The S&P 500 rose 0.4% on Friday (July 25), notching its fifth consecutive record close—its longest streak in more than a year—while the Nasdaq 100 gained 0.2% after hitting an intraday high. The Dow Jones Industrial Average gained 208 points as investors digested a wave of trade developments and corporate earnings. Optimism surrounding trade talks contributed to the rally, with President Trump scheduled to meet with European Commission President Ursula von der Leyen on Sunday amid hopes of a US-EU deal. Deals were also reached with Japan, Indonesia, and the Philippines ahead of the...
The Hang Seng fell 70 points, or 0.3%, to close at 23,718 on Thursday, retreating from a rally in the previous session as declines in the technology and consumer staples weighed on sentiment. The index fell from its highest level in more than three years, with the AI-driven tech boom, driven by startup DeepSeek, taking a breather after Nvidia's earnings. Geopolitical concerns also weighed on the market after China launched military drills near Taiwan. Meanwhile, investors awaited official February PMI data from the mainland, with expectations that the Lunar New Year holiday may have slowed...
Japan stocks were higher after the close on Thursday, as gains in the Marine Transport, Trading and Pharmaceutical Industry sectors led shares higher At the close in Tokyo, the Nikkei 225 added 0.30%. The best performers of the session on the Nikkei 225 were Sompo Holdings Inc (TYO:8630), which rose 5.00% or 215.00 points to trade at 4,519.00 at the close. Meanwhile, Fujikura Ltd. (TYO:5803) added 4.81% or 304.00 points to end at 6,625.00 and Itochu Corp. (TYO:8001) was up 4.34% or 282.00 points to 6,774.00 in late trade. The worst performers of the session were Seven & i Holdings...
Hang Seng Index opened down by four points, or 0.01%, settling at 23,783 points. In contrast, the National Enterprises Index rose by three points, or 0.03%, to reach 8,795 points, while the Technology Index gained ten points, or 0.16%, reaching 5,963 points.In the technology sector, stocks exhibited mixed results. Tencent and Alibaba each advanced by 0.4%, while Meituan and Xiaomi Group both increased by 0.5%. However, JD.com and Kuaishou faced declines, falling by 0.8% and 0.3%, respectively. Financial stocks remained stable, with HSBC Holdings and AIA both rising by 0.3%, and Ping An...
The Nikkei 225 Index rose 0.6% to above 38,300 while the broader Topix Index gained 0.5% to 2,730 on Thursday, with Japanese shares snapping a two-day losing streak and tracking gains in key Wall Street indexes. These moves came after US President Donald Trump raised hopes of another one-month tariff pause on imports from Mexico and Canada, while also proposing 25% tariffs on European autos and other goods. Investors also took in Nvidia's earnings report, which highlighted strong demand for chips in the growing artificial intelligence sector. In Japan, Seven & I Holdings saw a sharp...
All three U.S. indexes erased earlier gains on Wednesday, extending their losses from the previous session as investors grappled with trade policy uncertainty and awaited Nvidia's earnings. The S&P 500 fell 0.1%, heading for its fifth straight decline, while the Nasdaq 100 dropped 0.2%. The Dow Jones Industrial Average fell more than 200 points amid concerns about new tariffs after President Trump announced a 25% levy on European autos and confirmed tariffs on Mexico and Canada that will take effect on April 2. Nvidia shares rose more than 2% ahead of its highly anticipated earnings...