US stocks rallied on Wednesday (July 23), driven by optimism over a new trade agreement and strong corporate momentum. The S&P 500 rose 0.8% to a new record high, while the Nasdaq gained 0.7%. The Dow Jones Industrial Average surged 505 points, nearly reaching its own record high. The market welcomed news of a finalized trade deal between the US and Japan that includes reciprocal tariffs of 15%, with President Trump signaling similar progress in negotiations with the European Union. Reports suggesting a US-EU deal is nearing completion, mirroring Japan's framework, further boosted...
Japanese stocks fell after the close on Friday (2/7), as losses in the Communications, Automobiles & Parts and Machinery sectors led shares lower. At the close in Tokyo, the Nikkei 225 was down 0.60%. The best performers on the Nikkei 225 were Mercari Inc (TYO:4385), which rose 20.98% or 400.00 points to trade at 2,307.00 at the close. Meanwhile, Subaru Corp (TYO:7270) gained 9.21% or 245.50 points to close at 2,910.00 and Nissan Motor Co., Ltd. (TYO:7201) gained 7.42% or 30.80 points to 445.90 in late trade. The worst performers on the session were Nikon Corp. (TYO:7731), which fell...
Asia-Pacific markets opened lower Friday as investors awaited India's interest rate decision, and assessed Japan's household spending data. Australia's S&P/ASX 200 slipped 0.12%. Japan's Nikkei 225 fell 0.34% and the Topix traded 0.32% lower. The country's household spending in December rose 2.7% year on year in real terms, sharply beat Reuters' expectations of a 0.2% rise. South Korea's Kospi shed 0.26%, while the small-cap Kosdaq fell 0.3%. Hong Kong's Hang Seng index futures were at 20,907, slightly higher than the HSI's last close of 20,891.62. The Reserve Bank of India is...
Futures tied to the Dow Jones Industrial Average lost 22 points, or 0.05%. S&P 500 futures and Nasdaq 100 futures slipped about 0.1% each. In extended trading, Amazon tumbled 4%. Guidance from the e-commerce giant disappointed investors, as Amazon called for revenue growth of 5% to 9% in the first quarter — its weakest growth on record. The outlook overshadowed top- and bottom-line beats in the fourth quarter. During Thursday's main trading session, the S&P 500 rose nearly 0.4%, and the Nasdaq Composite added 0.5%. The Dow dipped roughly 0.3%. All three major averages are on track...
The S&P 500 climbed for a third straight session on Thursday, as investors weighed the latest batch of corporate earnings. The broad market index added 0.36%, while the Nasdaq Compositetraded up around 0.5%. The Dow Jones Industrial Average however, lost 125 points, or 0.28%. Semiconductor names slid, with Qualcomm and Arm each declining 4%. Skyworks Solutions lost 24% after reporting its quarterly results. Ford Motor also fell 7% after the automaker forecast a difficult 2025. Honeywell shares were down 5%, dragging the Dow lower, after the company issued full-year earnings guidance...
US stocks edged up on Thursday, as investors weighed a flood of corporate earnings and more labor market data. At 9:45 a.m. ET (14:45 GMT), the Dow Jones Industrial Average was up 40 points, or 0.1%, the S&P 500 was up 11 points, or 0.2%, and the NASDAQ Composite was up 25 points, or 0.1%. The number of Americans filing for first-time unemployment benefits edged up more than expected last week, consistent with a slowing labor market. Initial jobless claims came in at 219,000 in the week ended Feb. 1. The previous week's figure was revised up slightly by 1,000 to 208,000, while...