U.S. stocks moved higher on Monday as investors tracked the latest developments in trade and awaited the start of big tech earnings this week. The S&P 500 rose 0.4%, and the Nasdaq Composite jumped 0.7%. Both indexes had hit new all-time intraday highs during the session. The Dow Jones Industrial Average, meanwhile, ticked up by 98 points, or 0.2%. The market was bolstered by moves in major technology names. Alphabet increased more than 2%, while Apple rose almost 2%. Others like Meta Platforms advanced more than 1%. Trade was once again in focus as the White House reiterated its...
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 added 0.03%. The best performers of the session on the Nikkei 225 were DIC Corp (TYO:4631), which rose 6.51% or 181.00 points to trade at 2,960.00 at the close. Meanwhile, Alps Electric Co., Ltd. (TYO:6770) added 4.37% or 58.50 points to end at 1,398.50 and Sumitomo Osaka Cement Co., Ltd. (TYO:5232) was up 3.74% or 141.00 points to 3,911.00 in late trade. The worst performers of the session were Mitsubishi Electric Corp...
(Hong Kong) In the latest trading session, the Hang Seng Index opened with a 3-point increase or 0.01%, reaching 23,385 points. The Hang Seng China Enterprises Index rose by 18 points or 0.21% to 8,488 points, while the Hang Seng TECH Index climbed by 26 points or 0.51%, hitting 5,209 points. Tech stocks displayed varied developments with Tencent up by 0.2%, Alibaba by 0.1%, Meituan down by 0.8%, Xiaomi Group post-earnings increase of 2.3%, JD.com down by 0.8%, and Kuaishou post-earnings surge of 6.4%. Across the financial sector, HSBC Holdings dropped by 0.3%, AIA Group fell by 0.4%,...
Asia-Pacific markets climbed Wednesday, tracking Wall Street gains on investor optimism after U.S. President Donald Trump extended the deadline for a 50% tariff on European Union imports until July 9. Japan's benchmark Nikkei 225 rose 1.06%, while the Topix added 0.88%. South Korea's Kospi rose 0.65% and the small-cap Kosdaq Index advanced 0.53%. Australia's S&P/ASX 200 rose 0.21%. Hong Kong's Hang Seng index rose 0.25% at the open, while mainland China's CSI 300 climbed 0.21%. Australia's inflation rate rose 2.4% in April, unchanged since February but higher than the median estimate...
The Nikkei 225 Index jumped 0.8% to above 38,000 while the broader Topix Index gained 0.6% to 2,786 on Wednesday, marking the fourth consecutive session of gains, supported by a decline in both Japanese government bond yields and the yen, which eased pressure on equities. The move followed reports that Japan's Ministry of Finance plans to scale back issuance of super-long-term bonds, aiming to contain rising yields. This comes after last week's lackluster 20-year bond auction, which drew the weakest demand in over a decade. Japanese markets also took cues from a strong overnight...
US stocks closed sharply higher on the first trading day of the week, following a rally in Treasury securities as the market eased concerns that a renewed trade war could hurt corporate prospects. The S&P 500 rose 2% while the Dow jumped 1.8% and the Nasdaq 100 gained 2.4%. President Donald Trump delayed 50% tariffs on the European Union until July 9 and sounded a positive tone about the possibility of a trade deal to avoid new obstacles. Meanwhile, long-dated Treasuries enjoyed some respite as Japan signaled it would reduce issuance of long-curve notes, helping credit-sensitive stocks...