Tag: stock

Tokyo stocks open higher on optimism over US economy

TOKYO, Japan (AFP) — Tokyo stocks opened higher on Wednesday after fresh records on Wall Street as optimism over the US economy lifted Japanese carmakers. The benchmark Nikkei 225 index rose 0.22 percent, or 45.82 points, to 20,659.89 in early trade while the broader Topix index was up 0.17 percent, or 2.88 points, at 1,687.34. © Agence France-Presse

Wall Street stocks end at fresh records as US car sales jump

by John Biers Agence France Presse NEW YORK, United States (AFP) — all Street stocks finished at records again Tuesday as a surge in automobile sales following US hurricanes kept the bull market alive. All three major US equity indices notched records for the second straight day, while European and Asian markets also mostly rose as Ford, General Motors and other automakers reported September car sales spike after Hurricanes Harvey and Irma forced consumers to […]

Global stocks finish 3rd quarter on upbeat note

by Roland Jackson Agence France Presse NEW YORK, United States (AFP) — Global stocks mostly rose Friday, with Wall Street scoring fresh records, amid upbeat sentiment over growth and the upcoming third-quarter corporate reporting season. Both the S&P 500 and Nasdaq ended at records, with technology shares especially strong. Money managers have been cheered by the release of President Donald Trump’s tax cut plan, as well as expectations of solid earnings. Analysts estimate companies in […]

Japan economic data boost PM Abe ahead of vote

by Kyoko Hasegawa Agence France Presse TOKYO, Japan (AFP) — A raft of broadly positive economic data gave Japan’s Prime Minister Shinzo Abe a boost on Friday, as he kicked off an election campaign in which the health of the world’s third-biggest economy will play a major role. Factory output grew more than expected while household spending — seen as key for Japan’s exit from years of deflation — edged up and the unemployment rate […]

Global stocks mostly fall on German election, North Korea worries

by Ben Perry Agence France Presse NEW YORK, United States (AFP) — Global stocks mostly fell Monday and the euro tumbled on unease over the German election outcome and the increasingly hostile war of words between Washington and Pyongyang over North Korea’s nuclear program. Investors worried about looming political infighting in Germany after an election that won Angela Merkel a fourth term as chancellor, but also gave a hard-right opposition party parliamentary seats for the […]

Tokyo’s Nikkei tops 20,000 as exporters rise on weak yen

TOKYO, Japan (AFP) — Tokyo’s benchmark Nikkei index rose past 20,000 for the first time in six weeks on Tuesday after Wall Street edged up to a new record close and a weak yen lifted exporters. The bellwether Nikkei 225 index climbed 1.12 percent, or 223.25 points, to 20,132.75 in early trade, breaching the barrier of 20,000 for the first time since early August. The broader Topix index was up 1.01 percent, or 16.58 points, […]

US stocks end at records; Strong pound weighs on FTSE

NEW YORK, United States (AFP) — World stock markets mostly rose Tuesday, with Wall Street scoring fresh records as concerns over North Korea and US hurricanes faded, but London dipped as strong inflation data sent the pound to a one-year dollar peak. All three major US indices pushed to fresh records, with the S&P 500 notching a second straight peak, propelled by financial shares after bond yields rallied. Frankfurt and Paris equities also gained as […]

Tokyo stocks open higher on upbeat data, weak yen

TOKYO, Japan (AFP) — Tokyo stocks opened higher Monday on upbeat Japanese data and a weaker yen, with the North Korea crisis in focus as the US pushes for a UN Security Council vote on tough new sanctions against the nuclear-armed state. The benchmark Nikkei 225 index rose 0.89 percent, or 171.86 points, to 19,446.68 in early trade while the broader Topix index was up 0.89 percent, or 14.16 points, at 1,607.70. “Players are relieved […]

US stocks mostly down as deadly storm Irma looms

NEW YORK, United States (AFP) — Wall Street stocks finished mostly lower Friday, with technology shares especially weak, as markets girded for a second major US hurricane in less than two weeks. Florida’s highways were jammed with families fleeing their homes as Hurricane Irma honed in on the Sunshine State after killing at least 17 people across the Caribbean. “With this Irma storm bearing down on Florida, it is creating a lot of near term […]

Asian traders cautious after sell-off as N. Korea tensions linger

HONG KONG, China (AFP) — Asian markets struggled on Tuesday while the safe-haven yen and gold held gains as traders fret over North Korea’s nuclear test at the weekend, which prompted warnings of US military action. The US ambassador to the United Nations Nikki Haley told an emergency Security Council meeting that Pyongyang was “begging for war” and called for the “strongest possible measures” against Kim Jong-Un’s regime. Also, US President Donald Trump and his […]

Tokyo stocks open higher with eyes on US data

TOKYO, Japan (AFP) — Tokyo stocks opened higher Friday, tracking gains on Wall Street as worries subsided over Hurricane Harvey and North Korea, with investors awaiting US jobs data later in the day. Trade would be cautious ahead of the release of US data including key jobs figures Friday, analysts said. The dollar fetched 110.10 yen in early Asian trade, from 109.97 yen in New York. “The market is closely watching” the US nonfarm payrolls […]

Asian markets start week cautiously

HONG KONG, China (AFP) — Asian traders moved cautiously Monday with turmoil in the White House fueling concerns about Donald Trump’s economic agenda, as a central bankers’ summit comes into view later in the week. While tensions over North Korea have eased, the deadly terror attack in Barcelona on Thursday is keeping focus on geopolitical issues. United States dealers provided a negative lead for their Asian counterparts, with all three main New York indexes ending […]