European stock markets opened sharply lower on Tuesday, pulled down by French equities as traders monitored the potential for a no confidence vote in the government next month. France’s CAC 40 index plummeted more than 2% in early deals after the country’s three main opposition parties said they would not back a confidence vote called by…
Treasury yields inched higher as investors continue to digest Federal Reserve Chair Jerome Powell’s speech last Friday and look toward key inflation data due later in the week. The 10-year Treasury yield rose about 1 basis point to 4.269% as of 2.55 a.m. ET. The 2-year yield was over 2 basis points higher at 3.713%. One basis point…
China’s stock market has been rallying to multiyear highs as trade tensions with the U.S. have eased for now. Fueling the bull run are ordinary Chinese households, flush with record savings and a fear of missing out. Mainland China’s benchmark CSI 300 is up nearly 22% since its April 7 low, following U.S. President Donald…
Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., August 12, 2025. Brendan McDermid | Reuters Stock futures traded slightly higher Sunday evening after hopes for lower interest rates fueled a winning week on Wall Street. Dow Jones Industrial Average futures edged up 0.09%. S&P 500 futures…
U.S. Treasury yields ticked higher Thursday after new U.S. data pointed to persistent wholesale inflation. The 2-year Treasury yield climbed 4 basis points to 3.73%. The benchmark 10-year note yield added nearly 5 basis points to 4.285%. One basis point is equal to 0.01%, and yields and prices move in opposite directions. The producer price…
Australia unemployment rate eases to 4.2% in July Australia’s unemployment rate eased to 4.2% on a seasonally-adjusted basis in July, in line with estimates of economists polled by Reuters. The reading was lower than the 4.3% recorded in June, data released by the Australian Bureau of Statistics on Thursday showed. Meanwhile, the number of employed…
Chinese and Hong Kong stocks open flat Chinese and Hong Kong stocks were little changed Tuesday, as investors assessed the latest developments in U.S.-China trade relations. As of 9:45 a.m. local time (9:45 p.m. ET Monday), the Hang Seng Index moved down 0.1%, while mainland’s CSI 300 was flat. — Amala Balakrishner SoftBank Group shares surge 8% Shares…
A sudden economic shock can bring the end of the current stock market euphoria, Stifel warned. Stifel’s Thomas Carroll and Barry Bannister wrote in a Monday note that an economic slowdown could be in the cards. That in turn can mean bad news for stocks despite the rally to all-time highs seen this year. “As…
Japan’s Topix hits all-time high Japan’s Topix index rose for the fourth consecutive session Friday and hit a record high of 3,031.78. The broad-based index had gained 1.42% as of 10 a.m. local time (9 p.m. ET Thursday), Gains were led by Nippon Chemical Industrial, which surged 23.06%, investment management firm Miyakoshi Holdings, which rose…
Asia-Pacific markets close mostly in the green Asia-Pacific markets closed mostly higher Thursday. Japan’s Nikkei 225 benchmark rose 0.65% to close at 41,059.15, while the Topix climbed 0.72% to 2,987,92. Over in South Korea, the Kospi index advanced 0.92% to end the day at 3,227.68, and the small-cap Kosdaq added 0.29% to close at 805.81….