Both the STOXX 50 and STOXX 600 slipped 0.2% on Wednesday, retreating from nearly two-month highs reached the previous day, as traders awaited new catalysts amid concerns over stalled trade talks, weak economic data, and corporate earnings.
Markets are closely watching the ongoing G7 finance ministers' meeting for any signals that a weaker dollar could support progress in trade negotiations. In the UK, inflation rose to 3.5%, prompting investors to scale back expectations for Bank of England rate cuts.
On the corporate front, JD Sports shares plunged over 7% after reporting a 2% drop in underlying sales. Julius Baer fell 5.5% following news of a CHF 130 million writedown and Marks & Spencer lost more than 3% after revealing a recent cyberattack could result in a £300 million hit to operating profit.
In contrast, Infineon gained 1.6% after announcing a collaboration with Nvidia to develop new power delivery architecture for AI data centers.
Source: Trading Economics
Asian stocks slipped at the open on Friday (November 7), following a choppy session on Wall Street. The MSCI Asia Pacific Index fell about 0.2%, led by losses in Japan, while South Korea and Australia...
European stocks closed sharply lower on Thursday after a brief uptick the previous day as investors weighed a fresh round of mixed corporate earnings and signs of higher unemployment in the US. The ST...
Strong evidence of a cooling US labor market rippled through Wall Street, spurring a rally in bonds as traders boosted their bets the Federal Reserve will cut rates in De...
European stocks opened lower on Thursday, as investors reacted to another flurry of corporate earnings. The pan-European Stoxx 600 was 0.3% lower 20 minutes into the session, with most sectors and ma...
Asian markets opened higher, following Wall Street's rebound. The Nikkei and Kospi jumped around 1% at the open, while US stock futures fluctuated after the Nasdaq 100 rose 0.7% and the S&P 500 ga...
Gold prices approached $4,000/oz on Friday (November 7th) after weak US jobs data reinforced expectations of an imminent Fed rate cut. Challenger job cuts nearly tripled in October—the largest increase in more than two decades—dampening optimism...
Hong Kong stocks fell 197 points, or 0.8%, to 26,282 in Friday's morning session, retreating after their biggest one-day gain since mid-August amid caution ahead of China's October trade data. Exports are expected to slow sharply after months of...
The Trump administration suspended docking fees for Chinese-built ships as part of a "trade truce" last month. The move has drawn criticism for weakening U.S. efforts to protect port access—so-called privileges—and increasing supply chain...
Asia-Pacific markets declined on Wednesday, following a decline on Wall Street, which was driven by concerns about the valuations of artificial...
The Institute for Supply Management (ISM) is scheduled to release its October Services Purchasing Managers' Index (PMI) on Wednesday. The report, a...
World markets kicked off November in an upbeat mood, riffing off buoyant company earnings and calmer trade relations while batting away OPEC's...
The ISM Services PMI rose to 52.4 in October 2025 from 50 in September, beating forecasts of 50.8, pointing to the strongest expansion in the...