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...
The Nikkei 225 slipped 76 points or 0.2% to 37,454 in Wednesday's morning session, retreating from a modest gain the previous day as investors digested Japan's latest trade figures. Exports rose 2.0% year-on-year in April, marking the slowest growth in seven months amid mounting pressure from rising U.S. tariffs. Meanwhile, imports fell less than expected, reflecting Tokyo's efforts to support domestic demand in the face of trade uncertainty. Japan's chief trade negotiator, Ryosei Akazawa, reaffirmed the country's demand for the removal of U.S. tariffs, with the third round of trade talks...
Asia-Pacific markets traded mostly higher Wednesday after Wall Street halted its six-day win streak. Japan's benchmark Nikkei 225 slipped 0.23% after the country reported that exports slowed for a second straight month as the country reels under U.S. President Donald Trump's sweeping tariffs. South Korea's Kospi limbed 0.58% while the small-cap Kosdaq traded 0.95% higher. Australia's benchmark S&P/ASX 200 climbed 0.43%. Hong Kong's Hang Seng index rose 0.45% at the open, while mainland China's CSI 300 traded flat. The Bank of Indonesia is also slated to release its policy decision...
U.S. stocks fell in afternoon trading, with the S&P 500 down 0.8% and on track to snap a six-day winning streak. The Nasdaq fell 0.9%, while the Dow Jones Industrial Average dropped 250 points. The declines followed a recent rally fueled by easing trade tensions and investor optimism about President Trump's proposed tax and tariff policies. However, growing concerns that investor relief over easing inflation and trade progress may be premature weighed on sentiment. A selloff in big tech companies dragged the market lower, with Alphabet down during the Google I/O event and additional...
European stocks closed higher on Tuesday, recovering from a slight decline in the previous session and hitting a two-month high, amid continued support from the prospect of increased government spending in Europe. The euro zone STOXX 50 closed 0.4% higher at 5,450 and the STOXX 600 gained 0.7% to 554, supported by a strong session for pharmaceutical heavyweights. Consumer discretionary stocks pared some of the previous session's steep losses, with LVM, BMW and Kering rising between 4% and 1.5%. Banks were also mostly higher, led by BBVA, UniCredit and Intesa Sanpaolo up more than...
Wall Street's main indexes opened lower on Tuesday as investors awaited commentary from Federal Reserve officials through the day to assess the potential impact of U.S. President Donald Trump's tariffs in the second half of 2025. The Dow Jones Industrial Average (.DJI), opens new tab fell 57.0 points, or 0.13%, at the open to 42735.11. The S&P 500 (.SPX), opens new tab fell 18.9 points, or 0.32%, at the open to 5944.66, while the Nasdaq Composite (.IXIC), opens new tab dropped 83.4 points, or 0.43%, to 19132.057 at the opening bell. Source: Reuters