On Wednesday, the Federal Reserve made an important announcement. It soon will begin reducing the pace of its monthly bond purchases, the first step toward pulling back on the massive amount of help the central bank had been providing markets and the economy. The Federal Reserve’s decision helped to boost stocks in Asia-Pacific on Thursday. …
Federal Reserve’s Decision Helped to Boost Stocks in Asia Read More »
TikTok is one of the most popular short video apps in the world. Shou Zi Chew who serves as the CEO of TikTok made an interesting decision. He also serves as the CFO of ByteDance, but he plans to focus on a short video app. So, he decided to leave ByteDance. Liang Rubo who is …
U.S. stock futures demonstrated their strength on Monday morning as investors bet on a year-end rally after markets navigated a typically tough seasonal period successfully. Dow futures advanced 139 points and the S&P 500 added 0.3%. The Nasdaq 100 futures gained 0.2%. Shares of Tesla continued their gains over the years with shares up more …
Dow Futures Gained 139 Points, S&P 500 Futures Added 0.3% Read More »
Stocks rose on Thursday as strong earnings from major firms bolstered the equity markets. The Dow Jones Industrial Average soared 175 points or 0.5%. Meanwhile, the S&P 500 surged 0.8%, whereas the tech-heavy Nasdaq Composite gained more than 1% to reach an intraday record high. Ford shares advanced more than 8% on blockbuster earnings while …
Stocks up As Strong Earnings Bolstered the Equity Markets. Read More »
Shares in Asia-Pacific were down in Wednesday trade, with Chinese tech stocks in Hong Kong posting big losses. By Wednesday afternoon in Hong Kong, shares of Tencent fell 3.07% while e-commerce giant Alibaba declined 3.01%, and Meituan sank 5.02%. Remarkably, the Hang Seng Tech index declined by 3.57%. The broader Hang Seng index in Hong Kong …
Asian Shares Down, with Chinese Tech Stocks Posting Losses Read More »
U.S. stock futures mostly gained on Monday after the Dow Jones Industrial Average closed its third positive week in a row at a record. Notably, the rise was due to better-than-anticipated earnings reports. Dow futures advanced 25 points, whereas S&P 500 futures were gained around 0.2%. Futures for Nasdaq 100 were trading up by 0.3% …
U.S. Futures up After Dow Closed Its Third Positive Week Read More »
U.S. stock futures were muted today morning after weak earnings reports from technology companies. Futures of the Dow Jones Industrial Average surged 6 points. Meanwhile, S&P 500 futures and Nasdaq-100 futures both witnessed declines. Shares of Intel recovered more than 8% after hours following a weaker-than-anticipated sales report. The semiconductor firm blamed an industry-wide chip …
U.S. Stock Futures Changed After Weak Earnings Reports Read More »
The S&P 500 advanced on Wednesday for a sixth day as investor sentiment was raised by better-than-anticipated earnings reports and a new record for the dominant cryptocurrency, Bitcoin. The Dow Jones Industrial Average (DJIA) increased by 100 points or 0.02%. Meanwhile, the S&P 500 soared 0.2%. Meanwhile, the Nasdaq Composite declined by 0.05%. Bitcoin climbed …
S&P 500 surges after better-than-expected reports Read More »
The S&P 500 advanced on Wednesday for a sixth day as investor sentiment was raised by better-than-anticipated earnings reports and a new record for the dominant cryptocurrency, Bitcoin. The Dow Jones Industrial Average (DJIA) increased 100 points or 0.02%. Meanwhile, the S&P 500 soared 0.2%. Meanwhile, the Nasdaq Composite declined by 0.05%. Bitcoin climbed $66,299 …
S&P 500 surges after better-than-expected earnings reports Read More »
U.S. stock futures increased on Tuesday as major companies continued to report strong Q3 earnings. Notably, this eased concerns that persistent COVID-19 cases and increasing costs would derail corporate America’s profit rebound. Futures linked to the Dow soared around 167 points or 0.5%. Meanwhile, S&P 500 futures rose 0.5% and Nasdaq 100 futures boosted 0.4%. …
U.S. futures gain as major firms report strong Q3 earnings Read More »
European stocks rose on Wednesday as strong earnings offset worries about global growth and inflation. The pan-European Stoxx 600 gained 0.7%, while it has started the session in the red. Meanwhile, tech stocks jumped 2.6%, and banks declined by 1.6%. According to the Labor Department, the consumer price index (CPI) gained 0.4% in September from …
European stocks surge after the release of strong earnings Read More »
U.S. stock futures surged on October 13 as investors expect the start of the earnings season and a new inflation reading. The Dow Jones Industrial Average futures gained 24 points, whereas S&P 500 futures surged 0.1% and Nasdaq 100 futures boosted 0.4%. Investors are waiting for September’s consumer inflation report. It is anticipated to have continued …
U.S. stock futures are up ahead of earnings season Read More »
Asia-Pacific shares declined on Tuesday, with major indexes in China and South Korea declining at least 1%. The Hang Seng index in Hong Kong slumped 1.43% to settle at 24,962.59. China Evergrande New Energy Vehicle’s shares surged 4.56%. The rise came after the company vowed on Monday to start producing electric vehicles next year. As …
Asian shares were mixed on Monday as stocks in Hong Kong led gains regionally. The Hang Seng index in Hong Kong ended the session 1.96% higher at 25,325.09. Meituan’s shares in Hong Kong increased 8.36%. On Friday, China’s market regulator reported it had fined the firm around 3.4 billion Chinese yuan ($527.71 million) after finding …
Asian shares up, with Hang Seng index trading 2% higher Read More »
Chinese stocks surged on the first day of trade after a week-long holiday, tracking other stock markets across Asia. Additionally, markets on Wall Street rallied. Data on Friday also revealed that the services activity in China returned to positive levels. Mainland Chinese stocks pared earlier increases but were still higher by the close. The Shanghai …
Chinese stocks increased after the Golden Week holiday Read More »
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