Wall Street's main indexes opened flat on Thursday in thin trading ahead of Easter break, as investors awaited more data to gauge the Federal Reserve's policy path on the last business day of a strong first quarter. The Dow Jones Industrial Average rose 3.66 points, or 0.01%, at the open to 39,763.74. The S&P 500 opened lower by 0.46 points, or 0.01%, at 5,248.03, while the Nasdaq Composite dropped 22.29 points, or 0.14%, to 16,377.23 at the opening bell. Source : Reuters
European markets closed slightly higher on Friday, as investors continued to monitor the war in Ukraine and assess the outlook for global monetary policy. The pan-European Stoxx 600 closed higher by just 0.12%, having reversed earlier losses. Oil and gas stocks climbed 1.2% while banks shed 0.4%. In terms of individual share price movement, Sweden's Trelleborg surged more than 23% to lead the European blue chip index after Yokohama Rubber announced that it would buy its tire business for $2.18 billion. At the bottom of the index, German cooking appliance manufacturer Rational fell...
U.S. stocks rose Friday as the S&P 500 looked to close out its second consecutive positive week. The Dow Jones Industrial Average gained about 70 points, or 0.2%. The S&P 500 added 0.2%. The Nasdaq Composite was little changed. For the week, the S&P 500 and Nasdaq are up more than 1% and 2%, respectively. The Dow is marginally higher. The S&P 500 is now up more than 3% in March, more than erasing its losses since Russia invaded Ukraine late last month. The rebound has come even as the war in Ukraine continues and the Federal Reserve is set to hike interest rates several...
U.S. stock futures were little changed on Friday morning after a bounce-back session on Wall Street. Futures tied to the Dow Jones Industrial Average ticked down 27 points, or 0.1%. The S&P 500 futures were down 0.1%, while Nasdaq 100 futures slipped 0.15%. The move comes after a solid session for stocks on Wednesday in which the S&P rose 1.4%, the Nasdaq Composite gained 1.9% and the Dow added 349 points. Those gains largely erased losses from Tuesday. Source : CNBC
Hong Kong stocks closed sharply lower Friday following a roller-coaster week, with tech firms leading losses despite a strong lead from Wall Street. The Hang Seng Index sank 2.47 percent, or 541.07 points, to 21,404.88. The Shanghai Composite Index dropped 1.17 percent, or 38.02 points, to 3,212.24, while the Shenzhen Composite Index on China's second exchange shed 1.43 percent, or 30.61 points, to 2,113.73. Source : AFP
European stocks opened slightly higher, looking set for a subdued finish to the week as investors mull concerns over surging inflation and slowing growth amid the war in Ukraine. The Stoxx 600 Index was up 0.2% at 8:03 a.m. in London, led by gains in chemicals stocks and miners. Banks were the biggest fallers. After last week recouping losses sparked by Russia's invasion of Ukraine, the benchmark is slightly lower on the week so far as central banks signal an aggressive tightening in monetary policy and economic data indicate an "unprecedented" rise in costs for parts and raw materials....