|Day's range||21,062.31 - 21,279.02|
|52-week range||20,347.49 - 24,448.07|
U.S. stock indexes rose Tuesday on hopes that trade tensions between the world's largest economies may ease, though much of the big gains from the morning had evaporated by midday. The S&P 500 index jumped as much as 1.4 percent in early trading, following even bigger gains in Europe, but it lost more than half the gains as the day wore on. It's the latest big swing for stocks, which have been mostly falling since late September on worries about the global trade war, rising interest rates and a slowing economy.
Investing.com - Asian markets gained in afternoon trade on Tuesday, with Apple (NASDAQ:AAPL) suppliers outperforming after the U.S. tech giant filed an appeal to overturn a sales ban in China of some of its iPhones, CNBC reported.
Investing.com - Asian markets were mixed in morning trade on Tuesday amid reports that China and the U.S. are preparing next stage of trade talks.
Wall Street had a volatile session overnight which saw the Dow recover from a 507-point drop. Meanwhile, U.K. Prime Minister Theresa May delayed a Brexit vote that was set to take place on Tuesday in the U.K. parliament. Also on Monday, the Reserve Bank of India's chief, Urjit Patel, resigned abruptly, stoking concerns over the independence of the central bank.
SINGAPORE (AP) — Asian markets were mixed Tuesday in narrow trading on doubts that U.S. and China can manage to resolve their festering trade dispute.
Investing.com - Asian equities fell in morning trade on Monday, with Japan’s Nikkei 225 ddown more than 2.3% after data showed the country’s gross domestic product shrank more than expected in the third quarter.
Shares in Australia, Japan, South Korea and China saw losses on the day. Chinese trade data for November came significantly below expectations over the weekend. Stocks in Asia declined on Monday following significantly weaker-than-expected Chinese trade data released over the weekend.
Taiwan’s largest companies have spent the past two decades building factories ever deeper into China, particularly in the Yangtze River and Pearl River deltas. Perhaps more than any other economy, Taiwan has found itself trapped in the middle of the trade war between the world’s two superpowers. China and the US are Taiwan’s top two individual trading partners, and the Taiwanese economy is heavily reliant on global trade.
Wall Street capped a turbulent week of trading Friday with the biggest weekly loss since March as traders fret over rising trade tensions between Washington and Beijing and signals of slower economic growth.
Stock markets around the world were mixed, with U.S. shares retreating on Friday amid continuing concerns over U.S.-China trade ties, while pledges by key oil producers to trim output boosted oil prices. Oil prices surged 4 percent after big Middle East producers in OPEC agreed to reduce output to drain global fuel inventories and support the market. Shares on Wall Street fell more than 1 percent, with a drop in technology stocks sparking a turnaround from earlier in the day amid the trade standoff.
LONDON (AP) — Shares rebounded in Europe and Asia on Friday as worries over U.S.-China trade friction were calmed by conciliatory comments from Beijing. Attention was turning toward upcoming U.S. jobs data.
Monday is the end of former Nissan chairman Carlos Ghosn's 22-day detention, having been held without charge since his arrest on suspicion of under-reporting compensation for five years following a whistleblower tip-off. Ghosn and co-accused Greg Kelly, a former Nissan Motor Co Ltd representative director, are likely to be charged the same day, the Nikkei reported on Friday. Repeatedly arresting individuals on slightly different allegations linked to the same case is a relatively common practice in Japan.
Oil prices continued to fall on Friday, as the Organization of the Petroleum Exporting Countries (OPEC) struggled to come up with an agreement on cutting oil production. West Texas Crude oil futures for January slumped 0.43% to $51.27 a barrel, while Brent crude futures, the benchmark for oil prices outside the U.S., rallied 0.17% to $60.16. The Thursday session of the OPEC meeting in Vienna ended without any decision on cutting oil supply, as Iran seeks an exemption from any cuts due to U.S. sanctions which have already weighed on its exports.
Investing.com - Asian markets were mixed in morning trade on Friday, with Chinese stocks underperforming as concerns surrounding technology giant Huawei remained in focus.
Tokyo prosecutors plan to indict former Nissan Motor Co Ltd Chairman Carlos Ghosn on Monday for financial misconduct, the Nikkei business daily reported, ratcheting up their case against the auto tycoon. Prosecutors also plan to indict on the same day former representative director Greg Kelly as well as the automaker itself, the Nikkei said on Friday, citing unidentified sources. The Nov. 19 arrest of Ghosn and Kelly shook the foundations of the Renault-Nissan alliance and stunned the auto industry, where Ghosn is renowned for turning around the French and Japanese carmakers.
The mainland Chinese markets ended the trading day largely flat. Stocks in Japan, South Korea and Australia saw gains on the day. The Wall Street Journal reported on Thursday that the Federal Reserve is considering whether to signal a wait-and-see approach to rate hikes at its upcoming meeting this month.
U.S. stocks clawed most of their way back from a deep slide Thursday that at one point had wiped out the market's gains for the year.
U.S. stocks were poised to fall sharply Thursday, as global markets shuddered over the arrest of a top Chinese tech executive and a fresh plunge in oil prices. Oil prices pared some of their earlier losses but Brent crude remained 2.3% lower at $59.76 a barrel, and West Texas Intermediate futures fell 2.5% to $51.57 a barrel, after Saudi Arabia’s oil minister said there had not yet been any agreement made over oil output cuts. Bleak sentiment in the U.S. echoed that in Europe, where the Stoxx Europe 600 index slid 2.2% in early afternoon trading.
Investing.com - Asian markets traded lower in morning trade on Thursday, with Hong Kong stocks dropping almost 3% after the arrest of the chief financial officer of China tech giant Huawei Technologies.
Mumbai, Dec 6 (IANS) Taking a cue from muted global markets, the key Indian equity indices on Thursday opened lower. The Sensitive Index (Sensex) of the BSE, which had closed at 35,884.41 on Wednesday, ...
Asian stock prices skidded Thursday following the arrest of a senior official at Chinese telecoms equipment maker Huawei that could derail progress in China-U.S. trade talks. KEEPING SCORE: Hong Kong's ...
Huawei CFO Meng Wanzhou, who is also the daughter of the company's founder, is said to face extradition to the United States. Tech stocks throughout Asia plunged on Thursday.
Global stocks fell on Wednesday, plagued by a flattening yield curve that sparked concerns about a economic slowdown in the United States and weakening expectations of a lasting U.S.-China trade truce, while the dollar steadied. U.S. markets were closed to mark former President George H.W. Bush's death, but the effect of Wall Street's turmoil in the previous session, when New York-listed shares tumbled more than 3 percent, was felt in Asia and Europe. Tuesday's markets chaos came a day after equities boomed on optimism that China and the U.S. had temporarily called a tariff ceasefire to sort out their trade dispute.
Growth in Japan’s services sector was steady in November after rebounding to a six-month high in October, according to an industry gauge. The Nikkei-Markit services purchasing managers’ index came in at 52.4 in November, a fraction off the 52.5 mark hit a month earlier but still clear of the 50 point mark separating expansion from contraction. Joe Hayes, economist at IHS Markit, said the data showed “a level of resilience in Japan” and suggested a “stronger case for a rebound in the Q4 GDP number”.