Nikkei Tokyo stocks closed lower Tuesday, weighed down by Wall Street falls and fears over tensions in the Middle East. The benchmark Nikkei 225 index dropped 1.94 percent, or 761.60 points, to 38,471.20, while the broader Topix index fell 2.04 percent, or 56.09 points, to 2,697.11. Hang Seng Hong Kong and mainland Chinese stocks sank Tuesday on worries about a regional conflict in the Middle East and after data showed China's economy grew more than expected but other figures raised questions about the outlook for the rest of the year. The Hang Seng Index shed 2.12 percent, or 351.49...
U.S. stocks fell on Wednesday as a rally that has propelled equity prices higher since mid-June appeared poised for a respite as investors weighed a fresh batch of retail earnings for further clues into the health of the consumer. The Dow Jones Industrial Average fell 173 points, or 0.51%, while the S&P 500 and Nasdaq Composite slid 0.69% and 0.9%, respectively. At the same time, further uncertainty remains in the market as the Federal Reserve plans to continue raising rates and shrinking the size of its balance sheet. Source : CNBC
U.S. stock futures fell back from recent highs as bulls held their fire ahead of the release of Fed minutes later on Wednesday. S&P 500 futures dipped 15 points, or 0.4% to 4293. Dow Jones Industrial Average futures fell 83 points, or 0.2% to 34034. Nasdaq 100 futures eased 67 points, or 0.5% to 13591 On Tuesday, the Dow Jones Industrial Average rose 240 points, or 0.71%, to 34152, the S&P 500 increased 8 points, or 0.19%, to 4305, and the Nasdaq Composite dropped 26 points, or 0.19%, to 13103. The Nasdaq Composite is up 23.1% from its mid-June low but remains down 16.3% for the...
Hong Kong stocks closed on the front foot Wednesday, in line with an advance across most of Asia following a rally on Wall Street, with sentiment boosted by hopes China will unveil fresh stimulus measures for the struggling economy. The Hang Seng Index rose 0.46 percent, or 91.93 points, to end at 19,922.45. The Shanghai Composite Index added 0.45 percent, or 14.64 points, to 3,292.53, while the Shenzhen Composite Index on China's second exchange climbed 0.69 percent, or 15.41 points, to 2,242.45. Source : AFP
European equities extended their rally, set for the longest winning streak since November, as investors assessed the central banks' next steps while questioning whether inflation has peaked. The Stoxx Europe 600 rose 0.2% at 8:05 a.m. in London, up for a sixth day. Banks and financial services sectors outperformed, while healthcare lagged. European stocks have extended July's rally this month as traders bet inflation is close to peaking, leaving central banks room to be less hawkish and protect the economy from a serious downturn. Investors will be monitoring the Federal Open Market...
Tokyo stocks closed higher on Wednesday with investors emboldened by a cheaper yen and the five-day winning streak notched by the US Dow. The benchmark Nikkei 225 index gained 1.23 percent, or 353.86 points, to end at 29,222.77, while the broader Topix index advanced 1.26 percent, or 25.03 points, to 2,006.99. Source : AFP