European stocks closed slightly higher on Tuesday, with the Stoxx 50 gaining 0.5% and the broader Stoxx 600 edging up 0.1% as global markets awaited the US presidential election outcome.
Industrial stocks rose by 1.2%, while the autos sector fell 1.87%. Shares of Hugo Boss dropped 4.5% despite a better-than-expected Q3 operating profit, due to concerns over declining sales in the Asia-Pacific region amid China's economic slowdown. Schroders shares also plunged 13.4% following its latest trading update.
Investors are closely monitoring which party will control Congress, as a Republican or Democratic sweep could drive substantial shifts in spending and tax policies.
Source: Trading Economics
European equities edged lower on Wednesday as investors adopted a cautious stance ahead of the Federal Reserve's policy decision, limiting risk taking across regional markets. The STOXX 50 fell 0.3%,...
European shares inched lower on Wednesday, as investors refrained from placing big bets ahead of the U.S. Federal Reserve's interest rate decision, while also parsing through a slate of corporate upda...
Asian stock markets moved up slightly at the start of Wednesday's session, after Wall Street's sluggish overnight close, closing almost flat. Benchmark indexes in Australia and Japan rose slightly, wh...
The S&P 500 closed lower Tuesday as Federal Reserve kicked off its two-day meeting, which is expected to culminate in third rate cut for the year. At 4:0 ET p.m. (21:00 GMT), the Dow Jones Indust...
European stocks closed slightly lower on Tuesday, with the STOXX 50 slipping 0.1% and the broader STOXX 600 finishing near the flat line, as traders refrained from making large moves ahead of the Fede...
Federal Reserve Chairman Jerome Powell attributed the surge in inflation above the 2% target to the import tariffs imposed by President Donald Trump. In a press conference following the FOMC meeting, Powell explained that much of the current...
The Federal Reserve on Wednesday said that it would start buying short-dated government bonds to help manage market liquidity levels to ensure the central bank retains firm control over its interest rate target system. The technically oriented...
European equities edged lower on Wednesday as investors adopted a cautious stance ahead of the Federal Reserve's policy decision, limiting risk taking across regional markets. The STOXX 50 fell 0.3%, while the STOXX 600 was little changed,...
The Job Openings and Labor Turnover Survey (JOLTS) will be released on Tuesday by the U.S. Bureau of Labor Statistics. Due to the prolonged...
The latest survey data from the US Bureau of Labor Statistics has reported an increase in JOLTs Job Openings, a key indicator of the health of the...
Asian stock markets started the week cautiously. The MSCI Asia Index fell slightly by 0.1%, in line with weakening US index futures. Australia also...
European stocks weakened at the opening bell on Monday (December 8th) as global investors focused on this week's US Federal Reserve monetary policy...