Technology saved Hang Seng, the main reference index of the Hong Kong Stock Exchange today. It closed with gains of 0.59% despite the poor performance of the services sector. Selective Hong Kong finished at 28,194.09 points. Meanwhile, the Hang Seng China Enterprises grew by 0.95%. Two of the four sub-indices are closed in the red. …
Hang Seng rebounds by 0.59% saved by the technology sector Read More »
Wall Street closed this Thursday with gains. Its main indicator, the Dow Jones of Industrials, rose by 1.29%. Part of what was lost on the previous day due to the fear of inflation was recovered. At the close of the New York Stock Exchange session, the Dow Jones rose 433.79 points to 34,021.45. The selective …
Wall Street closed in green, and the Dow Jones gained 1.29% Read More »
The Hang Seng, the main benchmark index of the Hong Kong Stock Exchange, rose 0.78% on Wednesday. It was boosted by technology companies, which regained their pulse after the heavy losses in recent days. Selective Hong Kong finished at 28,231.04 points. Meanwhile, the Hang Seng China Enterprises, the index that measures the behavior of mainland …
The Hang Seng gained 0.78% due to the comeback of technology Read More »
The official unemployment rate increased by 0.1 percent to 6.1 percent, and hourly earnings increased by 0.7 percent. The last point appears to be a plus – except that when paired with the vast government stimulus pumping cash into the economy, it seems to be negative. For two factors, low-interest rates have aided in re-igniting …
The markets of Southeast Asia closed the first session of the week with the majority of increases. It followed a volatile week marked by the announcement of the United States that it will support the proposal to eliminate the patents of vaccines against covid-19 temporarily. Stock exchanges in Vietnam and the Philippines led the gains, …
Southeast Asian stocks start the week with increases Read More »
The main Wall Street indices began the trading day with falls on Tuesday. It happened after the Dow Jones Industrial Average and the S&P started the month in the green. The Dow Jones dropped by 0.30% to 34,010.39 units. Meanwhile, the S&P 500 yielded 0.51%, at 4,171.23 points. The Nasdaq Composite dropped by 0.48%, at …
Wall Street opened in red, weighed down by tech stocks Read More »
Southeast Asian stock markets closed one more day with rises encouraged by the decisions of the US Federal Reserve and the new stimulus plan. In Singapore, the stock market of the city-state increased 2.02 points or 0.06%. The Straits Times Index remained at 3,221.58 units. In Indonesia, the Jakarta stock advanced 38.48 integers or 0.64%, …
Southeast Asian stocks continue their rising streak Read More »
The software giant Microsoft announced a profit of 44.813 million dollars in the first nine months of its fiscal year 2021. It represents an increase of 35% compared to the same period of the previous year. The Washington-based company brought in $121.936 million between July and March. It was an increase from $104.982 million from …
Microsoft earns 44.8 million dollars in 9 months, 35% more Read More »
The S&P 500 and the Nasdaq were set to open slightly higher on Tuesday as investors got ready for earnings reports from Microsoft and Alphabet. At the same time, they are awaiting signs from the Federal Reserve on its monetary policy stance. Besides, Apple Inc, Facebook Inc, and Amazon.com Inc’s shares were also higher. The …
Asian stock markets rose to six-week highs on Monday on signs that the global economic recovery remains on track. However, increasing COVID-19 cases in the region weighed on sentiment for investors. Futures for the Euro Stoxx 50 were flat, as were those for the German DAX. The mood was relatively positive in Asia, where the …
This Thursday, Wall Street shares closed in the red. The Dow Jones dropped by 0.94%. It was a result of an announcement that Joe Biden, the United States president, proposes a tax increase on large capital gains. At the close of the NYSE session, the Dow Jones yielded 321.41 points to 33,815.90; and the S&P …
Wall Street closes lower, and the Dow falls by 0.94% Read More »
Asian shares soared today after Wall street posted profits. Japan’s Nikkei 225 index NIK increased by 2.38%. Toshiba Corp. gained 3.45%. Meanwhile, Hong Kong’s Hang Seng increased by 0.47%. In Seoul, the Kospi climbed by 0.18%. Sydney’s S&P/ASX 200 XJO added 0.4%. The Shanghai Composite index yielded 0.23%. Shares hiked in Singapore by 1.04%, Taiwan …
Asian markets advanced after Wall Street’s gains Read More »
Wall Street extended losses for the second consecutive day. Its primary indicator, the Dow Jones of Industrialists, plunged by 0.75%. Markets had high expectations for economic recovery. However, they are now recovering from those positions since global health authorities expect new waves of coronavirus cases. At the close of the NYSE session, the S&P 500 …
Wall Street closes in red for the second consecutive day Read More »
Tech stock pulled lower Wall Street on Tuesday. That resulted in mixing Asian stock markets. Hong Kong and Tokyo retreated. But Seoul and Shanghai gained. According to Wall Street, its benchmark S&P 500 index loses 0.5% Overnight. Energy companies, banks, and others similar companies that depend on consumer spending also experienced retreats. Investors gained optimism …
On Monday, U.S. stock index futures were mixed in trading after Dow Jones Industrial Average hit record highs on Friday. Futures are tied to the Dow that slid 80 points while S&P futures traded below the flatline. On the other hand, Nasdaq 100 futures trading in mildly positive territory. Stocks are coming off after gaining …
U.S. Stock futures mixed after Dow Hits Record Highs Read More »
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