Stock news

european market

European Market Rebounded After the US Tech Stocks Sell-Off

On Wednesday, shares in the European market bounced after the rate-induced sell-off of US tech stocks yesterday. Accordingly, the pan-European STOXX 600 index advanced 0.88% or 3.99 points to $456.34 per share.  Its best performers include the semiconductor manufacturer ASM International which hiked to 6.21% or 23.44 points to $400.89 per share.  Similarly, the European …

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US Stocks

US Stocks Mostly Slip as Treasury Yields Hit 3-Month High

On Tuesday, most US stocks slipped as Treasury yields reached a three-month high, reflecting investors’ preparation for possible tapering.  Moreover, the benchmark S&P 500 tumbled 0.28% or 12.37 points to $4,443.11 per share.  The worst performer on the index, Garmin Ltd., sharply declined 5.80% or 10.01 points to $162.61 per share.  Consequently, expectations that the …

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google

Alphabet Inc. Rose as Google Cloud Slashed Its Take Rate

On Monday, shares of Alphabet Inc. increased as the Google cloud marketplace reduced its take rate. Moreover, Alphabet Class A soared 0.71% or 20.00 points to $2,844.30 per share. Consequently, Class C climbed 0.57% or 16.10 points to $2,852.70 per share. Alphabet is a technology holding firm that operates on Google Services and Google Cloud. …

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EU Stock

European Stocks Retreated as Evergrande Woes Lingered

On Friday, European stocks retreated from their 3-day rally as Evergrande woes lingered on the global market.  Accordingly, the benchmark STOXX 600 shed 0.81% or 3.81 points to $463.69 per share. Meanwhile, AstraZeneca PLC. climbed 2.53% or 8.52 points to $355.41 per share. The pharmaceutical giant struck a deal with startup VaxEquity as they developed …

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Chinese Estates Hiked After Selling Its Evergrande Stakes

On Thursday, shares of Chinese Estates Holdings Limited hiked after the company sold its Evergrande stakes and planned to exit all of its holdings.  Chinese Estates surged 5.50% or 0.02 points to $0.30 per share, after its modest increase of 0.93% yesterday. Moreover, the investment holdings company mainly engages in property development and trading and …

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chinese stocks

Chinese Stocks Mostly Rebound; Evergrande Crisis in Focus

On Wednesday, Chinese stocks mostly rebounded from sharp losses as traders closely watched the Evergrande crisis. Accordingly, markets in mainland China reopened for trade after a two-day holiday. Moreover, the Shanghai Composite index increased 0.40% or 14.52 points to $3,628.49 per share.  Guangdong Jia Yuan Technology, an electrolytic copper foil manufacturer, skyrocketed 15.84% or 2.84 …

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world shares

World Shares Tumble as China Evergrande Crisis Sparks Fears

On Tuesday, world shares tumbled as the China Evergrande crisis sparked fears of its spillover effect on the global economy. Accordingly, the MSCI All Country World Index edged down 1.63% or 11.90 points to $718.09 per share. The Dow Jones Industrial Average index plunged 1.78% or 14.41 points to $3,970.47 per share on Wall Street.  …

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Toyota

Toyota Stocks Scaled up As It Unveiled New Tundra Pickup

Toyota stocks scaled up as it unveiled its New 2022 Tundra Pickup Truck yesterday. Accordingly, Toyota Motor hiked 0.80% or 0.73 points to $91.32 per share on Friday trading. On Monday, the Japanese market closed to celebrate respect for aged day.  Meanwhile, the automotive manufacturer revealed its new Tundra pickup that will be available in …

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