Shares were mostly lower in Europe and Asia on Monday after Wall Street logged its worst week since the pandemic began in 2020.
World shares were mixed on Monday after China reported that its economy expanded at an 8.1% annual pace in 2021, though growth slowed to half that level in the last quarter
World markets were lower Friday, tracking a retreat on Wall Street led by declines in big technology stocks. Shares fell in Paris, Frankfurt, Tokyo and Shanghai but rose in Hong Kong. US futures also slipped. A resurgence of coronavirus outbreaks has added to uncertainties over a revival of tourism and other business activity in many parts of the world including Asia. The World Health Organization says a record 9.5 million COVID-19 cases were tallied over the last week as the omicron variant of the coronavirus swept the planet, a 71 per cent increase from the previous 7-day period that the U.N. health agency likened to a tsunami. Germany's DAX lost 0.7 per cent to 15,942.67 while the CAC 40 in Paris declined 0.5 per cent to 7,215.30. Britain's FTSE 100 lost 0.1 per cent to 7,443.90, The future for the Dow industrials lost 10 points while that for the S&P 500 slipped 0.2 per cent. Germany's leaders were set to consider possible new restrictions and changes to quarantine rules as
MSCI's broadest index of Asia-Pacific shares outside Japan rose 0.2%, and Japan's Nikkei inched 0.1% higher, after the S&P 500 had finished at a record closing high
Shares opened higher in Europe on Tuesday after Asian shares followed Wall Street lower as investors awaited fresh US inflation data and the outcome of a meeting of the Federal Reserve. Benchmarks advanced in Paris, London and Frankfurt, but fell in Hong Kong, Shanghai and Tokyo. The Labor Department's Producer Price Index for November is due out Tuesday. That shows how inflation is impacting costs for businesses and is important given the Fed meeting on Tuesday and Wednesday. The US central bank could announce plans to accelerate its timetable for reducing bond purchases aimed at keeping long-term interest rates low. Markets have kept their cool despite warnings that the omicron coronavirus variant is spreading rapidly in Britain and some other regions. In London, the FTSE 100 gained 0.6% to 7,274.71, while Germany's DAX added 0.4% to 15,678.78. In Paris, the CAC 40 climbed 0.5% to 6,979.16. U.S. futures also rose, with the contract for the S&P 500 and the Dow industrials up ...
Calls by China's President Xi Jinping on Friday to make progress on a long-awaited property tax to help reduce wealth gaps also soured the mood.
Shares were mostly higher in Europe and Asia on Friday after technology companies powered the biggest rally on Wall Street since March. Investors have been encouraged by strong earnings reports, as every S&P 500 company that has reported earnings this week has beaten forecasts. Overall, it is safe to say that the U.S. equity market is fully in a risk-on mode and traders aren't afraid in backing riskier assets," Naeem Aslam of Avatrade said in a commentary. Inflation remains a key concern, and Friday will bring an update on how higher prices may be affecting consumer spending when the Commerce Department releases retail sales for September. Germany's DAX edged 0.2% higher to 15,493.34 and the CAC 40 in Paris climbed 0.4% to 6,712.55. Britain's FTSE 100 added 0.2% to 7,224.41. The future for the S&P 500 was 0.3% higher while the contract for the Dow industrials gained 0.4%. In Asian trading, Tokyo's Nikkei 225 added 1.8% to to 29,068.63 and the Hang Seng climbed 1.5% to ...
Asian shares weakened, led by a 2.7% loss in Hong Kong while Japan's Nikkei slipped around 1%
World markets tumbled Friday on the tail of Wall Street's worst monthly loss since the beginning of the pandemic. Shares dropped in Paris, London, Frankfurt and Tokyo. Shanghai and Hong Kong were closed for a holiday. The S&P 500 ended September down 4.8%, its first monthly drop since January and the biggest since March 2020. After climbing steadily for much of the year, markets have become unsettled with the spread of the more contagious delta variant of COVID-19, surging long-term bond yields and word that the Federal Reserve may start to unwind its support for the economy. Rising inflation also has caused investors to reconsider recent high prices for shares, leading many to sell tech stocks that have soared during the pandemic. Germany's DAX lost 0.8% to 15,134.21 and the CAC 40 in Paris slipped 0.8% to 6,465.81. London's FTSE 100 declined 1% to 7,013.74. US futures also retreated, with the contract for the Dow industrials shedding 0.7%. The future contract for the S&P 500
European shares and US futures climbed Thursday after US lawmakers moved to avert a government shutdown. Germany's DAX edged 0.1 per cent higher to 15,378.85 while the CAC 40 in Paris added 0.5 per cent to 6,593.48. In London, the FTSE 100 also gained 0.5 per cent, to 7,146.51. The future for the Dow industrials was 0.7 per cent higher while that for the S&P 500 also rose 0.7 per cent. Investors have had their eyes on Washington, where Democrats and Republicans in Congress have been wrestling over extending the nation's debt limit. Congress has moved to avert that crisis, with the Senate poised to approve legislation to fund the federal government into early December. The House was expected to approve the measure following a Senate vote Thursday, preventing a partial government shutdown when the new fiscal year begins Friday. If the limit, which caps the amount of money the federal government can borrow, wasn't raised by Oct. 18, the country would likely face a financial crisis .
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World shares fell on Friday, pressured by concerns over China's markets, the potential for a US corporate tax hike and an update on the US Federal Reserve's tapering strategy next week
The MSCI world shares index was steady at 729.68, versus a record peak of 731.88 hit in the previous session.
The fresh burst in pessimism continued a pattern set earlier in the week
U.S. consumer confidence jumped to its highest level in nearly 1-1/2 years in June, with growing labour market optimism as the economy reopens offsetting concerns about higher inflation.
Shares were mostly higher in Europe and Asia on Friday after the S&P 500 index notched another record high despite a surge in US consumer prices in May. Benchmarks rose in Paris, Frankfurt and Hong Kong but fell in Tokyo and Shanghai. On Thursday, Wall Street logged gains while bond yields mostly fell despite the much-anticipated report showing consumer prices rose 5% in May, the biggest year-over-year increase since 2008 and more than economists had expected. Investors also reacted positively to more data that showed continued improvement in the labour market. Markets will be tuning in this weekend for any developments at the summit of the Group of Seven in Britain. At the top of the leaders' agenda is helping countries recover from the coronavirus pandemic, which has killed more than 3.7 million people and wrecked economies. The G-7 leaders are meeting for three days at a British seaside resort. It's the first such gathering since before the pandemic. Investors will get to see
The MSCI world equity index, which tracks shares in 49 countries, gained 0.1%. Wall Street futures were flat.
US stock futures pointed to a flat open on Wall Street.
Chinese shares were marginally firmer in a choppy session.
Thai and Indian equities saw net sales of $1.1 billion and $389 million, respectively.