The European stock markets closed sharply lower in Friday trading as The Stoxx Europe 600 fell 1.8%, Germany's DAX dropped 2.5%, the FTSE 100 was down 0.7%, France's CAC decreased 2.9%, and the Swiss Market Index declined 0.8%. The annual inflation rate in the euro area was an estimated 2.0% in July, which is unchanged from June, according to a flash estimate from Eurostat, the EU's statistical office. Analysts had been expecting 1.9%, according to Bloomberg. Eurostat said food, alcohol, and tobacco are expected to have the highest annual rate in July at 3.3%, compared with 3.1% in...
European stocks were steady on Tuesday, shrugging off modest losses from the previous session, as investors stayed on edge awaiting fresh signals from the second day of tense U.S.-China trade negotiations. The continent-wide STOXX 600 held its ground at 553.12 points, as of 0703 GMT. The spotlight remains on the talks in London between the world's two biggest economies, as investors eagerly watch for any signs of progress or a thaw in relations. U.S. President Donald Trump on Monday put a positive spin on the talks, without divulging any details on how the trade war, that has threatened...
The Nikkei 225 index rose for a third day, as chip-related names were boosted by overnight gains in the US technology shares. The Topix index fluctuated during the day ahead of the US-China trade talks. Topix Index was virtually unchanged at 2,786.24 as of market close Tokyo time Nikkei advanced 0.3% to 38,211.51 The Philadelphia Semiconductor Stock Index, or SOX, climbed almost 2% overnight. That helped Tokyo-listed tech companies such as Taiyo Yuden, Rohm and Renesas Electronics. Exporters, such as the electric appliances sector, were helped...
Japanese stocks are higher as fears about U.S. tariffs ease. A weaker yen is also helping shares of exporters. Electronics stocks are leading gains. Renesas Electronics is up 3.7% and Nidec Corp. is 3.2% higher. USD/JPY is at 144.53, compared with 144.29 as of Monday's Tokyo stock market close. Investors are closely watching any developments related to U.S.-China trade talks as well as the war in Ukraine. The Nikkei Stock Average is up 0.6% at 38320.06. Source : Dow Jones Newswires
U.S. stocks traded in narrow ranges Monday as investors awaited news from the renewed trade talks between Washington and Beijing, as well as key inflation data later in the week. At 09:35 ET (13:35 GMT), the Dow Jones Industrial Average dropped 45 points, or 0.1%, and the S&P 500 index slipped 3 points, or 0.1%, while the NASDAQ Composite gained 30 points, or 0.2%. The main averages on Wall Street have continued to gain after ending higher on Friday, fueled by a stronger-than-anticipated U.S. labor market reading for May, although risk appetite was rattled by signs of steadily...
US stocks started US trading on a cautious note, with the S&P 500 and Nasdaq fluctuating around the flatline while the Dow Jones fell nearly 100 points. Traders were monitoring talks between the US and China, as officials from both countries met in London today, after Presidents Trump and Xi held a phone call last week and hopes were rekindled that trade tensions could ease. Meanwhile, investors continued to await further signs on how the trade war is impacting the economy, with CPI and PPI due later this week to provide an update on inflationary pressures. Consumer staples and...