European stocks closed slightly lower on Tuesday after reaching record peaks on the previous session on mixed earnings results, while markets continued to assess the outlook on global trade and European rates. The STOXX 50 inched down by 5,701 and the STOXX 600 lost 03% to 576. Pharmaceutical companies led the losses in the session with a 4.3% slump for Novartis after the Swiss giant posted softer earnings than expected. Roche and Novo Nordisk both fell 2.5% In the meantime, BNP Paribas fell 3.5%, also on an earnings miss. On the other hand, HSBC jumped 4.4% after raising its 2025...
Wall Street's main indexes opened at record highs on Tuesday after upbeat forecasts from companies such as UnitedHealth and UPS, while Apple (AAPL.O), opens new tab topped $4 trillion in market value for the first time, boosted by strong demand for its latest iPhone models. The Dow Jones Industrial Average (.DJI), opens new tab rose 207.8 points, or 0.44%, at the open to 47,752.35. The S&P 500 (.SPX), opens new tab rose 22.6 points, or 0.33%, at the open to 6,897.74, while the Nasdaq Composite (.IXIC), opens new tab rose 129.0 points, or 0.55%, to 23,766.463 at the opening...
The Hang Seng fell 87 points, or 0.3%, to finish at 26,346 on Tuesday, reversing three consecutive sessions of gains as U.S. futures pointed to a lower open on Wall Street following Monday's rally. Mainland stocks also eased after six straight sessions of strength, retreating from a decade high ahead of official October PMI data and amid growing doubts over the durability of the recent easing in U.S.-China trade tensions. Hong Kong's consumer and tech sectors weighed on the index, with steep losses from Zijin Gold Intl. (-4.5%), Anta Sports (-4.2%), China Hongqiao Group (-3.7%), and Xiaomi...
The European session on Tuesday, October 28, 2025, opened on a more cautious note. After consecutive rallies and a new record on the STOXX 600 earlier this week, markets are expected to move slightly lower/flat at the opening as investors begin to exercise restraint. The focus now is no longer simply the euphoria of the US-China trade truce, but also its impact on central bank policy and corporate earnings. Market participants await clarity from the Fed (which is expected to cut interest rates again this week), as well as the ECB's decision and the Bank of Japan's direction, while assessing...
The Nikkei 225 closed down around 0.2% on Tuesday, October 28, 2025, after breaking a historic record the previous day, closing above 50,000 for the first time at 50,512.32. Investors appeared to be taking profits after a sharp rally fueled by the euphoria surrounding fiscal stimulus under new Prime Minister Sanae Takaichi, who arrived with promises of large spending, defense support, and signals of close ties with Washington. Selling pressure also emerged as the market awaited Takaichi's face-to-face meeting with US President Donald Trump in Tokyo before Trump meets with Xi Jinping, which...