Global Markets

The Japanese yen traded at 105.03 per dollar following its strengthening earlier in the trading week from levels above 105.3 against the greenback. The Australian dollar changed hands at $0.7175 after rising from levels below $0.712...

The Dow Jones Industrial Average rose 160.29 points, or 0.61%, to 26,539.57, the S&P 500 gained 40 points, or 1.24%, to 3,258.44 and the Nasdaq Composite added 140.85 points, or 1.35%, to...

 The Japanese yen traded at 105.04 per dollar after strengthening from levels around 105.60 against the greenback yesterday. The Australian dollar changed hands at $0.7164 following its rise from levels around $0.71 early in the trading...

Data released in the morning showed U.S. consumer confidence ebbed in July as coronavirus infections flared up across the country.

The Japanese yen traded at 105.27 per dollar after it strengthened from levels above 105.7 yesterday. The Australian dollar was at $0.7169 after rising from levels around $0.71 in the previous trading...

Investors kept their eye on earnings, with 189 S&P 500 companies scheduled to report results this week. About 80% of the 130 S&P 500 firms that have reported so far have beaten...

Oil prices dipped in the morning of Asian trading hours, with international benchmark Brent crude futures down 0.35% to $43.19 per barrel. U.S. crude futures also shed about 0.2% to $41.21 per...

The renminbi declined following the escalation in U.S.-Beijing tensions, losing 0.4% against the greenback and closing at 7.018 for the week.

The Dow Jones Industrial Average fell 182.44 points, or 0.68%, to 26,469.89, the S&P 500 lost 20.03 points, or 0.62%, to 3,215.63 and the Nasdaq Composite dropped 98.24 points, or 0.94%, to...

The Japanese yen traded at 106.39 per dollar, after wavering between 106 and 107 for most of this week. The Australian dollar slipped below the 0.71 level, last changing hands around 0.7090.

The S&P 500 posted 51 new 52-week highs and no new lows; the Nasdaq Composite recorded 103 new highs and 17 new lows.

The Australian dollar was flat and changed hands at $0.7137 while the Korean won traded at 1,198.61 per U.S. dollar, with the dollar/won pair up 0.12%.

Volume on U.S. exchanges was 10.32 billion shares, compared with the 11.28 billion average over the last 20 trading days.

Japan's Nikkei 225's lost 0.37%, while the Topix edged down 0.19%. The country's manufacturing activity contracted for a 13th straight month in July, data showed, according to Reuters.

Financial, industrial and energy stocks gave the biggest boosts to the bellwether S&P 500 and blue-chip Dow as investors pivoted back to cyclicals

Oil prices traded higher Tuesday morning during Asian hours. U.S. crude traded up 0.15% at $40.87 a barrel while global benchmark Brent added 0.09% to $43.32. 

Moderna Inc (MRNA.O) shares tumbled 12.8% on positive results from its competitors’ rival COVID-19 drug trials. Electric automaker Tesla Inc (TSLA.O) rose 9.5% to reach a record closing high of $1,643.

The Japanese yen traded at 107.35 per dollar, after a turbulent previous week where it traded at around levels between 106 and 107. The Australian dollar touched the 0.70 level briefly, before...

The Nasdaq ended 1.1% lower for the week as investors sold shares of high-flying companies including Microsoft Corp and Amazon.com Inc and moved into cyclical sectors

The Dow Jones Industrial Average fell 0.5% to end at 26,734.71 points, while the S&P 500 lost 0.34% to 3,215.57.

The U.S. dollar index, which tracks the greenback against a basket of its peers, was at 96.346 following its decline from levels above 96.4 seen earlier in the trading week.

Hong Kong's Hang Seng index declined 0.4%. In Japan, the Nikkei 225 dipped 0.34% in morning trade while the Topix index was 0.13% lower.

The Dow Jones Industrial Average rose 0.85% to end at 26,870.03 points, while the S&P 500 gained 0.91% to 3,226.55

The Japanese yen traded at 107.22 per dollar after touching levels around 107.4 against the greenback yesterday. The Australian dollar changed hands at $0.7008 after rising from levels below $0.694 yesterday.

Delta Air Lines Inc ended down 2.65% after it warned it will be more than two years before the industry sees a sustainable recovery from the “staggering” impact of the coronavirus pandemic,...

The Japanese yen traded at 107.21 per dollar after weakening from the 106.8 against the greenback yesterday. The Australian dollar changed hands at $0.6934 after turbulent trading on Monday that saw it at levels above $0.698.

Volume on U.S. exchanges was 11.6 billion shares, compared with the 11.9 billion average for the full session over the last 20 trading days

The Japanese yen traded at 106.90 per dollar following a strengthening from levels above 107.2 against the greenback last week. The Australian dollar changed hands at $0.6942 after turbulent trading last week...

Gilead’s (GILD.O) remdesivir significantly improved clinical recovery and reduced the risk of death in COVID-19 patients, additional data from a late-stage study showed.

Global benchmark Brent traded down 1.61% at $41.67 while U.S. crude fell 1.89% to $38.87 a barrel. 

Declining issues outnumbered advancing ones on the NYSE by a 2.63-to-1 ratio; on Nasdaq, a 2.09-to-1 ratio favored decliners.

Libya, whose ports have been blockaded since January, is trying to resume exports after the state oil firm lifted force majeure at its Es Sider oil terminal on Wednesday. However, a tanker...

Oil prices were lower in the morning of Asian trading hours, with international benchmark Brent crude futures down 0.12% to $43.24 per barrel. U.S. crude futures slipped 0.24% to $40.80 per barrel.

Biogen Inc jumped 4.4% after the company said it submitted the marketing application for its experimental Alzheimer’s disease therapy, aducanumab.

Oil prices were little changed in the morning of Asian trading hours, with international benchmark Brent crude futures at $42.95 per barrel, while U.S. crude futures stood at $40.48 per barrel.

The Dow Jones Industrial Average fell 396.85 points, or 1.51%, to 25,890.18, the S&P 500 lost 34.4 points, or 1.08%, to 3,145.32 and the Nasdaq Composite dropped 89.76 points, or 0.86%, to...

The Capital Markets (Coffee Exchange) Regulations 2020 provide for; incorporation of the coffee exchange; licensing of brokers; establishment and operationalization of a direct settlement system for expedited and transparent payment of coffee...

The Japanese yen traded at 107.38 per dollar following a strengthening from levels above 107.6 yesterday. The Australian dollar changed hands at $0.6963 after bouncing from levels around $0.695 yesterday.

The Dow Jones Industrial Average rose 459.67 points, or 1.78%, to 26,287.03, the S&P 500 gained 49.71 points, or 1.59%, to 3,179.72 and the Nasdaq Composite added 226.02 points, or 2.21%, to...

The moves upward regionally came despite the World Health Organization saying Saturday that more than 200,000 coronavirus cases were confirmed over a 24-hour period

Stocks in Asia edged higher in Friday afternoon trade as positive economic data raised optimism over the prospects of an economic recovery from the coronavirus pandemic.

The S&P 500 posted 36 new 52-week highs and no new lows; the Nasdaq Composite recorded 123 new highs and 10 new lows

Pfizer Inc’s shares rose more than 3% after the drug-maker said a COVID-19 vaccine being developed with German biotech firm BioNTech showed promise and was found to be well-tolerated in early-stage human...

Oil prices slipped in the morning of Asian trading hours on Thursday, with international benchmark Brent crude futures down 0.14% to $41.97 per barrel. U.S. crude futures also declined 0.23% to $39.73 per barrel.

The Standard & Poor’s 500 soared nearly 20% in the second quarter, its best quarterly gain since 1998. It climbed 1.5% Tuesday to 3,100.29. The Nasdaq Composite rallied 30.6% in the second quarter,...

The yen, often viewed by investors as a haven asset during times of uncertainty, added 0.2 per cent to ¥107.72 per dollar. With coronavirus infections outside of

The number of new coronavirus cases in the US fell below 40,000 for the first time in four days on Monday, but states in the west and south of the country remain...

The Dow Jones Industrial Average rose 580.25 points, or 2.32%, to 25,595.8, the S&P 500 gained 44.19 points, or 1.47%, to 3,053.24 and the Nasdaq Composite added 116.93 points, or 1.2%, to...

In the U.S., coronavirus cases recently surged by more than 45,000 in a day, according to John Hopkins University data.

West Texas Intermediate for August delivery fell 1.9% to $37.75 a barrel on the New York Mercantile Exchange as of 8:16 a.m. in Singapore. Brent for August settlement declined 1.8% to $40.28...

The Dow Jones Industrial Average fell 730.05 points, or 2.84%, to 25,015.55, the S&P 500 lost 74.71 points, or 2.42%, to 3,009.05 and the Nasdaq Composite dropped 259.78 points, or 2.59%, to...

Markets in China remained closed on Friday for a holiday

The Dow Jones Industrial Average rose 299.66 points, or 1.2%, to 25,745.60. The Nasdaq, which hit an all-time high earlier this week, gained 107.84 points, or 1.1%, to 10,017. The Russell 2000...

Markets in China and Hong Kong are closed on Thursday for a holiday.

The Dow Jones Industrial Average lost 710.16 points, or 2.7%, to 25,445.94. The Nasdaq, which was coming off its second all-time high this week, fell 222.20 points, or 2.2%, to 9,909.17. Small...

The Australian dollar changed hands at $0.6958 after seeing an earlier low of $0.6923.

The S&P 500 posted 25 new 52-week highs and no new lows; the Nasdaq Composite recorded 142 new highs and eight new lows.

China, the world’s top crude importer, is also expected to slow crude imports in the third quarter, after record purchases in recent months,

Mainland Chinese stocks were mixed in morning trade, with the Shanghai composite down fractionally while the Shenzhen component rose 0.168%.

Hong Kong’s Hang Seng index dipped 0.3% in early trade. Mainland Chinese stocks, on the other hand, edged higher. The Shanghai composite gained 0.13% while the Shenzhen component added 0.417%.

Oil capped its seventh weekly gain in eight on Friday with traders Vitol Group and Trafigura Group saying global demand is recovering

The Dow Jones Industrial Average fell 208.64 points, or 0.8%, to 25,871.46, the S&P 500 lost 17.53 points, or 0.56%, to 3,097.81 and the Nasdaq Composite added 3.07 points, or 0.03%, to...

Japan’s Nikkei 225 gained 0.72% while the Topix index nudged 0.23% higher. Over in South Korea, the Kospi traded slightly higher. Shares in Australia saw gains, with the S&P/ASX 200 up 0.75%. Overall, the MSCI...

The Dow Jones Industrial Average fell 39.51 points, or 0.15%, to 26,080.1, the S&P 500 gained 1.85 points, or 0.06%, to 3,115.34 and the Nasdaq Composite added 32.52 points, or 0.33%, to...

OPEC warned in a monthly report the market would remain in surplus in the second half of 2020 even as demand improves, as it now expects supply from outside the group to...

Hong Kong’s Hang Seng index shed 0.22% by the afternoon. Shares of Chinese e-commerce giant JD.com jumped in their Thursday Hong Kong debut, rising more than 3% as compared to the issue price.

Bankrupt car rental firm Hertz Global Holdings announced it would suspend its plan to sell $500 million in new shares after the U.S. Securities and Exchange Commission raised objections to the sale.

The African Development Bank established its Social Bond framework in 2017 and has raised the equivalent of $5.5 billion through five transactions supporting 89 eligible social projects in 28 African countries as...

At the beginning of his two-day testimony before Congress, Federal Reserve Chairman Jerome Powell said, "Until the public is confident that the disease is contained, a full recovery is unlikely."

Investors also continued to watch for developments on the geopolitical front regionally, as tensions escalate along the Korean peninsula after North Korea reportedly destroyed a liaison office with the South.

Wall Street closed higher on Monday following an announcement by the U.S. Federal Reserve regarding its corporate bond purchasing program that boosted investor confidence, which had been wavering amid a spike in...

Oil prices also fell with Brent crude, the international benchmark, down 2.5 per cent to $37.77 a barrel. US marker West Texas Intermediate was down 3.3 per cent at $35.05.

The Dow Jones Industrial Average rose 477.37 points, or 1.9%, to 25,605.54, the S&P 500 gained 39.21 points, or 1.31%, to 3,041.31 and the Nasdaq Composite added 96.08 points, or 1.01%, to...

Oil prices dropped in the morning of Asian trading hours, with international benchmark Brent crude futures down 2.75% to $37.49 per barrel. U.S. crude futures also slipped 3.55% to $35.05 per barrel.

Boeing was the heaviest weight on the Dow, shedding 16.4% after its top supplier Spirit AeroSystems Holdings Inc announced a 21-day layoff for staff doing production and support work for Boeing’s 737...

The Japanese yen traded at 106.97 per dollar, having strengthened from levels above 109 seen earlier in the trading week. The Australian dollar changed hands at $0.6953 after seeing an earlier high of $0.7004.

The Dow Jones Industrial Average fell 282.31 points, or 1.04%, to 26,989.99, the S&P 500 lost 17.04 points, or 0.53%, to 3,190.14 and the Nasdaq Composite added 66.59 points, or 0.67%, to...

Overnight on Wall Street, the Nasdaq Composite rose 0.29% to hit a record close of 9,953.75. Meanwhile, the Dow Jones Industrial Average dropped 300.14 points, or 1.09%, and snapped its six-session winning...

The Dow Jones Industrial Average fell 300.14 points, or 1.09%, to 27,272.3, the S&P 500 lost 25.21 points, or 0.78%, to 3,207.18 and the Nasdaq Composite added 29.01 points, or 0.29%, to...

The expected supply surge from Libya has been derailed after armed militants halted output at the nation’s biggest oilfield

In early trading on Tuesday, Hong Kong’s Hang Seng climbed 1.3 per cent to put the benchmark on track for sixth straight day of gains

The Dow Jones Industrial Average rose 461.46 points, or 1.7%, to 27,572.44, the S&P 500 gained 38.46 points, or 1.20%, to 3,232.39 and the Nasdaq Composite added 110.66 points, or 1.13%, to...

International benchmark Brent crude futures dipped 0.24% to $42.20 per barrel, while U.S. crude futures shed 0.56% to $39.33 per barrel.

The Dow Jones Industrial Average rose 829.16 points, or 3.15%, to 27,110.98, the S&P 500 gained 81.58 points, or 2.62%, to 3,193.93 and the Nasdaq Composite added 198.27 points, or 2.06%, to...

The Dow Jones Industrial Average rose 11.93 points, or 0.05%, to 26,281.82, the S&P 500 lost 10.52 points, or 0.34%, to 3,112.35 and the Nasdaq Composite dropped 67.10 points, or 0.69%, to...

The U.S. dollar index, which tracks the greenback against a basket of its peers, was last at 96.791 following an earlier low of 96.715.

The Japanese yen traded at 109 per dollar after weakening sharply earlier  this week from levels below 108. The Australian dollar changed hands at $0.6894, following its rise from levels below $0.68 seen earlier in the...

The Dow Jones Industrial Average rose 527.24 points, or 2.05%, to 26,269.89, the S&P 500 gained 42.05 points, or 1.36%, to 3,122.87 and the Nasdaq Composite added 74.54 points, or 0.78%, to...

Crude Oil rose above $40 for first time in three months as investors shrug off US unrest

The Dow Jones Industrial Average rose 267.63 points, or 1.05%, to 25,742.65, the S&P 500 gained 25.09 points, or 0.82%, to 3,080.82 and the Nasdaq Composite added 56.33 points, or 0.59%, to...

The Japanese yen traded at 107.61 per dollar after weakening from levels around 107.4 yesterday. The Australian dollar changed hands at $0.6794 after seeing levels below $0.657 last week.

All three major U.S stock indices began the month with gains of less than 1% on the heels of a strong rally in May.

Shares in Asia Pacific were higher on Monday, with Hong Kong’s Hang Seng index surging more than 3% in morning trade.

Volume on U.S. exchanges was 13.62 billion shares, compared to the 11.3 billion average for the full session over the last 20 trading days.

The Japanese yen traded at 107.34 per dollar after strengthening from levels above 107.8 yesterday.

The Dow Jones Industrial Average fell 147.63 points, or 0.58%, to 25,400.64, the S&P 500 lost 6.4 points, or 0.21%, to 3,029.73 and the Nasdaq Composite dropped 43.37 points, or 0.46%, to...

Developments on U.S.-China relations likely continued to be monitored by investors, as tensions between the two economic powerhouses mount.

Oil’s rally started to falter Wednesday after Moscow signaled that it wanted to scale back supply cuts pledged under the OPEC+ agreement from July

Oil prices dipped in the afternoon of Asian trading hours, with international benchmark Brent crude futures down 0.25% to $36.08 per barrel. U.S. crude futures also slipped 0.44% to $34.20 per barrel.

The Dow Jones Industrial Average rose 529.95 points, or 2.17%, to 24,995.11, the S&P 500 gained 36.32 points, or 1.23%, to 2,991.77, and the Nasdaq Composite added 15.63 points, or 0.17%, to...