Stock Market News

MARKETS SNAPSHOT FOR 17/10/17

NASDAQ-Adv: 1,107 Dec: 1,872 NYSE-Adv: 1,267 Dec: 1,665 (Source: Nasdaq)   The Dow Jones Industrial Average briefly broke above the 23,000-point mark for the first time on Tuesday, driven by strong earnings from UnitedHealth and Johnson & Johnson, but finished the session just below that milestone. The blue-chip index, which surpassed similar 1,000-point marks three times […]

Cost of missing the market boom is skyrocketing

Skepticism in global equity markets is getting expensive. From Japan to Brazil and the US as well as places like Greece and Ukraine, an epic year in equities is defying naysayers and rewarding anyone who staked a claim on corporate ownership. Records are falling, with about a quarter of national equity benchmarks at or within […]

China data boosts world stocks and commodities, oil jumps

World stocks and commodities rose on Monday, boosted by upbeat Chinese data, while U.S. oil futures jumped to a near six-month high as escalating tensions between the Iraqi government and Kurdish forces threatened supply. Asian shares rallied to a decade-high after figures showed China’s producer prices beat market expectations to rise 6.9 percent in September […]

Cyclical sector rally banks on global economic expansion

U.S. stock sectors that are particularly dependent on economic growth recently grabbed hold of the market’s rally and are poised to keep the reins should further signs of global expansion emerge. Such sectors, including energy, industrials and financials, beat the S&P 500’s 1.9 percent gain in September. Those sectors had previously lagged behind the benchmark […]

Europe Investors Bet Stocks Can Withstand ECB Taper Signal

The momentum in European equities can survive Mario Draghi’s tapering signals. So say the region’s investors and strategists two weeks out from the European Central Bank’s October meeting, when the ECB could outline the future of its quantitative easing program. JPMorgan Asset Management to BNP Paribas SA argue that a strong economic backdrop and a […]

Dollar stays low as stocks cheer latest record streak

World stocks rose for a fourth straight day on Friday on expectations of broad-based global growth, while the dollar headed for its worst week in five as investors awaited U.S. inflation data. MSCI’s world equity index, which tracks shares in 47 countries, was up 0.1 percent after hitting record highs on Thursday. Earlier in Asia, […]

Asia stocks reach 10-year peak on global equity surge, dollar sags

Asian stocks reached a 10-year high on Thursday, riding the bull run in global equity markets, while the dollar sagged after the Federal Reserve showed a more guarded view towards inflation. Spreadbetters expected a mixed start for European stocks, forecasting Britain’s FTSE to open down 0.05 percent, Germany’s DAX to start 0.03 percent higher France’s […]