European stocks closed sharply higher on Wednesday (July 23), halting three previous trading sessions' declines, buoyed by speculation that the US might accept lower tariffs following a new trade deal with Japan. The Eurozone STOXX 50 rose 1.1% to 5,350, and the pan-European STOXX 600 gained 1.1% to 550. President Trump lowered tariffs on Japan to 15% from an initial threat of 25%, despite no reports of substantial progress in trade negotiations between the EU and the US. Progress on auto tariffs with Japan, which has significant exposure to automakers, lifted shares of BMW, Stellantis,...
The S&P 500 fell sharply Friday as investors digested a cooler-than-anticipated jobs report and sharp uptick in inflation expectations just as President Donald Trump announced fresh tariff measures set for next week. the Dow Jones Industrial Average fell 329 points, or 0.7%, the S&P 500 index slipped 0.80%, and the Nasdaq Composite decreased 1.3%. Trump warns of reciprocal tariffs on many countries next week President Donald Trump detailed plans on Friday to impose tariffs next week on U.S. imported goods equal to the rates that trading partners impose on American exports, Reuters...
Wall Street's main indexes opened flat on Friday, as investors expected the Federal Reserve to take a more cautious stance on interest rates after the latest batch of jobs data. The Dow Jones Industrial Average, rose 14.9 points, or 0.03%, at the open to 44762.57. The S&P 500, fell 0.4 points, or 0.01%, at the open to 6083.13, while the Nasdaq Composite, dropped 17.1 points, or 0.09%, to 19774.867 at the opening bell. Source : Reuters
Hong Kong's stock market ended higher on Friday with the benchmark Hang Seng Index up 1.16 percent to close at 21,133.54 points. The Hang Seng China Enterprises Index jumped 1.22 percent to end at 7,784.07 points, and the Hang Seng Tech Index climbed 1.8 percent to 5,150.35 points. Source : CTX
European stock markets traded subdued on Friday, stalling near record highs ahead of the highly anticipated monthly U.S. payrolls report. At 3:05 a.m. ET (08:05 GMT), Germany's DAX index was trading largely unchanged, while France's CAC 40 was down 0.1% and the U.K.'s FTSE 100 was down 0.1%. The pan-European STOXX 600 index closed at a record high on Thursday, helped by mostly strong corporate earnings. European stocks have performed at their best pace in a decade against Wall Street in the first six weeks of 2025, but doubts remain over whether the gains can be sustained given the euro...
Japanese stocks fell after the close on Friday (2/7), as losses in the Communications, Automobiles & Parts and Machinery sectors led shares lower. At the close in Tokyo, the Nikkei 225 was down 0.60%. The best performers on the Nikkei 225 were Mercari Inc (TYO:4385), which rose 20.98% or 400.00 points to trade at 2,307.00 at the close. Meanwhile, Subaru Corp (TYO:7270) gained 9.21% or 245.50 points to close at 2,910.00 and Nissan Motor Co., Ltd. (TYO:7201) gained 7.42% or 30.80 points to 445.90 in late trade. The worst performers on the session were Nikon Corp. (TYO:7731), which fell...