|Day's range||22,053.14 - 22,306.83|
|52-week range||19,239.52 - 24,129.34|
Global shares were mostly higher in subdued trading Tuesday, tracking gains in Asia despite doubts over the prospects for resolving the trade dispute between the U.S. and China. The future contract for the Dow Jones industrial average rose 0.1 percent to 25,789.00 while the contract for the S&P 500 added less than 0.1 percent to 2,859.20. FEDERAL RESERVE: Minutes from the Federal Reserve's last policy meeting are due out Wednesday and could provide insights into the latest thinking on rate hikes at a time when President Donald Trump has been stepping up criticism of tightening by the U.S. central bank.
Investing.com - Asian markets extended their gains in afternoon trade on Tuesday, while Australia’s S&P/ASX 200 underperformed its regional peers following the Reserve Bank of Australia’s (RBA) August policy meeting.
Critical comments by U.S. President Donald Trump about the country's central bank held back some stocks on Tuesday, while the dollar fell for the fourth consecutive day in its worst spell since March. In an exclusive interview with Reuters, Trump said late on Monday he was "not thrilled" with the Federal Reserve under his own appointee, Chairman Jerome Powell, for raising interest rates and said the Fed should do more to help him to boost the economy. American presidents have rarely criticized the Fed in recent decades because its independence has been seen as important for economic stability.
Investing.com – Asian equities were mostly higher in morning trade on Tuesday. Australia’s S&P/ASX 200 underperformed its regional peers following the Reserve Bank of Australia’s (RBA) August policy meeting.
TOKYO (AP) — Asian shares were mostly higher Tuesday amid doubts about the prospects for resolving the trade dispute between the U.S. and China.
Asia traded mostly up on Tuesday after, with Chinese mainland shares leading gains. Trade relations between the U.S. and China remain in focus as the two countries are set to hold discussions later this week. Chinese markets led gains on Tuesday in a mostly positive trading session across Asia, extending their upward climb from the previous day after the banking regulator urged institutions to boost lending in the country.
Asian stocks are set for a mixed start amid a muted rise in U.S. equities and a weaker dollar on comments from U.S. President Donald Trump. Futures ticked lower in Japan and Hong Kong, were little changed in Australia and rose in China. U.S. equities pared gains in the 15 minutes of trading after Reuters reported that Trump said China and Europe manipulate their currencies.
The dollar dropped with Treasuries on Tuesday after President Donald Trump criticized Federal Reserve interest-rate hikes. U.S. equity futures tracked gains in Europe and Asia, setting the scene for a potential S&P 500 record. Contracts for the Dow and Nasdaq also rose, but all eyes will be on the S&P 500 Index as it may head toward the January all-time closing high and equals the longest bull market on record.
Global stocks mostly rose Monday amid signs of progress in resolving the trade dispute between the U.S. and China. The Wall Street Journal reported the countries hope to have a resolution by November. ...
Japan's Nissan Motor Co will spend around $900 million to build a new auto assembly plant in China that will increase production capacity in the company by 30 percent, the Nikkei newspaper reported on Monday. Nissan, which operates in China through a joint venture with Dongfeng Motor Group Co Ltd, is in final stages of talks with its Chinese partner to build a new plant in Wuhan in Hubei province, the Nikkei reported without citing sources. The investment in Wuhan, which totals 100 billion yen ($905 million), is expected to have an annual production capacity of 200,000 to 300,000 cars a year, the Nikkei reported.
Investing.com - Asian markets were mixed on Monday as traders awaited developments on proposed trade talks between U.S. President Donald Trump and Chinese leader Xi Jinping.
Asia markets mostly closed higher on Monday following a report that Chinese and American negotiators are working to de-escalate the trade dispute between the two countries. Asia markets mostly rose on Monday, following a higher finish on Wall Street Friday after a report said China and U.S. negotiators are working on a plan to end a trade dispute that would result in meetings between President Donald Trump and Chinese leader Xi Jinping in November. Australia's ASX 200 closed near flat at 6,345.
Maersk, Musk and a mixed open. Here are some of the things people in markets are talking about today. The U.S. economy will be hit many times harder than the rest of the world by an escalating global trade war, according to the chief executive officer of A.P. Moller-Maersk A/S. Soren Skou, who runs the world’s biggest shipping company from Copenhagen, said the fallout of the current protectionist wave “could easily end up being bigger in the U.S.” Tariffs could slow global annual trade growth by 0.1 percent to 0.3 percent, though for the U.S. the effect could be “perhaps 3 or 4 percent,” he said at Maersk’s headquarters on Friday. Tesla Inc. Chief Executive Officer Elon Musk has ruled out changing his ways in response to an open letter from Uber Technologies Inc. board member Arianna Huffington. It follows an interview with the New York Times last week, in which Musk said he sacrificed family milestones in the race to meet Tesla production targets. Tesla shares plunged 8.9 percent on Friday after the interview with the New York Times in which he described the past 12 months as “the most difficult and painful year of my career.” References to Ambien use and driving while tweeting are fueling calls for Tesla’s board to step up its oversight of the company’s CEO and largest shareholder.
Another steep decline in the Turkish lira on Friday pushed emerging market equities lower and kept other world markets cautious, overshadowing hopes that an upcoming U.S.-China meeting would resolve concerns over trade tariffs. The Wall Street Journal reported on Friday afternoon that Chinese and U.S. negotiators are drawing up a road map for their trade talks next week. A Chinese delegation led by Vice Minister of Commerce Wang Shouwen will meet U.S. representatives, China's Ministry of Commerce said on Thursday.
Stocks rose late in the day Friday as investors welcomed signs of progress in resolving the trade dispute between the U.S. and China. The Wall Street Journal reported that the countries hope to have a resolution by November. The report came a day after China said it will send an envoy to Washington for the first talks between the countries since early June.
Investing.com - U.S. futures pointed to a lower open on Friday as investors were spooked by a renewed decline in the Turkish lira spurred by the U.S. threat of more sanctions.
Investing.com - Asian stocks were mixed in afternoon trade on Friday after White House economic advisor Larry Kudlow confirmed Chinese-U.S. trade talks will resume later this month, but warned that U.S. President Donald Trump is determined the administration gets a good deal.
Investing.com – Asian stocks rose in morning trade on Friday after White House economic advisor Larry Kudlow confirmed that Chinese and U.S. officials will meet later in August to resume trade talks.
Asia markets mostly closed higher on Friday. Sentiment was lifted after news that the U.S. would hold a fresh round of trade talks with China later in August. Asia markets largely advanced on Friday, following a strong lead in from Wall Street and positive news on the U.S.-China trade front.
U.S. stocks rose in light summer trading Friday on strength in technology hardware shares and optimism for a resolution in America’s trade dispute with China amid reports that President Donald Trump and Chinese President Xi Jinping will meet in November in an attempt to end the roadblock. Department store chain Nordstrom Inc. was the best performing company in the benchmark as investors responded to its strong second-quarter results and healthy profit outlook for the year. The Philadelphia Stock Exchange Semiconductor Index dropped 0.7 percent, its fourth consecutive decline.
Asian stocks are ending a bruising week on a positive note after an easing in trade tensions between China and the U.S and positive results from Walmart boosted American shares. Equities from Sydney to Hong Kong advanced after all major U.S. stock benchmarks climbed. The Turkish lira pared some of its gains as U.S. Treasury Secretary Steven Mnuchin said Turkey would face more sanctions if the country didn’t release a detained American pastor.
TOKYO (AP) — Asian shares made moderate gains early Friday after U.S. stocks jumped on news China is preparing to resume trade discussions with the U.S., the first negotiations in more than a month.
TOKYO (AP) — Stock markets are higher in European trading as Turkey's currency crisis abated somewhat and after a downbeat day in Asia. Benchmarks in Germany and France rose Thursday while shares in Tokyo, Shanghai and Hong Kong declined.
Investing.com - Asian markets were mixed in afternoon trade on Thursday as Beijing announced plans to resume trade talks with U.S. in an attempt to alleviate tensions between the two countries.