pressure

Posted on September 14, 2017 at 9:55 am GMT

The rally in stocks earlier in the week, effectively on Monday and Tuesday, was not sustained mid-week. The Nikkei 225 and the broader Japanese index, the Topix, both contracted by 0.3% after rising in the three preceding days. Hong Kong’s Hang Seng built on yesterday’s decline to finish the day lower by 0.4%. The Shanghai Composite was down by a similar proportion and Australia’s S&P/ASX 200 edged lower by 0.1%. Further dampening risk sentiment today were Chinese data on fixed [..]

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Stock Market News (US Open) – European stocks partially recover losses; miners dominate FTSE underperformers; Wall Street opens lower

Posted on September 13, 2017 at 2:06 pm GMT

European equities, as gauged by the performance of major indices in the continent, have to a large extent reversed losses from earlier in the day. The Stoxx 600 was down by less than 0.1%, making up for more than three-quarters of the 0.4% decline it reached at its lowest earlier in the session. The FTSE 100, DAX and CAC 40 all moved higher with the former remaining in red territory though, being last down by 0.2%. The DAX and the [..]

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Stock Market News (European Open) – Stock rally eases; European equities retreat in early trading

Posted on September 13, 2017 at 10:05 am GMT

In Asian equities, the Nikkei 225 managed to finish the day higher by a bit less than 0.5%. This is the third straight day that the Japanese benchmark has finished in the green, though its gains were limited relative to the more than 1% added in each of the two preceding days. The Topix, which more broadly gauges Japanese equity performance, closed 0.6% higher, again not managing to match performance from earlier in the week. Hong Kong’s Hang Seng was [..]

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Stock Market News (US Open) –Europe broadly in the green, except UK; Wall Street gains; eyes on Apple’s iPhone

Posted on September 12, 2017 at 2:17 pm GMT

Barring the FTSE 100, all other major European indices remained in the green as trading progressed. The pan-European Stoxx 600 was last up by 0.6%, trading not far below the one-month high that was posted earlier today and looking poised to record its fifth consecutive daily rise. The FTSE 100 was last trading by a bit less than 0.3% lower on the day, while the DAX and the CAC 40 were up by 0.6% and 0.8% respectively. The UK’s blue-chip [..]

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Stock Market News (European Open) – Global equities extend gains; financials lead rise in Stoxx 600

Posted on September 12, 2017 at 9:52 am GMT

As concerns over Hurricane Irma and tensions in the Korean peninsula are abating, investors’ appetite for risk is further boosted, pushing global equities higher. The UN Security Council did approve a proposal to impose further sanctions on North Korea, though those were softer in nature to the ones the US initially pushed forward. This development is spurring hopes that the opposing sides will, moving forward, opt to negotiate rather than engage in provocative actions against one another. In Asia, the [..]

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Stock Market News (US Open) – European insurers remain in deep gains; US opens comfortably in the green

Posted on September 11, 2017 at 2:13 pm GMT

As the European session was nearing completion, major indices in the continent remained in the green. The Stoxx 600, a broad gauge of European equities, was last 0.9% up on the day and close to the day’s peak, which constituted a near one-month high. All industry sectors within the index were trading higher. Turning to other closely watched indices in Europe, the FTSE 100 was 0.2% up, while the DAX and CAC 40 were both trading higher on the day [..]

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Stock Market News (European Open) – Global equities rally; UN Security Council to vote on N. Korea

Posted on September 11, 2017 at 9:53 am GMT

Stock markets are on a positive footing in today’s trading with hefty gains being posted by major indices around the world. North Korea did not proceed with a missile launch, as reports had suggested, when the country celebrated its founding day on Saturday, while Hurricane Irma, despite having quite a negative impact on the US, it still wasn’t as devastating when it hit the country over the weekend as was initially feared. Both these developments are spurring traders’ appetite for [..]

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Stock Market News (US Open) – European stocks reverse losses; Wall Street main indices mixed

Posted on September 8, 2017 at 2:11 pm GMT

As Friday’s trading progressed, most indices in Europe reversed earlier losses, with some even trading in the green not long before European markets close for the weekend. The Stoxx 600, a broader gauge of European equities, was last up on the margin. This compares with the 0.4% fall that was recorded in the morning when the index was at its lowest. The closely watched FTSE 100 was last 0.5% down. It’s been a bad week for the UK’s blue-chip index, [..]

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Stock Market News (European Open) – Europe broadly down after ECB; futures project lower open on Wall Street

Posted on September 8, 2017 at 9:30 am GMT

With the close of Asian markets, Japan’s Nikkei 225 and Topix indices were down by 0.6% and 0.3% respectively. The former managed to close in the green only once this week, specifically yesterday when it rose by 0.2%. Australia’s S&P/ASX 200 was 0.3% lower. The Shanghai Composite was flat with Hong Kong’s Hang Seng a notable gainer, rising by 0.5%. North Korea will tomorrow celebrate its founding day and the possibility of another missile test is likely to have weighed [..]

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Stock Market News (US Open) – European shares lifted by ECB but modest start for US stocks

Posted on September 7, 2017 at 1:47 pm GMT

Major indices in Europe all turned positive by mid-morning after a mixed start to the trading day. Shares got a further lift after the European Central Bank kept policy unchanged at its meeting today. Germany’s DAX was the biggest gainer, rising by 1% by midday, while the French CAC 40 was up 0.7%. London’s FTSE 100 was up by a less 0.5% as mining stocks weighed on the index. The pan-European STOXX 600 index also trailed other indices to stand [..]

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