Wall Street retreated from its records on Tuesday as Nvidia and other chip stocks saw major drops and oil prices slid. S&P 500 Futures: 5,815.26 ⬇️ down 0.76% S&P 500: 5,815.26 ⬇️ down 0.76% Nasdaq Composite: 18,315.59 ⬇️ down 1.01% Dow Jones Industrial Average: 42,740.42 ⬇️ down 0.75% STOXX Europe 600: 520.57 ⬇️ down 0.80%…
China shares fell as investors digested much weaker-than-expected export data released late Monday. Japan’s market jumped as its semiconductor firms followed Nvidia upward. S&P 500 Futures: 5,866.25 ⬆️ up 0.11% S&P 500: 5,859.85 ⬆️ up 0.77% Nasdaq Composite: 18,502.69 ⬆️ up 0.87% Dow Jones Industrial Average: 43,065.22 ⬆️ up 0.47% STOXX Europe 600: 525.74 ⬆️…
Shares in mainland China rose as investors digested Beijing’s Saturday briefing on stimulus measures, in which the finance minister said more was needed but didn’t offer specifics. Japan’s markets were closed for a public holiday. S&P 500 Futures: 5,866.25 ⬆️ up 0.11% S&P 500: 5,815.03 ⬆️ up 0.61% Nasdaq Composite: 18,342.94 ⬆️ up 0.33% Dow…
Financial powerhouses including JPMorgan, Wells Fargo and BlackRock reported strong earnings on Friday, sending shares soaring and Wall Street into new record territory. S&P 500 Futures: 5,856.50 ⬆️ up 0.47% S&P 500: 5,815.03 ⬆️ up 0.61% Nasdaq Composite: 18,342.94 ⬆️ up 0.33% Dow Jones Industrial Average: 42,863.86 ⬆️ up 0.97% FTSE 100: 8,253.65 ⬆️ up…
On October 19, 1987, after three days of decline in the New York stock market, the Hong Kong market dropped by 10.5 per cent after a rise of 89 per cent in the previous 12 months. Black Monday had triggered a worldwide stock crash. In US dollars terms, eight stock markets declined by 20-29 per…
Shares in mainland China tumbled as U.S. inflation data clouded hopes for another Fed rate cut and traders awaited Beijing’s Saturday briefing on stimulus measures. S&P 500 Futures: 5,820.25 ⬇️ down 0.15% S&P 500: 5,780.05 ⬇️ down 0.21% Nasdaq Composite: 18,282.05 ⬇️ down 0.05% Dow Jones Industrial Average: 42,454.12 ⬇️ down 0.14% FTSE 100: 8,227.34…
Shares in mainland China rebounded as traders found renewed optimism for more stimulus measures. Traders around the word awaited U.S. inflation data for September—and the implications it will have for rate cuts at the Federal Reserve’s November meeting. S&P 500 Futures: 5,828.75 ⬇️ down 0.21% S&P 500: 5,792.04 ⬆️ up 0.71% Nasdaq Composite: 18,291.62 ⬆️…
China’s central bank on Thursday unveiled a new swap tool to enhance the liquidity of the stock market and “promote the healthy development of the capital markets”, with an initial size of 500 billion yuan (US$70.7 billion). The new Securities, Funds and Insurance companies Swap Facility would enable qualified securities, mutual funds and insurance companies…
Wall Street continued gaining Wednesday, with two major U.S. indexes closing at new record highs. Soaring stocks in the U.S. come in stark contrast to China, where markets plunged on a lack of new stimulus announcements. Here’s a look at the stock market today: S&P 500 Futures: 5,834.00 ⬆️ up 0.58% S&P 500: 5,792.04 ⬆️…
Shares in mainland China plunged as traders expressed their disappointment with the lack of new stimulus. The U.S. government’s possible attempt to break up Google weighed on tech. S&P 500 Futures: 5,792.50 ⬇️ down 0.14% S&P 500: 5,751.13 ⬆️ up 0.97% Nasdaq Composite: 18,182.92 ⬆️ up 1.45% Dow Jones Industrial Average: 42,080.37 ⬆️ up 0.30% …