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👤Arthur Greene
🕔August 19, 2016
U.S. stocks slipped slightly in a rather dull Friday market, as investor expectations of a Federal Reserve rate increase in the near future climbed higher. The Dow Jones Industrial Average fell by about 46 points, or 0.3%, to stand at 18552 and the S&P 500 declined by 0.2% towards the evening trading hours.…
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Emerging Markets Flourish as Hopes for Fed Rates Hike Withers
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👤Lisa Harris
🕔August 17, 2016
According to a Bloomberg report, “Emerging market investing sentiment may have ebbed a bit, but allocation to emerging market stocks is now at 13%, the highest level since September 2014, according to a Bank of America Merrill Lynch fund manager survey.…
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👤Lisa Harris
🕔August 15, 2016
- Eurozone stocks reach 7 weeks high
- European economic figures very encouraging
European shares mounted major gains, as vehicle manufacturers like Volkswagen AG pushed the German benchmark DAX Index into the green for the first time in 2016. Volkswagen gained 1.7%, as they led other auto makers in a rally from Friday’s slump to post the best figures of all 19 industry groups on the Stoxx Europe 600 Index.…
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👤Arthur Greene
🕔August 12, 2016
All 3 major stock indices have hit record highs for the first time since 1999. Wall street stocks closed at a record high on Thursday as surging oil prices and healthy earnings report from department stores Kohl’s and Macy’s brightened investor sentiment.…
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👤Arthur Greene
🕔August 10, 2016
US Stocks plummeted today, driven down by energy shares as oil prices were also in descent. The Dow Jones Industrial Average fell 23 points lower to settle at 18510. The S&P 500 also dropped by 0.2%, and a 0.4% slide was witnessed in the Nasdaq.…
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👤Lisa Harris
🕔August 8, 2016
The Japanese shares led the list of gainers in the Asian markets as it rallied on Monday in spite of the weak Chinese trade data as market sentiment was raised by a relatively weaker Japanese yen and the better-than-expected US jobs data that was reported on Friday.…
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👤Lisa Harris
🕔August 6, 2016
- Toyota surprises investors
- Japanese stocks not slowing yet
In Tokyo, Japanese stocks climbed in early trading on Friday as a faltering yen raised the export rate, Toyota also surprised analysts with its report as it beat the forecast in its quarterly net profit.…
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👤Arthur Greene
🕔July 30, 2016
The current market uptrend may have come a long way but stocks are still likely to clip higher levels next week if earnings reports continue to promote the current market sentiment with higher-than-expected values which strengthens the conviction that the recovery of the US economy is very much in the picture.…
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US Stocks Vibrate
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👤Arthur Greene
🕔July 28, 2016
Stocks in the US bounced between small profits and losses early today surrounded by earnings reports and mixed US economic data that showed a rise in the number of people who applied for unemployment benefits last week, this number was already at historical lows prior to the rise, the data also shows the US trade gap expanding in June to $63.3 billion as imports grew faster than exports as retail inventories soared and wholesale inventories stayed the same.…
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👤Lisa Harris
🕔July 20, 2016
- Stocks lose momentum in Tokyo as the yen strengthens
- USD strength challenged
After being forcefully driven by a torrent of strong US economic data, we watched the USD settle at a 4-month high. The economic data backed by renewed hopes of a rate-hike led the dollar to a new historic high.…
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