Tag: Wall Street

Tokyo stocks open higher tracking gains in US

TOKYO, Japan (AFP) — Tokyo shares opened higher on Wednesday, tracking gains on Wall Street with a weaker yen supporting the market, while Sony was set to rally after forecasting record annual profits. The benchmark Nikkei 225 index edged up 0.57 percent, or 126.46 points, to 22,138.07 in early trade while the broader Topix index was up 0.54 percent, or 9.47 points, at 1,775.43. © Agence France-Presse

Asian markets muted ahead of earnings reports, Fed decision

HONG KONG, China (AFP) — Asian stocks markets were largely flat in early trade on Monday as investors braced for key earnings reports and US President Donald Trump’s announcement of the new Federal Reserve chair. Hong Kong and Tokyo shed early gains after traders — boosted by strong US growth data at the back end of last week — had initially followed Wall Street upward, while the Shanghai exchange was more sharply down. Wall Street […]

Dow ends at fresh record as markets await ECB

NEW YORK, United States (AFP) — Wall Street roared back into record territory Tuesday following strong earnings from leading industrial companies, while European equities edged higher ahead of a key ECB meeting. The Dow Jones Industrial Average jumped to its sixth record in seven sessions following huge gains by Caterpillar and 3M following strong earnings. The Dow’s 0.7 percent rise came one day after US equities had faltered in a rare pullback from a record-rich […]

Tokyo stocks open higher on hopes for corporate results

TOKYO, Japan (AFP) — Tokyo stocks opened higher Tuesday, tracking gains on Wall Street with investors beginning to price in bullish expectations for sound corporate results as earnings season gets underway. The Nikkei 225 index, which has risen for the past 10 consecutive sessions, edged up 0.49 percent, or 104.60 points, to 21,360.16 in early trade. The broader Topix index was also higher by 0.45 percent or 7.75 points, at 1,726.93. The earnings season starting […]

Tokyo stocks up by break after Wall Street gains

TOKYO, Japan (AFP) — Tokyo stocks rose Monday morning, tracking gains on Wall Street as the benchmark Japanese index extended buying sentiment after ending at a fresh two-decade high last week, but scandal-hit Kobe Steel slipped further. The Nikkei 225, which closed at its highest level since November 1996 on Friday, rose 0.63 percent, or 132.94 points, to 21,288.12 by the break, while the broader Topix index was up 0.90 percent, or 15.45 points, at […]

US stocks rise on strong retail sales; Europe mixed

by John BIERS Agence France Presse NEW YORK, United States (AFP) — Wall Street stocks rose Friday, with the Nasdaq inching up to a fresh record, following data showing strong US retail sales in September. Meanwhile, Europe’s major stock markets were mixed at the end of the trading session, while oil prices advanced after President Donald Trump announced he was “decertifying” the Iran nuclear deal, throwing into doubt an agreement that was expected to boost […]

Spanish stocks rebound as Wall Street hits fresh records

NEW YORK, United States (AFP) — The Madrid stock market rebounded Thursday as the Spanish government moved to block a move by Catalonia to declare independence, while Wall Street stocks surged once again to fresh records ahead of key US jobs data. The Spanish capital’s benchmark IBEX 35 shares index jumped 2.5 percent, largely offsetting the previous day’s 3.0-percent slump. Trade was more muted elsewhere in Europe, with Frankfurt dipping, while Paris and London posted […]

Tokyo stocks flat at break despite Wall St. records

TOKYO, Japan (AFP) — Tokyo’s benchmark stock index ended flat Thursday morning, losing most of its early gains as profit-taking overshadowed fresh records on Wall Street and a cheaper yen. The Nikkei 225 ticked up 6.41 points to 20,633.07 by the lunch break, after closing at its highest level in more than two years on Wednesday. Tokyo’s broader Topix index reversed course to end the session down 0.07 percent, or 1.14 points, at 1,683.42. The […]

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 […]

Global stocks rally on easing tensions before Fed

NEW YORK, United States (AFP) — Global stocks ran the table on Monday, rising in New York, Europe and Asia on a mix of optimism, resilient oil prices and renewed calm on the Korean peninsula. Wall Street eked out fresh record closes in advance of this week’s Federal Reserve meeting, which is expected to announce a drawdown of its massive bond holdings, sending bond yields higher. Despite Friday’s North Korea missile test, the second in […]

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 […]