|Day's Range||12,506.99 - 12,604.24|
|52 Week Range||11,726.62 - 13,596.89|
Stocks in Asia and Europe struggled on Monday with threats of a looming Sino-U.S. trade war and China's Q2 economic slowdown. Francis Maguire reports.
A sell-off in Chinese markets knocked Asian stocks on Wednesday as U.S. threats of tariffs on an additional $200 billion worth of Chinese goods pushed the world's two biggest economies ever closer to a full-scale trade. As Ivor Bennett reports, oil prices also fell.
NEW YORK (AP) — Major U.S. indexes closed mostly lower Monday as investors bought banks but sold most other types of stocks, including health care and technology companies. Energy stocks sank along with oil prices.
European stocks finished lower Monday, with mining shares pulling back as Chinese economic data highlighted concerns surrounding a global trade war. Bank stocks advanced however, as Deutsche Bank AG offered a brighter outlook for its upcoming earnings report.
Investing.com – U.S. futures were flat as investors turn their focus to corporate earnings.The S&P 500 futures fell half a point or 0.02% to 2,802.75 as of 6:49 AM ET (10:49 GMT) while Dow futures increased eight points or 0.03% to 25,012.0. Meanwhile tech heavy Nasdaq 100 futures gained six points or 0.08% to 7,399.25.U.S. President Donald Trump wraps up his European tour on Monday with a one-on-one meeting with Russian President Vladimir Putin in Helsinki. ...
The United Kingdom’s FTSE 100 Index closed higher last week and broke the two-week losing streak. Carrying forward the strength, the FTSE 100 Index opened higher on Monday. However, the FTSE 100 Index lost strength in the morning session amid the weak market sentiment.
Data showing China's economy and factory production growth had slowed sent Asian markets lower at the start of the week, as investors fret an escalating trade battle between China and the United States may soon start to damage the real economy . European shares, which have rallied off three-month lows in July, mostly opened higher although the gains were limited and temporary.
Early Mondays are notorious for range bound market movements. However, some markets might turn the trend into bullish or bearish the same day. That could be the case with the DAX30. 12460-12498 is the POC zone. The price might bounce from the zone on a retest. If the retest doesn’t happen watch for a retracement trend line break (blue dotted line). A close above 12571 should target 12615. If the price makes a strong momentum or 4h close above 12615, next is 12684. A move below 12405 might turn the price bearish targeting 12929.
Asian shares fell on Monday, brushing off a firmer Wall Street lead, as data showed China's economy and factory production growth slowing, compounding wider fears about Beijing's worsening trade war with Washington. China's economy grew 6.7 percent in the second quarter of 2018, cooling from the 6.8 percent growth registered in each of the previous three quarters. While the GDP figures were in line with market expectations, the new data also showed slower-than-expected growth in China's industrial output, pointing to slowing momentum and prompting some analysts to call for stronger government measures to support growth.
European stocks end slightly higher on Friday, extending their weekly gains as concerns over a potential global trade war remained on the back burner and investors instead focused on a raft of prominent bank earnings out of the U.S.
The United Kingdom’s FTSE 100 Index regained strength on Thursday and rebounded from one-week low price levels. Carrying forward the strength, the FTSE 100 Index opened the day higher on Friday and was trading with strength at four-week high price levels in the morning session.
The index has consolidated over the last 24 hours with not much of fundamental or economic news or data to drive the index in either direction
European stocks were slightly higher Friday morning, tracking overnight gains on Wall Street amid elevated expectations of strong U.S. earnings.
SEOUL, South Korea (AP) — Asian shares are mostly higher, rebounding from jitters over the U.S.-China trade disputes for a second straight day.
European stock markets finish solidly higher Thursday, recovering a portion of the losses accumulated after the prior day’s selloff that came amid heightened concerns of a global trade war.
Investing.com – U.S. futures rose on Thursday, as the NATO summit in Brussels was in focus and U.S. President Donald Trump spoke in favor of the alliance.The S&P 500 futures rose 15 points or 0.54% to 2,789.00 as of 6:47 AM ET (10:47 GMT) while Dow futures increased 177 points or 0.72% to 24,866.0. Meanwhile tech heavy Nasdaq 100 futures gained 34 points or 0.47% to 7,287.75.Trump said the U.S. is committed to NATO, as he participates in the last day of the NATO summit in Brussels.“I believe in NATO,” Trump said at a news conference on Thursday morning. ...
The United Kingdom’s FTSE 100 Index pulled back on Wednesday and broke the four-day gaining streak. However, the FTSE 100 Index opened higher on July 12 and was trading with strength in the morning session.
The pan-European Stoxx 600 was up nearly 0.4 percent during early morning deals, with most sectors and major bourses in positive territory. Gerresheimer led the gains in Europe, up more than 9 percent after the company announced an extension of its business model and upgraded its growth forecasts. Market focus is largely attuned to the next potential steps in the tit-for-tat trade dispute.
Stocks and commodities recovered slightly on Thursday as markets tried to consolidate from the previous session's steep losses when fears of an escalation in the U.S.-China trade war jolted investor sentiment. Spreadbetters expected European stocks to open higher, with Britain's FTSE gaining 0.3 percent, Germany's DAX adding 0.35 percent and France's CAC 0.4 percent. MSCI's broadest index of Asia-Pacific shares outside Japan rose 0.6 percent.
European stock markets closes in the red Wednesday, as traders fret over the fallout from a potential global trade war after the U.S. said it plans to hit Chinese goods with another $200 billion in tariffs.
Though the index has been moving higher over the last few days, we believe that the overall trend is still down and hence the trend might resume at any point of time
European stocks rose on Tuesday, scoring a sixth straight session of gains as traders ignored trade war concerns for now and instead looked ahead to what is expected to be a positive earnings season.
The United Kingdom’s FTSE 100 Index rose to three-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 July 10 and pulled back in the morning session.