European stocks closed slightly higher Monday, buoyed by positive sentiment stateside. The pan-European Stoxx 600 ended 0.14% higher, with most sectors and major bourses in the green. Household goods and mining stocks led gains, both adding 1.21%, while oil and gas stocks fell 1%. Source: CNBC
U.S. stocks rise as investors greet the appointment of Scott Bessent to lead the Treasury Department, on hopes he could blunt some potentially inflationary policies. Super Micro Computer adds 16% to a winning streak started when it cleared a regulatory issue with Nasdaq and rose 78% last week. Bath & Body Works rises 17% after the retailer beats earnings forecasts and raises its guidance. Treasury yields and the dollar decline, ahead of a heavy flow of data before Thanksgiving. The DJIA gains 440 points, or 1%, to 44737, its 45th record this year. The S&P and Nasdaq rise slightly,...
Asia-Pacific markets fell on Tuesday, failing to track gains on Wall Street as US benchmarks hit record highs following President-elect Donald Trump's choice for Treasury secretary. Australia's S&P/ASX 200 traded 0.28% lower, after hitting an all-time closing high on Monday. Japan's Nikkei 225 fell 0.82%, while the Topix fell 0.64%. Japan's services PPI rose 2.9% year-on-year, compared with a 2.8% gain the previous month. The Kospi fell 0.40% in the first hour of trading. Hong Kong's Hang Seng index futures were at 19,245, up from the HSI's last close of 19,150.99. Traders in...