Stock futures climbed Thursday morning after the S&P 500 and the Nasdaq Composite logged a fourth straight day of losses. Futures tied to the S&P 500 added 0.27%, while Nasdaq 100 futures gained 0.38%. Dow Jones Industrial Average futures were up 0.15, or 57 points higher. In extended trading, credit bureau Equifax declined more than 9% on disappointing second-quarter guidance that missed Wall Street estimates. Shares of Las Vegas Sands slipped nearly 3% after first-quarter revenue narrowly beat analysts' forecasts. Tech stocks struggled on Wednesday, with the S&P 500 and the...
European stocks were steady on Thursday as investors weighed a slate of upbeat corporate earnings reports against concerns around higher-for-longer interest rates. The Stoxx 600 was up 0.2% by 8:12 a.m. in London. Utilities and banks were the best-performing sectors, with energy the biggest laggard. Yogurt maker Danone SA gained as it reported first-quarter sales that surpassed analysts' expectations, bolstered by growing demand for bottled water. ABB Ltd. rallied as it raised its profitability outlook for the year after...
Japanese stocks rose, erasing early losses to eke out gains as value stocks such as financials were buoyed by Berkshire Hathaway Inc.'s bumper yen bond sale raising hopes of more investment from the Omaha-based firm. The Topix Index rose 0.5% to 2,677.45 as of market close Tokyo time. Nikkei advanced 0.3% to 38,079.70. Mitsubishi UFJ Financial Group Inc. contributed the most to the Topix Index gain, increasing 1.6%. Out of 2,146 stocks in the index, 1,785 rose and 290 fell, while 71 were unchanged. A gauge of Japanese airlines were one of the top...
Hong Kong stocks were barely moved at the beginning of trade Thursday as investors weighed the outlook for US interest rates while keeping a close eye on developments in the Middle East crisis. The Hang Seng Index inched up 1.40 points, to 16,253.24. The Shanghai Composite Index fell 0.37 percent, or 11.35 points to 3,060.03, while the Shenzhen Composite Index on China's second exchange shed 0.33 percent, or 5.63 points to 1,695.12. Source : AFP