|Day's Range||22,261.92 - 22,520.59|
|52 Week Range||20,347.49 - 24,448.07|
Global stocks weaken as geopolitical and trade tensions keep investors cautious following last week's selling on Wall Street. Saudi Arabia has vowed to react to any punishment meted out following the disappearance of prominent journalist Jamal Khashoggi in Turkey last week. U.S. stocks set for more red at the open, with the Dow indicated 20 points lower at the bell after better-than-expected third quarter earnings from Bank of America.
TOKYO (AP) — Global stocks mostly slipped Monday as investors continued to worry about global trade and prospects for economic growth. The price of oil rose amid tensions over Saudi Arabia, a major crude exporter.
U.S. stocks look set for another volatile session Monday as investors re-set prices in markets all over the world amid amid escalating tensions between Washington and Riyadh over the death of a prominent Saudi journalist in Turkey last month as well as renewed concerns for trade disputes between the U.S. and its major economic partners. U.S. equity futures indicated a weak opening on Wall Street Monday, with contracts tied to the Dow Jones Industrial Average suggesting a 95 point decline, following last week's sell-off that clipped more than 1,100 points from the benchmark in one of the worst weeks of the year for domestic stocks, while linked to the broader S&P 500 were marked 18 points to the downside amid the 'risk-off' sentiment. index is creeping higher again in after-hours trading, rising 4.4% to 22.26 points, amid the broader global market declines in Europe and Asia linked to the Saudi tensions.
Asian stock markets lost ground in early trading Monday following Friday’s regional bounce that eased last week’s pain.
Japan's Nikkei ended at an eight-week low on Monday as automakers and other manufacturers were hit by news that Washington would seek a provision about currency manipulation in future trade deals, including with Japan. A strong yen cuts Japanese manufacturers' competitiveness in the global market as well as profits made abroad when repatriated.
Japanese government bond prices edged higher on Monday as domestic stocks fell to a five-week low and investor demand for safe-haven debt rose. December 10-year JGB futures rose 0.08 point to 150.20 . ...
SoftBank Group Corp saw its shares drop on Monday as fallout from the disappearance of a Saudi journalist spread to the Japanese conglomerate, whose nearly $100 billion Vision Fund is almost half financed by Saudi Arabia. SoftBank's Vision Fund is the world's largest technology investment vehicle, and represents one of a number of deals group Chief Executive Masayoshi Son has sealed with the Saudi government.
Brexit jitters hit the Pound, with Italy’s budget delivery to the EU later today weighing on the EUR, as risk aversion returns to the markets.
Japan's Nikkei fell to a five-week low on Monday as automakers and other manufacturers were hit by the U.S. Treasury Secretary's comment that Washington wants provisions to deter currency manipulation in its foreign trade deals. "The U.S. comment has made the market very tense," said Mutsumi Kagawa, chief global strategist at Rakuten Securities.
Asia stocks fell on Monday as investors remained cautious, following global losses in the previous week. The Dow Jones Industrial Average and S&P 500 finished the week down by more than 4 percent, while the Nasdaq Composite posted a 3.7 percent weekly loss. Stocks in Asia slipped on Monday afternoon as investors remained cautious, following global losses in the previous week.
Rising US yields, along with the fears of a global economic slowdown have pressured global stock markets last week. Is this the start of a correction or a recession?
The benchmark had all but erased a morning rally that reached 1.7 percent, only to bounce higher after JPMorgan analysts said that selling forced by computer-driven strategies had likely run its course. Netflix Inc. rallied 6 percent amid an “opportunistic upgrade” from analysts at Citigroup Inc. Activision Blizzard Inc. drove gains in gaming shares after releasing a new version of “Call of Duty.” The 10-year Treasury yield rose for the first time in three days, reaching 3.16 percent, though down 10 basis points for recent highs.
U.S. monetary conditions are "far from tight," said Shane Olivier of AMP Capital, with fiscal stimulus still in play. The sell-off this week isn't the start of a major or prolonged bear market, but rather, simply a correction, experts said on Friday. Despite those moves, financial services firm Barings said in a note that there's no cause for panic yet.
Japan's Nikkei changed course and ended higher on Friday as investors took heart from gains in Chinese shares on upbeat Chinese export data, triggering buying in manufacturers exposed to China. The Nikkei ...
Looking at it another way, the S&P 500 Index is now down six straight trading sessions. It is also trading below its 200-day moving average for the first time since April. The Dow has lost more than 1300 points in two-days. At one point during the trading session, the NASDAQ Composite was down over 10 percent from its recent top, putting it briefly in correction territory.
An uncertain start for some Asian stock markets following Thursday’s drubbing evolved into broad gains Friday as trading progressed. Still, the region remains on track for big weekly declines.
Asian shares found a slightly firmer footing on Friday to set course for their first gains in two weeks, but the rout continued in Shanghai where shares hit lows last seen in 2014. Investor sentiment was frail though as Wall Street's fear gauge rose to an eight-month high, pointing to more downside risk, market sources said. The biggest market shakeout since February has been blamed on a series of factors, including worries about the impact of a Sino-U.S. trade war, a spike in U.S. bond yields this week and caution ahead of earnings seasons.
SINGAPORE (AP) — Asian stocks were mixed on Friday as better-than-expected Chinese trade data gave some markets a breather from worries about the impact of punitive tariffs.
The risk off sentiment continued through the early part of the day, with better than expected trade data out of China doing little to settle the markets.
Japan's Nikkei fell on Friday morning as investors maintained their risk aversion after Wall Street extended its slide overnight, dragging down recent winners such as insurers. The Nikkei share average ...
Overnight on Wall Street, stocks continued to slip for the second straight day, with the Dow Jones Industrial Average falling by more than 500 points and the S&P 500 closing below its 200-day moving average. U.S. President Donald Trump attributed the stock plunge stateside to the Federal Reserve and interest rates. Asia stocks saw a broad recovery on Friday following another tumble on Wall Street overnight, with the Dow Jones Industrial Average dropping by more than 500 points.
Wall Street extended its slide into a sixth session and a global equity index fell to a 1-year low on Thursday as investors feared an escalating U.S. trade war with China and risks from a recent climb ...
By Caroline Valetkevitch and Herbert Lash NEW YORK (Reuters) - Wall Street extended its slide into a sixth session and a global equity index fell to a 1-year low on Thursday as investors feared an escalating ...
Tech shares, which bore the brunt of the selling Wednesday, fared relatively better Thursday, although the Nasdaq 100 Index’s losses from an August record reached 9 percent. “All of a sudden, you got that severe downturn because the results of the 30-year note auction were better than expected and people said ‘We’re going to shift now,’” said Donald Selkin, chief market strategist at Newbridge Securities. “It was asset allocation, it was a plunge.