A selloff in Chinese stocks deepened on Friday afternoon, as disappointing tech earnings hit sentiment already weakened by concerns over Donald Trump’s imminent return. The CSI 300 Index slumped 3.1%, the most since Oct. 11. The Hang Seng China Enterprises Index lost as much as 2.4%, set to cap a second straight week of losses….
The Dow soared more than 600 points Thursday, boosted by shares of cloud company Salesforce, while Alphabet’s losses weighed on the benchmark S&P 500 and the Nasdaq. In afternoon trading, the Dow Jones Industrial Average climbed 590 points, or 1.4%, to 43,999, hitting a one-week high. The S&P 500 advanced 0.7%, and the Nasdaq gained 0.2% after…
Chinese mutual fund houses are cutting fees on their exchange-traded fund products, as they heeded authorities’ call to support the nation’s $10 trillion stock market. Leading firms including China Asset Management Co. and E Fund Management Co. announced Tuesday that management fees for some of their equity ETFs will be lowered to 0.15% from around…
Wall Street opened lower Tuesday while escalating tensions in the Russia-Ukraine war prompted investors to shift toward traditional safe-haven assets including gold and Treasury bonds. The S & P 500 fell 0.5 percent in early trading, with the Dow Jones Industrial Average dropping 319 points, or 0.7 percent. The Nasdaq composite also slid 0.5 percent….
European markets lurched after Ukraine used long-range US missiles to attack deep inside Russia for the first time and the Kremlin announced an updated nuclear-weapons doctrine. Polish stocks and the zloty currency led a wider transatlantic selloff as investors used the Eastern European country’s assets as a proxy for escalating risk. Traditional haven assets including…
Polish stocks and the zloty currency dropped as investors used the Eastern European country’s assets as a proxy for escalating risk in the region as Russia widened its scope for using nuclear weapons. Warsaw’s WIG20 index plunged as much as 3.5%, the biggest drop among key global equity indexes on Tuesday and its largest one-day…
US and European stock futures rose with Asian shares as a decline in Treasury yields bolstered the appeal of holding equities. Traders are watching for any further news about President-elect Donald Trump’s planned administration. MSCI’s gauge of Asian stocks climbed as much as 1.2% with some of the biggest gains in Taiwan, India and Indonesia….
The Nasdaq Composite (^IXIC) leads the S&P 500 (^GSPC) into positive territory at Monday’s market close, as Tesla (TSLA) shares — a component of the Trump trade — continue to edge higher this week. Market Domination Overtime host Julie Hyman and Yahoo Finance markets and data editor Jared Blikre make note of the day’s market…
Wall Street remained steady on Monday after seeing much of its rally following President-elect Donald Trump‘s election victory fade. The S&P 500 remained unchanged during early trading, while the Dow Jones Industrial Average slipped 0.2 percent and the Nasdaq inched up by 0.1 percent. Investors appeared cautious after the volatile close last week erased much…
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