|Day's range||5,367.60 - 5,396.47|
|52-week range||4,995.07 - 5,657.44|
European markets were higher Thursday morning amid growing tensions in the oil market ahead of an OPEC meeting that could expand crude production.
Asian stock markets mostly rose Thursday as concern fades over the trade tensions between the U.S. and China. Uncertainty remains, but the original tariff threats made earlier in the week were not followed ...
The S&P 500 gained six points or 0.25% to 2,769.56 as of 9:41 AM ET (13:41 GMT) while the Dow composite increased 26 points or 0.11% to 24,664.33 and tech heavy NASDAQ Composite rose over 40 points or 0.52% to 7,766.07.
Tobacco stocks rise on ratings callTobacco stocks were rising Wednesday. European stocks on Wednesday bounced off a nearly three-week low, staging a recovery as traders came to terms with the further deterioration in the trade relationship between the U.S. and China that sent equities world-wide tumbling in the prior session. A measure of calm was returning to equity markets, even though the U.S. and China were still locking horns on trade issues.
The Nasdaq led as stocks rebounded briskly at Wednesday's open, after positive currency moves by China's central bank triggered gains across global markets. Winnebago[ticker symb=WGO] and Walgreens Boots[ticker symb=WBA] were early leaders. Netflix[ticker symb=NFLX] and Facebook[ticker symb=FB] took early leads among big tech names. Oracle's[ticker symb=ORCL] stock futures fell hard on earnings news. 21st Century Fox[ticker symb=FOX] and Walt Disney[ticker symb=DIS]...
Investing.com – U.S. futures were higher on Wednesday as trade tensions died down.The S&P 500 futures were up 10 points or 0.36% to 2,776.25 as of 6:45 AM ET (10:45 GMT) while Dow futures increased 127 points or 0.51% to 24,842.0. Meanwhile tech heavy Nasdaq 100 futures rose 26 points or 0.36% to 7,278.25.Trade tensions between the U.S. and China still remained on the back of investors minds, as the two largest economies in the world faced a tit-for-tat over trade tariffs.Stocks tumbled on Tuesday after U.S. ...
European stocks finished trading mostly in the black on Wednesday, although elevated fears of a full-blown Sino-U.S. trade war continued to linger.
Following a weak performance for four weeks, the United Kingdom’s FTSE 100 Index started this week on a weaker note and declined in the first two trading days of the week. However, the FTSE 100 Index opened higher on June 20 and was trading with strength in the morning session.
Tit-for-tat tariff threats unsettle marketsAFP/A Chinese worker polishes steel at an offshore oil engineering platform in China’s Shandong province. Investors knocked European stocks to a near three-week low Tuesday, after U.S. President Donald Trump indicated his administration was looking to hit China with further tariffs on $200 billion in imported goods, ramping up trade tensions between the world’s two largest economies.
The S&P 500 was down 20 points or 0.75% to 2,753.08 as of 9:38 AM ET (13:38 GMT) while the Dow composite decreased 323 points or 1.29% to 24,664.33 and tech heavy NASDAQ Composite fell over 57 points or 0.74% to 7,689.58.
European equities finished Tuesday's session in the red, as market-watchers continued to show concern over the possibility of a trade war between the U.S. and China.
The top White House trade adviser, Peter Navarro, says Beijing "may have underestimated the resolve of President Donald J. Trump" by refusing to meet U.S. demands on trade and by threatening to retaliate against American trade sanctions. Navarro, known for his hard-line approach to China, still says the U.S. is open to talks to resolve the dispute before it imposes tariffs on up to $450 billion in Chinese products. Navarro also disputes any notion that the trade standoff would damage the broader relationship with China.
Investing.com – U.S. futures slumped on Tuesday as trade war tensions escalated.The S&P 500 futures was down 30 points or 1.10% to 2,749.25 as of 6:45 AM ET (10:45 GMT) while Dow futures decreased 328 points or 1.31% to 24,688.0. Meanwhile tech heavy Nasdaq 100 futures fell 76 points or 1.04% to 7,200.00Trade tensions between China and the U.S. continued, as the two largest economies in the world faced a tit-for-tat over global trade tariffs.In the latest spat, U.S. ...
Rising threats of retaliatory tariffs sent global markets sprawling Tuesday. Boeing and American Express posted the Dow's heaviest early losses. China-based stocks were worst hit across much of the market.
After declining for four consecutive trading weeks, the United Kingdom’s FTSE 100 Index started this week on a weaker note. Carrying forward the weakness, the FTSE 100 Index opened lower on June 19 and was trading with weakness at five-week low price levels in the morning session.
The euro-dollar (FXE) exchange rate declined 1.4% for the week ending June 15. The ECB’s (European Central Bank) monetary policy statement made it clear that there won’t be any interest rate changes at least until the summer of 2019. Another major announcement was that the ECB will end its quantitative easing program by the end of 2018. Clear communication from the ECB removed all of the speculations about a rate hike, which led to increased policy divergence between the US and the ECB. Last week, there was a sharp decline in the euro.
France’s reformist president Emmanuel Macron “has been very lucky”, said Tristan Perrier, an economist at Amundi Asset Management. Eurozone growth has picked up since his election, while Mr Macron occupies “a very strong parliamentary position”, in contrast to Germany, Italy and Spain: “This improves France’s perception in financial markets,” added Mr Perrier.
According to Markit Economics, Spain’s service PMI rose marginally month-over-month in May, to 56.4 from 55.6. It beat the market estimate of 56.1 but marked its weakest expansion since December 2017.
The S&P 500 was down 20 points or 0.74% to 2,758.94 as of 9:38 AM ET (13:38 GMT) while the Dow composite decreased 235 points or 0.94% to 24,855.30 and tech heavy NASDAQ Composite fell over 61 points or 0.79% to 7,685.17.
European stock markets finished in the red Monday, as Angela Merkel’s tenure as Germany’s chancellor came under threat and the trade conflict between the U.S. and China remained in focus. Germany’s DAX 30 index (^GDAXI) fell 1.4% to end at 12,834.11, while France’s CAC 40 (^FCHI) gave up 0.9% to finish at 5,450.48. Trade tensions remained in the spotlight after China announced plans for retaliatory tariffs on U.S. goods worth $34 billion, including soybeans, whiskey and electric cars.
According to Markit Economics, France’s service PMI weakened month-over-month in May, falling to 54.3 from 57.4. It met the market estimate of 54.2.
BEIJING (AP) — Asian stocks tumbled Tuesday after U.S. President Donald Trump escalated a dispute with Beijing over technology policy by threatening a tariff hike on additional Chinese goods.
Investing.com – U.S. futures were lower on Monday as rising trade tensions between the U.S. and China continued to weigh on investors.The S&P 500 futures was down 16 points or 0.58% to 2,786.25 as of 6:45 AM ET (10:45 GMT) while Dow futures decreased 176 points or 0.70% to 24,933.0. Meanwhile tech heavy Nasdaq 100 futures fell 50 points or 0.69% to 7,231.25.On Friday U.S. President Donald Trump announced a 25% tariff on 818 different Chinese goods worth $34 billion beginning on July 6. China promptly retaliated with a 25% tariff on U.S. ...
Stocks slid lower Monday as global markets remained rattled by the U.S.-China trade standoff. China stocks were highly active, however, led by JD.com.
Drops across European bourses accelerated in mid-afternoon action on Monday, with investors increasingly nervous over deepening trade disputes. Just after 1pm in London, the pan-European Stoxx 600 gauge ...