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Stock Market News (European Open) – World equities trend lower on geopolitical turmoil; disappointing results weigh

Posted on August 10, 2017 at 9:08 am GMT

Geopolitical tensions continued to weigh on global equity markets as all major European bourses followed their Asian peers into the red zone. Investors’ concerns over the US-North Korea turmoil induced a fall in the Hang Seng index (down 1.06%), the Australian S&P/ASX 200 (down 0.1%) and the Shanghai Composite (0.42% down). European equity indices all traded lower early in the session. The pan-European STOXX 600 index was down 0.30% while the blue chip STOXX 500 was 0.38% lower. Britain’s FTSE 100 fared the worst, falling 0.59% as heavily weighted stocks such [..]

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Stock Market New (US Open) – European and US shares extend losses as North Korea weighs

Posted on August 9, 2017 at 2:30 pm GMT

Major European bourses fell deeper into the red during the course of the day and ahead of the US open. Market sentiment remained risk-off followed the heightened geopolitical tensions in the Korean peninsula, while the incident earlier today involving a car deliberately running over a group of soldiers in a Paris suburb also weighed on equities. US stocks looked set to extend yesterday’s losses, with the Dow Jones opening 0.2% lower, the S&P 500 by 0.5% and the NASDAQ Composite [..]

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Stock Market News (European Open) – Utilities halt weakness in European stocks, Asian trading ends on mixed note

Posted on August 8, 2017 at 9:01 am GMT

European stocks, as measured by the pan-European STOXX 600 index, posted a modest gain during early hours of trading, halting losses from the start of the week. A jump in the utilities sector offset losses among basic materials stocks. Major bourses in Asia ended their trading day with mixed results. The Nikkei 225 index was down 0.30% while the Hang Seng rose 0.57% led by a surge in the share price of Geely Automobile (up 6.7%). The pan-European STOXX 600 index [..]

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Stock Market News – European shares retrace morning gains, strength in US equity market unfolds

Posted on August 7, 2017 at 1:46 pm GMT

As the European session progressed many of the equity bourses on the old continent gave up on their early gains. The pan-European benchmark STOXX 600 index fell a quarter-of-a-percent, while the Germany’s DAX was the worst performing country index, down 0.47%. By contrast, the stock market in the US opened higher with the NASDAQ gaining the most, up 0.15%. Mining and energy stocks drove some early gains for the European bourses, led by the FTSE 100 index, on a rally [..]

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Stock Market News – FTSE 100 gains following pound plunge, US markets open broadly flat as Tesla powers ahead

Posted on August 3, 2017 at 2:09 pm GMT

Both the pan-European STOXX 600 and the blue chip STOXX 50 index rose 0.20% ahead of the US open with the healthcare and consumer non-cyclical sectors leading the gainers. However, a plunge in the energy sector eased the gains elsewhere. In the US, the three major indices opened broadly flat. The FTSE 100 index outperformed other major indices in Europe as it rose 0.90% ahead of the US open, amid the weakness in sterling. The pound hit a nine-month low against the [..]

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Stock Market News – Dow eyes 22,000; European indices gain across the board

Posted on August 1, 2017 at 2:15 pm GMT

The Dow Jones Industrial Average hit yet another record closing high during yesterday’s trading, finishing the day 0.3% higher at 21,891.12. The index containing 30 blue chip stocks was bolstered by a string of positive earnings reports and gains in Boeing’s stock price. Declines in tech giants Facebook and Google’s parent company Alphabet weighed on the S&P 500 and more notably on the tech-heavy Nasdaq Composite. The latter two closed yesterday’s trading 0.1% and 0.4% down respectively. Boeing’s stock price [..]

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Stock Market News – Dow, S&P and Nasdaq at record highs; healthcare acts as drag in Europe

Posted on July 27, 2017 at 1:28 pm GMT

All three major US stock indices reached record closing highs during yesterday’s trading, being boosted by significant advancing by Boeing and AT&T which delivered strongly in terms of profitability. In particular, the Dow Jones Industrial Average closed 0.5% up on the day at 21,711.01, the S&P 500 closed only marginally up at 2,477.83 and the Nasdaq Composite finished the day 0.2% higher at 6,422.75. Facebook’s share price hit a record high in premarket trading after the company performed much better [..]

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Stock Market News – European equities broadly gain; US indices set to maintain positive momentum

Posted on July 26, 2017 at 1:48 pm GMT

European stock markets were broadly heading higher in today’s trading. US indices such as the S&P 500 and Nasdaq Composite closed at fresh all-time highs yesterday with energy stocks and financials leading the gains, while the blue-chip Dow Jones Industrial Average came close to achieving the same feat. The energy sector was supported by developments in the OPEC/non-OPEC sphere to extend the period of crude production cuts, as well as Saudi Arabia’s pledge to reduce oil exports starting next month. [..]

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