The European stock markets closed mixed in Friday trading as The Stoxx Europe 600 was down 0.11%, the Swiss Market Index was up 0.59%, France's CAC was off 0.01%, the FTSE in London rose 0.24%, and Germany's DAX closed 0.53% lower. In the UK, retail sales volumes were flat in March after rising 0.1% in February, according to the Office for National Statistics. On a quarterly basis, sales volumes increased 1.9% in the three months to March, compared with the previous three-month period. In Germany, producer prices of commercial products rose 0.2% in March from February but were down 2.9%...
U.S. stock indexes rose on Monday, with the benchmark S&P 500 and the tech-heavy Nasdaq hovering near 2023 highs as investors awaited inflation data and the Federal Reserve's interest rate decision this week. The Dow Jones Industrial Average rose 30.02 points, or 0.09%, at the open to 33,906.80. The S&P 500 opened higher by 9.46 points, or 0.22%, at 4,308.32, while the Nasdaq Composite gained 67.23 points, or 0.51%, to 13,326.37 at the opening bell. Source : Reuters
In the U.S. futures for the S&P 500 were up 0.2% and futures for the Dow Jones Industrial Average climbed 0.1% Changes in futures do not necessarily predict movements after the opening bell. In Europe, the Stoxx Europe 600 gained 0.4% in morning trading. Ocado Group rose 5.6% and CD Projekt added 4.9%. On the other hand, Samhaellsbyggnadsbolaget dropped 6.1%, and Georg Fischer AG fell 3.7%. The FTSE 100 added 0.2%. Other stocks in Europe were up as France's CAC 40 gained 0.5% and Germany's DAX climbed 0.5%. The Wall Street Journal Dollar Index was flat at 97.25. In commodities, Brent...
Hong Kong stocks finished Monday with a small advance as traders shifted cautiously ahead of key US inflation data and a Federal Reserve interest rate decision later in the week. The Hang Seng Index edged up 0.07 percent, or 14.36 points, to 19,404.31. The Shanghai Composite Index slipped 0.08 percent, or 2.57 points, to 3,228.83, while the Shenzhen Composite Index on China's second exchange gained 0.73 percent, or 14.73 points, to 2,021.18. Source : AFP
European markets opened higher Monday as investors prepare for a week of key central bank meetings in the United States, Asia and Europe. The pan-European Stoxx 600 index was up 0.5% shortly after the open, with financial services up 0.7% and household goods 0.9% higher. Switzerland's UBS rose 0.7% after announcing it had completed the takeover of its embattled former rival Credit Suisse, which will cease trading. Under the deal terms, Credit Suisse shareholders receive one UBS share for every 22.48 outstanding shares held. The enlarged UBS Group has a balance sheet of $1.6 trillion and a...
Japanese stocks rose, following US peers higher, boosted by a weaker yen ahead of key central bank decisions this week. The Topix Index rose 0.6% to 2,238.77 as of market close Tokyo time, while the Nikkei advanced 0.5% to 32,434.00. Daiichi Sankyo Co. contributed the most to the Topix Index gain, increasing 4.1% to record high on positive trial results. Out of 2,156 stocks in the index, 1,686 rose and 387 fell, while 83 were unchanged. The yen weakened further after falling about 0.3% versus the dollar on Friday. "Japanese stocks are rising as foreign...