Oil prices slipped on Friday after touching their highest in six weeks as concerns of wider lockdowns in India and Brazil to curb the COVID-19 pandemic offset a bullish outlook on summer...
Wall Street's S&P 500 and Nasdaq indexes hit record levels on Thursday after stellar earnings from Apple and Facebook powered a rally in tech stocks, while upbeat economic data supported bets of...
Stocks in Asia-Pacific mostly rose in Thursday trade, as investors reacted to the U.S. Federal Reserve’s decision to keep its easy money policy in place. South Korea’s Kospi gained 0.23% in afternoon trade while the S&P/ASX 200 in Australia...
Oil prices extended gains on Thursday after rising 1% the previous session, as bullish forecasts on recovering demand this summer offset concerns of rising COVID-19 cases in India, Japan and Brazil. Brent...
Boeing Co fell 2.9% on wall street after posting a wider-than-expected quarterly loss and pausing 737 MAX deliveries over an electrical issue that has partly re-grounded the fleet.
Shares in Asia-Pacific were mixed on Wednesday; however, already-high valuations ahead of the U.S. Federal Reserve’s latest policy decision capped gains. In Japan, the Nikkei 225 rose by 0.21% to close at...
Oil prices edged lower on Wednesday with a rapid spread of COVID-19 infections in India, a bigger-than-expected build in U.S. crude stocks outweighing confidence shown by OPEC and its allies of a...
Tepid results from Tesla and 3M weighed on Wall Street on Tuesday, with the S&P 500 and Dow ending near flat as investors focused on wave of earnings reports from Microsoft, Alphabet...
Shares in Asia-Pacific were lower in Tuesday trading as concerns about the pandemic continued to linger. In Japan, the Nikkei 225 shed 0.15% while the Topix index shed 0.44%. Nikkei 225 Index Performance Chart...
Oil was up Tuesday morning in Asia, bouncing back from the previous session’s drops. However, investors remained concerned about fuel demand recovery as the number of COVID-19 cases in India, the world’s...
The S&P 500 and Nasdaq closed at record highs on Monday, fueled by Tesla Inc and other heavyweight growth stocks ahead of a deluge of earnings reports this week. The Nasdaq's record...
Asian stocks climbed to six-week highs on Monday amid signs the world economic recovery was still well on track, though rising COVID-19 cases in the region weighed on sentiment, pushing oil prices...
On Monday, oil prices fell on fears that surging COVID-19 cases in India will drive down fuel demand in the world’s third-biggest oil importer and as investors adjusted positions ahead of a...
Despite a brief global markets rally on Thursday, it was a disappointing week for Japanese equity markets—weighed down by weakness across all sectors as the government enhanced its response to tackle surging...
Stocks in Asia-Pacific were mixed on Friday, with the price of bitcoin tumbling below $49,000. The Nikkei 225 in Japan fell 0.57% to close at 29,020.63, while the Topix index shed 0.39% to...
Oil prices rose on Friday on hopes of a fuel demand recovery in the United States and Europe as economic growth picks up and lockdowns ease, but worries about India’s raging second...
Wall Street was mixed on Thursday on reports President Joe Biden planned to almost double the capital gains tax, news analysts said provided an excuse to take profits in a directionless market...
Stocks in Asia-Pacific rose on Thursday, with Japanese shares leading gains among the region’s major markets. The Nikkei 225 in Japan jumped 2.38% to close at 29,188.17, recovering partially from two days of losses...
Libya’s National Oil Corp (NOC) declared force majeure on Monday on exports from the port of Hariga and said it could extend the measure to other facilities due to a budget dispute...
Gold prices rose on Thursday to hover near an eight-week high touched in the last session, as a sagging dollar and weaker U.S. Treasury yields boosted the metal’s appeal, while palladium held...
Wall Street rebounded on Wednesday after a two-day decline in a broad rally as a tilt toward stocks poised to benefit from a recovering economy offset Netflix Inc’s sell-off after its disappointing...
Stocks in Asia-Pacific largely fell on Wednesday as a surge in coronavirus cases in countries like India weighed on the economic outlook and investor sentiment. In Japan, the Nikkei 225 dropped 2.03% to close...
Oil prices edged lower for a second day on Wednesday, weighed down by concerns that surging COVID-19 cases in India will drive down fuel demand in the world's third-biggest oil importer. Brent...
Stocks on Wall Street fell for a second straight day on Tuesday as a global spike in coronavirus cases hit travel-related shares and investors had second thoughts about big U.S. banks’ apparently...
Shares in Asia-Pacific were mixed in Tuesday trade as China kept its benchmark lending rate unchanged. Stocks in Japan led to losses among the region’s major markets, with the Nikkei 225 falling 2.12%...
Gold prices slipped on Tuesday after hitting a seven-week high in the previous session, as a rise in U.S. Treasury yields eclipsed support from a weaker dollar. Spot gold was down 0.2% to...
Oil prices rose on Tuesday, supported by a weaker U.S. dollar which boosts demand for dollar-denominated assets from buyers holding foreign currencies. Additionally, there are expectations that crude inventories fell in the...
GameStop Corp jumped 6.3% on wall street after the announcement of its chief executive’s resignation while Harley-Davidson Inc jumped 9.7% after the motorcycle maker raised it full-year forecast for sales growth.
Shares in Asia-Pacific mostly rose in Monday trade, though India’s markets lagged as the country continues to see a surge in Covid-19 infections. Mainland Chinese stocks led gains among the region’s major...
Oil prices were lower on Monday as rising coronavirus infections in India and other countries prompted concerns that stronger measures to contain the pandemic will hit economic activity, along with demand for...
Shares in Europe rose to follow other global markets on hopes of a strong recovery in the global economy and corporate earnings, despite a resurgence in coronavirus infections
The three main Wall Street Indices ended Friday higher for the day and week, with the S&P 500 and the Dow breaking closing records, as investors took strong economic data and bank...
Shares in Asia-Pacific edged higher on Friday as investors reacted to the release of Chinese economic data. Mainland Chinese stocks closed higher as the Shanghai composite gained 0.81% to 3,426.62 while the Shenzhen component advanced 0.296% to...
Oil prices extended gains on Friday, recording a weekly gain of more than 6% with an improved oil demand outlook and strong economic recoveries in China and the United States, offsetting concerns...
The S&P 500 scored its second closing high this week, and the Dow surpassed its previous peak on April 9. The Nasdaq Composite finished above 14,000 for the first time since Feb....
Stocks in Asia-Pacific were mixed in Thursday trade, with Australia’s jobs data for March beating expectations. In Australia, the S&P/ASX 200 gained 0.39%. ASX 200 Index Performance Chart Australia’s unemployment rate for March came...
Oil prices tumbled on Thursday after holding around one-month highs in the previous session, having surged at around 5% after the International Energy Agency (IEA) and OPEC raised forecasts for oil demand...
The Nasdaq Composite dropped 138.26 points, or 0.99%, to 13,857.84, weighed by technology-related stocks including Apple Inc, Microsoft Corp and Tesla Inc.
Shares in Hong Kong led gains in Asia-Pacific during Wednesday trade as Chinese tech stocks listed in the city jumped. Hong Kong’s Hang Seng index led to gains among the region’s major markets...
Oil extended gains on Wednesday during early Asian trading hours after an industry report pointed to another decline in U.S. crude stockpiles followed by OPEC raising its outlook for oil demand. Brent...
The S&P 500 posted 43 new 52-week highs and one new low; the Nasdaq Composite recorded 60 new highs and 81 new lows with Advancing issues outnumbering declining ones on the NYSE...
Shares in Asia-Pacific were mixed on Tuesday, with South Korea leading major markets regionally. By end of trading on Tuesday, the Kospi in South Korea was 1.07% higher, at 3,169.08 while in...
Oil prices edged higher today amidst tensions in the Middle East after the Yemen-based Houthi movement said it fired missiles on Saudi oil sites and an expected drawdown in crude inventory in...
Tesla Inc rose 3.7% on wall street after Canaccord Genuity upgraded the electric-car maker’s shares to “buy,” saying the company could become “the brand” in energy storage.
Asia-Pacific stocks mostly declined on Monday, with shares in India and China recording great losses. The losses came as the COVID-19 situation in the country remains severe, with India recording high cases...
Oil prices edged higher on Monday as investors watched out for the short-term demand outlook amid the rising cases of COVID-19 in some regions. In contrast, a rising dollar reduced the appeal...
Global markets hit record highs on Tuesday, supported by strong economic data from China and the US, while currency and bond markets paused for breath after a month of rapid gains in...
Wall Street's benchmarks, the S&P 500 and the Dow rose on Friday to close at record highs, posting a third straight weekly rise partly on a lift from growth stocks, with a...
Shares in Asia-Pacific were mostly lower in Friday trade after the S&P 500 on Wall Street cruised to another record closing high overnight. Hong Kong’s Hang Seng index dipped 0.72% by the afternoon. Shares...
Oil prices edged up in early Asian trade on Friday, supported by a weaker dollar, as investors weighed rising supplies and the impact on fuel demand from the COVID-19 pandemic. Brent crude...
Analysts have raised expectations for first-quarter S&P 500 earnings increase to 24.2%, according to Refinitiv IBES data as of April 1, versus 21% forecast on Feb. 5
Stocks in Asia-Pacific mostly rose on Thursday after the S&P 500 nudged higher to a record closing high overnight. Hong Kong’s Hang Seng index led gains among the region’s major markets, rising 1.16% to...
Oil prices fell on Thursday after official figures showed a big increase in U.S. gasoline stocks, causing concerns about demand for crude weakening in the world’s biggest consumer of the resource at...
Analysts have raised expectations for first-quarter of Wall Street's S&P 500 component earnings increase to 24.2%, according to Refinitiv IBES data as of April 1, versus 21% forecast on Feb. 5.
Oil prices dropped earlier this week after the Organization of the Petroleum Exporting Countries (OPEC) and allies, known as OPEC+, agreed to gradually ease oil output cuts from May.
Asia-Pacific markets traded mostly up Wednesday but shares on the Chinese mainland and in Hong Kong lost ground. Australia’s ASX 200 advanced 0.61% to 6,928, with all sectors closing higher. Major banking stocks reversed...
Spot gold was down 0.3% to $1,737.75 per ounce by 0354 GMT. U.S. gold futures slipped 0.3% to $1,738.60 per ounce.
Volume on wall street stood at 9.65 billion shares, compared with the 12.39 billion average for the full session over the last 20 trading days.
Oil prices rose early on Tuesday as a drop in the U.S. dollar made crude a more attractive buy, paring losses of more than 4% incurred overnight on the prospect of producers...
Shares in Asia-Pacific were mixed on Tuesday, after major indexes on Wall Street surged to record closing highs overnight stateside. The Nikkei 225 in Japan slipped 1.3% to close at 29,696.63 while the Topix index dropped...
Oil has recovered from historic lows last year with the support of record OPEC+ cuts, most of which will remain after July. Demand is expected to recover further in the second half.
Global markets were moving this week, with the major highlights of the holiday shortened week being the global consumer confidence increasing to its highest level since the onset of the corona virus...
Microsoft, Amazon, Alphabet and Nvidia jumped 2% or more, pushing wall street S&P 500 to highs with growth stocks showing signs of awakening after lagging in recent weeks.
Shares in Asia-Pacific were higher in Thursday trade as the second quarter kicked off with several economic data releases out across the region. Hong Kong’s Hang Seng index led to gains among...
Crude prices rose on Thursday, redeeming some of the previous session’s losses on expectations that a meeting of OPEC + on Thursday would yield output constraint in the face of resurgent COVID-19...
The S&P 500 and Nasdaq rose on Wednesday, boosted by gains in technology shares, and the three major Wall Street indexes registered their fourth straight quarterly rise as investors positioned themselves for...
Shares in Asia-Pacific traded mixed on Wednesday as official data showed China’s factory activity growing in March. In Japan, the Nikkei 225 shed 0.63% while the Topix index declined 0.68%. South Korea’s Kospi, on the...
Oil prices rose on Wednesday, paring overnight losses a day ahead of a meeting of OPEC and its allies, with investors betting the producers will largely agree to extend their supply curbs...
Stocks on Wall Street ended down slightly on Tuesday, with investors selling tech-related growth shares after U.S. Treasury yields hit a 14-month high. At the same time, the S&P 500 financials, industrials...
Shares in Asia-Pacific were mixed on Tuesday as investors watched the movement in shares of Japanese financial services firm Nomura following their Monday plunge. The Nikkei 225 in Japan traded fractionally higher while the...
Oil prices fell on Tuesday as shipping traffic resumed through the Suez Canal after days on hold. Investors focus has switched to an OPEC+ meeting this week where the extension of supply...
Shares of Morgan Stanley were down 2.5% on Wall Street after the Financial Times reported it had also sold billions of shares, while the banks index shed about 1.9%.
Stocks in Asia-Pacific were mostly higher in Monday trade, as India's markets are closed for a holiday. The Nikkei 225 in Japan gained 1.2% in afternoon trade while the Topix index advanced...
Oil Prices are getting some support from expectations that the OPEC and its allies will maintain lower output levels when they meet this week.
Global markets rose during the week all through to Friday while safe havens such as the dollar and U.S. Treasuries dipped as hopes for a global economic recovery overshadowed the continued blockage...
The S&P 500 and Dow rose in a broad-based rally on Friday with technology, healthcare and financial stocks providing the biggest lift as investors bet on a recovery that is expected to...
Asian markets opened higher on Friday after U.S. equities rose as investors weighed the outlook for economic growth and inflation and welcomed vaccination rollouts progress. By the Friday market close on the...
Oil prices reversed a sharp sell-off a day earlier to rise 1% on Friday on mounting fears that it could take weeks to dislodge a giant container ship blocking the Suez Canal,...
An end-of-quarter rebalancing of investment portfolios by institutional investors added to another mostly seesaw session in which the major Wall Street indexes rose and fell amid the ongoing rotation from growth into...
Shares in major Asia-Pacific markets were mixed on Thursday, though tech stocks in the region took a hit following a sell-off in the sector overnight on Wall Street. In Japan, the Nikkei 225 rose...
Oil prices fell more than 2% as fresh coronavirus lockdowns revived worries about demand for oil products, even as tug boats struggled to move a stranded container ship blocking crude oil carriers...
On Wall Street, the Dow Jones Industrial Average fell 3.09 points, or 0.01%, to 32,420.06. The S&P 500 lost 21.38 points, or 0.55%, to 3,889.14 and the Nasdaq Composite dropped 265.81 points,...
Shares in Asia-Pacific were largely lower on Wednesday as concerns over the prevailing pandemic. The Hang Seng index in Hong Kong was one of the biggest losers among the region’s major markets, closing...
Oil prices steadied on Wednesday, after the previous day’s slump. However, the recovery was hindered by fears of a slow recovery in demand due to the new wave of COVID-19, which has...
The benchmark wall street's S&P 500 and the blue-chip Dow have rallied about 80% from their pandemic lows of a year ago, while the tech-heavy Nasdaq more than doubled in value.
Shares in major Asia-Pacific markets slipped on Tuesday, weighed by Chinese markets as investors took profit on a recent rally in some mainland firms, despite the rising inflation fears. Investors now await...
Oil prices fell 1% on Tuesday amidst concerns that curb the spread of the coronavirus pandemic and slow vaccine rollouts in Europe will slow recovery in fuel demand and as producers cut...
Wall Street rallied as technology stocks rebounded. Tesla jumped after a fund run by an influential investor in the electric-car maker said its shares could approach $3,000 by 2025.
Asian shares were mixed Monday as the U.S. Federal Reserve’s announcement shook sentiment that it would end some emergency measures put in place last year to help the financial industry deal with the...
Oil prices extended losses on Monday, amidst concerns that European lockdowns may slow down the expected recovery on oil demand. Brent crude was down 34 cents, or 0.5%, at $64.19 a barrel by...
Concerns that developments in Turkey would threaten gold financial markets strengthened the dollar, making gold expensive for non-U.S. investors.
Major Global market indices continued their gaining streak this week, with some touching record highs early in the week, some of them however later lost ground as bond yields reached their highest...
Asia-Pacific markets mostly fell Friday as investor sentiment turned cautious, following an overnight selloff stateside. Australian shares traded lower, with the benchmark ASX 200 closed down 0.56% at 6,708.20 — the index retraced some...
Oil prices fell on Friday for the sixth day in a row, down nearly 9% for the week, as a new wave of COVID-19 infections in particular across Europe spurred fresh lockdowns...
Wall Street ended sharply lower on Thursday, with the Nasdaq tumbling 3%, hit by rising Treasury yields and fresh worries about the coronavirus pandemic in Europe. Losses in U.S. stocks accelerated after...
Asia-Pacific markets broadly advanced Thursday as investors cheered after the U.S. Federal Reserve’s policymaking committee overnight voted to keep short-term borrowing rates near zero in a widely expected move. The Nikkei 225...
Oil prices declined for a fifth consecutive session on Thursday, falling around 1% after official data showed a further increase in U.S. crude and fuel inventories. At the same time, the prevailing...
Visa Inc, a multinational financial services corporation, is planning to enter the cryptocurrency business to capture the business opportunity of becoming the mainstream payment vehicle.
It was the first time the Dow closed above 33,000 points after the Federal Reserve issued a report that they were very optimistic on economic recovery.
Asia-Pacific markets traded mixed on Wednesday as investors wait for the outcome of the U.S. Federal Reserve’s two-day policy meeting later in the day. Australia shares cut back some of their earlier losses as...
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