World Markets
Asia-Pacific markets poised to fall; Japan stocks set to continue last week’s rout
Pedestrians cross an intersection in the Shibuya district of Tokyo, Japan, on Tuesday, Feb. 6, 2024. Bloomberg | Bloomberg | Getty Images Asia-Pacific markets are set to continue Friday’s sell-off as investors look toward key trade data from China and Taiwan this week, as well as central bank decisions from Australia and India. Last Friday, […]
Read More
Europe stocks slide 2%, extending losses after weaker-than-expected U.S. jobs report
The lights of Frankfurt am Main’s banking skyline glow in the last light of day. Boris Roessler | Picture Alliance | Getty Images LONDON — European stocks extended losses on Friday amid a global downturn, as weak U.S. economic data sparked fears of a recession. The regional Stoxx 600 index shed as much as 2.3% […]
Read More
An August stocks slump is ‘absolutely normal’ — but strategists urge caution on buying the dip
Traders work on the floor of the New York Stock Exchange during morning trading on July 31, 2024 in New York City. Michael M. Santiago | Getty Images News | Getty Images Strategists on Friday urged investors to take a cautious approach to a global stock market sell-off, warning it may be too early to […]
Read More
Japan’s Nikkei set for near 4% plunge with Asia markets poised to open lower after Wall Street sell-off
An electronic stock board displayed inside the Kabuto One building in Tokyo, Japan, on Thursday, June 27, 2024. Bloomberg | Bloomberg | Getty Images Asia-Pacific markets were set to open lower on Friday with Japan’s Nikkei 225 futures pointing to a near 4% plunge for the index, extending losses from Thursday, after Wall Street sell-off […]
Read More
Asia-Pacific markets mixed after Powell signals possible rate cut in September
Top view of Seoul in the morning in autumn 2016. Natthapol Bussai | Moment | Getty Images Asia-Pacific markets were mixed on Thursday, after comments from U.S. Federal Reserve Chair Jerome Powell indicated that a rate cut could come in September if inflation data remains “encouraging.” This comes after the Fed’s Federal Open Market Committee […]
Read More
European markets close higher as euro zone inflation rises; tech stocks up 2.6% led by ASML
LONDON — European markets closed higher on Wednesday, maintaining positive momentum after euro zone inflation rose unexpectedly. The Stoxx 600 index preliminarily closed 0.79% higher, with technology stocks jumping 2.62%. Dutch chip firm ASML led the charge, rising as much as 10% before somewhat paring gains after a Reuters report suggested that the company could be exempted […]
Read More
Banks get bullish on the British pound despite the possibility of an imminent snapback
LONDON — With sterling as one of the best performing major currencies so far this year, analysts at various investment banks believe that the British pound still has more room to run, despite the Bank of England likely cutting interest rates in the near term. In a recent research note, experts at Goldman Sachs were […]
Read More
AMD jumps 9% in premarket trading as global chip stocks rally after earnings and geopolitics lift sector
Shares of global semiconductor firms rallied on Wednesday as they were boosted by some positive earnings in the sector and a report of potentially less severe U.S. export restrictions on China. AMD was among the morning’s big winners with shares up more than 9% in U.S. premarket trading after the company reported a top and […]
Read More
Asia markets are mixed as investors assess China business activity data, await Bank of Japan rate decision
Bank of Japan Governor Kazuo Ueda delivers a speech at the start of issuance of new yen banknotes at the Bank of Japan headquarters in Tokyo on July 3, 2024. Str | Afp | Getty Images Asia-Pacific markets were mixed on Wednesday as investors awaited the Bank of Japan’s rate decision and assessed China’s business […]
Read More
IDF targets Beirut suburb in retaliation for attack that killed 12 in the Golan Heights
Security forces and healthcare teams arrive at the site after an explosion caused by an Israeli airstrike, where a drone fired three missiles in the Dahieh area of Beirut., the capital of Lebanon, on July 30, 2024. Houssam Shbaro | Anadolu | Getty Images The Israeli military said on Tuesday it had carried out an […]
Read More