|Day's Range||22,807.81 - 22,949.32|
|52 Week Range||19,239.52 - 24,129.34|
Asian shares followed Wall Street higher on Wednesday as a bullish outlook from the head of the U.S. central bank buoyed the dollar, lifted Tokyo shares to a one-month top and sent gold to a one-year trough. Japan's Nikkei (.N225) leapt 1 percent as a weakening yen promised to fatten exporters' profits. MSCI's broadest index of Asia-Pacific shares outside Japan added 0.5 percent and Shanghai blue chips 0.6 percent.
Asian shares followed Wall Street higher on Wednesday as a bullish outlook from the head of the U.S. central bank buoyed the dollar, lifted Tokyo shares to a one-month top and sent gold to a one-year trough. Japan's Nikkei leapt 1 percent as a weakening yen promised to fatten exporters' profits. MSCI's broadest index of Asia-Pacific shares outside Japan added 0.5 percent and Shanghai blue chips 0.6 percent.
U.S. stocks rose Tuesday following Federal Reserve Chairman Jerome Powell’s Senate testimony, while investors also continued dissecting the latest round of corporate earnings results. The S&P 500 rose 11.12 points, or 0.4%, to 2809.55, and the technology-focused Nasdaq Composite climbed 49.40 points, or 0.6%, to 7855.12. Mr. Powell told Congress that strong economic growth and stable inflation should keep the central bank on track to gradually raise short-term interest rates.
Japan's Nikkei share average soared to a more than one-month high on Wednesday morning as exporters such as automakers and technology firms got a boost after the dollar hit a six-month high against the ...
Asian stocks rose in Wednesday trade. Japan led gains seen in regional markets amid weakness in the yen. Fed Chairman Jerome Powell gave an upbeat assessment of the U.S. economy and indicated that it was "difficult" to forecast how trade disputes would impact the economy.
Asian stocks are poised to advance after an upbeat assessment on the economy from Federal Reserve Chairman Jerome Powell lifted U.S. shares. The dollar rallied and Treasuries were little changed.
Asian stocks advanced after an upbeat assessment on the U.S. economy from Federal Reserve Chairman Jerome Powell comforted investors wary of a blowout in protectionism.
By Lewis Krauskopf NEW YORK (Reuters) - The U.S. dollar rose on Tuesday against a basket of major currencies following an upbeat economic assessment from the head of the U.S. Federal Reserve, while world ...
The U.S. dollar rose on Tuesday against a basket of major currencies following an upbeat economic assessment from the head of the U.S. Federal Reserve, while world stocks climbed as a heavy week of corporate earnings also kicked into gear. Wall Street's main indexes erased losses from the start of the session to end solidly positive. The U.S. two-year Treasury yield rose to its highest level in nearly a decade, with the yield curve at its flattest in nearly 11 years.
The major indices took well to Federal Reserve Chairman Jerome Powell's first visit to Capitol Hill, climbing out of negative territory to close Tuesday's session in the green across the board. Shooter Stephen Paddock opened fire on a crowd of thousands of concert-goers on October 1, killing 58 people and wounding more than 500 others.
According to a report provided by Markit Economics, the Japan Services PMI rose in June compared to May. It was 51.4 in June compared to 51 in May. It beat the market expectation of 51.2.
Netflix led tech stocks lower early Tuesday as Johnson & Johnson, Goldman Sachs and UnitedHealth Group reported and markets looked toward Senate testimony from Fed Chief Powell.
Global stocks drifted lower Tuesday, as oil prices remained in correction territory and investors re-set expectations for future U.S. rate hikes amid worrying signals from the bond market, as investors ...
Japan's Nikkei share average rose to a one-month high on Tuesday as a weak yen lifted exporters, offsetting weakness in machinery stocks after data showed China's growth momentum is cooling. Toyota Motor Corp advanced 1.3 percent and Nissan Motor Co added 0.8 percent. China reported on Monday that its economic growth slowed in the second quarter and that factory output growth in June weakened to a two-year low, a worrying sign for investment and exporters as a trade war with the United States intensifies.
Key stats out of the UK over the next few days could reinforce an August rate hike by the BoE, while FED Chair Powell may need to elaborate on possible effects of the trade war in the economy and policy.
Asian stocks were mixed on Tuesday. Chinese markets continued to fall, a day after economic data showed fall-offs in factory output and fixed-asset investment, with a 1% pullback in the Shanghai Composite. Investors tend to count on the yen strengthening in times of stress.
Japan's Nikkei share average rose to hover at 3-1/2-week highs on Tuesday as a weak yen lifted exporters, offsetting weakness in machinery stocks hurt by weak Chinese economic data. Toyota Motor Corp advanced 1.3 percent and Nissan Motor Co added 0.7 percent. On the other hand, concern about the strength of China's economy put machinery makers under pressure.
Asian stocks were mixed on Tuesday, with Japan gaining amid the weaker yen and China markets overnight extending losses.
The Nasdaq Composite Index closed at a record high as a recovery in technology shares emboldened investors and Federal Reserve Chairman Jerome Powell reiterated his upbeat assessment of the economy. The dollar extended gains and Treasuries were little changed after Powell told a Senate committee that the Fed will continue to gradually raise interest rates “for now’’ to keep inflation near target amid a strong U.S. labor market. Technology shares had started the day lower after disappointing subscriber growth at Netflix weighed on the rest of the FAANG stocks.
Asian equities looked set for a weaker open as a decline in tech shares led most U.S. stocks lower and investors evaluated whether earnings can deliver on high expectations against a backdrop of trade ...
Stock futures turned mixed ahead of Monday's open as oil prices dropped sharply, Bank of America and J.B Hunt reported Q2 results and investors looked to Netflix's report after the close.
Global stocks mixed, with weakness in Asia offset by solid start in Europe, as investors brace for Trump-Putin summit in Helsinki. China's economy grows 6.7% in second quarter, but weak June industrial production readings suggest second-half could see slowing. Oil dips as investors bet Libya supply will start to increase, but Norwegian strikes keep investors from extending bets.
Trade fears have slammed markets around the world, but U.S. stocks are rising as strong profits and spending lead investors to overlook the risks of a downturn. The S&P 500 and Dow Jones Industrial Average have gone up all but one day since the U.S. and China imposed tariffs on $34 billion of each other’s goods on July 6. The S&P 500 is now up 4.8% for the year.
U.S. stocks climbed Friday and posted weekly gains, as a solid start to the corporate earnings season helped investors brush aside fears about a global trade rift. Stocks have shown resilience in recent weeks, even as the U.S. and China have ramped up punitive trade measures on each other that some analysts fear could hurt global growth. The S&P 500 dipped midweek after the White House said it would assess 10% tariffs on an additional $200 billion of Chinese goods—although it then rebounded Thursday as technology shares rallied.