European stock markets edged higher at the open on Thursday, with another record close on Wall Street. This also came after the Federal Reserve reaffirmed its commitment to an ultra-easy monetary policy. This tone was based on the release of the minutes from the U.S. central bank’s March meeting. The Federal Reserve has kept its …
Asian shares rose to three-week highs on Wednesday, with the markets looking towards the upcoming earnings season. Investors were seeking signs of a more solid global economic recovery. Meanwhile, the dollar fell to a two-week low. MSCI’s broadest index of Asia-Pacific shares outside of Japan added 0.3%. It was its second straight day of gains, …
Asian Shares Rise to Three-week Highs, Dollar Retreats Read More »
Technology and reopening stocks surged as signs of continued recovery were felt ahead of the quarterly earnings season. The S&P 500 and Dow were at record highs at the close on Monday. The S&P 500 added 1.41%, ending the day at a closing high of 4,076.72. The Dow Jones Industrial Average gained 1.13%, or 373 …
Tech, Reopening Stocks Surge on Signs of Economic Recovery Read More »
U.S. stock futures shot up Sunday due to a positive federal jobs report on Friday. The report smashed expectations as 916,000 was added in March. The U.S. unemployment rate fell to 6% from 6.2%. In March, job growth was widespread, the Labor Department report showed. Gains in leisure and hospitality, public and private education, as …
U.S. Stock Futures Soar Higher amid Strong Jobs Report Read More »
Markets in Japan and mainland China rose on Friday after Wall Street made another record day. Most of the other global markets were closed for the Good Friday holiday. The S&P 500 index SPX, +1.18%, ended over 4,000 for the first time on Thursday. The Dow Jones Industrial Average +0.52% and the Nasdaq Composite +1.76% …
Japan, China Stocks Up; Most Markets Closed for Holiday Read More »
Asia Pacific stocks rose on Thursday morning, the start of April, on a high note. Investors were digesting economic data from China and Japan, as well as a new U.S. infrastructure plan. In Japan, Nikkei 225 advanced 0.73%. The Tankan Large Manufacturers Index was at 5 for Q1 of 2021. That was above the –15 …
Asian Stocks Up on Economic Data, U.S. Infra Plan Read More »
Asian stocks were on the defensive on Wednesday as the dollar held near a one-year high. Treasury yields started edging up again, affecting sentiment even as Chinese data showed signs of a solid global economic recovery. ANZ analysts wrote in a note that markets are watching closely. This is to gauge the damage and potential …
Asia’s stocks were mostly up Tuesday morning, as investors kept in check further damage arising from Archegos Capital Management’s collapse. However, the current pace of the U.S. economic recovery from the pandemic and the vaccine rollout revive inflation worries. To hedge potential losses, some traders demanded higher rates. Bank debts were caught up in the …
Have The Best Of Trade Market News Delivered Directly To Your
Mailbox. Subscribe To Receive The Latest Market News.
Disclaimer:
TradeMarketNews.com provides information and news solely for reference purposes. The accuracy, relevance, and completeness of any information and news may vary and cannot always be guaranteed. Readers are responsible for their use of such data (as stated in the ToS) and its appropriateness for the user.
Email: [email protected]
Connect with: trademarketnews
