KEY POINTS
- Growing trade uncertainty, weak economic indicators and a series of domestic political challenges have pushed major stock market indexes in China, South Korea, Turkey, Italy, Germany
and
Mexico into
bear
market territory.
- More could be on the way as growth fears multiply — key benchmarks in Spain, France
and
Russia are all less than 5 percent away from
bear
market territory.
- Recent signs have suggested the slowing growth could be affecting U.S. equities. The Dow Jones Industrial...
• European stocks opened slightly higher Wednesday morning, after a dramatic fall in the price of oil spurred speculation the U.S. Federal Reserve might be done with monetary tightening.
The pan-European Stoxx 600 was up around 0.1 percent shortly after the opening bell, with most sectors and major bourses in positive territory.
• Asian share markets played second string to bonds on Wednesday as a spectacular fall in the price of oil spurred speculation the U.S. Federal Reserve might be done...
•Stocks tanked on Monday, pushing the S&P 500 to a new low for the year amid growing concerns that the Federal Reserve's plan to raise interest rates could be too much for the economy and stock market to handle.
The S&P 500 fell as much as 2.5 percent to 2,530.54, surpassing its February intraday low of 2,532.69. The broad market index finished the session down 2percent at 2,545.94, its lowest close for the year. The Dow Jones Industrial Average lost 507.53 points to close at 23,592.98, bringing...
·
The S&P 500 could rise more than 20 percent from Thursday's close by the end of 2019, UBS' Keith Parker told CNBC.
UBS' price target for the S&P 500 is 2,875 by the end of this year — a gain of about 10 percent in the next two weeks — and 3,200 at the end of 2019.
With the Federal Reserve likely to raise interest rates next week, Chairman Jerome Powell's apparent decision to pull back on the number of planned hikes will also benefit the market next year, Parker said.
"Lower...
•Stocks fell sharply on Friday after weaker-than-expected data in China and Europe exacerbated concerns of a global economic slowdown.
The Dow Jones Industrial Average fell 496.87 points to 24,100.51, its lowest level since early May, led lower by declines in Apple and Johnson & Johnson. For the year, the Dow is now down 2.5 percent.
The S&P 500 dropped 1.9 percent to 2,599.95 — its lowest closing level since April — as the tech and health care sectors lagged. The broad index also closed...
• European stocks opened lower Monday morning, amid escalating concerns of a sharp slowdown in global growth.
The pan-European Stoxx 600 was down 0.25 percent with majority of sectors in negative territory. The FTSE 100 opened 0.16 points lower, the CAC was down 0.3 percent, while the DAX was lower by 0.08 percent, according to IG.
• Asian share markets ticked up on Monday as investors cautiously looked to whether key policy events in the United States and China could allay concerns about slowing...
·
European stocks were slightly lower on average Thursday as the European Central Bank formally brought its
2.6
trillion euro (
$3
tn) QE program to a close.
The pan-European Stoxx
600
was little changed from the previous session, provisionally slipping
0.16
percent.
·
The ECB is to end to its crisis-era bond-buying program this December after nearly four years. European lenders have generally been critical of the central bank’s QE program, arguing it has...
·
European stocks opened lower Friday morning, amid escalating concerns of a sharp slowdown in the world’s second largest economy.
The pan-European Stoxx
600
was down around
0.75
percent shortly after the opening bell, with all sectors and major bourses in negative territory.
Market focus is largely attuned to a possible economic slowdown over the coming months. It comes after China reported weaker-than-expected retail sales data on Friday. The sector grew at its weakest...
• Stocks closed higher on Wednesday as investors digested news related to the ongoing trade war between the United States and China.
The Dow Jones Industrial Average rose 157.03 points to 24,527.27, led by gains in Caterpillar. The S&P 500 climbed 0.6 percent to close at 2,651.07 as the consumer discretionary sector outperformed. The Nasdaq Composite jumped 1 percent to 7,098.31 as Facebook, Amazon, Netflix and Google-parent Alphabet rose.
The major averages came off their highs in afternoon...
·
European stocks opened slightly higher Thursday morning, amid signs of cooling trade tensions between the world’s two largest economies.
The pan-European Stoxx
600
was up around
0.25
percent shortly after the opening bell, with most sectors and major bourses in positive territory.
·
Asian equity markets rallied on Thursday on signs of easing Sino-U.S. trade tensions and expectations that China will step up efforts soon to support its cooling economy.
Markets...
• European stocks rallied Tuesday, as the world's two largest economies sought to push forward with the next stage of trade talks.
The pan-European Stoxx 600 was up around 1.8 percent during deals, with all sectors and major bourses in positive territory.
Europe's basic resources sector — with their heavy exposure to China — were the top performers, up more than 3.6 percent amid renewed hopes of a trade agreement between Washington and Beijing. China's Vice Premier Liu reportedly confirmed...
• European stocks opened higher Wednesday morning, as President Donald Trump said he was upbeat about the chances of securing a trade deal with China. Meanwhile, sterling was weighed down on news that British Prime Minister Theresa May will face a vote of no-confidence from members of her own Conservative party later in the session.
The pan-European Stoxx 600 was up around 0.3 percent shortly after the opening bell, with most sectors and major bourses in positive territory.
• Japan’s Nikkei...
• European stocks slipped on Monday afternoon, falling on worries over slowing economic growth and after a Brexit vote in U.K. parliament was been delayed by Prime Minister Theresa May.
The pan-European Stoxx 600 finished provisionally down by around 1.8 percent with all sectors and major bourses in negative territory.
Britain's FTSE 100 index slipped, down 0.7 percent, after May confirmed to the parliament that the crucial Brexit vote will be pulled.
• Stocks rose on Monday, erasing sharp losses...
• European stocks opened higher Tuesday morning, as the world’s two largest economies sought to push forward with the next stage of trade talks.
The pan-European Stoxx 600 was up around 0.86 percent shortly after the opening bell, with all sectors and major bourses in positive territory.
• Japan’s Nikkei closed at nearly nine-month lows on Tuesday as worries about global growth pressured financial and cyclical stocks, while uncertainty over a U.S.-Japan trade deal hit automakers.
The Nikkei...
• European stocks cratered on Thursday, amid fears of slowing growth, falling oil prices and a fresh flare-up in tensions between the world's two largest economies.
The pan-European Stoxx 600 fell more than 3.3 percent with all and major bourses sectors in negative territory. The index clsoed at 342 points, marking a two year low. It was the worst daily percentage drop for the STOXX 600 since Brexit.
Germany's Dax market, when measured on an intra-day basis has closed in bear market territory...
• Stocks fell sharply on Tuesday in the biggest decline since the October rout as investors worried about a bond-market phenomenon signaling a possible economic slowdown. Lingering worries around U.S.-China trade also added to jitters on Wall Street.
The Dow Jones Industrial Average fell 799.36 points, or 3.1 percent, to close at 25,027.07 and posted its worst day since Oct. 10. At its low of the day, the Dow had fallen more than 800 points.
The S&P 500 declined 3.2 percent to close at 2,700...
• European stocks opened lower Thursday morning, amid fears of a fresh flare-up in tensions between the world’s two largest economies.
The pan-European Stoxx 600 was down around 0.8 percent shortly after the opening bell, with all sectors and major bourses in negative territory.
Market focus is largely attuned to the arrest of a top executive at Chinese tech giant Huawei, amid investor concern that the news could derail progress in U.S.-Sino trade talks.
• U.S. stock futures and Asian...
• U.S. stocks rose on Monday after U.S. President Donald Trump and Chinese President Xi Jinping agreed to a 90-day cease-fire in the trade war that has weighed heavily on global stock markets for most of 2018.
The Dow Jones Industrial Average rose 287.97 points to 25,826.43 while the S&P 500 gained 1.1 percent to close at 2,790.37. The Nasdaq Composite rose 1.5 percent to end the day at 7,441.51. The consumer discretionary sector in the S&P 500 was the best performer, rising 2.5 percent. Amazon...
• European stocks opened slightly lower Tuesday morning, amid rising doubts over whether the world's two largest economies will be able to resolve their trade differences.
The pan-European Stoxx 600 was down around 0.1 percent shortly after the opening bell, with most sectors and major bourses in negative territory.
• Asian shares fell on Tuesday as a relief rally petered out amid rising doubts over whether China and the United States will be able to resolve trade differences.
An inverted U...
Thai
Eng