Hamas officials were in Egypt on Monday (October 6th) ahead of talks with Israel that the US hopes will lead to an end to the war in Gaza and the release of hostages, despite contentious issues such as the disarmament of Palestinian militant groups under Donald Trump's plan. Israeli negotiators were also scheduled to travel to the Egyptian Red Sea resort of Sharm el-Sheikh later in the day to discuss the hostages' release, part of the US president's 20-point blueprint for ending the two-year conflict. The Israeli delegation includes officials from the Mossad and Shin Bet intelligence...
U.S. stocks moved higher on Friday as Wall Street tried to shake off a volatile start to the new year. The S&P 500 rose 1.2%, and the Dow Jones Industrial Average advanced 319 points, or about 0.9%. The Nasdaq Composite gained about 1.6%. Tech stocks were a bright spot for the market on Friday. Chip giant Nvidia climbed 4%, while server maker Super Micro Computer jumped 6%. Tesla rose 4% to lead the consumer discretionary group. Friday's move came off a choppy trading session on Thursday that saw stocks close lower after a morning rally. The S&P 500 and Nasdaq have fallen for five...
European markets were lower on Friday after a rocky start to 2025 for stocks around the world. The Stoxx 600 was down 0.44% by 3:11 p.m. London time, with major regional bourses and sectors mostly trading in negative territory. Autos stocks led losses, down 1.97% as they extended Thursday's decline, while travel and leisure stocks shed 1.7%. One of the few sectors to rise was financial services stocks, which were last seen 0.46% higher. Oil and gas stocks also rose over 1%, led by gains for Finnish oil refiner Neste, which climbed 4.6% and was on course for its best week since October on...
The Hang Seng rose 137 points, or 0.7%, to close at 19,760 on Friday after plunging more than 2% in the previous session, boosted by gains in most sectors, including consumer, technology and property. The prospect of a rate cut from the People's Bank of China this year supported sentiment. In addition, traders welcomed the second round of a CNY55 billion swap facility operation by the Chinese central bank to support the country's stock market. Separately, China's top planning agency announced an expansion of consumer subsidies to cover smartphones and other electronics, aimed at boosting...
European markets were slightly lower as trading began on Friday after a rocky start to 2025 for stocks around the world. The pan-European Stoxx 600 fell 0.08% shortly after the market opened, with most sectors in negative territory. Mining stocks led the losses, down 0.86%, while financial services stocks rose 0.54% after a day in the red on Thursday. France's CAC 40 was last down 0.45%, while Germany's DAX fell 0.15%. Britain's FTSE 100 traded around the flatline. The Stoxx 600 closed higher on Thursday after a volatile first trading session of the year. Investors weighed regional and...
The Hong Kong stock market climbed 248 points or 1.2% to 19,838 in Friday morning trade, partly recovering from a slump of around 2% in the prior session, with gains across most sectors, particularly tech, consumers, and property. However, markets are on track to post a weekly decline, down around 1% so far, due to looming tariff threats from the incoming US administration under Donald Trump. Meanwhile, local data showed that retail sales in Hong Kong fell for the ninth consecutive month in November, shrinking by 8.3% yoy and deepening from October's 4.8% decline. Source : Trading Economics
Asia-Pacific markets traded higher, tracking Wall Street gains overnight.
Japan's benchmark Nikkei 225 rose 0.41% after hitting a fresh record high on Thursday, while the Topix added 0.61%. South...
Both the STOXX 50 and STOXX 600 hovered around the flatline on Friday, as investors adopted a cautious stance ahead of further developments in trade talks between US President Trump and Chinese...
Hamas officials were in Egypt on Monday (October 6th) ahead of talks with Israel that the US hopes will lead to an end to the war in Gaza and the release of hostages, despite contentious issues such...