Foreign Stock Market Headlines
On Thursday, the U.S. markets closed on a negative note despite of stocks witnessing buying interest in the morning trade. The sentiment among investors was dampened after Fed Chairman Bernanke confirmed that the central bank has no plans in place to extend a fresh stimulus package. He further stated that a default by the Treasury [...]
On Thursday, the U.S. markets closed on a positive note as participants remained optimistic regarding the US monthly payrolls data due on the next trading session. The positive sentiment was fuelled after the ADP Employment report showed better than expected figures. As per the report, private payrolls increased by 157,000 in June, which exceeded the [...]
On Thursday, the U.S. markets closed higher such that the Dow and S&P 500 had a lackluster finish after hovering around the key technical levels, but the Nasdaq managed to post a solid gain following a couple of exceptional quarterly announcements. On the corporate front, Netflix (NFLX 210.87, +27.84) and Qualcomm (QCOM 54.90, +3.04) helped [...]
On Tuesday, the US market reported a solid start, but as dollar overpowered euro, market turned negative and stocks spiked into losses nearing the sessions low. Following the news of European Union handing over Greece 14.5 bn euros as a part of European rescue plan supported the overseas market. Taking cues from global counterparts US [...]
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The U.S. market closed sharply lower on Friday after JPMorgan Chase & Co reported deep fourth-quarter loan losses that raised concerns about earnings for the banking industry. Stronger dollar contributed to the selling pressure in commodities. Consequently, CRB Commodity Index dropped to a 1.1% loss. Besides, consumers” caution about the economy as reflected in the [...]
The US market ended on flat note on Tuesday, putting an end to the six-day winning streak amid lower volumes. Trading volumes were lower following the long holiday weekend and may continue like that during the shortened trading week as markets will remain close on Thursday in observance of New Year”s Day. The dollar”s rebound [...]
