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 European stock markets closed lower in Monday trading as The Stoxx Europe 600 lost 0.19%, Germany's DAX was down 0.33%, the FTSE 100 was off 0.14%, France's CAC 40 slid 0.67%, and the Swiss Market Index declined 0.10%. The seasonally-adjusted HCOB Flash Composite PMI Output Index, which gauges the health of European manufacturing remained unchanged at 50.2 in June from May and registered above the 50 threshold indicating expansion for a sixth straight month. However, the expansion of business activity continues to be marginal. In the UK, the S&P Global UK Consumer Sentiment Index...
US stocks were near the flatline on Monday as downplayed concerns that the US strike on Iran may have on energy markets and future conflict in the Middle East. The S&P 500, the Dow Jones, and the Nasdaq 100 were all close to the flatline. US forces struck Iranian nuclear infrastructure over the weekend after US President Trump had dismissed the possibility of an imminent attack. While the Iranian vowed aggressive retaliation and its parliament backed the blocking of the Strait of Hormuz, oil tankers so far continued to sail through the region and crude oil prices pared their increase,...
The Hang Seng Index rose for the second day, climbing 0.7%, or 158.65 to 23,689.13 in Hong Kong. Today, commerce and industry stocks led the market higher, as 3 of 4 sectors gained; 58 of 85 shares rose, while 23 fell. Meituan contributed the most to the index gain, increasing 2.2%. Li Auto Inc. had the largest increase, rising 5.5%. Source: Bloomberg
The STOXX 50 fell 0.6% and the STOXX 600 fell 0.4% on Monday, reflecting a slight flight to safety as tensions in the Middle East escalated. Market sentiment was shaken after the US became more involved in the Israeli conflict, launching an attack on Iran over the weekend. Despite the heightened geopolitical risks, the market reaction was less severe than anticipated, with traders awaiting Iran's response and hoping the conflict could be resolved. The main concern remains the potential closure of the Strait of Hormuz, which could significantly disrupt oil markets. Meanwhile, flash PMIs...
Japanese stocks fell after the close on Monday (6/23), as losses in the Paper & Pulp, Transportation and Communications sectors led shares lower. At the close in Tokyo, the Nikkei 225 was down 0.01%. The best performers on the Nikkei 225 were Chugai Pharmaceutical Co., Ltd. (TYO:4519), which rose 4.47% or 321.00 points to trade at 7,510.00 at the close. Meanwhile, Sapporo Holdings Ltd. (TYO:2501) rose 4.38% or 315.00 points to close at 7,500.00 and Bandai Namco Holdings Inc. (TYO:7832) gained 2.17% or 106.00 points to 5,000.00 in late trade. The worst performers on the session were...
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,...