|Day's range||26,915.080 - 27,116.650|
|52-week range||24,540.631 - 33,484.078|
U.S. stocks flipped between small gains and losses Thursday after two sessions of advances as investors parsed a raft of earnings reports and trade developments. Trade and other political uncertainties have helped depress investor sentiment in recent months, given the potential implications for economic growth and corporate supply chains. Among decliners, shares of Morgan Stanley fell 4.5% after the bank’s fourth-quarter profit missed expectations. The company’s lows of the day had put the stock on pace for its largest percentage loss since June 2016.
Asia Pacific shares traded mixed on Thursday, despite strong quarterly earnings in the U.S. and after the U.K. government won a parliamentary confidence vote. On Wednesday, China's central bank pumped 560 billion yuan ($83 billion) into its banking system, which was a record amount of money injected in one day. Elsewhere, the U.K. government led by Prime Minister Theresa May survived a vote of no-confidence in parliament as it tries to cobble together a plan for Britain's pending departure from the European Union.
Asia Pacific markets traded mixed on Wednesday despite an overnight rally on Wall Street as investors sifted through fresh uncertainties surrounding the U.K.'s withdrawal from the European Union. Prime Minister Theresa May's plan on how Britain should exit the European Union was overwhelmingly voted down in the House of Commons, which is the U.K.'s lower house of parliament.
Asia Pacific markets mostly traded higher Tuesday despite lingering concerns over an economic slowdown in China, which dampened sentiment at the start of the week. Gains in Asia came despite declines on Wall Street overnight as the U.S. corporate earnings season kicks off. The British pound was a focus for investors as lawmakers were set to vote on U.K. Prime Minister Theresa May's Brexit deal to leave the European Union.
LONDON (AP) — Stock markets around the world drifted lower Monday after China reported a slowdown in exports dented the recent upturn in confidence. The British pound was steady ahead of a tumultuous week in British politics with lawmakers expected to vote against Prime Minister Theresa May's Brexit deal.
BANGKOK (AP) — Shares were lower in Asia on Monday, extending the latest losses on Wall Street, as China reported a slowdown in exports.
Asia Pacific markets started off the trading week mostly on the back foot as major indexes in South Korea, China, Hong Kong and Singapore tumbled. Investors reacted to Chinese government data, which revealed China's December exports and imports fell unexpectedly.
A five-session winning streak for global stocks ran out of steam as participants took a more cautious stance ahead of the weekend and the start of the US quarterly earnings season next week. “Although stock markets have mostly dismissed the shutdown as having little relevance for trading, Federal Reserve chairman Jerome Powell has warned that a prolonged US government shutdown could start taking a toll on the country’s economic growth,” said Fiona Cincotta, senior market analyst at City Index.
Equities edged higher in early Asia-Pacific trading on Friday but investors showed relatively muted excitement over fresh signs of progress in the trade negotiations between the US and China. US Treasury ...
Speaking at the Economic Club in Washington, Mr. Powell said the economy is on solid footing and there are few signs a recession is imminent, but the Federal Reserve isn’t committed to a set course of rate increases, echoing a more market-friendly tone the central bank has taken since a punishing fourth-quarter selloff nearly upended the long-running bull market. The Fed is open to quickly altering its pace, especially with inflation remaining subdued, he said. “We are in a place where we can be patient and flexible and see what does evolve,” added Mr. Powell.
Asia markets mostly slipped on Thursday following lower-than-expected Chinese inflation data while investors digested the conclusion of a three-day trade negotiation between the U.S. and China. Official Chinese inflation data for the month of December, released at the same time as market open in China, came in below expectations. The latest round of trade negotiations between the U.S. and China concluded on Wednesday after an unscheduled third day of talks.
FT subscribers can click here to receive Market Forces every day by email. between US and Chinese officials in Beijing have concluded and there are signs of progress. A US statement said officials will report back to the White House.
US stock futures climbed for a fourth day amid rising optimism that the US and China, which ended their trade talks on Wednesday, are inching towards an agreement to resolve a bruising dispute that has rattled the global economy.
The renminbi rose to a one-month high and Chinese-focused stocks gained in early trading on Monday as a fresh round of US-China trade talks kicked off in Beijing and following the announcement of new stimulus ...
Global markets are in turmoil but opportunity awaits "brave" investors in Asia, according to LGT Bank strategist Stefan Hofer. Investors should not assume that the difficult trading environment at the start of 2019 will set the tone for the entire year, Hofer said. Hong Kong, where stocks slumped 13.6 percent last year, is a good place to start as it offers a buffer against the currency risk seen this week when the yen spiked, he said.
Markets in the continent got a boost after China's commerce ministry said the U.S. and China would hold trade talks on Jan. 7-8. Data showing China's services sector extended a solid expansion in December also provided support, amid fears of a slowdown in growth. A survey showed 57 percent of U.K. Prime Minister Theresa May's Conservative Party would rather a no-deal Brexit over her Brexit deal.
Apple lowered its first-quarter revenue guidance to $84 billion, down from the $89 billion to $93 billion that had previously been forecast. European Apple suppliers fell, with shares of Austrian chipmaker AMS plunging 19 percent and Swiss firm STMicroelectronics down 9.6 percent. Next rose close to the top of the European benchmark after reporting a jump in Christmas sales in the run-up to the Christmas holiday season.
Recently released data from major Asian economies pointed to manufacturing sector deceleration, reigniting concerns of a global growth slowdown.
Asian stocks were mostly lower on the first trading day of 2019, with one investor warning that it could be a "continuation" of 2018, a year which sent most major global stock markets reeling in significant losses. Chinese shares slipped on the day after a private survey showed manufacturing activity in China contracted in December. Shares in Asia were mostly lower on the first trading day of 2019, on the back of a turbulent 2018 that saw most major global stock exchanges end the year with significant losses.
2018 has been unkind to China's stock markets. Major indexes in Shanghai and Shenzhen both saw annual losses of more than 24 percent in 2018. Two major factors unsettled the Chinese markets for much of 2018: The ongoing trade war between Beijing and Washington and the slowdown in China's own economy following decades of strong growth.
The benchmark indexes in Hong Kong and Australia both saw annual declines in 2018. Markets in Japan, South Korea and mainland China were closed for public holidays. U.S. President Donald Trump took to Twitter on Saturday and said that a "long and very good call" had taken place between himself and Chinese President Xi Jinping.
U.S. stocks were set to open higher Friday, adding to a week of seesaws on Wall Street that captured the uncertainty gripping investors heading into 2019. In Asia, Hong Kong’s Hang Seng Index was up 0.1% and China’s Shanghai Composite gained 0.4%. The holiday period has been defined by wild market swings, with U.S. stocks slumping Thursday before staging a dramatic comeback just before markets closed.
Most Asian stock markets gained while Japan edged down following Wall Street's rally at the end of a turbulent week. KEEPING SCORE: The Shanghai Composite Index rose 0.5 percent to 2,495.16 points while ...
More wild market swings appeared imminent Thursday, with U.S. stocks heading sharply lower after the largest single-day point gain in history for the Dow. Slowing economic growth globally and a partial U.S. government shutdown heading into its sixth day whipsawed markets from Europe to Asia. Dow futures pointed to a 400-point loss less than two hours before the opening bell, following a 1,000-point gain the previous day.