If it just seems like the first Friday of the month wasn't the same without being able to pore through the Bureau of Labor Statistics' hotly watched monthly jobs report, don't worry. You probably didn't miss much. While the BLS has gone dark with the shutdown in Washington, other reports outside the government data suggest the labor market just plodded along in September. The Dow Jones consensus forecast was for growth of 51,000 in nonfarm payrolls with the unemployment rate holding steady at 4.3%. High-frequency data that includes job postings, private payrolls and state-by-state figures...
The Hang Seng Index rose for the second day, climbing 0.3%, or 61.09 to 20,567.52 in Hong Kong. Alibaba Group Holding Ltd. contributed the most to the index gain, increasing 1.1%. Trip.com Group Ltd. had the largest increase, rising 4.8%. Today, 48 of 82 shares rose, while 26 fell; all sectors were higher, led by commerce and industry stocks. Source : Bloomberg
European markets are expected to start the week on a mostly positive note Monday, with all eyes on Tuesday's presidential election in the U.S. The U.K.'s FTSE 100 index is expected to open 4 points lower at 8,173, Germany's DAX up 11 points at 19,261, France's CAC up 2 points at 7,415 and Italy's FTSE MIB up 74 points at 34,507, according to data from IG. Earnings are set to come from BioNTech and Ryanair and data releases include European manufacturing purchasing managers' index data. Global markets are gearing up for a historic week, with the highly anticipated U.S. presidential election...
Hong Kong's stocks rose 51 points, or 0.25%, to 20,557 in early trade on Monday, up for the second session after the Saudi sovereign wealth fund announced last Friday a USD 1 billion financial commitment on the final day of the 2024 FII summit. China's parliament is set to begin its meeting today, with expectations to announce more details on fiscal stimulus measures when the meeting concludes on Friday. Source : Trading Economicsmuannya hari ini, dengan harapan untuk mengumumkan rincian lebih lanjut tentang langkah-langkah stimulus fiskal saat pertemuan berakhir pada hari Jumat....
Stocks rallied Friday to kick off November as Amazon led big technology stocks into the green and traders looked past a disappointing jobs report. The Dow Jones Industrial Average gained 288.73 points, or 0.69%, ending at 42,052.19. The S&P 500 advanced 0.41% to close at 5,728.80, and the Nasdaq Composite rose 0.8% to 18,239.92. Amazon rallied 6.2% as strength in the cloud and advertising businesses propelled the ecommerce giant above Wall Street's earnings expectations. Intel popped 7.8% after exceeding analysts' forecasts for revenue and offering strong guidance. The two stocks...
The European stock markets closed out a rough week sharply higher in Friday trading as The Stoxx Europe climbed 1.31%, the Swiss Market Index surged 1.63%, France's CAC rose 1.09%, the FTSE in London gained 1.07%, and Germany's DAX closed 1.10% higher. In the UK, the seasonally adjusted S&P Global UK Manufacturing Purchasing Managers' Index fell to 49.9 in October from 51.5 in September, slipping into contraction territory for the first time since April. S&P attributed the decline in large part to a lack of consumer confidence and an economic slowdown. Meanwhile, UK house prices...
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...
The U.S. government shut down much of its operations on Wednesday as deep partisan divisions prevented Congress and the White House from reaching a funding deal, setting off what could be a long,...