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HONG KONG, China (AFP) — Shares in Tokyo and Sydney rose Wednesday in another holiday-thinned trading day as investors tracked a positive lead from Wall Street but there was little movement after Donald Trump’s State of the Union address. With most of the region off for the Lunar New Year break there were few catalysts to drive business. Trump’s annual address touched on a number of issues including the China trade war, North Korea, the […]
NEW YORK, United States (AFP) — Wall Street stocks finished a banner month on a mostly positive note Thursday on optimism over US-China trade relations, while European bourses were pressured following tepid economic data. The Dow finished the session a hair lower, but up 7.2 percent for all of January, in its best start to the year in 30 years. The S&P 500 and Nasdaq finished solidly higher as Wall Street continued to cheer the […]
NEW YORK, United States (AFP) — Wall Street stocks tumbled Monday at the start of a heavy week for earnings that began with disappointing reports from Caterpillar and others. The Dow Jones Industrial Average dropped 0.9 percent to close the session at 24,528.22. The broad-based S&P 500 shed 0.8 percent to end at 2,643.85, while the tech-rich Nasdaq Composite Index fell 1.1 percent to 7,085.68. Dow member Caterpillar, an industrial company seen as a proxy […]
HONG KONG, China (AFP) — Asian markets fell Tuesday as the charging of Chinese giant Huawei in the US cast a shadow over upcoming trade talks, while investors were also tracking a Wall Street sell-off fuelled by concerns corporate profits. A busy week across the globe got off to a nervous start Monday after industrial giant Caterpillar and chip company Nvidia projected worse-than-expected results for 2019, citing ongoing weakness in China. The announcements from two […]
TOKYO, Japan (AFP) — Tokyo stocks opened higher on Thursday with investor sentiment buoyed by gains on Wall Street and a lower yen. The benchmark Nikkei 225 index rose 0.52 percent or 105.36 points to 20,548.11 in early trade while the broader Topix index was up 0.56 percent or 8.54 points at 1,546.31. “Risk appetite picked up on rises in US shares, correcting excessive pessimism at the year-end,” said Mutsumi Kagawa, chief global strategist at […]
TOKYO, Japan (AFP) — Tokyo stocks opened higher on Friday, following rallies on Wall Street as investor sentiment improved but trade is seen to be cautious ahead of a long weekend. The benchmark Nikkei 225 index was up 0.83 percent or 167.24 points at 20,331.04 in early trade, while the broader Topix index gained 0.79 percent or 12.07 points at 1,534.08. “Japanese shares are seen performing in a steady manner in early trade, tracking rises […]
NEW YORK, United States (AFP) — Wall Street crumbled again on Monday while other global stocks mostly fell as a wave of bad feeling about economic growth swept over investors. US President Donald Trump lambasted the Federal Reserve again, calling on the central bank not to raise interest rates a day before policymakers are due to meet. Markets widely expect the Fed to ignore the political pressure and announce its fourth rate hike of 2018. […]
HONG KONG, China (AFP) — Asian markets mostly fell Tuesday following a sharp retreat on Wall Street fueled by increasing worries about the global economy, while investors await the Federal Reserve policy meeting this week. A much-anticipated speech by President Xi Jinping left investors crestfallen as they had been hoping for comments about stimulus or even clues about possible reforms to China’s economy and plans for the next year. After a broadly upbeat start to […]
NEW YORK, United States (AFP) — Wall Street stocks finished higher on Wednesday due to improved hopes for the US-China trade talks. The Dow Jones Industrial Average added 0.6 percent at 24,527.27. The broad-based S&P 500 advanced 0.5 percent to 2,651.07, while the tech-rich Nasdaq Composite Index jumped 1.0 percent to 7,098.31. Wall Street stocks have been volatile in recent weeks in part due to unpredictable and ambiguous events connected to the Beijing-Washington trade negotiations. […]
NEW YORK (AFP) — Wall Street stocks were mixed early Monday as US markets sought to recover from last week’s rout amid worries over trade wars and slowing US growth. About 15 minutes into trading, the Dow Jones Industrial Average was down 0.2 percent at 24,331.19. The broad-based S&P 500 slipped 0.1 percent to 2,630.96, while the tech-rich Nasdaq Composite Index gained 0.5 percent to 7,002.90. Major US indices had fallen the most last week […]
HONG KONG, China (AFP) — Asian markets fell Wednesday following a rout on Wall Street, as investors were bombarded by a “perfect storm” of problems from trade to Brexit that erased the positivity seen at the start of the week. The glum mood overshadowed hints from Donald Trump at more time to resolve the China-US trade row, as well as soothing comments from China about their desire to push on with a weekend agreement between […]
NEW YORK, United States (AFP) — A global stocks rally faded on Thursday as the European Union warned of slowing growth and Wall Street pulled back from a post-election bounce. Meanwhile, fears of higher oil supply sent prices into a bear market, or a 20 percent decline from last month’s high, which weighed on oil-related stocks. The dollar strengthened against major rivals after Wednesday’s selloff in the wake of the key US midterm elections. London […]
