|Day's Range||22,223.46 - 22,250.37|
|52 Week Range||18,948.58 - 24,448.07|
(Bloomberg) -- Stocks in Asia showed modest gains Friday after their U.S. counterparts edged higher, ahead of a holiday weekend in many countries. The dollar climbed.
Global stocks drift lower as investors adopt a cautious stance ahead of the Easter holiday break and prep for the redacted release of the Mueller Report into Russian election meddling later in the session. North Korea's renewal of weapons testing unnerves markets in Asia, while growth and trade concerns keep European stocks in the red amid lighter-than-usual trading volumes. Attorney General William Barr will hold a press conference on the Mueller findings at 9:30 am, with a redacted version of the 400-page report expected to be delivered to lawmakers on Capitol Hill at 11:00 am Eastern time.
Stock markets were subdued Thursday as investors digested corporate earnings reports and mixed economic data, with some traders in Europe preparing for a long weekend. London's FTSE 100 fell 0.1% to 7,460 and Frankfurt's DAX rose 0.5% to 12,208. A survey of manufacturing activity in Europe showed the sector stabilized in April after months of declines.
Japan's Nikkei retreated from a 4-1/2-month high on Thursday as defensive stocks fell and Canon tumbled on a report that it will cut its earnings forecast. The Nikkei share average dropped 0.84 percent ...
European markets were lower on Thursday after PMI data signaled a stagnating economy. Market focus is largely attuned to corporate earnings, with first-quarter reports heavily influencing the performance of European stocks on Thursday morning.
Most participants are still underinvested in the markets globally, Fink said in an interview with CNBC Tuesday after his company reported earnings. The head of the world’s largest investment firm, with $6 trillion of assets under management, said “huge pools of money” is sitting on the sidelines as investors haven’t rushed back into equities even as the stock market bounced back this year. Fink’s comments come after an already potent rally across multiple benchmark stock indexes this year, with the S&P 500 on the cusp of a record high and the MSCI All-Country World Index about 5 percent away from its January 2018 peak.
ASIA MARKETS Asian markets were mixed in early trading Thursday, tracking Wall Street’s lackluster trading day. Markets largely shrugged off a report that the U.S. and China may sign a long-negotiated trade deal in late May or early June, as well of claims that North Korea test-fired a new tactical guided weapon, its first such test since November.
Japanese manufacturing activity contracted at a slightly slower pace in April thanks to a pick up in hiring, but new export orders fell at the fastest pace in almost three years in a sign slow global demand remains a major pressure point for the economy. The Markit/Nikkei Japan Manufacturing Purchasing Managers Index (PMI) rose to a seasonally adjusted 49.5 in April from a final 49.2 in March but remained below the 50 threshold that separates contraction from expansion for a third month. "Japan's manufacturing sector remained stuck in its rut at the start of Q2, with the factors which have prohibited any growth such as US-Sino relations, growth fears in China and the turn in the global trade cycle, all remaining prominent risks," said Joe Hayes, economist at IHS Markit, which compiles the survey.
Japan’s manufacturing sector contracted for a third consecutive month in April as export demand remained weak on ongoing US-China trade tensions, according to a private survey. The Nikkei-Markit flash ...
Major Asia-Pacific markets closed lower. On the trade front, sources told CNBC on Wednesday that Beijing officials are looking at U.S. President Donald Trump's upcoming international travel dates that might offer potential for a summit off of American soil. Major Asia-Pacific markets closed lower on Thursday, with Indonesia's benchmark index bucking the overall trend as stocks jumped on election hopes.
TOKYO (AP) — Stock markets were mostly higher Wednesday after news that China's economy grew at a better than expected 6.4% annual pace in the last quarter failed to entice wary investors focused on weaker U.S. corporate earnings.
Japan's Nikkei advanced to a 4-1/2-month high on Wednesday as automakers rallied on hopes of progress in Japan-U.S. trade talks, while companies with large exposure to China gained on upbeat Chinese economic ...
Asian stocks were mixed in a narrow range Wednesday as China announced its economy grew at a 6.4% annual pace in the last quarter.
Major Asian stock markets closed higher on Wednesday , following the release of better-than-expected economic numbers from China. China said on Wednesday its economy grew 6.4 percent in the first quarter of 2019. Analysts polled by Reuters had expected the country's gross domestic product to grow 6.3 percent year-on-year in the first three months of 2019.
The 10-year Treasury yield reached its highest level since the March Federal Reserve meeting. Apple Inc. was flat and Qualcomm Inc. surged after the two dropped litigation against each other. Netflix Inc. ended the regular session higher, but slid in late trading after a key metric missed estimates.
Futures on the S&P 500 and Dow indexes fluctuated as Goldman Sachs Group Inc. missed estimates for sales and trading revenue, sending its shares lower in pre-market trading, while Citigroup Inc. revenue matched expectations. The Stoxx Europe 600 Index traded in a tight range, as losses in mining shares offset increases in media and insurance. With Chinese trade and lending data showing signs of improvement for the world’s second-biggest economy, investors are turning to the U.S. earnings season to confirm the resilience of corporate America in the face of numerous challenges to growth.
ASIA MARKETS TOKYO — Shares advanced in Asia on Tuesday, led by a rally in Chinese shares. Upbeat talk from the White House on trade negotiations with Beijing and reassuring comments from the People’s Bank of China appeared to help brighten sentiment.
Japan's Nikkei edged up to a fresh four-month high on Tuesday, propelled by gains in the big three mobile carriers after market leader NTT Docomo announced smaller-than-feared price cuts, soothing concerns about a price war. The benchmark Nikkei rose 0.24 percent to 22,221.66, hitting a fresh four-month high but the broader Topix ended down 0.09 percent at 1,626.46. The information and communication sub-index was by far the strongest among the Topix's 33 industry groups, gaining 1.7 percent.
Asian stocks ticked up on Tuesday, staying near a nine-month high as hopes of stabilisation in the Chinese economy helped investors shrug off Wall Street's underperformance that followed disappointing bank earnings. European shares are set to pick up, with futures of London and Frankfurt shares rising 0.2 to 0.3 percent. MSCI's broadest index of Asia-Pacific shares outside Japan rose 0.3 percent, led by gains in China and India.
In Japan, stocks may have been supported by the start of trade talks with the United States. BOJ’s Kuroda also told CNBC that there is room for reducing long-term and short-term interest rates.
Consumer sentiment figures out of Germany and Eurozone and industrial production figures out of the U.S will be in focus later today.
Japan's Nikkei edged up to a fresh four-month high on Tuesday, propelled by gains in the big three mobile carriers after market leader NTT Docomo announced smaller-than-feared price cuts, soothing concerns about a price war. NTT Docomo jumped 3.8 percent, while rival and one of the Nikkei heavyweights KDDI Corp surged 5.8 percent and SoftBank Corp advanced 3.1 percent. After market close on Monday, NTT Docomo said it would cut carrier fees by up to 40 percent.
Hopes of a U.S – China trade agreement deliver support early. Will there be a renewed sense of optimism in Germany and the Eurozone?