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...
Hong Kong's stock market ended higher Wednesday with the benchmark Hang Seng Index up 1.62 percent to close at 25,538.07 points. The Hang Seng China Enterprises Index rose 1.82 percent to end at 9,241.2 points, and the Hang Seng Tech Index rose 2.48 percent to end at 5,745.74 points. Source : CTX
European stocks rose on Wednesday for the first time in three sessions, with the STOXX 50 climbing 1% and the STOXX 600 up 0.9%, as a trade agreement between the US and Japan sparked hopes for further deals and reduced tariffs. President Trump said that Japan had agreed to a 15% tariff on its exports to the US, alongside a commitment to invest $550 billion into the US and open its markets to key American goods. The US President also said that representatives from the European Union were coming for trade negotiations today. Megacaps were mostly higher, including ASML Holding (1.4%), Nestle...
The Nikkei 225 rallied 3.51% to close at 41,171 while the broader Topix Index jumped 3.18% to 2,926 on Wednesday, with Japanese shares hitting one-year highs after US President Donald Trump announced a trade agreement with Japan that includes a 15% tariff on Japanese exports to the US. Trump also revealed that Japan will invest $550 billion into the US and open its markets to key American goods. The news sparked broad-based gains, led by Japanese automakers. Toyota Motor jumped 14.3%, Honda Motor rose 11.2%, and Nissan Motor climbed 8.3%. Financials, industrials, and consumer stocks also...
The Hang Seng Index opened 218 points, or 0.87%, higher on Wednesday, reaching 25,348 points. The China Enterprises Index also rose by 80 points, or 0.89%, to 9,156 points, while the Hang Seng Tech Index climbed 69 points, or 1.23%, to 5,675 points. Major technology stocks saw gains across the board. Meituan and Trip.com Group both surged 1.55%, Kuaishou rose 1.24%, Alibaba gained 0.85%, Tencent added 0.76%, and Xiaomi increased by 0.69%. Source: Dimsumdaily
The Nikkei 225 and Topix indexes rallied nearly 2% on Wednesday, with the latter reaching one-year highs after US President Donald Trump announced a trade agreement with Japan that includes a 15% tariff on Japanese exports to the US. Trump also revealed that Japan will invest $550 billion into the US and open its markets to key American goods. The news sparked broad-based gains, led by Japanese automakers. Toyota Motor jumped 9.8%, Honda Motor rose 8.8%, and Nissan Motor climbed 9%. Financials, industrials, and consumer stocks also posted strong advances, reflecting optimism over improved...
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,...