Japan's Nikkei Stock Average is flat at 40681.72, as gains in electronics and brokerage shares offset declines in auto and pharmaceutical stocks. NEC Corp. is up 6.4% and Daiwa Securities Group is higher by 2.7%, while Honda Motor is down 1.7% and Chugai Pharmaceutical falls 1.2%. USD/JPY is at 148.27, compared with 148.25 as of Tuesday's Tokyo stock market close. Investors are focusing on quarterly earnings as well as any domestic political developments. Source: Marketwatch
Stocks fell broadly on Tuesday, with the S&P 500 on track for its fourth straight decline, as traders weighed concerns about economic growth and global trade. The broad-market index fell 0.2%. The Nasdaq Composite fell 1%, with Nvidia's 1.4% drop leading the decliners. This week's losses have pulled the tech-focused Nasdaq into negative territory for the year. Meanwhile, the Dow Jones Industrial Average was trading higher by 220 points, or 0.5%. The market fell after the Conference Board's latest consumer confidence survey came in much weaker than economists had expected. It followed a...
European stocks closed near the flatline on Tuesday (25/2), the fourth straight session of flat movement as markets continued to assess the prospect of higher government spending by European governments and the impact of trade barriers imposed by the U.S. The eurozone STOXX 50 closed 0.1% lower at 5,448 and the pan-European STOXX 600 gained 0.2% to 554. German carmakers were among the biggest gainers despite U.S. President Trump's announcement that the U.S. would follow through on earlier tariff threats against Mexico, a major manufacturing hub for European writers. Volkswagen, BMW and...
The S&P 500 hovered around the flatline on Tuesday, while the Nasdaq slipped 0.4% following three consecutive sessions of losses. Meanwhile, the Dow Jones added about 100 points. Investor sentiment remained pressured by geopolitical and trade tensions after President Trump confirmed that tariffs on Mexican and Canadian imports, previously paused for a month, will take effect next week. Additionally, reports surfaced that the US is tightening restrictions on China's chip industry.Tech, communication services, and utilities were the worst-performing sectors, while real estate, materials,...
European equities rose on Tuesday as gains for healthcare and defense stocks offset declines for technology companies. Shares of Unilever Plc fell after the surprise exit of its CEO. The Stoxx Europe 600 Index was up 0.1% at 8:23 a.m. in London. The health-care sector outperformed as Smith & Nephew Plc jumped after earnings beat expectations while shares of tech giant Novo Nordisk A/S also rose. Defense stocks got a boost from news that Germany is discussing a €200 billion ($209 billion) emergency defense fund. Among decliners, concerns over potentially tighter U.S. restrictions on...
The Hang Seng Index plunged 307 points, or 1.3%, to close at 23,034 on Tuesday (25/2), marking its second straight decline. The selloff came as the Trump administration pushed for tighter U.S. chip restrictions and urged key allies to tighten curbs on China's semiconductor industry. The decline also followed a sharp drop in U.S.-listed Chinese stocks overnight, with the Nasdaq Golden Dragon China Index plunging 5.2%, its worst one-day loss since October, amid profit-taking after strong earnings and AI-driven optimism. Investors are cautious ahead of China's official February PMI data due...