Page 2 - World Shares

Wall Street sheds opening gains on losses in high-growth stocks

S&P 500 energy stocks among few gainers; Robinhood rises on Goldman Sachs upgrade

Dollar treads water as stock markets reassess rate hike bets; ECB eyed

US Federal rate hikes are being counted on while share market investors are hedging their bets, leading to a Dollar drop

World shares at higher trend as IMF foresees US dodging recession

European shares were trading higher Monday after a day of gains in Asia. US futures and oil prices also advanced. Leaders of the Group of Seven leading economic powers pledged financial, humanitarian and other support for Ukraine. Conferring by video link with Ukrainian President Volodymyr Zelenskyy, they were finalising a deal to seek a price cap on Russian oil, raise tariffs on Russian goods and impose other new sanctions. Details were to be sorted by finance ministers, according to a senior US official who spoke on the condition of anonymity to preview announcements from the summit. Markets seemed unfazed by the possibility that Russia may have defaulted on its foreign debt for the first time since the 1917 Bolshevik Revolution, further alienating the country from the global financial system amid its war in Ukraine. Russia faced a Sunday night deadline to meet a 30-day grace period on interest payments originally due May 27. But it could take time to confirm a default. Germany'

Global stocks extend bear market bounce as oil prices ease inflation fears

World shares saw a jump in prices as inflation fears were curbed by a strong position hold of oil prices

World shares progress as investors shrug off data showing slow economies

Market players are looking ahead to U.S. inflation data due next week and hoping that the moderation in prices of oil and some other commodities this week is a sign inflation might be abating.

World shares show mixed response; Bitcoin holds steady near $20,000

European benchmarks were higher Monday after most Asian markets retreated, while the price of bitcoin hovered near USD 20,000. US futures advanced and oil prices fell back early Monday. The price of the world's most popular cryptocurrency remained near the psychological benchmark of USD 20,000 after bouncing during the weekend. At one point, bitcoin plunged nearly 10 per cent to under USD 18,600, according to the cryptocurrency news site CoinDesk. As of 0500 ET (0900 GMT) Monday, it was at USD 20,650.56. France's CAC 40 gained 0.2 per cent to 5,893.20. Germany's DAX added 0.2 per cent to 13,150.16. Britain's FTSE 100 rose 0.5 per cent to 7,049.87. US markets are closed Monday for the Juneteenth holiday. The future for the Dow industrials was up 0.4 per cent while that for the S&P 500 gained 0.5 per cent. As expected, China kept its 1-year and 5-year loan prime rates unchanged. Given China's struggle to bring outbreaks under control and its already faltering economy, rate cuts in

Investors dump shares on growth fears as Swiss, UK hike lending rates

While Swiss National Bank and UK's central bank increased their lending rates, global shares took a dive as investors began dumping shares based on recession fears.

World shares resume slide on growth fears as Swiss, UK hike rates

Stocks around the world keep falling amid Swiss and UK's respective central banks' lending rate hikes along with fears that these moves may drive markets into recession.

World shares lower as US rate hike relief rally fades over inflation fears

European benchmarks and US futures slipped after Tokyo and some other markets tracked Wall Street's gains of the day before

Global shares waver as sentiment ebbs on rate fears, yields rise

NEW YORK (Reuters) - European stocks slid and U.S. shares wavered on Wednesday as the outlook for rate hikes sullied sentiment, while bond yields rose after euro zone gross domestic product beat expectations, adding to bets of a more hawkish European Central Bank.

World shares steady as oil drops on Saudi Arabia's talk of output boost

Derivative markets pointed to a positive start later in the United States following losses on Wednesday when economic data failed to ease angst over rate hikes to fight inflation.

Equities rise, yields fall after data shows US inflation may have peaked

Consumer spending, which accounts for more than two-thirds of US economic activity, increased 0.9% last month, and although inflation continued to increase in April, it was less than in recent months

World shares tumble after inflation driven retreat on Wall Street

Shares declined in Europe and Asia on Thursday after a broad retreat on Wall Street triggered by worries over the impact of persistent high inflation on corporate profits and consumer spending. U.S. futures were lower, while oil prices advanced. Germany's DAX lost 2 per cent to 13,731.64 and the CAC 40 in Paris declined 1.9 per cent to 6,234.78. Britain's FTSE 100 shed 1.7% to 3,537.99. The future for the S&P 500 was 1% lower while the future for the Dow Jones Industrial Average sank 0.9%. The Dow industrials sank more than 1,100 points, or 3.6% on Wednesday, and the S&P 500 had its biggest drop in nearly two years, shedding 4%. That was its steepest decline since June 2020. The tech-heavy Nasdaq fell 4.7%. The benchmark index is now down more than 18% from the record high it reached at the beginning of the year. That's just shy of the 20% decline that's considered a bear market. The sentiment in the market is highly negative as traders and investors are largely concerned ...

Global shares rebound, US Treasury yields rise on stronger US retail data

NEW YORK (Reuters) - A gauge of global equity markets rebounded and U.S. Treasury yields rose on Tuesday as an easing of China's crackdowns on tech and COVID-19 and solid U.S. retail sales in April suggested economic growth might be getting stronger.

World shares jump as Chinese leaders pledge to support slowing economy

World stocks advanced Friday after Chinese leaders pledged to do more to support the slowing economy as the country weathers its worst outbreaks of COVID-19 since the pandemic began. Germany's DAX gained 1% to 14,120.47 while the CAC 40 in Paris added 0.9% to 6,567.01. Britain's FTSE 100 climbed 0.5% to 7,547.01. The future for the S&P 500 was 0.3% lower while the Dow was almost unchanged. Chinese state media reported that the ruling Communist Party's powerful Politburo agreed at a meeting Friday to step up efforts to boost growth while also curbing coronavirus outbreaks. The party's COVID-zero policies have put pressure on President Xi Jinping and other leaders to counter the blow to the economy from shutdowns aimed at vanquishing the virus. Such restrictions are affecting the world's second-largest economy through disruptions in shipments, manufacturing and other business activity. It is very important to do a good job of economic work and to ensure and improve people's ...

World shares rise, US yield curve inverts after strong jobs data

The pan-European STOXX 600 index rose 0.62% and MSCI's gauge of stocks across the globe gained 0.05%

World shares surge after 'encouraging' Russia-Ukraine peace talks

The difference between 2- and 10-year Treasury yields seems well on the way to turning negative for the first time since 2019 as well

World shares, bond yields jump after 'encouraging' Russia-Ukraine talks

Europe's main bourses enjoyed 1%-2.5% gains and oil tumbled 4% as Russia's deputy defense minister emerged saying Moscow has decided to drastically cut military activity around Ukraine's capital Kyiv

Wall Street heads for gains after world shares sink, oil falls about 8%

Wall Street heads for gains after world shares sink Wall Street pointed toward gains in premarket trading Tuesday after world share prices sunk lower, with Hong Kong down almost 6% and Shanghai losing 5%. Oil prices slid about 8% as virus lockdowns and rising numbers of COVID cases in China threaten to disrupt manufacturing and trade. The sell-off gathered pace late in the session despite the release of data showing strong increases in Chinese retail sales, industrial production and investment in January-February. It followed a decision by China's central bank not to ease interest rates to spur economic growth. Futures for the Dow industrials gained 0.3% while futures for the S&P 500 rose 0.4%. Prices of oil and other commodities slid as Russian forces pounded the Ukraine capital ahead of another round of talks between the two sides. Germany's DAX and the CAC 40 in Paris both fell 1.2%, while Britain's FTSE 100 declined 0.8%. Anxiety over the war in Ukraine and an upcoming ...

World shares rise, oil falls 13% as UAE supports OPEC hiking output

Global stock markets rallied on Wednesday and oil prices fell by more than 12% as Ukraine and Russia looked to resume diplomatic talks and UAE supports hiking oil output to ease chaos in energy market