Nikkei Tokyo's key Nikkei index suffered its largest drop in more than three years Friday, following reports that Israel carried out strikes on Iran and after US tech stocks fell. The benchmark Nikkei 225 index ended down 2.66 percent, or 1,011.35 points, to 37,068.35, marking its largest fall in points since February 2021. Hang Seng Hong Kong shares sank Friday as reports said explosions had been heard in Iran and Syria, sparking worries of a region-wide war in the Middle East after last weekend's attack on Israel by Tehran. The Hang Seng Index fell 0.99 percent, or 161.73 points, to...
European stock markets opened higher Friday, after U.S. lawmakers passed a bill to raise the debt ceiling and cap government spending for two years, days before the default deadline. The Stoxx 600 index was up 0.5% shortly after the open, as it climbed further from the two-month low hit on Wednesday. Mining stocks led gains, up 1.8%, while oil and gas climbed 1.1% ahead of the June 4 OPEC+ meeting. The U.K.'s FTSE 100 looks set to open 20.7 points higher at 7,518; Germany's DAX 91.5 points higher at 15,942; France's CAC 37.4 points higher at 7,169; and Italy's MIB up 115 points to...
Tokyo shares closed higher on Friday, extending Wall Street rallies on hopes that the Federal Reserve could slow rate hikes, with investors also eyeing US jobs data. The benchmark Nikkei 225 index gained 1.21 percent, or 376.21 points, to end at 31,524.22, while the broader Topix index climbed 1.55 percent, or 33.41 points, to 2,182.70. Source: AFP
Asian stocks advanced Friday, led by gains in Hong Kong-listed technology companies amid a buoyant tone in markets as traders look to the Federal Reserve to pause interest rate hikes in June. Shares also climbed in Japan, Australia and mainland China, while US futures ticked up following rallies for the S&P 500 and the Nasdaq 100 Thursday. A renewed surge in tech giants fueled the moves on Wall Street ahead of jobs data that's projected to show a slowdown. News that Congress had passed legislation to avert a US default added to...
Hong Kong stocks opened sharply higher Friday morning, driven by a rally in tech firms, with traders looking ahead to the release of US jobs data later in the day. The Hang Seng Index surged 1.92 percent, or 349.90 points, to 18,566.81. The Shanghai Composite Index added 0.24 percent, or 7.81 points, to 3,212.45, while the Shenzhen Composite Index on China's second exchange edged up 0.29 percent, or 5.78 points, to 2,018.02. Source : AFP
Tokyo stocks opened higher Friday, extending US rallies on hopes that the Federal Reserve could pause its rate hikes, while traders eye progress on a deal to avert a US default. The benchmark Nikkei 225 index was up 0.35 percent, or 109.00 points, at 31,257.01 in early trade, while the broader Topix index added 0.42 percent, or 9.01 points, to 2,158.30. Source: AFP