Tag: stock

Tokyo stocks open higher after falls on geopolitical risks

TOKYO, Japan (AFP) — Tokyo stocks opened higher on Monday in position-adjustment after investors sold heavily Friday in the wake of Barcelona’s deadly attack and amid concerns over United States President Donald Trump’s economic agenda. The benchmark Nikkei 225 index gained 0.16 percent, or 30.37 points, to 19,500.78 in the first few minutes of trade while the Topix index of all first-section issues was up 0.19 percent, or 2.98 points, at 1,600.34. Global stock markets […]

US stocks tumble on Trump woes, Spain attack

NEW YORK, United States (AFP) — US stocks fell sharply on Thursday as a deadly attack in Spain added to existing unease over President Donald Trump’s agenda amid the latest controversy and the split with business leaders. Wall Street stocks were in the red all session, initially due to anxiety over rumors White House economic adviser Gary Cohn would resign due to unhappiness over Trump’s response to a violent rally by racist groups over the […]

Calm returns to Asia markets as US data boosts dollar

HONG KONG, China (AFP) — Calm returned to Asian markets Wednesday, with equities stabilizing after a two-day rally, as the dollar strengthened on encouraging United States economic data. Volatility eased as traders focused on the world economy and corporate earning figures after a week dominated by the dramatic increase in tensions over North Korea triggered a global sell-off before prices bounced back Monday. The greenback rose after official figures showed US consumers splurged in July, […]

Global stocks extend rally as North Korea fears wane

NEW YORK, United States (AFP) — World stock markets mostly rose Tuesday, extending the previous day’s rally as fears receded over a potential clash between the United States and North Korea. Investors have cashed out of haven assets, like gold and the Japanese yen, and ploughed back into riskier assets like equities, with the US dollar also gaining ground. Asian stocks extended a relief rally into a second day, after Pyongyang appeared to put on […]

Tokyo stocks open higher on US jobs data

TOKYO, Japan (AFP) — Tokyo stocks opened higher on Monday after rosy United States jobs numbers provided relief to investors on the prospects for the world’s biggest economy. The benchmark Nikkei 225 index rose 0.55 percent, or 108.84 points, to 20,061.17 in the first minute of trade while the Topix index of all first-section shares was up 0.55 percent, or 9.05 points, at 1,640.50. The US economy continued robust job creation in July, with the […]

Tokyo stocks open lower

TOKYO, Japan (AFP) — Tokyo stocks opened lower on Monday as the yen firmed after below-expectation United States economic growth data. The benchmark Nikkei 225 index slipped 0.22 percent, or 44.45 points, to 19,915.39 in the first few minutes while the Topix index of all first-section issues was down 0.25 percent, or 4.07 points, at 1,617.15. © Agence France-Presse

Asia markets up but dollar struggles as US rate prospects fade

HONG KONG, China (AFP) — Major Asian markets gained Thursday but the dollar struggled after the previous day’s losses when the Federal Reserve’s tepid inflation outlook fueled speculation it will hold off further United States rate hikes this year. Regional traders tracked fresh Wall Street records on optimism about corporate earnings as a host of big names disclosed results Tokyo, Hong Kong and Sydney all rose while Seoul was boosted by Samsung Electronics forecast-beating, record-breaking […]

Wall Street ends mixed as Nasdaq sets new record

NEW YORK, United States (AFP) — Wall Street finished split on Monday, with the Dow and S&P 500 lower, while the Nasdaq closed at a fresh all-time high. The tech-heavy Nasdaq was drawn higher in anticipation of earnings from Google-parent Alphabet after the close, which handily beat analyst expectations, but saw its share price fall in after-hours trading. The Nasdaq rose 0.4 percent to reach a new record finish at 6,410.81, the fourth record in […]

US stocks dip on lower oil, earnings, ending Nasdaq streak

NEW YORK, United States (AFP) — Wall Street stocks fell modestly Friday on mixed earnings and lower oil prices, ending Nasdaq’s streak of 10 straight gains that included three straight closing records. Petroleum-linked shares including Dow member Chevron and Halliburton fell as oil prices dropped on worries about excess supply. General Electric was the biggest loser in the Dow, tumbling 2.9 percent after signaling it expects 2017 earnings to be on the low end of […]

Dollar, stocks down as Trump health care blow fuels tax concerns

HONG KONG, China (AFP) — The dollar sank with most Asian equities Tuesday as two Republican senators rejected their party’s bill repealing Obamacare, effectively killing it and throwing Donald Trump’s economic agenda into doubt. Global markets soared for months after Trump’s November election on hopes his big-spending, tax-cutting policies would fire the world’s top economy. But an ongoing crisis surrounding the White House has hobbled the tycoon’s presidency, with opposition to his controversial health care […]

Tokyo stocks down at break as exporters, banks fall

TOKYO, Japan (AFP) — Tokyo stocks ended Tuesday morning in negative territory as a strong yen hit exporters and banks following a three-day weekend in Japan. The benchmark Nikkei 225 index fell 0.63 percent, or 127.00 points, to 19,991.86 by the break, falling below the key 20,000 level, while the Topix index of all first-section issues was down 0.56 percent, or 9.14 points, to stand at 1,616.34. © Agence France-Presse

London stock market wins China boost

NEW YORK, United States (AFP) — London’s stock market rebounded Monday, with miners buoyed by solid Chinese economic growth figures, while eurozone indices were steady to slightly lower. Asia equities mostly increased in value following another record close on Wall Street before the weekend. United States stocks were essentially flat to start the week, with the Dow and S&P 500 retreating a bit from Friday’s records, but the the Nasdaq edging higher ahead of a […]