The S&P 500 closed mostly flat on Friday, the Dow Jones extended its record run, rising 240 points finisheing at 46,758 after briefly surpassing 47,000 during the session, while the Nasdaq slipped 0.3% as the US government shutdown entered its third day. Pressure came from major technology names, with Palantir Technologies leading the S&P 500 lower, dropping 7.5%, while Tesla and Nvidia fell 1.4% and 0.7%, respectively. Applied Materials declined 2.7% after warning of a $600 million revenue hit tied to semiconductor export restrictions. Investors focused on the shutdown, which...
Hong Kong's stock market ended higher on Friday with the benchmark Hang Seng Index up 1.16 percent to close at 21,133.54 points. The Hang Seng China Enterprises Index jumped 1.22 percent to end at 7,784.07 points, and the Hang Seng Tech Index climbed 1.8 percent to 5,150.35 points. Source : CTX
European stock markets traded subdued on Friday, stalling near record highs ahead of the highly anticipated monthly U.S. payrolls report. At 3:05 a.m. ET (08:05 GMT), Germany's DAX index was trading largely unchanged, while France's CAC 40 was down 0.1% and the U.K.'s FTSE 100 was down 0.1%. The pan-European STOXX 600 index closed at a record high on Thursday, helped by mostly strong corporate earnings. European stocks have performed at their best pace in a decade against Wall Street in the first six weeks of 2025, but doubts remain over whether the gains can be sustained given the euro...
Japanese stocks fell after the close on Friday (2/7), as losses in the Communications, Automobiles & Parts and Machinery sectors led shares lower. At the close in Tokyo, the Nikkei 225 was down 0.60%. The best performers on the Nikkei 225 were Mercari Inc (TYO:4385), which rose 20.98% or 400.00 points to trade at 2,307.00 at the close. Meanwhile, Subaru Corp (TYO:7270) gained 9.21% or 245.50 points to close at 2,910.00 and Nissan Motor Co., Ltd. (TYO:7201) gained 7.42% or 30.80 points to 445.90 in late trade. The worst performers on the session were Nikon Corp. (TYO:7731), which fell...
Asia-Pacific markets opened lower Friday as investors awaited India's interest rate decision, and assessed Japan's household spending data. Australia's S&P/ASX 200 slipped 0.12%. Japan's Nikkei 225 fell 0.34% and the Topix traded 0.32% lower. The country's household spending in December rose 2.7% year on year in real terms, sharply beat Reuters' expectations of a 0.2% rise. South Korea's Kospi shed 0.26%, while the small-cap Kosdaq fell 0.3%. Hong Kong's Hang Seng index futures were at 20,907, slightly higher than the HSI's last close of 20,891.62. The Reserve Bank of India is...
Futures tied to the Dow Jones Industrial Average lost 22 points, or 0.05%. S&P 500 futures and Nasdaq 100 futures slipped about 0.1% each. In extended trading, Amazon tumbled 4%. Guidance from the e-commerce giant disappointed investors, as Amazon called for revenue growth of 5% to 9% in the first quarter — its weakest growth on record. The outlook overshadowed top- and bottom-line beats in the fourth quarter. During Thursday's main trading session, the S&P 500 rose nearly 0.4%, and the Nasdaq Composite added 0.5%. The Dow dipped roughly 0.3%. All three major averages are on track...