|Day's Range||21,062.31 - 21,279.02|
|52 Week Range||20,347.49 - 24,448.07|
Global stocks rally higher as investors react cautiously to news of progress in U.S.-China trade talks but remain unsettled by political uncertainty in Europe. Huawei CFO Meng Wanzhou faces a third day of bail hearings in Vancouver as U.S. authorities seek her extradition on sanctions violation charges.
Miners and builders led the advance in the Stoxx Europe 600 Index, which played catch-up to a late recovery for shares in the U.S. on Monday while still heading for its worst year since 2008. Futures on the Dow Jones, S&P 500 and Nasdaq indexes also turned higher, shrugging off losses in the Asian benchmark and a drop in Japanese equities.
While news that top Chinese and American trade officials talked over the phone helped the region’s shares almost erase early Tuesday losses, the MSCI Asia Pacific Index soon headed back in the red. There’s been a deluge of bad news in recent days -- from the unsolved case about the arrest of Huawei Technologies Co.’s chief financial officer to the surprise exit of India’s central-bank governor on Monday evening -- and the optimism seen after the 90-day trade truce between the U.S. and China is far gone. Since Dec. 3, Asian stock markets have already lost more than $1 trillion in market value, with the regional gauge trading at a six-week low.
Investing.com - Asian markets gained in afternoon trade on Tuesday, with Apple (NASDAQ:AAPL) suppliers outperforming after the U.S. tech giant filed an appeal to overturn a sales ban in China of some of its iPhones, CNBC reported.
Chinese stock benchmarks rose in a mixed session for Asia, with mainland equities perhaps helped by the latest trade headlines.
Japan's Nikkei closed at nearly nine-month lows on Tuesday as worries about global growth pressured financial and cyclical stocks, while uncertainty over a U.S.-Japan trade deal hit automakers. The Nikkei ...
Investing.com - Asian markets were mixed in morning trade on Tuesday amid reports that China and the U.S. are preparing next stage of trade talks.
The country's ruling Bharatiya Janata Party was also trailing in vote count in three big heartland states in a setback for prime minister Narendra Modi. Disappointing data from major economies including China and Japan have also fanned worries about corporate earnings and factory output, with the Sino-U.S. trade battle clouding the outlook for world growth. "The end game is nigh for Brexit.
Chinese shares pulled ahead on Tuesday after Beijing confirmed it was still in trade talks with the United States, though sentiment remained fragile in Asia as the pound wallowed near 20-month lows on deepening political turmoil over a Brexit deal. Chinese Vice Premier Liu He spoke with U.S. Treasury Secretary Steven Mnuchin and Trade Representative Robert Lighthizer on Tuesday, exchanging views on pushing forward the next stage of trade talks, China's Commerce Ministry said.
Japan's Nikkei bounced around on Tuesday morning, but was mostly in the red as worries about global growth pressured financial stocks and uncertainty over a U.S.-Japan trade deal hit automakers. The Nikkei ...
Following Theresa May’s decision to delay the parliamentary vote scheduled for later today, Brexit and U.S – China trade chatter will be in focus.
Wall Street had a volatile session overnight which saw the Dow recover from a 507-point drop. Meanwhile, U.K. Prime Minister Theresa May delayed a Brexit vote that was set to take place on Tuesday in the U.K. parliament. Also on Monday, the Reserve Bank of India's chief, Urjit Patel, resigned abruptly, stoking concerns over the independence of the central bank.
A gauge of global equities stumbled on Monday, as losses in Europe and Asia extended to Wall Street on new signs world economic growth was being curbed by the U.S.-China trade spat, but was off early lows as U.S. stocks turned positive. Confusion stemming from British Prime Minister Theresa May's abrupt decision on Monday to delay a vote on her Brexit deal weighed heavily on European shares. Sluggish data from the world's largest economies including the United States, China, Japan and Germany have disappointed investors in recent days, along with growing skepticism that Washington and Beijing will be able to reach a trade deal before the expiration of a 90-day window.
Major U.S. indexes finished in the green, buoyed by rallies in Facebook Inc. and Microsoft Corp. The pound tumbled as traders took a grim view of the outlook for the U.K. after Theresa May delayed a crucial Brexit vote. Investors found an excuse to buy the dip Monday after the S&P 500 fell to the lowest intraday level since April, continuing a volatile period for U.S. equities.
SINGAPORE (AP) — Asian markets were mixed Tuesday in narrow trading on doubts that U.S. and China can manage to resolve their festering trade dispute.
Global stocks extend declines as trade tensions, slowing growth and a weaker U.S. dollar add to investor concerns heading into the final weeks of the year. Asia shares slump as Japan's Q3 GDP is revised sharply lower and China's November exports screech to a halt as global trade slows amid U.S. tariffs threats. Global stocks extended declines Monday as investors continued to express concern over the fate of U.S.-China trade talks while noting slowing growth from two of the world's biggest exporters and rising geopolitical risks in Europe heading into the final trading weeks of the year.
Losses on global stocks snowballed on Monday, with Wall Street set to follow Europe and Asia lower as fresh signs emerged that the U.S.-China trade spat was taking a deeper toll on world economic growth. Data from the world's biggest economies -- the United States, China, Japan and Germany -- have all disappointed investors in recent days, and doubts are growing that Washington and Beijing will reach agreement before a 90-day trade ceasefire expires. Markets are also on edge after reports that the British parliament's crucial vote on Prime Minister Theresa May's Brexit deal will be delayed, sending sterling and UK stocks lower.
Asian equities fell Monday as data showed China exports weakened ahead of U.S.-China trade talks and following last week’s stock-market retreat in the U.S.
The sell-off in global equities deepened in Asia hours after Chinese economic data released over the weekend signaled a further weakening of both domestic and international demand in November. Adding insult to injury, tensions have ratcheted up after the arrest of Huawei Technologies Co. Chief Financial Officer, with China’s Vice Foreign Minister having summoned the U.S. Ambassador to China in a protest over her capture on Saturday. Australia was the worst performer in the region with Japan’s, whose economy shrank more than forecast, while China’s stocks dropped with the offshore yuan weakening for a fourth day.
Japanese stocks tumbled to a six-week low on Monday as a deeper-than-expected economic contraction at home in the third quarter and a sharp sell-off on Wall Street depressed sentiment. Sino-U.S. trade ...
Losses in global stock markets snowballed on Monday, with U.S. equity futures and Asian shares sliding on worries over slowing growth and fears that a rise in tensions between Washington and Beijing could torpedo chances of a trade deal. Spreadbetters expected European stocks to follow, with Britain's FTSE seen dropping 0.7 percent, Germany's DAX 1.1 percent and France's CAC 1 percent. Traders returned from the weekend to face a growing wall of worry, with the world's largest economies -- the United States, China and Japan -- all reporting weaker-than-expected data which pointed to moderating activity.
Investing.com - Asian equities fell in morning trade on Monday, with Japan’s Nikkei 225 ddown more than 2.3% after data showed the country’s gross domestic product shrank more than expected in the third quarter.
Japan's Nikkei fell on Monday, tracking a sharp sell-off on Wall Street on renewed Sino-U.S. trade tensions and a deeper-than-expected contraction in the Japanese economy in the third quarter. The Nikkei ...
A shift in sentiment towards FED monetary policy and trade war jitters pin back the Greenback as the markets prepare for the next Brexit saga.