European stocks rose on Wednesday, with investors analyzing the latest information around the omicron Covid variant. The pan-European Stoxx 600 gained 0.2% by early afternoon, paring earlier gains, with healthcare stocks gaining 1.2% while retail fell 0.9%. The positive trade in the region came after a strong session on Tuesday. This week, Pfizer’s CEO Albert …
How European Stocks Reacted to Covid’s New Variant Read More »
European stocks demonstrated their strength on Tuesday. They rose to their highest in more than a week boosted by a strong rebound in technology shares as worries regarding the Omicron coronavirus variant ebbed, as well as gains in the mining sector after China eased its monetary policy. The pan-European STOXX 600 index dropped 1.8% to …
The most-indebted real estate developer in the world is struggling to avoid the worst-case scenario. Shares of China Evergrande Group fell 12% to an 11-year low on Monday after the company said there was no guarantee it would have enough funds to meet debt repayments. The company’s announcement had a tremendous impact on its shares. …
Shares of China Evergrande Fell to the Lowest Level Read More »
Stocks in Asia-Pacific were mixed on December 3, following days of turbulent trading this week as investors continue to monitor the situation regarding the omicron variant of the coronavirus. Chinese tech stocks in Hong Kong fell after Didi announced on December 3 that it plans to delist from the NYSE. The company will begin taking …
Chinese Tech Stocks Fell Due to Didi’s Announcement Read More »
European stocks fell on Thursday, following a drop on Wall Street late the previous session, as the new Omicron coronavirus variant fueled market volatility. The Stoxx 600 in Europe fell 0.9% as traders reacted to the first discovery of the new strain in the United States on Wednesday and a continued rise in cases in …
Supply chain concerns and rising inflation have dampened optimism about the global economic recovery. Advanced economies will grow at a 4.4 percent annual rate in 2022. The number went down from 5.4 percent in 2021. However, it is far ahead of the 3.2 percent contraction recorded in 2020. Moreover, the estimated growth rate for 2022 …
Travel stocks declined on Monday. In Japan, shares of Japan Airlines dropped 3.98% while ANA Holdings fell 4.09%. Shares of other airlines also suffered losses on Monday. Australia’s Qantas Airways dropped 2% while shares of Cathay Pacific in Hong Kong declined 3.85%. Shares of Singapore Airlines fell 2.47% in Singapore. Those losses came as countries …
Travel Stocks declined because of the Covid’s New Variant Read More »
There is no lack of factors that have the potential to affect stocks. Stocks in Asia-Pacific declined on Friday, as fears of a new Covid variant influenced investor sentiment. The World Health Organization (WHO) is monitoring a new variant with “a large number of mutations”. Representatives of the organization will meet on Friday to discuss …
U.S. stocks were mixed on Wednesday ahead of the Thanksgiving holiday. The S&P 500 gained 0.2% after wavering between small gains and losses most of the morning. The index regained its footing in the final hour of trading. The Dow Jones Industrial Average dropped less than 0.1% on Wednesday. The Nasdaq Composite added 0.4%, getting …
U.S. Stocks Were Mixed Ahead of the Thanksgiving Holiday Read More »
Stocks in Asia-Pacific were mixed on November 24. It was a challenging day for Japanese stocks. The Nikkei 225 dropped 1.58% to end its trading day at 29,302.66. The Topix index fell 1.16% to close at 2,019.12. In South Korea, the Kospi dropped 0.1% to 2,994.29. Hong Kong’s Hang Seng index gained 0.54% as of …
Japanese Stocks Suffered Serious Losses on November 24 Read More »
Stocks in Asia-Pacific were mixed on November 22 as the world’s second-largest economy kept its benchmark lending rate unchanged. In Hong Kong, the Hang Seng index dropped 0.39% to end its trading day at 24,951.34. Hong Kong-listed shares of tech giants jumped on November 22. Shares of JD.com and NetEase added 1.93% and 3.02%, respectively. …
Mainland Chinese stocks demonstrated their strength on Friday. The Shanghai composite gained 1.13% to 3,560.37. The Shenzhen component advanced 1.19% to 14,752.49. In Hong Kong, the Hang Seng index dropped 1.07% to 25,049.97. Meanwhile, the tech-focused Hang Seng tech index fell 0.26% to 6,457.97. Hong Kong-listed shares of Alibaba fell more than 10% after the …
Mainland Chinese and Japanese Stocks Saw Gains on the Day Read More »
Nvidia stock surged more than 5.1% in extended trading after Wednesday’s earnings report for its third fiscal quarter beating expectations for sales and earnings. The company also published an optimistic forecast for revenue in the current quarter that ends in January. Here’s how it did versus expectations for the quarter ending in October: Earnings: …
Nvidia sales increased 55% on demand for AI chips Read More »
Nvidia’s stock jumped more than 5% in extended trading after Nvidia reported earnings on Wednesday for its third fiscal quarter that surpassed expectations for both earnings and sales. The company from Santa Clara also issued a bullish forecast for revenue in the current quarter ending in January. The tech giant from Santa Clara expects to …
Nvidia reported results that surpassed expectations Read More »
On Wednesday, stocks in Asia-Pacific suffered losses as Japan’s exports growth fell to the lowest point in eight months. On Tuesday, retail sales data helped boost U.S. stocks. South Korea, as well as Australia, led losses in the region. In Australia, the S&P/ASX 200 dropped nearly 1%. Financial stocks declined on Wednesday. Shares of the …
WhoIs Best Broker is leading Forex and Economy news Website. We provide you with the latest news and videos straight from the Financial Industry..
