Benchmarks ended Wednesday’s choppy trading session slightly higher after Fed officials said the economy is ready for a rate hike this year. Meanwhile, Janet Yellen emphasized that the timing of a rate hike isn’t important; instead the focus should be on the pace and trajectory of rate hikes.For a look at the issues currently facing the markets, make sure to […]
Setback in bailout talks between Greece and its creditors over the weekend continued to negatively impact benchmarks on Tuesday. The lack of progress in Greek debt talks raised fears among investors of a possible default by Greece and the country’s exit from the Eurozone. Meanwhile, manufacturing activity worsened slightly for New York manufacturers and decline in U.S. industrial production in […]
More Charts
What does the size of a country’s market tell you about a country’s economy and its standard of living?That’s a question frontier markets strategist Andrew Howell aimed to answer in Citi’s massive new report on global public assets.”Governments should encourage the growth of equity markets, because they tend to be associated with economic development,” Howell wrote. “Whether or not […]
TOKYO (AP) — Asian stocks markets sagged Tuesday as global jitters mounted over whether Greece and its creditors can reach a bailout agreement.KEEPING SCORE: Japan’s Nikkei 225 dipped 0.6 percent to 20,260.00 and South Korea’s Kospi lost 1.2 percent to 2,017.05. Hong Kong’s Hang Seng fell 0.5 percent to 26,738.76. Other Asian benchmarks, including Taiwan and Singapore, were also lower.GREECE […]
Stock Market Caution as Greek Crisis Reaches EndgameStock-Markets / Stock Markets 2015Jun 14, 2015 – 04:27 PM GMTBy: Christopher_QuigleyEuropean markets were on a roller coaster ride last week as rumor and counter rumor about a Greek deal with the European Central Bank circulated and affected sentiment. When news hit Friday that the IMF team had left for Washington the DAX […]
Benchmarks ended the first trading day of the week in the red, dragged down by declines in technology stocks. Drop in airline stocks also weighed on the broader markets. The lack of progress related to Greece’s debt deal with its creditors also dented investor sentiment. Meanwhile, Friday’s upbeat jobs data continued to intensify concerns about rate hike as early as […]
Foreign investors already can invest in China. The Shanghai-Hong Kong Stock Connect was launched last November, and it allows such investors to trade Shanghai A shares through the Hong Kong Stock Exchange. Mainland investors also gained access to Hong Kong shares, known as H shares.”China’s opening up could be the surprise story of 2015,” said Michelle Gibley, director of international […]
NEW YORK (AP) — The stock market eked out another record close on Thursday as rising oil prices boosted energy stocks.Best Buy was among the biggest gainers after reporting earnings that exceeded the expectations of Wall Street analysts. Lumber Liquidators, a specialty retailer of hardwood flooring, plunged after its CEO abruptly quit the company.Stocks are trading at record levels, but […]
NEW YORK (AP) — The stock market eked out another record close on Thursday as rising oil prices boosted energy stocks.Best Buy was among the biggest gainers after reporting earnings that exceeded the expectations of Wall Street analysts. Lumber Liquidators, a specialty retailer of hardwood flooring, plunged after its CEO abruptly quit the company.Stocks are trading at record levels, but […]
HONG KONG (AP) — Most Asian stock indexes rose Friday, with China’s benchmark at its highest in seven years, after Wall Street eked out another record close.KEEPING SCORE: Japan’s Nikkei 225 index edged 0.1 percent lower to 20,172.15 and South Korea’s Kospi rose 0.5 percent to 2,134.11. Hong Kong’s Hang Seng advanced 1.2 percent to 27,863.25. The Shanghai Composite Index […]
