|Day's range||20,438.22 - 20,686.29|
|52-week range||18,948.58 - 24,448.07|
World stock markets were subdued Wednesday as news of possible hiccups in U.S.-China trade talks ratcheted up growth worries. KEEPING SCORE: Germany's DAX was up 0.1 percent to 11,102 and the CAC 40 in France rose 0.3 percent to 4,860. The future contract for the Dow Jones industrial average was 0.5 percent higher while that for the S&P 500 was up 0.3 percent.
Tokyo stocks recovered from earlier losses to end almost flat Wednesday, as the dollar firmed while investors searched for new cues. The benchmark Nikkei 225 index ended down just 0.14 percent, or 29.19 points, at 20,593.72, while the broader Topix index fell 0.60 percent, or 9.40 points, to 1,547.03. Tokyo shares began trading in the red, touching the day's low of 20,438.22 a minute after the opening bell, after Wall Street shares ended down.
Tokyo stocks recovered from earlier losses to end almost flat Wednesday, as the dollar firmed while investors searched for new cues. The benchmark Nikkei 225 index ended down just 0.14 percent or 29.19 ...
Traders are following up on an a report from the Financial Times which said the U.S. had canceled a trade meeting with Chinese officials, scheduled for later this month. The Treasury Department and the U.S. trade representative’s office did not respond to requests for comment. However, White House economic advisor Larry Kudlow denied that an official meeting had been canceled.
Tokyo stocks opened lower on Wednesday as concerns over the US-China trade war resurfaced. The White House on Tuesday said high-level trade talks with Beijing were proceeding uninterrupted, quickly rebutting media reports that progress toward resolving their trade war had faltered. Chinese Vice Premier Liu He is to meet his US counterparts in Washington next week as the two sides work to resolve their trade disagreements by March 1, when a 90-day truce is due to expire, allowing US import duties on Chinese goods to increase sharply.
More than 100 big-name S&P 500 companies are expected to release earnings reports this week. The major US indices were down -0.60% to -0.80% in the early pre-market session. The EU markets were down an average -0.50% in early morning trading as Davos Depression sinks in.
Tokyo stocks shed early gains and closed down on Tuesday as the yen strengthened and amid worries over Brexit and the US government shutdown. The benchmark Nikkei 225 index lost 0.47 percent, or 96.42 points, to 20,622.91, while the broader Topix index was down 0.63 percent, or 9.94 points, at 1,556.43. Tokyo shares had opened higher as a weak yen offset concerns over stalled Brexit talks and the month-long US government shutdown.
It’s risk off early in the day, growth forecast revisions by the IMF and central banks coming amidst softer GDP numbers.
Tokyo stocks opened modestly higher in cautious trade Tuesday amid lingering worries over Brexit and the US government shutdown, with a cheaper yen providing some support to the market. "As worries over the development of Brexit talks linger and there is no prospect of a solution to the US government shutdown, it is difficult to actively seek higher share prices," Yoshihiro Ito, chief strategist at Okasan Online Securities, said in a commentary.
World stocks were subdued Monday after China reported its slowest economic expansion in 30 years and the International Monetary Fund cut its forecasts for global growth this year. KEEPING SCORE: Germany's ...
The benchmark Nikkei 225 index rose 0.26 percent or 53.26 points to 20,719.33 while the broader Topix index was up 0.56 percent or 8.78 points at 1,566.37. "A set of positive factors -- hopes for progress in US-China trade talks, rallies on Wall Street and a relatively weak yen -- were all behind the gain," said Toshikazu Horiuchi, a broker at IwaiCosmo Securities. China said Monday its economy grew at its slowest pace in almost three decades in 2018, losing more steam in the last quarter.
With a Plan B seemingly in the wind, Theresa May could be in hot water later today, with Parliament getting restless.
Tokyo stocks opened higher on Monday, extending global rallies on Friday as optimism grew over a breakthrough in efforts to defuse a US-China trade war. The benchmark Nikkei 225 index rose 0.86 percent, or 177.53 points, to 20,843.60 in early trade while the broader Topix index was up 0.91 percent, or 14.11 points, at 1,571.70. Investors were awaiting a set of economic indicators in China due later in the day "to see the potential impact from the trade frictions after China's exports and imports both shrank in December", said Tsuyoshi Nomaguchi, strategist at Daiwa Securities.
Foxconn, Apple’s main iPhone supplier, saw December sales fall more than 8 per cent on the previous year as Taiwan’s technology sector contracted year on year for the first time in 10 months. Taiwan’s iPhone suppliers are feeling the effects of Apple’s struggle to stir demand for its newest products. December revenues recorded by 19 Taiwanese tech companies tracked by the Nikkei Asian Review saw a 1.32 per cent drop on the year to NT$1.22tn (US$39bn), ending a consistent year-on-year rise since February.
U.S. stocks climbed Friday, notching their fourth consecutive week of gains, as the fears of an economic slowdown that gripped markets in December have subsided in the new year. Data showing a healthy labor market, as well as signals from central bankers that the Federal Reserve will be flexible with monetary policy, have offered relief to investors who were spooked late last year that the Fed’s pace of interest-rate increases could jolt an economy on shaky footing. “Investor sentiment has really improved from the turmoil just before Christmas,” said Brian Jacobsen, multisector strategist at Wells Fargo Asset Management.
BEIJING (AP) — Global stocks rose Friday after investors saw signs of possible progress toward a resolution of the U.S.-Chinese tariff war.
Tokyo stocks closed higher on Friday, tracking gains on Wall Street as investors took heart from a report the US could lift trade tariffs on China. "Expectations that US-China trade friction would ease spread on the markets... Investors bought back Japanese shares following gains on Wall Street," Okasan Online Securities said in a note. The dollar fetched 109.36 yen in Asian trade, against 109.19 yen in New York late Thursday.
The Wall Street Journal reported on Thursday that Treasury Secretary Steven Mnuchin proposed lifting all or some of the tariffs on China in order to advance trade discussions.
U.S. stocks flipped between small gains and losses Thursday after two sessions of advances as investors parsed a raft of earnings reports and trade developments. Trade and other political uncertainties have helped depress investor sentiment in recent months, given the potential implications for economic growth and corporate supply chains. Among decliners, shares of Morgan Stanley fell 4.5% after the bank’s fourth-quarter profit missed expectations. The company’s lows of the day had put the stock on pace for its largest percentage loss since June 2016.
A weak earnings report from Morgan Stanley had US futures down about -0.35% in the early pre-market session. The UK FTSE 100 was the biggest loser in early Thursday trading, down more than -0.80% at midday. In Asia, the Hang Seng led the losses as traders and investors take advantage of the liquidity event.
Tokyo stocks closed lower Thursday, weighed down by a firming yen, but banking shares gained to provide some support for the overall market. The benchmark Nikkei 225 index dropped 0.20 percent, or 40.48 ...
Tokyo stocks closed lower Thursday, weighed down by a firming yen, but banking shares gained to provide some support for the overall market. The benchmark Nikkei 225 index dropped 0.20 percent or 40.48 ...
Tokyo stocks opened higher on Thursday with investor sentiment buoyed by gains on Wall Street and a lower yen. "Risk appetite picked up on rises in US shares, correcting excessive pessimism at the year-end," said Mutsumi Kagawa, chief global strategist at Rakuten Securities. The safe-haven yen fell accordingly, improving sentiment further.
China's central bank pumped almost $83 billion into its banking system in a single day, which eased concerns over a potential funding squeeze in the economy ahead of a major festive season, analysts said.
A round of better than expected bank earnings has the US equity futures moving higher in the early morning session. The financial sector led the EU market at midday with gains averaging 1.0%. The Shanghai Composite closed with no movement, 0.0%, for the day while the Hong Kong Heng Seng and Shenzen markets both saw small gains.