|Day's Range||21,484.65 - 21,892.29|
|52 Week Range||20,347.49 - 24,448.07|
U.S. stock indexes veered higher in afternoon trading Tuesday, bouncing back from an uneven start. Gains in technology companies, banks and industrial stocks outweighed losses in household goods sellers, utilities and elsewhere in the market. Energy stocks slumped as the price of crude oil headed for its 12th straight decline. Bond prices rose, sending yields lower.
The Stoxx Europe 600 Index rose for the first time in three days, with telecom firms leading the way after Vodafone Group Plc delivered better than expected quarterly results. The country’s bonds pared some losses after a debt auction.
European shares recovered on Tuesday after feeling the strain of a tech rout on Wall Street, while the dollar lost momentum as hopes mounted for a de-escalation in the Sino-U.S. tariff war. The trade war between Washington and Beijing plus risks from Brexit and Italy's budget row with the European Union have helped the dollar as investors dump riskier assets. Markets in Asia also recouped some losses after a report that China's top trade negotiator was preparing to visit the United States before a meeting between the leaders of the world's two largest economies.
ASIA MARKETS Asian stock markets saw volatile trading Tuesday following Monday’s rout, led by tech stocks, on Wall Street. Every sector in Japan’s stock market turned lower as the Nikkei (JP:NIK) dropped more than 2%.
Global stocks rebound as the prospects of U.S.-China trade talks supports markets in Asia and Europe even as tech shares continue to weaken following last night's Apple-inspired sell off. Big tech names such as Samsung, Japan Display and Taiwan Semiconductor trade sharply lower overnight amid global tech sector weakness and the specter of higher Fed interest rates. South China Morning Post reports Beijing's top negotiator will head to Washington to lay the ground for talks between President Donald Trump and China's Xi Jinping, although other reports say Trump is ready to slap fresh tariffs on imported cars as trade risks continue to affect investor sentiment.
Japan's central bank has become the first among G7 nations to own assets collectively worth more than the country's entire economy, following a half-decade spending spree designed to accelerate weak price growth. The 553.6 trillion yen (3.79 trillion pounds) of assets the Bank of Japan holds are worth more than five times the world's most valuable company Apple Inc. (AAPL.O) and 25 times the market capitalisation of Japan's most valuable company Toyota Motor Corp. . Central bank data released on Tuesday showed how much the BOJ has amassed over 5-1/2 years of what it calls "quantitative and qualitative" easing policy.
According to Axios, President Trump thinks threatening more tariffs on overseas-made cars is his best negotiating tactic on trade. The Axios report said Trump has told aides he was able to get a better trade deal with Canada because he threatened Canadian Prime Minister Justin Trudeau with levies on cars made in Canada.
Japan's central bank has become the first among G7 nations to own assets collectively worth more than the country's entire economy, following a half-decade spending spree designed to accelerate weak price growth. The 553.6 trillion yen ($4.87 trillion) of assets the Bank of Japan holds are worth more than five times the world's most valuable company Apple Inc. and 25 times the market capitalisation of Japan's most valuable company, Toyota Motor Corp..
Investing.com - Asian stocks slid in morning trade on Tuesday following a tech-led slump on Wall Street as Apple (NASDAQ:AAPL) tanked by 5%.
Japanese government bond prices edged up on Tuesday as the benchmark Nikkei share average hit a two-week low in intra-day trade, weighing on risk appetite and boosting the safe-haven appeal of debt. That, ...
Japan's Nikkei share average tracked losses on Wall Street and fell to a two-week low on Tuesday, with technology stocks slipping after U.S. counterparts were hit by Apple Inc's slide. The Nikkei was down ...
Major indexes in Shanghai and Shenzhen gained by the close of market in China but markets in Japan, South Korea and Australia declined. The session in Asia followed after major stock indexes on Wall Street seeing a sell-off overnight, with the Dow Jones Industrial Average plunging by more than 600 points. Markets in mainland China held on to earlier gains during the trading session.
By Lewis Krauskopf NEW YORK (Reuters) - U.S. and European stocks fell sharply on Monday, with tech stocks in both regions getting hammered, while the U.S. dollar surged to its highest point in 16 months ...
U.S. and European stocks fell sharply on Monday, with tech stocks in both regions getting hammered, while the U.S. dollar surged to its highest point in 16 months against a basket of currencies amid concern about European political risks. Indexes were weighed down by a 5.0 percent slump in index heavyweight Apple, after an iPhone parts supplier cut its outlook. "The concerns are all about global economic growth, specifically demands for the products of companies like Apple," said Kate Warne, investment strategist at Edward Jones in St. Louis.
The S&P 500 Index and Dow Jones Industrial Average finished Monday near session lows. Major suppliers for Apple also fell as investors fretted about one of the most important product lines in the technology sector, and U.S. chip stocks followed suit. “The midterm bump was a relief rally that for once the polls were right, but then investors started thinking about what it all really means for fundamentals,” said Max Gokhman, head of asset allocation for Pacific Life Fund Advisors.
Asian stocks sank Tuesday after a tech sell-off dragged Wall Street lower. KEEPING SCORE: Tokyo's Nikkei 225 tumbled 3.2 percent to 21,554.45 and Hong Kong's Hang Seng lost 1.1 percent. The Shanghai Composite ...
After a soft opening, Asian equities closed broadly higher Monday, although investors remained wary of lingering U.S.-China trade tensions and shaky oil prices.
Global stocks hold modest gains to start the week, but a notable spike in the U.S. dollar has investors on edge as the Fed assumes its place as the world's sole central bank hawk. Oil spikes higher after Saudi Oil minister says Kingdom will reduce December output by 500,000 barrels in order to rebalance markets following weekend meeting in Abu Dhabi. China growth questions linger as Alibaba's Singles Day notches record $30.8 billion in sales, but records the slowest pace of growth in the event's 10-year history.
Bloomberg Opinion columnist Tim Culpan said that savvy investors would do well not to get caught up in the fluff and hype of the famous sales event. The one notable exception was China: The Shanghai Composite Index erased earlier losses to climb for the first time in six days as Premier Li Keqiang promised more support for the private sector over the weekend. Analysts have trimmed their estimates without mercy -- Goldman Sachs cut its target price by 17 percent, after CICC lowered its projection by 16 percent last week, data compiled by Bloomberg show.
Investing.com - Asian stocks advanced in afternoon trade on Monday, with Chinese stocks gained more than 1%. Reports that SoftBank Group Corp's domestic telecoms unit received approval to list on the Tokyo Stock Exchange on Dec. 19 received some focus.
Japan's Nikkei edged up in choppy trade on Monday as buying of cheapened stocks was largely offset by cautious sentiment driven by weakness on Wall Street and falling U.S. tech shares. The Nikkei share ...
Investing.com - Asian markets were mostly higher in morning trade on Monday, even after U.S. stocks closed lower on Friday amid a fresh round of selling in technology shares.