Stocks ended higher in thin trade Friday, getting a lift from positive news on a coronavirus treatment. The Dow Jones Industrial Average rose around 369 points, or 1.4%, to end near 26,075, according to preliminary figures, while the S&P 500 advanced around 33 points, or 1%, to end near 3,185. The tech heavy Nasdaq Composite rose nearly 70 points, or 0.7%, to end near 10,617, marking its third consecutive record close. Stocks shed premarket weakness after drug maker Gilead Sciences Inc. released potentially promising data about remdesivir that indicates the experimental COVID-19 drug...
Tokyo's benchmark Nikkei index closed higher Thursday on US rallies, but early gains were partially erased following reports that the number of new coronavirus cases in Tokyo hit a single-day record. The Nikkei 225 index rose 0.40 percent, or 90.64 points, to 22,529.29, but the broader Topix index was flat -- up 0.01 point -- at 1,557.24. Source : AFP
Hong Kong shares finished Thursday's morning session on a positive note, in line with a broad advance across Asia and following another record lead from Wall Street. The Hang Seng Index rose 0.47 percent, or 123.18 points, to 26,252.36. Source : AFP
Hong Kong stocks started Thursday morning with healthy gains following another record-breaking performance on Wall Street. The Hang Seng Index rose 0.85 percent, or 221.95 points, to 26,351.13. The benchmark Shanghai Composite Index ticked 0.04 points up to 3403.48, while the Shenzhen Composite Index on China's second exchange inched down 0.17 points to 2,198.45. Source : AFP
Tokyo's key Nikkei index opened slightly higher on Thursday as investors took heart from rallies on Wall Street but trade was subdued with a lack of fresh market-moving events. The benchmark Nikkei 225 index edged up 0.30 percent or 66.48 points to 22,505.13 in early trade, while the broader Topix index was flat -- down just 0.07 points at 1,557.16. Source : AFP
U.S stocks rose on Wednesday and Nasdaq hit a record closing high, supported by technology shares as early signs of an economic rebound offset concern about further lockdowns due to a jump in coronavirus cases across the country. Apple Inc and Microsoft Corp provided the biggest boost to the S&P 500. Unofficially, the Dow Jones Industrial Average rose 177.44 points, or 0.69%, to 26,067.62, the S&P 500 gained 24.72 points, or 0.79%, to 3,170.04 and the Nasdaq Composite added 148.61 points, or 1.44%, to 10,492.50. Source : Reuters