US stocks were little changed on Tuesday, with the three major indexes hovering around the flatline as investors adopted a cautious stance ahead of a potential government shutdown that could disrupt the release of key labor data later this week. The government faces the risk of shutting down tomorrow if Democrats and Republicans fail to reach a deal today, putting Friday's payrolls report at risk. Traders also awaited the JOLTS job openings data due later in the day. Energy and communication services were the worst performing sectors while utilities outperformed. Microsoft (-0.6%), Amazon...
(Hong Kong) On the final trading day of July, the Hang Seng Index opened 194 points, or 0.77%, lower at 24,982. The China Enterprises Index fell by 61 points, or 0.68%, to 8,976, while the Technology Index declined 31 points, or 0.58%, to 5,458. WuXi AppTec saw its share price drop 4% after a discounted share placement. Technology stocks broadly weakened, with Meituan leading the decline, falling 3.06%. Alibaba slipped 0.95%, Xiaomi Group dropped 0.82%, Trip.com Group eased 0.57%, and Tencent edged down 0.36%. Financial stocks also displayed weakness. HSBC Holdings extended its losses by...
Japanese stocks rose boosted by exporters and tech-related sectors as investors awaited the Bank of Japan's policy decision for hints about the central bank's rate path. The Topix Index rose 0.3% to 2,928.42 as of 9:27 a.m. Tokyo time The Nikkei advanced 0.4% to 40,799.27 Hitachi Ltd. contributed the most to the Topix Index gain, increasing 1%. Out of 1,682 stocks in the index, 1,207 rose and 398 fell, while 77 were unchanged. The yen weakened as much as 0.7% overnight versus the dollar which helped lift some export-related shares on Thursday. The...
Asia-Pacific markets traded mixed Thursday as investors assessed the U.S.′ blanket 15% tariffs on imports from South Korea and awaited details on the Bank of Japan's policy decision. Japan's central bank is widely expected to stand pat on short-term interest rates at 0.5% for the fourth consecutive time, when its two-day policy meeting concludes later in the day. Japan's Nikkei 225 benchmark moved up 0.21% while the broader Topix index ticked up 0.28%, as of 8.10 a.m. Singapore time (8.10 p.m. ET Wednesday). In South Korea, the Kospi index fell 0.14% while the small-cap Kosdaq was...
U.S. stocks were mixed after the close on Wednesday, as gains in the Utilities, Technology and Telecoms sectors led shares higher while losses in the Basic Materials, Oil & Gas and Consumer Goods sectors led shares lower. At the close in NYSE, the Dow Jones Industrial Average declined 0.38%, while the S&P 500 index lost 0.12%, and the NASDAQ Composite index gained 0.15%. The best performers of the session on the Dow Jones Industrial Average were NVIDIA Corporation (NASDAQ:NVDA), which rose 2.15% or 3.78 points to trade at 179.29 at the close. Meanwhile, Unitedhealth Group...
The pan-European Stoxx 600 index provisionally closed just below the flatline on Wednesday, with sectors diverging as second quarter earnings season ramped up. The U.K.'s FTSE 100 finished flat, while France's CAC 40 nudged 0.06% higher, and Germany's DAX rose 0.23%. The euro extended its recent slide against the U.S. dollar, taking losses since the EU-U.S. trade deal announcement over the weekend to 2.3%. The U.S. dollar index was 0.6% higher following better-than-expected economic growth data and ahead of the Federal Reserve's interest rate decision. Source : CNBC