Asia-Pacific markets traded lower as investors weigh recent trade developments. Asia markets started the trading day lower. Japan's benchmark Nikkei 225 fell 0.24%, while the Topix lost 0.55%. South Korea's Kospi was flat and the small-cap Kosdaq slipped 0.48%. Australia's S&P/ASX 200 lost 0.41%. Japan's benchmark Nikkei 225 was set to start the trading day lower, with the futures contract in Chicago at 41,740 and its counterpart in Osaka at 41,640, against the index's last close at 41,826.34. Futures for Hong Kong's Hang Seng index stood at 25,505, pointing to a weaker open...
European stocks closed slightly higher Monday, buoyed by positive sentiment stateside. The pan-European Stoxx 600 ended 0.14% higher, with most sectors and major bourses in the green. Household goods and mining stocks led gains, both adding 1.21%, while oil and gas stocks fell 1%. Source: CNBC
The Dow Jones Industrial Average and S&P 500 touched new records on Monday, kicking off the shortened trading week as investors cheered President-elect Donald Trump's choice for Treasury secretary. The blue-chip Dow traded 382 points, or 0.9%, higher, while the broad S&P 500 gained 0.4%. Both hit new all-time highs in the session. The Nasdaq Composite added 0.5%. Monday brought a broad market rally as investors cheered Trump's plan to nominate Key Square Group founder Scott Bessent as Treasury secretary. More than 4 out of 5 S&P 500 stocks traded higher in the session, and the...
U.S. stocks climbed Monday as investors cheered President-elect Donald Trump's choice for Treasury secretary ahead of a shortened Thanksgiving trading week. The Dow Jones Industrial Average traded 460 points higher, or 1%. The S&P 500 gained 0.8%, and the Nasdaq Composite climbed 1%. Monday brought a broad market rally as investors applauded Trump's plan to nominate Key Square Group founder Scott Bessent as Treasury secretary. More than 450 S&P 500 stocks traded higher in the session, while the small cap-focused Russell 2000 advanced more than 1.5%. Investors viewed the pick...
Hong Kong stock market ended lower on Monday with the benchmark Hang Seng Index down 0.41 percent to close at 19,150.99 points. The Hang Seng China Enterprises Index fell 0.36 percent to end at 6,862.2 points, and the Hang Seng Tech Index edged down 0.26 percent to 4,235.31 points. Source : CTX
The Shanghai Composite fell 0.11% to close at 3,264 while the Shenzhen Component lost 0.17% to 10,421 on Monday, hitting their lowest levels in over a month as the People's Bank of China decided to keep its one-year medium-term lending facility rate unchanged at 2%, offering no new catalyst for the market. Last week, Chinese stocks faced pressure due to growing concerns over the economy and skepticism about the effectiveness of stimulus measures. Additionally, downward earnings revisions from major Chinese companies dampened investor sentiment, while markets braced for the potential impact...