|Day's Range||5,501.88 - 5,560.62|
|52 Week Range||4,995.07 - 5,657.44|
NEW YORK (AP) — U.S. stocks closed out a whirlwind week with a modest loss Friday as markets gauged how much to fret about the Trump administration's decision to step up the trade dispute between the world's two biggest economies.
Bank stocks fall after ECB callGetty A container ship from China Shipping Line is loaded at the main container port in Hamburg, Germany. The broader Stoxx Europe 600 Index (^STOXX) fell 1% to 389.13, topped by the consumer goods and industrial sectors. Germany’s DAX 30 index (^GDAXI) retreated by 0.7% to 13,010.55, but posted a 1.9% weekly advance, and Spain’s IBEX 35 (^IBEX) dropped 1.1% to 9,851, but held on to a 1.1% weekly climb.
The S&P 500 was down 11 points or 0.41% to 2,771.16 as of 9:38 AM ET (13:38 GMT) while the Dow composite decreased 181 points or 0.72% to 24,993.69 and tech heavy NASDAQ Composite fell over 39 points or 0.51% to 7,721.38.
The pan-European Euro Stoxx 600 closed down by 0.8 percent, with all major bourses and most sectors in negative territory. This followed a rally in the Thursday session fueled by news from the European Central Bank on the future of its bond-buying program. Rolls Royce led the gains, up by about 8 percent.
Investing.com – U.S. futures slumped on Friday as trade tensions between the U.S. and China escalated.The S&P 500 futures was down 11 points or 0.42% to 2,776.75 as of 6:45 AM ET (10:45 GMT) while Dow futures decreased 152 points or 0.60% to 25,058.0. Meanwhile tech heavy Nasdaq 100 futures fell 19 points or 0.26% to 7,292.25.U.S. President Donald Trump announced tariffs on $50 billion of Chinese goods, with a list of 800 products expected to revealed on Friday. It is unclear what goods will be impacted and when the tariffs will go into effect. ...
The United Kingdom’s FTSE 100 Index closed higher on Thursday and broke the two-day losing streak. Carrying forward the strength, the FTSE 100 Index opened higher on June 15 and was trading with mixed sentiment in the morning session.
European stocks jumped, while the euro slumped against the dollar after the ECB indicated that it will not raise interest rates before summer 2019.
The Nasdaq commanded the upside again and growth stocks showed strong moves on Thursday. The NYSE composite edged slightly lower and fell for a third day in a row.
Chinese growth concerns were the one big drag on the market and mining stocksReutersEuropean Central Bank President Mario Draghi will hold a press conference Thursday. Stocks across Europe surged by the most in more than two months as the euro got walloped following the European Central Bank’s policy decision to wrap up crisis-era bond purchases by the end of 2018 and keep interest rates low for at least another year. The ECB’s plan’s to bring its easy-money programs to an end, on the back of an improving economic picture in Europe, were widely expected.
The S&P 500 was up eight points or 0.32% to 2,784.38 as of 9:41 AM ET (13:41 GMT) while the Dow composite increased 77 points or 0.31% to 25,278.83 and tech heavy NASDAQ Composite rose over 40 points or 0.53% to 7,736.31.
The pan-European Stoxx 600 pushed up during afternoon deals to close 1.4 percent in the green. This followed news from the European Central Bank which outlined the future of its massive stimulus program. Aveva shares led the gains, trading in the double digits throughout the day and closing up 12 percent.
The euro suffered its biggest fall in eight months and share and bond markets rallied on Thursday, after the European Central Bank vowed not to raise euro zone interest rates before the middle of next year. The bank said it was pulling the plug on its 2.55 trillion euro stimulus programme, but after the Federal Reserve raised U.S. interest rates for the second time this year on Wednesday, the ECB rate promise came as a relief.
Asian stock markets were mixed Friday after Wall Street largely finished with gains following the European Central Bank's announcement to phase out its bond-buying stimulus. Upbeat U.S. data helped bolstered ...
Investing.com - U.S. futures were flat on Thursday as investors mulled over comments from the Federal Reserve.
Mylan and Oracle dragged on early trade, but positive news out of Europe sent futures higher, and IPOs Etsy, Huya and Pivotal were poised to nail news highs.
The United Kingdom’s FTSE 100 Index started this week on a stronger note and lost strength as the week progressed. Following a weak performance for two days, the FTSE 100 Index opened lower on June 14 and was trading with weakness in the morning session.
Asian stocks slumped Thursday after the U.S. Federal Reserve raised its key interest rate and said it would pick up the pace of future increases. South Korea's market benchmark tumbled 1.6 percent on the ...
Federal Reserve Chair Jerome Powell says the U.S. central bank has not resolved how financial institutions should deal with marijuana businesses. Powell says the disparity puts Fed regulators in a very difficult position and that the Fed would love to see the hazy issue clarified. Federal Reserve Chairman Jerome Powell says the central bank is hearing growing concerns from business executives about the Trump administration's trade policies, including anecdotal cases where companies have postponed larger purchases or new hires.
A broad gauge of European stocks finished modestly higher Wednesday, making some headway after swinging in and out of the red, as investors looked ahead to the U.S. Federal Reserve’s latest monetary policy decision. An update from the European Central Bank set for Thursday also was in focus for investors.
The S&P 500 was up two points or 0.07% to 2,788.88 as of 9:40 AM ET (13:40 GMT) while the Dow composite increased 31 points or 0.12% to 25,351.83 and tech heavy NASDAQ Composite rose over 12 points or 0.17% to 7,716.76.
Investing.com – Wall Street was mixed after the morning bell as investors digested news that the U.S. and North Korea had signed a denuclearization deal.The S&P 500 was up three points or 0.13% to 2,785.64 as of 9:43 AM ET (13:43 GMT) while the Dow composite decreased four points or 0.02% to 25,317.56 and tech heavy NASDAQ Composite fell 23 points or 0.30% to 7,683.15.U.S. President Donald Trump and North Korea leader Kim Jong Un signed a four-step agreement on Tuesday in an unprecedented summit in Singapore. ...
Investing.com – U.S. futures edged down on Tuesday, as U.S. President Donald Trump and North Korea leader Kim Jong Un signed a denuclearization deal and investors looked ahead to central bank meetings this week.The S&P 500 futures was down three points or 0.11% to 2,783.75 as of 6:45 AM ET (10:45 GMT) while Dow futures decreased 41 points or 0.16% to 25,307.0. Meanwhile tech heavy Nasdaq 100 futures fell over eight and a half points or 0.12% to 7,187.50.Trump and Kim Jong Un signed a four-step agreement on Tuesday in an unprecedented summit in Singapore. ...
The United Kingdom’s FTSE 100 Index closed lower last week and recorded the third consecutive weekly loss. However, the FTSE 100 Index closed at one-week high price levels on Monday and started this week on a stronger note. Carrying forward the strength, the FTSE 100 Index opened higher on Tuesday and was trading at elevated levels in the morning session.
According to data provided by Markit Economics, the final Markit France manufacturing PMI saw an improvement in May. It stood at 54.4 in May as compared to 53.8 in April. New business orders and export orders witnessed some weakness in May.
Gains for European stocks largely faded Tuesday, with investors considering results of U.S. President Trump’s unprecedented summit with North Korean leader Kim Jong Un in Singapore.