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 …
It was a good day for European stocks, they closed slightly higher on Monday as investors monitored the steady drip of economic data as well as earnings around the world. On Monday, the pan-European Stoxx 600 provisionally closed up by around 0.3%. Retail and utility stocks gained 0.8%, while the basic resources sector sank 1.2%. …
Important Details About European and Asian Stocks Read More »
The Nasdaq Composite advanced 0.5% to close at 15,704.28. The tech-heavy Nasdaq rebounded on November 11 after hot inflation data and surging bond yields sparked a sell-off in technology stocks in the previous session. On November 11, the S&P 500 closed marginally higher at 4,649.27. However, the Dow Jones Industrial Average was not so lucky. …
Stocks in Asia-Pacific were mixed on November 11, after data released one day earlier showed U.S. consumer inflation spiked in October. Shares of a real estate developer China Evergrande Group listed in Hong Kong jumped 5.49%. A report from Chinese media outlet Cailianshe that several bondholders received coupon payments from the company helped to boost …
On Wednesday, shares of DoorDash jumped more than 15% before the bell as the company announced it will acquire Wolt. DoorDash decided to buy Wolt, a food delivery platform that’s expanded into groceries as well as retail, in an all-stock transaction valued at $8.1 billion. The move is an effort to accelerate DoorDash’s international growth. …
Shares of DoorDash Gained More than 15% Before the Bell Read More »
On Tuesday afternoon, European stocks strengthened their positions, as investors assessed a key reading of U.S. inflation data. The pan-European Stoxx 600 gained around 0.2%, with retail stocks adding 1.57%, while the insurance sector slid 0.74%. Hospital equipment maker Ambu from Denmark jumped more than 8% to lead Stoxx 600. Primark owner AB Foods gained …
European Stocks Strengthened Their Positions on Tuesday Read More »
Stocks in Asia-Pacific were mixed on November 8 as investors digested China’s trade data released over the weekend. Mainland Chinese stocks saw gains on November 8. They recovered from earlier losses to close higher, with the Shanghai composite gaining 0.2% to 3,498.63. The Shenzhen component added 0.32% to end its trading day at 14,508.86. In …
Stocks Were Mixed as Investors Reacted to China’s Trade Data Read More »
Investors, as well as analysts, are waiting for the jobs report. Meanwhile, stock futures were muted on Friday morning ahead of the highly anticipated October jobs report. On Friday morning, futures on the Dow Jones Industrial Average dropped 24 points. Nasdaq 100 futures and S&P 500 futures hovered above the flatline. The nonfarm payrolls report …
Stock Futures Were Mixed Ahead of the Jobs Report Read More »
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