Stocks on Track to Weekly Gain as Bonds Halt Declines
Global stocks rose on Friday amid strengthening economic conditions to get March trading off to a positive start. European and Asian stocks led the charge, while U.S. equities also realized marginal gains.
European stocks secured a weekly gain, with the Stoxx Europe 600 index...
Asian Shares, U.S. Equities Fall Following Release Of Chinese Factory Data
Asian shares rose on Wednesday on the back of reports indicating Chinese manufacturing growth following a prolonged period of Covid Zero restrictions.
Hong Kong's Hang Seng rose 750 points to 20,552.60, thereby advancing by 3.8% while the Shanghai Composite added 32 points to 3,312.35; a...
Asian Stocks Rise to Hand Investors Foothold at the End of a Challenging 2022
Asian stocks experienced a marginal rise during early trading on Friday to provide investors with some relief going into the new year after what was a difficult 2022. While Covid concerns in China still persist, equities largely strengthened following the release of U.S. data...
Asian Markets Slide Amid Recession Warnings
Asian markets waned on Friday as global concerns of a coming recession prompted mass selloffs. Both the World Bank and the International Monetary Fund warned of the possibility, with European markets looking set to follow Asia's trend as investors brace for an impending U.S....
Nikkei Ends Losing Streak Ahead of Jackson Hole Conference
Japan's Nikkei broke its five-day losing streak on Thursday, gaining 0.56% to 28,471.61 by the midday break as investors await the U.S. Federal Reserve's Jackson Hole conference for insight on its response to the ongoing inflation hike.
"Investors made a bet that the market would...
Nikkei Loses Ground Amid Economic Concerns
Japan's Nikkei index slipped by 0.01% to 28,868.91 on Tuesday, effectively ending a two-day rally. As observed by Shuji Hosoi, a senior strategist at Daiwa Securities, this comes amid fears of an economic slowdown across the Chinese and U.S. economies led investors to lose...