US stocks rallied on Monday (July 21), with the S&P 500 and Nasdaq hitting new record highs as a strong start to the earnings season overshadowed concerns about impending tariffs. The Dow Jones Industrial Average rose more than 200 points, driven by solid gains in leading tech stocks like MetaTrader, Amazon, and Alphabet. So far, more than 85% of S&P 500 companies that have reported earnings have beaten expectations, fueling optimism despite rising market valuations. Verizon shares jumped more than 4% after its earnings beat expectations, while Block's surged more than 8% after news...
The STOXX 50 dropped 1.4% and the STOXX 600 declined 1% on Friday, with both indexes closing nearly one-month lows, as rising geopolitical tensions in the Middle East triggered a broad flight to safety. Israel's launched a wave of strikes against Iran targeting nuclear infrastructure and military facilities, killing two top Iranian commanders. Israel has warned of further action, while Iran has vowed retaliation and has already deployed drones toward Israeli territory. The auto sector was among the worst performers, namely Stellantis (-3.4%), Ferrari (-2.8%), Mercedes-Benz (-1.6%), and BMW...
Wall Street's main indexes fell on Friday after Israel's deadly strike on Iranian nuclear facilities inflamed tensions in the oil-rich Middle East and battered risk sentiment across global markets. Israel has warned that the widescale strikes were the start of a prolonged operation to prevent Tehran from building an atomic weapon. Iran has promised a harsh response. Oil prices surged nearly 7% on fears the conflict could disrupt crude supply from the Middle East. U.S. energy stocks rose in tandem, with Exxon (NYSE:XOM) up 1.7%. Airline stocks dropped as fuel costs could surge if supply...
US stocks fell on Friday, with the S&P 500 and Nasdaq down 0.7% and the Dow Jones down nearly 500 points, amid a flight to safe havens driven by rising tensions in the Middle East. Israel launched a preemptive strike on Iran, targeting a nuclear facility and vowing to continue operations until the threat is neutralized. Airline stocks fell sharply, with American Airlines down 4.8%, Delta Air Lines down 4.5% and United Airlines down 5%. Megacap technology stocks also fell, including Nvidia (-1.4%), Microsoft (-0.2%), Apple (-0.5%), Amazon (-1%), Meta (-0.4%), Alphabet (-1.1%), and Tesla...
The Hang Seng fell 143 points, or 0.6%, to close at 23,892 on Friday, extending losses for a second session as Wall Street futures slumped and global markets turned red following Israel's military strikes on Iran the previous day. Rising tensions in the Middle East added a new layer of uncertainty to already fragile global markets, which are still under pressure from President Trump's aggressive and unpredictable trade policies. The index moved away from a nearly three-month high, as most sectors declined. The technology index fell 1.7%, led by sharp declines in Horizon Robotics (-4.3%),...
Japan stocks were lower after the close on Friday, as losses in the Paper & Pulp, Transport and Communication sectors led shares lower. At the close in Tokyo, the Nikkei 225 declined 0.92%. The best performers of the session on the Nikkei 225 were Nexon Co Ltd (TYO:3659), which rose 8.37% or 220.00 points to trade at 2,850.00 at the close. Meanwhile, Bandai Namco Holdings Inc (TYO:7832) added 4.34% or 201.00 points to end at 4,829.00 and Aeon Co., Ltd. (TYO:8267) was up 3.85% or 165.00 points to 4,449.00 in late trade. The worst performers of the session were LY Corp (TYO:4689), which...