|Day's Range||2,565.6443 - 2,675.4062|
|52 Week Range||2,449.1970 - 3,587.0320|
Investing.com - Asian equities were mixed in morning trade on Monday, while China’s Shanghai Composite and the SZSE Component both jumped more than 3% after Chinese President Xi Jinping vowed “unwavering” support for the country’s private sector.
Weakness in China’s yuan and already soft equity markets in the year so far are causing concern among investors haunted by memories of the August 2015 devaluation scare and its impact on financial markets.
China’s main equity benchmarks on Friday produce their best daily gains since early August to end an ugly week on a high note.
Asian stock markets fell Thursday, after Wall Street logged losses and Federal Reserve meeting minutes suggested more U.S. interest-rate hikes ahead. Chinese stocks led the region lower.
Unlike President Trump, I don’t believe that the Federal Open Market Committee has gone “crazy,” and neither do I believe that the trade war wasn’t a factor in last week’s stock-market decline, which felt eerily similar to what we experienced in February. To be fair, I am not surprised, because the MSCI Emerging Market Index (XX:891800) has dramatically underperformed the S&P 500 (SPX) for quite a while (see chart). Because of the expected quality of reported earnings for the third quarter, we are likely to see a serious rebound and new high in the S&P 500, especially if initial signs are that President Trump and President Xi Jinping are ready to sit down and make a trade deal that could turn out to be productive.
Asian stock markets were sharply higher Wednesday, with all major indexes logging gains of at least 1%, as global equities continue to cut into last week’s slump.
Asian stock markets gain Tuesday, partly reversing a broad selloff to start the week and largely shaking off modest losses on Wall Street.
Investing.com - Asian equities were mixed in afternoon trade on Tuesday. Official data showed on Tuesday that China's consumer price index (CPI) in September rose 2.5% from a year earlier, in line with economists’ forecasts.
Asian stock markets lost ground in early trading Monday following Friday’s regional bounce that eased last week’s pain.
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 stocks plummet Thursday, with markets in the region taking their cues from Wall Street’s worst day in eight months.
Asian stock markets were mixed Wednesday, with Hong Kong’s narrow advance notably its first finish in the green so far in October.
Asian markets were mixed Tuesday, with Chinese equities rising while Japanese stock markets, back from a holiday, decline.
The euro, (EURUSD) which accounts for more than 50% of the popular index, was trading at $1.1492, compared with $1.1523 on Friday, as political concerns out of Italy weighed on the common currency. Earlier in the New York session, the euro traded to $1.1461, a seven-week low. “The euro remains under pressure at the start of the week with Italian government bond yields rising further, dragging the 10-year BTP/Bund spread out to nearly 300 basis points, pointing to a weaker euro,” wrote Nick Cawley, analyst at DailyFX.
Asian stocks largely drop Monday as traders in China return to work after a weeklong holiday, while Japan’s markets closed for a three-day weekend.
Investing.com - Asian stocks fell in morning trade on Monday as China’s markets reopened after a week-long holiday. The People’s Bank of China announced on Sunday that it lowered the required reserve ratio (RRR) for some lenders by 1%.
If I had to guess earlier this summer, I would not have expected most major U.S. stock indexes to have reached all-time highs before any concrete results in trade negotiations with China were evident. In fact, there have been records in both the Dow Jones Industrial Average (DJIA) (the retail investor’s favorite index) and the S&P 500 (SPX) (fund managers’ favorite index). Small-cap stocks and the Nasdaq Composite Index (COMP) didn’t make fresh new highs last week, but they were outperforming all year and hitting records into late August, so the advance in the market is much broader than one might have anticipated in a late-stage expansion.
September may have not had a smooth start for Asian stocks but it will end in much better shape. Broad gains spread across the region Friday, with Japan’s Nikkei leading the way.
Chinese stocks fell Thursday, and much of the region followed suit, as tensions between the U.S. and China grew more strained after President Trump accused Beijing of trying to interfere in the U.S. midterm elections and of attempting to damage him politically.
Investing.com - Asian equities were mostly lower in afternoon trade on Thursday. China’s August industrial profit was in focus as data showed it slowed to a five-month low.
Hong Kong stocks advance solidly Wednesday, leading a mostly up day across Asian markets, while China’s markets also gain amid expectations for a higher weighting of its big caps in its global benchmarks.
Japanese stocks gained and Chinese mainland stocks faltered on Tuesday in an otherwise quiet market day for a region largely closed for holidays this week.
Live from the floor of the New York Stock Exchange, Yahoo Finance's Jared Blikre joins Adam Shapiro to discuss the latest market moves.
Live from the floor of the New York Stock Exchange, Jonathan Corpina of Meridian Equity Partners joins Yahoo Finance's Seana Smith to discuss the latest market moves.