|Day's range||29,871.20 - 30,463.42|
|52-week range||24,358.72 - 33,484.08|
A gauge of world stocks tumbled on Tuesday, erasing early gains as U.S. bond yields scaled the 3 percent threshold for the first time in four years, while oil prices reversed course after climbing above the $75 per barrel mark. Equities in Europe hit session lows before closing near the unchanged mark and U.S. stocks began to retreat after the U.S. 10-year Treasury yield crossed the 3 percent mark to a high of 3.003 percent, its highest since January 2014. "These higher Treasury yields are providing competition with riskier fixed income products and things like REITs and dividend-producing stocks," said Bill Northey, senior vice president with U.S. Bank Wealth Management in Helena, Montana.
The Dow Jones Industrial Average tumbled more than 600 points at one point Tuesday as it extended its losing streak to five sessions, after investors were spooked by a warning from industrial giant Caterpillar and by rising government bond yields. Eight of the 11 sectors in the S&P 500 slumped, while the utilities, telecommunications and real estate groups climbed, as those areas are generally considered safety plays because of their hefty dividends. The blue-chip index fell 424.56 points, or 1.7%, to 24024.13, suffering its longest losing streak since March 2017, when the market fell for eight straight sessions.
SHANGHAI, April 24 (Reuters) - Hong Kong shares rose on Tuesday, after China's Communist Party said it was determined to achieve this year's economic targets in the face of rising global trade tensions. ...
Lenovo Group Ltd. is increasingly at risk of being dropped from Hong Kong’s benchmark equity index as its shares tumble more than any other technology company in the world. The Chinese computer maker has slumped 56 percent since being added to the Hang Seng Index in March 2013, wiping out $5.8 billion in value. Companies removed from the gauge in the past decade have seen their value fall a median 48 percent before being excluded, according to Bloomberg calculations.
Lenovo Group Ltd. is increasingly at risk of being dropped from Hong Kong’s benchmark equity index as its shares tumble more than any other technology company in the world.
Trade talks and private sector PMI figures due out of the Eurozone and the U.S will be providing the markets with some further guidance on whether the recent soft patch is likely to extend into the 2nd quarter.
Asian stocks closed lower on Monday, as investors kept an eye on rising U.S. Treasury yields and digested declines in technology stocks seen stateside.
Global Markets Are Mixed on April 20, US Market Fell OvernightEconomic calendar 5:30 AM EST: BoE Monetary Policy Committee member Michael Saunders speaks 7:30 AM EST: German Bundesbank President Jens Weidmann speaks 11:15 AM EST: FOMC member John Williams speaks 1:00 PM EST: Baker Hughes’s US oil rig count
The S&P 500 snapped a three-day winning streak Thursday, as tumbling shares of consumer-staple companies pulled the broad index lower.
U.S. stocks rose Tuesday, driven by strong corporate results, extending Monday’s rally and sending the Dow industrials back into positive territory for 2018. The S&P 500 added 28.55 points, or 1.1%, to 2706.39, as 10 of the index’s 11 sectors traded higher. The tech-heavy Nasdaq Composite rose 124.81 points, or 1.7%, to 7281.10.
SHANGHAI, April 18 (Reuters) - China stocks opened about 1 percent higher, led by the financial sector, after the central bank said it would cut banks' reserve requirements in a surprise move seen as supporting ...
Asian markets gained on Wednesday, tracking the firmer lead from Wall Street where investors cheered robust quarterly earnings.
Mixed Global Markets, Improved Risk Appetite on April 17Economic calendar 8:30 AM EST: US building permits (March) 8:30 AM EST: US housing starts (March) 9:15 AM EST: FOMC member Williams speaks 9:15 AM EST: US industrial production (March) 10:00 AM EST: FOMC member Quarles speaks 11:00 AM EST: FOMC member Harker speaks 4:30 PM EST: US API weekly crude oil stock 5:40 PM EST: FOMC member Bostic speaks 7:50 PM EST: Japan’s adjusted trade balance 7:50 PM EST: Japan’s imports and exports
Asian stock markets struggled for direction Tuesday morning, though beaten-up equities in Hong Kong and China got a lift from news of better-than-expected economic growth in the mainland.
Transportation companies boosted major indexes Monday, as some strong corporate-profit reports helped investors look past simmering geopolitical tensions.
Premarket trading was positive Monday as defense stocks responded to a coalition missile strike and Bank of America and Netflix dominated the earnings calendar.
Low Global Market Risk Appetite, Geopolitical Concerns EscalateEconomic calendar 8:30 AM EST: US core retail sales (March) 8:30 AM EST: US NY Empire State Manufacturing Index (April) 10:00 AM EST: US business inventories (February) 12:00 PM EST: FOMC member Kaplan speaks 12:00 PM EST: FOMC member Kashkari speaks 1:15 PM EST: FOMC member Bostic speaks 10:00 PM EST: China’s fixed asset investment (March) 10:00 PM EST: China’s GDP (Q1) 10:00 PM EST: China’s industrial production (March) 10:00 PM EST: National Bureau of Statistics of China Press Conference
Asian stocks saw early gains erode by midmorning Monday, led by declines in Hong Kong and Chinese equities as investors assess airstrikes against Syria over the weekend and focus on the start of earnings ...
U.S. stocks slipped Friday but notched weekly gains, buoyed by rallying energy shares and signs that a trade spat among the world’s top economies was easing.
Global Markets Are Stable on April 13, Improved Risk AppetiteEconomic calendar 8:00 AM EST: FOMC member Rosengren speaks 9:00 AM EST: FOMC member Bullard speaks 10:00 AM EST: US JOLTs Job Openings (February) 10:00 AM EST: US Michigan Consumer Expectations (April) 1:00 PM EST: US Baker Hughes oil rig count 1:00 PM EST: FOMC member Kaplan speaks
SEOUL, South Korea (AP) — Global stock markets were mostly higher Friday after the U.S. said it was exploring the possibility of returning to trade talks with 11 Pacific countries. Sentiment also improved as the U.S. said it is consulting allies before making a final decision on possible military strikes against Syria.