The S&P 500 rose 0.4% on Friday (July 25), notching its fifth consecutive record close—its longest streak in more than a year—while the Nasdaq 100 gained 0.2% after hitting an intraday high. The Dow Jones Industrial Average gained 208 points as investors digested a wave of trade developments and corporate earnings. Optimism surrounding trade talks contributed to the rally, with President Trump scheduled to meet with European Commission President Ursula von der Leyen on Sunday amid hopes of a US-EU deal. Deals were also reached with Japan, Indonesia, and the Philippines ahead of the...
U.S. stocks inched up in choppy trading on Wednesday after weaker-than-expected private payrolls data deepened concerns about the Trump administration's erratic trade policies pressuring the labor market. The Dow Jones Industrial Average (.DJI), opens new tab rose 54.5 points, or 0.13%, at the open to 42,574.13. The S&P 500 (.SPX), opens new tab rose 8.6 points, or 0.14%, at the open to 5,978.94, while the Nasdaq Composite (.IXIC), opens new tab rose 36.0 points, or 0.19%, to 19,434.94 at the opening bell. Source: Reuters
The Hang Seng rose 141 points or 0.6% to close at 23,654 on Wednesday, marking a second straight day of gains amid optimism that an upcoming call between U.S. President Trump and China's Xi Jinping could ease trade tensions. The deadline also loomed for U.S. trading partners to submit proposals to avoid steep tariffs set to take effect in five weeks. Hong Kong's healthcare index led sector gains, up around 3% as investors bet on earnings growth from innovative drug makers. Innovent Biologics surged 13.8%, followed by CSPC Pharma (2.8%), Hansoh Pharma (2.6%), and Wuxi Biologics (1.6%)....
European shares inched up on Wednesday on gains in Airbus shares, while sentiment remained cautious ahead of a deadline for U.S. trading partners to make their "best offers" and as the U.S. levies on steel and aluminium imports kick in. Airbus SE (OTC:EADSY) shares rose 3.4% after Bloomberg News reported Chinese airlines are considering ordering hundreds of aircraft as soon as next month. The pan-European STOXX 600 rose 0.3% by 0707 GMT, having rallied about 15% from its early April lows as U.S. President Donald Trump paused sweeping tariffs and struck a trade agreement with the...
Japan stocks were higher after the close on Wednesday, as gains in the Real Estate, Banking and Textile sectors led shares higher. At the close in Tokyo, the Nikkei 225 gained 0.78%. The best performers of the session on the Nikkei 225 were Furukawa Electric Co., Ltd. (TYO:5801), which rose 6.31% or 428.00 points to trade at 7,206.00 at the close. Meanwhile, Tokuyama Corp. (TYO:4043) added 6.01% or 170.00 points to end at 2,998.00 and Shiseido Co., Ltd. (TYO:4911) was up 5.94% or 137.00 points to 2,441.50 in late trade. The worst performers of the session were Yamato Holdings Co., Ltd....
(Hong Kong) The Hang Seng Index initially opened lower by 12 points at 23,499 before showing a repeated positive trend, currently up by 168 points or 0.71% at 23,680. Meanwhile, the H-share index has risen by 68 points or 0.8% to 8,588, and the technology index has climbed by 40 points or 0.77% to reach 5,229. Market turnover stands at 38.2 billion Hong Kong dollars.As of 9.56am, the Hang Seng index was trading at 23,637.78, up by 125.29 points or 0.53% today on June 4th. In the tech sector, Tencent saw a 1.4% increase, Alibaba rose by 0.5%, Meituan surged by 1.7%, Xiaomi Group gained 2%,...