Wall Street opened lower on Tuesday following a mixed bag of quarterly earnings from U.S. lenders and simmering tensions between Washington and Beijing, while new coronavirus restrictions in California hit tech stocks for a second straight day. The Dow Jones Industrial Average fell 41.63 points, or 0.16%, at the open to 26,044.17. The S&P 500 opened lower by 14.11 points, or 0.45%, at 3,141.11, while the Nasdaq Composite dropped 80.59 points, or 0.78%, to 10,310.25 at the opening bell. Source : Reuters
U.S. stock futures were higher in early morning trade and pointed to a positive open on Tuesday, as investors eye earnings reports from some of the nations largest banks. Dow futures rose 90 points, while futures contracts for the S&P 500 and Nasdaq 100 also traded in positive territory. On Monday, the Dow Jones Industrial Average gave up a 500-point gain to end the day up 10 points. The S&P 500 ended the day down 0.95%, having earlier rallied 1% to briefly trade positive for the year. Monday marked the first time since early June that the S&P 500 traded positive year to...
Hong Kong shares finished more than one percent lower Tuesday, in line with an Asian retreat, as traders fret over the reimposition of containment measures in several countries as the virus flares up again. The Hang Seng Index shed 1.14 percent, or 294.23 points, to 25,477.89. The benchmark Shanghai Composite Index fell 0.83 percent, or 28.67 points, to 3,414.62 while the Shenzhen Composite Index on China's second exchange slipped 0.85 percent, or 19.83 points, to 2,309.57. Source : AFP
European stocks opened lower Tuesday as a spike in coronavirus cases starts to weigh on global market sentiment. The pan-European Stoxx 600 dropped 1.1% at the start of trading, with tech stocks shedding 2.2% to lead losses as all sectors and major bourses slid into negative territory. European markets look set to follow their global counterparts lower Tuesday with virus cases spike in a number of countries around the world. On Monday, World Health Organization Director-General Tedros Adhanom Ghebreyesus warned that œtoo many countries are headed in the wrong direction. Source: CNBC
Tokyo stocks closed lower Tuesday on profit-taking as sentiment worsened after rallies fizzled on Wall Street due to fresh worries over the coronavirus and renewed US-China tensions. The benchmark Nikkei 225 index was down 0.87 percent, or 197.73 points, at 22,587.01, while the broader Topix index slipped 0.50 percent, or 7.87 points, to 1,565.15. Sumber : AFP
Hong Kong shares opened lower Tuesday after the city joined several countries in reimposing containment measures as the virus sees a resurgence, fuelling worries about the economic recovery. The Hang Seng Index slipped 0.42 percent, or 108.96 points, to 25,663.16. The benchmark Shanghai Composite Index fell 0.24 percent, or 8.26 points, to 3,435.02, while the Shenzhen Composite Index on China's second exchange eased 0.09 percent, or 2.06 points, to 2,327.34. Source: AFP