The S&P 500 ended slightly lower Monday, as investors digested a meeting between Ukraine President Volodymyr Zelensky and U.S. President Donald Trump in Washington and looked ahead to the upcoming Jackson Hole Symposium. The Dow Jones Industrial Average fell 33 points, or 0.1%, the S&P 500 index slipped 0.02%, while the NASDAQ Composite added 0.03%. The main Wall Street indices notched their second straight positive week last week, with the blue-chip Dow Jones Industrial Average joined the benchmark S&P 500 and tech-heavy Nasdaq Composite in reaching a new all-time peak during...
Asian stock markets opened higher on Friday (August 8), marking a fifth consecutive day of gains. The market's performance was supported by Japanese technology stocks, particularly Sony and SoftBank, which surged after reporting strong financial results. The MSCI Asia Pacific Index rose 0.5%, while the Nikkei 225 jumped 1.3%. US stock futures also edged higher. Meanwhile, the US dollar weakened for the sixth consecutive day, recording its longest losing streak since March 2024. The yen briefly strengthened before recovering after Japan and the US agreed to end the universal tariff policy...
The Dow Jones Industrial Average gave back gains and closed lower on Thursday as investors pocketed some of their profits in what's been a solid week thus far. The 30-stock Dow fell 224.48 points, or 0.51%, closing at 43,968.64.The S&P 500 lost 0.08% and ended at 6,340.00. The Nasdaq Composite advanced 0.35%, ending at 21,242.70. The major averages saw sharp swings during the session, with the Dow up more than 300 points at its high and off more than 390 points at its low. The blue-chip Dow was weighed down by a 2.5% decline in Caterpillar shares after the construction equipment maker...
The European stock markets closed mostly higher in Thursday trading as the Stoxx Europe 600 rose 0.92%, Germany's DAX climbed 1.12%, the FTSE 100 was off 0.69%, France's CAC increased 0.97%, and the Swiss Market Index was up 0.80%. In Germany, price-adjusted production in the manufacturing sector declined 1.9% in June compared with May, according to preliminary data from the Federal Statistical Office, falling to its lowest level since May 2020 during the COVID pandemic. In the UK, house prices rose 0.4% in July from June, the highest monthly rise since the start of the year, according to...
Wall Street's main indexes advanced on Thursday, lifted by hopes that technology giants might dodge President Donald Trump's newest tariffs on chip imports. Apple's (AAPL.O), opens new tab shares climbed 2.4%, having risen 5.1% and led gains on Wall Street in the prior session, after Trump said the iPhone maker will invest an additional $100 billion in the U.S., bringing its total commitment to $600 billion over the next four years. Trump also announced a tariff of about 100% on imports of semiconductors but said it would not apply to companies that are manufacturing in the U.S. or have...
The Hang Seng rose 171 points or 0.7% to close at 25,082 on Wednesday, reversing early losses as all sectors ended in the green. It was the fourth session of gains, helped by upbeat Chinese trade data. Exports accelerated in July due to front-loaded shipments, while imports saw the strongest growth in a year amid continued policy support from Beijing. Traders remained focused on the August 12 deadline, watching for progress in U.S.-China tariff negotiations. Tech shares posted modest gains despite Trump's remarks that the U.S. may impose 100% tariffs on certain chip imports—an outcome...