Stocks were able to regain ground Friday after equity futures tumbled overnight as investors bet Israel retaliatory strikes against Iran would not escalate to a bigger conflict. Oil prices traded into the red after briefly spiking earlier. The Dow Jones Industrial Average traded 64 points higher, or 0.2%. The S&P 500 slipped 0.1%, while the Nasdaq Composite pulled back 0.3% on the back of a Netflix post-earnings decline. A person familiar with the matter told NBC News that Israel conducted a limited strike against Iran. Earlier, Iran's Fars news agency reported explosions were heard...
Tokyo stocks closed lower on Tuesday as investors grappled with fears Russia will invade Ukraine and fretted about US monetary tightening. The benchmark Nikkei 225 index ended down 0.79 percent or 214.40 points at 26,865.19, while the broader Topix index lost 0.83 percent or 15.95 points to close at 1,914.70. Source : AFP
Hong Kong stocks started Tuesday on the back foot, extending losses into a third day as investors fret over the possible invasion of Ukraine by Russia. The Hang Seng Index slipped 0.40 percent, or 98.07 points, to 24,458.50. The Shanghai Composite Index was marginally lower, inching down 0.84 points to 3,428.04, while the Shenzhen Composite Index on China's second exchange added 0.17 percent, or 3.74 points, to 2,256.87. Source : AFP
Shares in Asia-Pacific were lower in Tuesday morning trade as investors in the region continue to monitor tensions between Russia and Ukraine. Japanese stocks shed earlier gains and fell into negative territory, with the Nikkei 225 down 0.25% while the Topix index declined 0.14%. Japan's economy expanded 5.4% on an annualized basis in the final quarter of 2021, according to government data released Tuesday. Still, the quarterly annualized gross domestic product growth was below a median market forecast for a 5.8% gain, according to Reuters. Elsewhere, South Korea's Kospi dipped 0.38%...
Tokyo stocks opened modestly higher on Tuesday following positive readings for Japan's growth as investors grappled with fears Russia will invade Ukraine and fretted about US monetary tightening. The benchmark Nikkei 225 index was up 0.10 percent or 27.75 points at 27,107.34 in early trade, while the broader Topix index was up 0.02 percent or 0.32 points at 1,930.97. Source : AFP
Hong Kong shares closed with big losses Monday as global markets were hit by concerns that Russia will soon invade Ukraine, adding to unease over surging inflation. The Hang Seng Index shed 1.41 percent, or 350.09 points, to 24,556.57. The Shanghai Composite Index lost 0.98 percent, or 34.07 points, to 3,428.88, while the Shenzhen Composite Index on China's second exchange lost 0.43 percent, or 9.83 points, to 2,253.13. Source : AFP