|Day's range||22,318.15 - 22,509.36|
|52-week range||19,239.52 - 24,129.34|
Global shares were on the mend on Friday as Pyongyang's measured response to U.S. President Donald Trump's announcement to call off a key summit with North Korea healed market sentiment. As Ciara Lee reports, some investors appear to be getting accustomed to the U.S. leader's sudden moves.
NEW YORK (AP) — Energy companies and oil prices took their worst losses in months Friday on reports OPEC countries plan to produce more oil soon. Stock indexes finished an indecisive week with small losses.
Global Markets Are Mixed, Oil Is Weak amid Supply ConcernsEconomic calendar 8:30 AM EST: US core durable goods orders (April) 9:15 AM EST: European Central Bank Coeure speaks 9:20 AM EST: Bank of England governor Carney speaks 9:20 AM EST: US Fed chair Powell speaks 10:00 AM EST: US Michigan Consumer Expectations (May) 10:00 AM EST: US Michigan Consumer Sentiment (May) 11:45 AM EST: US FOMC member Bostic speaks 11:45 AM EST: US FOMC member Kaplan speaks 1:00 PM EST: US Baker Hughes oil rig count 3:20 PM EST: German Bundesbank president Weidmann speaks
HONG KONG (AP) — World stock markets were mixed Friday as investors eyed the diplomatic rhetoric over North Korea, developments in global trade disputes and prepared for a long weekend in the U.S. and Britain.
Wall Street stocks were poised for modest gains on Friday, with geopolitics still a distraction for investors, but a clutch of economic data and Fed speakers are swinging into focus ahead of the long holiday ...
Investing.com – Asian stocks were mostly lower in afternoon trade on Friday amid fragile market sentiment following news that U.S. President Donald Trump called off the planned June 12 summit with North Korean leader Kim Jong-un in Singapore, though investor concerns were eased by expectations the two countries may still continue dialogue.
South Korea’s Kospi trimmed an early 0.5% loss to fall just 0.1%, while major benchmarks in Hong Kong, mainland China and Japan were all down less than 0.5%. Japan’s Nikkei 225 index logged its first weekly loss in nine weeks as the summit’s cancellation piled further pressure on one of Asia’s major benchmarks, which was already weighed by a strengthening yen and a move by the U.S. this week to impose auto tariffs.
Investing.com – Asian stocks were mostly lower in morning trade on Friday after U.S. President Donald Trump called off the planned June 12 summit with North Korean leader Kim Jong-un in Singapore.
HONG KONG (AP) — Asian stock indexes were mostly lower Friday as investors factored in fresh geopolitical uncertainty following the abrupt cancellation of a meeting between the U.S. and North Korean leaders.
Asian markets were mixed in cautious early trading Friday, after President Donald Trump canceled his upcoming summit with North Korean leader Kim Jong Un.
Asian stocks drifted lower on Friday, although the Nikkei 225 eked out slight gains. Declines came after U.S. President Donald Trump canceled a planned meeting with North Korean leader Kim Jong Un. A U.S. probe into automobile imports on a "national security" basis hit automakers on Thursday, and most South Korean and Japanese automakers extended those declines.
Shares sank worldwide on Thursday as U.S. President Donald Trump canceled a planned June meeting with North Korean leader Kim Jong Un, while tariff fears hit auto stocks and safety buying ramped up. Trump, ...
U.S. stocks finish in the red on Thursday as a sharp decline in the energy-related shares pressured the broader market.
Global Markets Are Impacted by US Auto Tariff Threats on May 24Economic calendar 7:30 AM EST: ECB’s policy meeting summary 8:30 AM EST: US initial jobless claims 10:00 AM EST: US existing home sales (April) 10:30 AM EST: FOMC member Bostic speaks 1:00 PM EST: Bank of England governor Carney speaks 2:00 PM EST: FOMC member Harker speaks 7:30 PM EST: Japan’s Tokyo core consumer price index (May)
BANGKOK (AP) — World stock markets were subdued Thursday as carmakers' shares fell after the Trump administration said it was investigating imposing new tariffs on imports of autos and auto parts.
Toyota, Honda, Kia among big losers as U.S. weighs 25% tariff on auto importsAFP/Hyundai vehicles are parked for shipping at the port of Ulsan, South Korea. Asian stock markets were mixed Thursday, as dovish news from the U.S. Federal Reserve was overshadowed by growing trade concerns, particularly after reports that the Trump administration was weighing new tariffs of up to 25% on auto imports. Automakers led the losses, with Toyota Motor Corp. (7203.T) , Honda Motor Co. (7267.T) and Nissan Motor Co. (7201.T) all down around 3%.
Investing.com – Asian equities were mostly lower in afternoon trade on Thursday amid renewed China-U.S. tension, while automakers underperformed after U.S. President Trump ordered the Commerce Department to consider a probe into automobile imports, which could lead to potential fresh tariffs on foreign vehicles.
Investing.com – Asian equities were mostly lower in morning trade on Thursday amid renewed China-U.S. tension, as U.S. President Donald Trump hinted he has second thought about the trade deal he agreed with Beijing over the weekend.
U.S. stocks erased early losses and closed higher Wednesday after minutes from the Federal Reserve’s latest meeting showed the central bank plans to stay on a gradual path of rate increases even if inflation meets its target. Worries about the Fed raising rates faster than expected have buoyed Treasury yields and the dollar lately, and contributed to swings in stocks. Wednesday’s minutes showed the Fed remains on track to raise rates in June as expected, but that the central bank plans to stay on its moderate path as it boosts rates to historically normal levels and unwinds its balance sheet.
Asian markets closed mostly lower, with investors cautious over trade-related developments. The U.S. Department of Commerce said it had started a probe into automobile imports. Asian stocks closed mostly lower on Thursday, with investors cautious over fresh trade-related developments as the trade dispute between the U.S. and China remained in focus.
U.S. stocks partially rebounded from early declines Thursday sparked by the cancellation of the U.S.-North Korea summit, as investors assessed the broader impact on trade relations and economic growth. The S&P 500 Index and Dow Jones Industrial Average remained lower despite the bounce-back, while the Nasdaq Composite Index and small cap Russell 2000 Index were essentially unchanged. Transportation stocks led gainers and energy companies paced decliners, as oil weighed on the shares.
Asian stocks look set for a mixed start as traders appraise Federal Reserve comments on inflation and interest rates, amid lingering emerging-market risks and concerns about euro-zone growth. The dollar ...
Investors who thought concerns about trade, particularly U.S.-China tensions, were fading into the background got a wake-up call after President Donald Trump expressed unhappiness with the state of negotiations Tuesday afternoon, while also casting doubt on whether a planned summit with North Korea leader Kim Jong Un will happen. Also, Trump is weighing trade measures that would cut European Union steel and aluminum exports to the U.S. by about 10%, a sign the bloc’s efforts to secure tariff exemptions aren’t satisfying the White House.
Global stock markets pared losses and the dollar cut gains on Wednesday after the release of minutes from the U.S. Federal Reserve's May 1-2 meeting amid heightened concerns that setbacks to U.S.-China trade talks would undermine world economic growth. The remarks came a day after Trump said he was not pleased with U.S.-China talks, reversing a rally pegged to the White House's optimistic comments about the discussions over the weekend that led to a strong rally on Monday. The sell-off was tempered, however, after the Fed released its meeting minutes, indicating interest rates would not be raised at a faster-than-expected pace.
Global Markets: Increased Caution, Trump Brings UncertaintyEconomic calendar 9:45 AM EST: US manufacturing PMI (purchasing managers’ index) (May) 9:45 AM EST: US Markit composite PMI 9:45 AM EST: US services PMI (May) 10:00 AM EST: US new home sales (April) 10:30 AM EST: US crude oil inventories 2:00 PM EST: US FOMC meeting minutes 2:15 PM EST: FOMC member Kashkari speaks China