Japanese stocks climbed to finish the strongest quarter in more than a decade on a high note for the Nikkei 225 and Topix indexes, as signs of strength in both the domestic economy and the US made investors bullish. Topix Index rose 0.6% to 2,768.62 as of market close Tokyo time, that's about 4% away from reaching its all time record high in December 1989. Nikkei advanced 0.5% to 40,369.44. Mitsubishi Heavy Industries Ltd. contributed the most to the Topix Index gain, increasing 6.1%. Out of 2,148 stocks in the index, 1795 rose and 303 fell while 48 were...
Stocks slipped Monday to start a shortened trading week as the rally that brought Wall Street to record levels took a breather. The Dow Jones Industrial Average fell 162.26 points, or 0.41%, closing at 39,313.64. The S&P 500 dipped 0.31% to finish at 5,218.19, while the Nasdaq Composite was down 0.27% and settled at 16,384.47. Shares of Intel slid 1.7% after The Financial Times reported that new China guidelines would block the company's chips in government servers and computers. United Airlines fell 3.4% after the Federal Aviation Administration said it would be heightening its...
European markets had a tentative start to the new trading week Monday, as investors continued to digest a number of central bank policy decisions in Europe. The pan-European Stoxx 600 index provisionally closed 0.05% higher after finishing last week at a record high. Oil and gas stocks gained 0.9% as media stocks fell 0.6%. Home improvement group Kingfisher, owner of brands such as B&Q and Screwfix, rebounded in afternoon deals to close up 2.5%. The stock dipped earlier in the session after issuing its third warning on profit in six months. The U.K.'s Direct Line meanwhile plunged 11%...
Stocks were slightly lower Monday to start a shortened trading week as the rally that brought Wall Street to record levels took a breather. The Dow Jones Industrial Average fell 70 points, or 0.2%. The S&P 500 dipped 0.3%, and the Nasdaq Composite slid 0.5%. Shares of Intel led the market lower, with the semiconductor firm sliding 4% after The Financial Times reported that new China guidelines would block Intel chips in government servers and computers. United Airlines stock also fell 4% after the Federal Aviation Administration said it would be heightening scrutiny of the airline...
Stock futures were slightly lower Monday morning to start March's last—and shortened—trading week. Futures tied to the Dow Jones Industrial Average edged lower by 87 points, or 0.2%. S&P futures and Nasdaq 100 futures lost 0.2% and 0.3%, respectively. The market is on track for its fifth consecutive month of gains, with the major U.S. stock benchmarks crossing new all-time closing high levels last week. The S&P 500 added roughly 2.3% last week, while the Dow gained just under 2% for its best week since December, nearing the 40,000 level. The Nasdaq Composite, meanwhile, jumped...
Hong Kong stocks turned negative Monday, in line with losses across most of Asia, ahead of key US inflation data due at the end of the week. The Hang Seng Index slipped 0.16 percent, or 25.83 points, to 16,473.64. The Shanghai Composite Index fell 0.71 percent, or 21.73 points, to 3,026.31, while the Shenzhen Composite Index on China's second exchange sank 1.86 percent, or 33.14 points, to 1,749.15. Source : AFP