· Stocks rose slightly on Monday, led by gains in tech, as investors looked ahead to a crucial Federal Reserve meeting this week.
The Dow Jones Industrial Average rose 22.92 points to 26,112.53 while the S&P 500 closed 0.1% higher at 2,889.67. The Nasdaq Composite outperformed, rising 0.6% to 7,845.02 as tech shares gained.
Facebook and Netflix climbed 4.2% and 3.2%, respectively, while Amazon advanced 0.9%. Alphabet climbed 0.7% while Apple advanced 0.6%.
“Changes in the post-meeting...
· U.S. stock index futures were mixed Tuesday morning, as market participants braced for the first day of the Federal Reserve’s interest rate meeting.
At around 02:00 a.m. ET, Dow futures dipped 25 points, indicating a negative open of more than 15 points. Futures on the S&P and Nasdaq were seen pointing in opposite directions.
· European stocks traded lower Tuesday morning as investors awaited a speech from European Central Bank President Mario Draghi, ahead of this week’s crucial...
· U.S. stocks ended nominally lower on Friday as investors awaited next week’s Federal Reserve meeting for signs of imminent easing, while the U.S.-Iran confrontation in the Gulf of Oman added to geopolitical uncertainty, sending oil prices higher.
Positive U.S. retail sales data helped boost the dollar and short-term Treasury yields.
The Dow Jones Industrial Average fell 17.16 points, or 0.07%, to 26,089.61, the S&P 500 lost 4.66 points, or 0.16%, to 2,886.98 and the Nasdaq Composite...
· European stocks traded slightly higher Monday as investors await this week’s crucial U.S. Federal Reserve meeting.
The pan-European Stoxx 600 nudged 0.1% higher after the opening bell, banks leading gains with a 0.9% jump while travel and leisure stocks dropped 0.8%.
· Asian shares wobbled near one-week lows on Monday as investors turned cautious ahead of a closely-watched Federal Reserve meeting, while political tensions in the Middle East and Hong Kong kept risk appetite in check...
· Stocks rose on Thursday on the back of strong gains in Disney and energy shares, building on this month’s sharp rally.
The Dow Jones Industrial Average climbed 101.94 points to 26,106.77 as Disney shares outperformed. The S&P 500 gained 0.4% to close at 2,891.64, led by the energy sector. The Nasdaq Composite advanced0.6% to 7,837.13.
Disney shares contributed to the gains, rising 4.4% after an analyst at Morgan Stanley raised his price target on the stock to $160 per share from $135...
· European stocks traded lower Friday as tensions heightened between the U.S. and Iran following attacks on two oil tankers in the Gulf of Oman on Thursday.
The pan-European Stoxx 600 was down 0.3% after the opening bell, tech stocks leading losses with a 0.8% drop as the majority of sectors traded in the red, with the exceptions of oil and gas and utilities.
· Asian stocks sagged on Friday ahead of key Chinese data that could provide more clues on how heavily the U.S.-Sino trade war is...
· Stocks fell for a second day on Wednesday, pressured by declines in tech and bank shares, pausing a sharp rally to start off June.
The Dow Jones Industrial Average dipped 43.68 points, or 0.2%, to 26,004.83 while the S&P 500 closed 0.2% lower at 2,879.84. The Nasdaq Composite lagged, sliding 0.4% to 7,792.72.
Market focus remained largely attuned to global trade developments on Wednesday, after President Donald Trump said Tuesday that he was holding up a trade deal with China and had no...
· European stocks opened lower again Thursday as U.K. lawmakers signaled the country is still open to leaving the European Union without a deal in place, a move which is bound to unnerve investors.
The pan-European Stoxx 600 fell 0.2% after the bell, with bank stocks leading the losses on a 0.9% slide while autos dropped 0.7%. Telecoms stocks were the strongest early performers, climbing 0.5%.
· Asian shares were led lower on Thursday as the Hong Kong market fell for second consecutive session...
· Stocks closed marginally lower on Tuesday, taking a breather after posting strong gains to start off June.
The Dow Jones Industrial Average ended the day down 14.17 points at 26,048.51, erasing a gain of 185.99 points. The S&P 500slipped less than 0.1% to 2,885.72 while the Nasdaq Composite finished just below breakeven at 7,822.57. The industrials sector was the biggest laggard in the S&P 500, dropping 0.9% as Raytheon shares declined by 5.1%.
· European stocks traded higher Tuesday after...
· U.S. stock index futures were slightly lower Wednesday morning, as the White House took a tough line on trade talks with China.
At around 04:00 a.m. ET, Dow futures slipped 58 points, indicating a negative open of more than 49 points. Futures on the S&P and Nasdaq were both seen slightly lower.
Market focus is largely attuned to global trade developments, after President Donald Trump said Tuesday that he was holding up a trade deal with China and had no interest in moving ahead unless Beijing...
· Stocks rose on Monday, extending last week’s big gains, after the U.S. reached an agreement with Mexico on tariffs, easing some of the trade concerns which have weighed on the market since early May.
The Dow Jones Industrial Average rose for a sixth straight session, finishing the day 78.74 points, or 0.3%, higher at 26,062.68. The S&P 500 gained about 0.5% at 2,886.73 and is now a little more than 2% from its intraday all-time high hit on May 1. The Nasdaq Composite rose 1.1% to 7...
· European stocks traded higher Tuesday after U.S. President Donald Trump told CNBC that immediate tariffs would be imposed on a further $300 billion of Chinese goods if President Xi does not attend this month’s G-20 meeting.
The pan-European Stoxx 600 rose 0.5% in the opening minutes of trading, basic resources jumping 2% while autos also climbed 1.6%. Utilities stocks dropped 0.4% in early deals.
Trump is set to meet with Xi at the G-20 summit, which is scheduled for June 28-29 in...
· Stocks jumped on Friday, building on strong weekly gains, as weak economic data increased the odds of easier monetary policy from the Federal Reserve.
The Dow Jones Industrial Average closed 263.28 points higher at 25,983.94, led by gains in Microsoft and Apple. The climbed 1% to 2,873.34 as the tech sector outperformed. The Nasdaq Composite gained 1.7%to 7,742.10.
· The U.S. economy added 75,000 jobs in May, marking the second time in four months that jobs growth totaled less than 100,000...
· U.S. stock index futures were slightly higher Monday morning as international trade continues to remain under focus.
At around 02:05 a.m. ET, Dow futures rose 64 points, indicating a positive open of more than 76 points. Futures of S&P and Nasdaq were also seen slightly higher.
· European markets opened higher Monday after U.S. President Donald Trump announced that proposed tariffs on Mexican imports would be suspended indefinitely.
The pan-European Stoxx 600 gained 0.2% after the opening...
· Stocks rose on Thursday as investors speculated that the U.S. and Mexico are getting closer to a resolution over immigration issues that would delay the tariffs threatened by President Donald Trump.
The Dow Jones Industrial Average gained 181.09 points to 25,720.66, bringing its gain for the week to more than 900 points and putting it on pace for its best week of the year. The S&P 500 rose 0.61% to 2,843.49 while the Nasdaq Composite gained 0.53% to 7,615.55.
· The talks between U.S. and...
· European stocks were in recovery mode on Friday after a cautious message from the European Central Bank hit investors’ appetite for risk in the previous session, with traders eyeing a U.S. jobs report and U.S. trade tussles with Mexico for fresh direction.
The pan-regional STOXX 600 index rose 0.6% by 0717 GMT, on track for its best weekly performance in two months. France’s CAC 40 outperformed its euro-peers with a 0.9%, helped by French pharma giant Sanofi.
· Asian shares were slightly...
· Stocks added to strong week-to-date performance on Wednesday as investors grew even more confident that the Federal Reserve will lower interest rates this year to reignite an economy wounded by trade battles.
The Dow Jones Industrial Average rose 207.39 points to 25,539.57, while the S&P 500 advanced 0.8% to 2,826.15. The Nasdaq Composite closed 0.6% higher at 7,575.48. The Dow surged more than 500 points on Tuesday — its second-best day of the year —after Fed Chair Jerome Powell opened...
· European stocks began Thursday’s session trading higher, as investors gear up for the latest decision from the European Central Bank.
The pan-European Stoxx 600 ticked 0.4% higher after the opening bell, chemicals topping early gains with a 0.8% rise, while only autos and telecoms traded in the red.
Investors in Europe are awaiting the latest decision from the ECB. The central bank is predicted to maintain guidance, on the likelihood of more stimulus.
Market watchers in particular...
· Stocks surged on Tuesday, climbing back from a big rout in the past month, after Federal Reserve Chairman Jerome Powell signaled the central bank was open to easing monetary policy to save the economy and as trade tensions eased amid comments by China and Mexico.
The Dow Jones Industrial Average surged 512.40 points, or 2.1% to 25,332.18. The S&P 500 jumped 2.1% to 2,803.27 and the Nasdaq Composite surged 2.7% to 7,527.12. The major indexes had their second-best day of 2019.
Stocks finished...
· U.S. stock index futures were slightly higher on Wednesday morning, after Wall Street delivered its second best day of trade for 2019 in the previous session.
At 3:00 a.m. ET, Dow futures were up 34 points, pointing to a higher open of more than 43 points. Futures on S&P 500 and Nasdaq were higher too.
Meanwhile, trade turmoil continues to shake up market sentiment. During his state visit to the U.K., President Donald Trump doubled down on his recent tariff threat on Mexico, telling reporters...