The main European indices finished both the day and the month with strong gains, with the investment mood appearing strengthened against the backdrop of corporate results and macroeconomic figures. In particular, the pan-European Stoxx 600 closed up 1.3% at 438.3 points, with the energy sector rallying 2.9% and most of the index’s sectors in positive […]
Tag: Shares
Wall Street continues to rally, boosted by Amazon and Apple
The US market continues its upward streak today, with strong results announced by Amazon and Apple boosting trading, offsetting another jump in inflation indices. In particular, the industrial index Dow Jones moving upward 0.4% at 32,660 unitsthe enlarged S&P 500 makes profits 1% and traded on 4,112 unitswhile the tech-weighted Nasdaq jumps 1.4% moving on […]
Controlled losses on Wall Street amid countervailing forces
In search of balance, the indices of the American market are moving mild losses, while investors evaluate on the one hand the positive messages of the Fed yesterday and on the other hand the coldness of the GDP today. In particular, after the positive opening for all three indices, the Dow Jones industrial average is […]
Wall Street puts recession worries behind it
LAST UPDATE 18:50 The US market is steadily picking up with buyers now taking the reins of the session, as the positive Fed signals yesterday appear to be overriding the GDP doldrums today. In particular, in a highly volatile session so far, the major indexes opened in positive territory, then all three moved into negative […]
Bloomberg: China ‘bulls’ say July slide is a mistake
Some global fund managers betting on Chinese stocks are taking July’s sell-off “softly,” maintaining faith that Beijing will remove all obstacles to stimulate the economy, Bloomberg reports. Fidelity International Ltd., abrdn plc and GAM Investment Management are among those who expect China to outperform global stocks in the second half as recession fears grip major […]
Tech plunge on Wall Street pared gains from a strong week
Snap’s stock collapse that reversed momentum in tech and disappointing PMI data that reignited recession fears sent Wall Street plummeting, but it still posted its biggest weekly gain in a month. In particular, the industrial index Dow Jones retreated against 0.4% and closed on 31,900 unitsthe enlarged S&P 500 suffered losses 0.9% at 3,963 unitswhile […]
Anemic gains in Euro markets – Uniper’s wild 30% plunge
In positive territory but with marginal gains, the main European indices finished the last trades of the week, as investors assimilated the decisions of the ECB. In particular, the pan-European Stoxx 600 closed up 0.3% at 425.7 points, with the travel and leisure sector jumping 2.4% while the rest moved mostly lower. Besides, in this […]
Wall Street: Uptrends end a strong week
The U.S. market is little changed and positive in two of the three indexes in the last session of the week, with technology having lost some of its momentum after disappointing results from Snap. In particular, the Dow Jones Industrial Average rose 0.4% to 32,158 points, the broad S&P 500 rose slightly by 0.1% to […]
Wall Street: Sluggish to end a strong week
LAST UPDATE 18:05 The U.S. market saw minor fluctuations and sign changes in the indices in the last session of the week, with technology having lost some of its momentum following disappointing results from Snap. In particular, the Dow Jones Industrial Average is up 0.2% to 32,104 points, the broad S&P 500 is down 0.1% […]
Losses on Wall Street as recession fears return
LAST UPDATE 19:35 All three US market indexes are now in negative territory, as sentiment was weighed down by the contraction PMI showed in July, with technology losing momentum following disappointing Snap results. In particular, the industrial index Dow Jones recedes against 0.3% and moves on 31,930 unitsthe enlarged S&P 500 makes losses 0.9% at […]
