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Stocks and Indices news

Major European stock markets opens in red as Brexit slows

07:43 am 2019-10-18

Major European stock markets began trading in the red on Friday as the newly agreed Brexit deal faces a vote in parliament in London on Saturday. British Prime Minister Boris Johnson said he was "very confident" that lawmakers would support the Brexit deal. However, the government lacks the support of the Christian Democrats, which has said it will not support the deal and urges conservatives to take the same position. Johnson: Confident MPs support Brexit deal More

Asia-Pacific stocks diverged after China's GDP data

02:22 am 2019-10-18

Asia-Pacific markets were mixed in early trade Friday morning, as investors followed the release of China's third-quarter GDP data - as growth continued to slow in anxiety amid the ongoing trade war with the US. China's GDP growth in the third quarter 2019 China released its third quarter GDP figures on Friday which showed the economy grew 6.0% compared to last year. Analysts polled by Reuters had forecast China's third-quarter GDP growth of 6.1% from a year ago. In…More

Wall Street opens higher amid fears of global recession

02:32 pm 2019-10-17

US stocks started trading on Thursday in the green, as shown in the pre-market earlier in the day. However, weak economic performance continued to fuel fears of a possible recession, following unexpectedly weak retail sales figures yesterday and the Federal Reserve's report today on US industrial production, suggesting a decline. Meanwhile, in Europe, the UK and the EU are close to defining a post-Brexit relationship, announcing that they have signed the long-awaited withdrawal agreement. The next stage in the…More

European stocks begin to decline as Britain exits the European Union

08:33 am 2019-10-17

Stocks in major European stock markets opened slightly lower on Thursday as Brexit negotiations continued. Northern Ireland's DUP has announced that it will not support the current withdrawal agreement due to customs issues, proposed approval and lack of clarity on VAT. U.S. President Donald Trump claimed that Washington could not lose a customs war against the EU because of differences in export volumes. In terms of profits, Nestlé and Unilife both reported higher earnings. More

Asian stocks were mixed as trade tensions continued on Thursday

06:36 am 2019-10-17

Stocks were mixed in Asian markets as China-US relations remained complex. US Treasury Secretary Steve Mnuchin said the talks were currently on hold because Chinese officials had not sent a call for negotiations that would seal the "Phase I" agreement. Meanwhile, Beijing accused the United States of violating the Vienna Convention on Diplomatic Relations by requiring Chinese diplomats to notify hosts before any meetings with state officials. At the same time, the situation in Hong Kong remains tense…More

US stocks indexes open lower after weak retail sales data

02:24 pm 2019-10-16

Major stock indexes fell early on Wednesday after retail sales fell in September, and tensions between Washington and Ankara increased ahead of Vice President Mike Pence's visit to Turkey when President Recep Tayyip Erdogan said he would only meet President Donald Trump from US officials, but later changed his mind. The bank's earnings continued as the Bank of America and US Bancorp released their results before the bell. US retail sales fell 0.3% in September More

EU stock openings diverge amid failed Brexit negotiations

07:28 am 2019-10-16

Stocks in Europe started the session on Wednesday mixed, as Brexit talks remained the main focal point for investors. Tuesday night's discussions failed to achieve a much-needed breakthrough in negotiations between the world's fifth-largest economy and the largest trading bloc. British Prime Minister Boris Johnson's spokesman said the two sides were "working very hard", while an unnamed EU official told the talks the talks would continue this morning. On the data front, investors will be looking for the latest…More

Asian stocks strengthen as the US earnings season begins

06:05 am 2019-10-16

Investors were optimistic on Wednesday about risk assets during the session in the Asia-Pacific region. Morale appeared to be dominated by figures from the first business results of the season in the US led by major banks. Markets were preparing for Brexit dates with some hope for progress in talks on the UK's orderly withdrawal from the EU. China responds to US draft law on Hong Kong If the US Senate adopts a proposal…More

Dow rose more than 200 points after strong earnings during Tuesday

02:51 pm 2019-10-15

US markets extended gains on Tuesday as the Dow Jones industrial average rose more than 200 points on strong earnings from major banks and other companies. JP Morgan, Wells Fargo, Citigroup and Goldman Sachs were among the companies that posted better-than-expected revenue before the bell. Goldman Sachs reports profitability of $ 4.79, down 24% year on year Goldman Sachs Group said Tuesday its third-quarter net income was $ 8.32 billion, 6% lower…More

European shares open higher on Tuesday after news of Brexit

07:44 am 2019-10-15

Stocks in Europe's stock markets began trading on Tuesday in a green zone after media claimed that Brussels and London had reached an agreement on Irish support. The European Union's chief negotiator, Michel Barnier, has confirmed that it is still possible to reach an agreement on Brexit this week. In the meantime, German Economy Minister Peter Altmayer argued that his country does not need any fiscal stimulus but low tax rates and a reduction in bureaucracy to…More

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