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...
Japan stocks were higher after the close on Tuesday, as gains in the Real Estate, Banking and Textile sectors led shares higher. At the close in Tokyo, the Nikkei 225 rose 0.35%. The best performers of the session on the Nikkei 225 were Isetan Mitsukoshi Holdings Ltd. (TYO:3099), which rose 5.93% or 149.50 points to trade at 2,670.00 at the close. Meanwhile, Kirin Holdings Co., Ltd. (TYO:2503) added 5.38% or 116.50 points to end at 2,280.00 and Mitsui Mining and Smelting Co. (TYO:5706) was up 4.80% or 490.00 points to 10,705.00 in late trade. The worst performers of the session were...
The Hang Seng Index opened down by 29 points, or 0.11%, settling at 25,587 points. The Enterprise Index also declined, falling by 9 points or 0.11% to 9,111 points. Meanwhile, the Technology Index experienced a slight drop of 6 points, or 0.1%, bringing it to 5,792 points. In the technology sector, stock performances varied. Tencent saw a modest increase of 0.1%, while Alibaba gained 2%. Conversely, Meituan experienced a decline of 1.2%. Xiaomi Group rose by 0.1%, but JD.com and Kuaishou both dropped by 0.3%. In the financial sector, stocks exhibited mixed results. HSBC Holdings rose by...
The Nikkei 225 Index rose 0.4% to around 42,350, while the broader Topix Index added 0.3% to 3,072 on Tuesday, with Japanese shares snapping a two-day losing streak as risk sentiment improved. Investors weighed the global trade outlook after a US federal appeals court ruled that most of President Donald Trump's tariffs were unlawful, giving the administration until October 14 to appeal to the US Supreme Court. Domestically, attention turned to upcoming wage data that could shape monetary policy direction. Bank of Japan Governor Kazuo Ueda recently said wages are set to rise further amid a...
Asia-Pacific markets mostly rose investors assessed the Shanghai Cooperation Organization meeting of leaders in Tianjin, with tariff uncertainty weighing on sentiment. This comes after a U.S. federal appeals court on Friday ruled that most of President Donald Trump's global tariffs are illegal. Japan's Nikkei 225 rose 0.31%, while the broader Topix index added 0.28%. Over in South Korea, the Kospi index increased by 0.45%, while the small-cap Kosdaq moved up 0.14%. The country's consumer price index rose 1.7% in August from the year before, after increasing by 2.1% the month before. This...
European shares finished marginally higher on Monday, supported by defence stocks, while Novo Nordisk gained after data showed its weight-loss drug Wegovy delivers stronger heart-protective benefits than Eli Lilly's rival therapies. The pan-European STOXX 600 closed up 0.17% at 551.07, with gains led by the aerospace and defence index, which surged 2.1% to hover near a record high. Defence giants, Rolls-Royce Holdings, Rheinmetall and Hensoldt advanced between 2.8% and 4.5%. Gains followed a Financial Times report that European Commission President Ursula von der Leyen said Europe was...
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,...