The European stock markets closed mixed in Friday trading as The Stoxx Europe 600 was down 0.11%, the Swiss Market Index was up 0.59%, France's CAC was off 0.01%, the FTSE in London rose 0.24%, and Germany's DAX closed 0.53% lower. In the UK, retail sales volumes were flat in March after rising 0.1% in February, according to the Office for National Statistics. On a quarterly basis, sales volumes increased 1.9% in the three months to March, compared with the previous three-month period. In Germany, producer prices of commercial products rose 0.2% in March from February but were down 2.9%...
Stocks rose Tuesday as investors looked to regain some positive momentum ahead of the release of key U.S. inflation data. The Dow Jones Industrial Average traded 76 points higher, or 0.2%. The S&P 500 climbed 0.4%, and the Nasdaq Composite advanced 0.5%. The March consumer price index report is slated for release Wednesday at 8:30 a.m. ET. Economists surveyed by Dow Jones expect inflation to have increased 0.3% in March. Investors will keep a close eye on the data as they search for clues on when the Federal Reserve will start cutting rates. Right now, it's a coin toss whether they'll...
Hong Kong stocks finished on a positive note Tuesday as investors readied themselves for the release of crucial US inflation data later in the week that could play a major role in the Federal Reserve's decision-making on interest rates. The Hang Seng Index rose 0.57 percent, or 95.22 points, to 16,828.07. The Shanghai Composite Index edged up 0.05 percent, or 1.48 points, to end the week at 3,048.54, while the Shenzhen Composite Index on China's second exchange climbed 0.82 percent, or 14.30 points, to 1,750.80. Source : AFP
Stock futures were little changed on Tuesday morning as investors looked ahead for forthcoming inflation data. Futures tied to the S&P 500 rose marginally. Nasdaq 100 futures advanced 0.21%, while Dow Jones Industrial Average futures lost 7 points, or 0.02%. Stocks ended Monday's trading near the flatline, with the S&P 500 closing with a marginal decline of 0.04% and the 30-stock Dow losing 0.03%. The Nasdaq Composite eked out a small gain of 0.03%. During the session, the 10-year Treasury yield topped 4.4% as investors awaited Wednesday's consumer price index report for more...
Tokyo stocks closed higher on Tuesday, helped by rallies in US tech shares and a stable dollar-yen exchange rate. The benchmark Nikkei 225 index added 1.08 percent, or 426.09 points, to 39,773.13 while the broader Topix index ended up 0.97 percent, or 26.37 points, at 2,754.69. Source: AFP
Hong Kong shares rose at the open of business Tuesday morning as investors turned their attention to the release of US consumer price data later in the week. The Hang Seng Index edged up 0.52 percent, or 86.33 points, to 16,819.18. The Shanghai Composite Index eased 0.08 percent, or 2.44 points, to 3,044.61, while the Shenzhen Composite Index on China's second exchange dipped 0.11 percent, or 1.93 points, to 1,734.57. Source: AFP