US stocks rallied on Monday (July 21), with the S&P 500 and Nasdaq hitting new record highs as a strong start to the earnings season overshadowed concerns about impending tariffs. The Dow Jones Industrial Average rose more than 200 points, driven by solid gains in leading tech stocks like MetaTrader, Amazon, and Alphabet. So far, more than 85% of S&P 500 companies that have reported earnings have beaten expectations, fueling optimism despite rising market valuations. Verizon shares jumped more than 4% after its earnings beat expectations, while Block's surged more than 8% after news...
The Nikkei 225 Index dropped 0.8% to below 39,200 on Thursday, reversing some of the gains made in the previous session, as technology stocks faced pressure amid concerns that a sharp decline in the yen could prompt further intervention by Japanese authorities. Investors also remained focused on the broader economic implications of Donald Trump's US presidential election victory, both globally and for Japanese companies. In economic news, real wages in Japan slipped 0.1% in September, as consumer inflation accelerated to 2.9%, outpacing the 2.8% rise in nominal wages. Technology stocks led...
Stocks rallied sharply on Wednesday, with major benchmarks hitting record highs, as Donald Trump won the 2024 presidential election. The Dow Jones Industrial Average surged 1,508 points to a record high, or around 3.6%. The last time the blue-chip Dow jumped more than 1,000 points in a single day was in November 2022. The S&P 500 also hit an all-time high, popping 2.5%. The Nasdaq Composite climbed nearly 3% to a record of its own. NBC News projects that Trump will defeat his Democratic rival, Kamala Harris, after winning at least 291 Electoral College votes, including key swing states...
The Hang Seng Index fell 2.2% at 20,538.38 in Hong Kong. The move was the biggest since falling 3.7% on Oct. 15 and follows the previous session's increase of 2.1%. Alibaba Group Holding Ltd. contributed the most to the index decline, decreasing 4.1%. Shenzhou International Group Holdings Ltd. had the largest drop, falling 5.6%. Today, 76 of 82 shares fell, while 6 rose; all sectors were lower, led by commerce and industry stocks. Source : Bloomberg
European stocks fell on Wednesday as global markets focused on the vote count after the US presidential election. The UK's FTSE 100 Index is expected to open 8 points lower at 8,167, Germany's DAX is down 65 points at 19,189, France's CAC is down 22 points at 7,383 and Italy's FTSE MIB is down 134 points at 34,098, according to data from IG. Global markets are focused on results emerging from key battleground states that are expected to determine the winner of the presidential election between former President Donald Trump and Vice President Kamala Harris. NBC News has projected winners...
The Nikkei 225 rose 1.3% to 39,000, while the broader Topix Index gained 0.9% to 2,690 on Wednesday, extending gains from the previous session and mirroring a rally on Wall Street. Investors are closely watching the US presidential election, with early results showing Donald Trump holding a strong lead with 95 electoral votes, while Kamala Harris has secured 35 so far. On the domestic front, a private survey revealed that sentiment among Japanese manufacturers weakened in November, driven by concerns over weak Chinese demand and ongoing inflationary pressures. Investors now await the Bank...