|Day's range||22,169.93 - 22,288.31|
|52-week range||19,239.52 - 24,129.34|
Asia markets were mixed on Monday morning following a report that Chinese and American negotiators are working to de-escalate the trade dispute between the two countries. Asia markets mostly rose Monday morning, following a higher finish on Wall Street last Friday after a report said President Donald Trump and Chinese leader Xi Jinping may meet in November over escalating U.S.-China trade tensions.
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.
NEW YORK (AP) — 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.
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.
Investing.com - Asian equities were mostly lower in morning trade on Thursday. Tencent’s earnings report was in focus after the company surprised traders with its first decline in profit in almost 13 years.
Mumbai, Aug 16 (IANS) Taking a cue from muted global markets, the key Indian equity market indices on Thursday opened lower. The Sensitive Index (Sensex) of the BSE, which had closed at 37,852 points on ...
Asian shares closed lower on Wednesday, taking cues from Wall Street's losses. Stocks retraced steeper losses seen earlier after China said it had accepted an invitation from the U.S. for trade talks. Asian shares slipped on Thursday, but pared some of the steeper losses seen earlier after China announced it was planning for a new round of trade talks with the United States.
Financial Times Chief Executive John Ridding is to pay back some of his 2.6 million pound ($3.3 million) salary after a group of the newspaper's reporters complained about his pay. Steve Bird, joint head of the National Union of Journalists at the newspaper, wrote to FT editors and journalists this month saying Ridding's pay was absurdly high and calling for him to give some back to help those on lower salaries. Ridding said in an email to staff, which was seen by Reuters, that his salary had been set by Japanese media group Nikkei, which bought the FT for $1.3 billion in 2015, adding it was independently assessed and "highly performance-related".
TOKYO (AP) — Asian shares fell Thursday after deepening worries about global economic growth, particularly in China, set off a rout on Wall Street.
John Ridding, chief executive of the Financial Times, is to return a portion of his 2017 pay to the company following staff criticism of a sharp jump in remuneration that took his total package to more than £2.5m. Mr Ridding said in a note to employees that he would return his 2017 pay increase, which was £510,000 before tax. Mr Ridding’s pay in future would be “restructured” with a new scheme that will take into account his remuneration before the 2016 acquisition of the FT by Nikkei, the Japanese publishing group.
Action from Turkey's central bank pushed the lira higher for a second day on Wednesday, helping European stocks and emerging currencies consolidate recent losses though the dollar stuck at 13-month highs kept up the pressure on world markets. The lira bounced another 5 percent, sharply extending Tuesday's gains as authorities further tightened the screws on foreigners aiming to short the currency. The lira is now around 6 per dollar, off record lows beyond 7.24.
Stock markets turned lower Wednesday amid concerns about economic growth and continued tensions over Turkey, which announced it was increasing tariffs on imports of some U.S. products. KEEPING SCORE: Germany's ...
Investing.com - Asian markets were mostly lower in morning trade on Wednesday as recent worries over Turkey’s currency crisis continued to affect investor sentiment.
U.S. stocks climbed Tuesday, halting four-session losing streaks for the Dow Jones Industrial Average and S&P 500, as concerns over the Turkish lira’s recent slide appeared to ease. The Dow industrials added 112.22 points, or 0.4%, to 25299.92, while the S&P 500 gained 18.03 points, or 0.6%, to 2839.96. Stocks have been under pressure in recent sessions, as investors worried that Turkey’s economic crisis could spread to other emerging markets.
World share markets rebounded on Tuesday as Turkey's lira pulled out of a recent nosedive and reassuring data from Germany helped offset the latest softness in China's economy. After three weeks of heavy pounding, the lira (TRYTOM=D3) recovered some ground, trading at about 6.37 to the dollar, up almost 8 percent from the previous day's close. The Turkish currency was supported by news of a planned conference call in which the finance minister will seek to reassure investors concerned by President Tayyip Erdogan's influence over the economy and his resistance to interest rate hikes to tackle double-digit inflation.