|Day's Range||7,514.26 - 7,577.68|
|52 Week Range||6,866.90 - 7,903.50|
Investing.com - Stocks started the day lower on Wall Street Friday, as global market selling on a further tumble in the Turkish lira hit the broader market and weakness in semiconductor earnings hit technology shares.
European stocks were lower on Friday afternoon, as Turkey's ongoing currency crisis appeared to keep investors wary of taking on riskier assets.
Kazakhstan-focused miner Kaz Minerals slumped to the bottom of the European benchmark on Friday, tumbling more than 13 percent lower after Barclays cut its price target for the firm. Market focus is largely attuned to Turkey's ongoing currency crisis, with a dramatic fall against the dollar earlier this week sparking fears of contagion and a sell-off in emerging markets. European stocks were lower on Friday afternoon, as Turkey's ongoing currency crisis appeared to keep investors wary of taking on riskier assets.
The currency rose slightly against the dollar on Thursday, after rallying Wednesday on the back of financial support from Qatar. Bourses in Europe climbed higher Thursday following news that China accepted an invitation from the United States to talk trade in late August. The positive news out of China pushed basic resources to trade over 1 percent higher.
Bourses in Europe open higher Thursday morning following news that China has accepted an invitation from the United States to talk trade in late August.
Investing.com - Wall Street opened lower Wednesday on concerns about retail earnings and global market weakness.
The report comes at a time of growing shareholder activism over big pay-outs, with companies including BT, Royal Mail and WPP all being forced to contend with stormy annual investor meetings over recent months. The research, published Wednesday, by the Chartered Institute of Personnel and Development (CIPD) and the High Pay Centre showed a full-time worker on a median salary of £23,474 would need to work 167 years to earn the median annual pay of a FTSE 100 chief executive — up from 153 years in 2016. Women were found to represent just 7 percent of FTSE 100 bosses and accounted for just 3.5 percent of their total pay.
In commodities, gold futures rose 0.33% to $1,202.90 a troy ounce, while crude oil futures increased 1.44% to $68.17 a barrel. The U.S. dollar index, which measures the greenback against a basket of six major currencies, rose 0.07% to 96.23.
Investing.com – U.S. futures were higher on Tuesday as investors shrugged off economic uncertainty in Turkey.The S&P 500 futures rose 11 points, or 0.39%, to 2,836.50 as of 6:45 AM ET (10:45 GMT) while Dow futures were up 97 points, or 0.38%, to 25,312.0. Meanwhile tech heavy Nasdaq 100 futures increased 39 points, or 0.53%,to 7,456.25.The Turkish lira rallied on Tuesday, breaking a 5-day losing streak after the country's central bank pledged to provide liquidity in response to a meltdown which has unsettled global markets.The struggling currency sank to an all-time low of 7. ...
The euro zone will learn its latest growth rate figures at 10 a.m. London time (5 a.m. ET). Industrial production numbers and the ZEW economic sentiment index for the region will also be released at that time. European stocks traded in the black Tuesday morning as concerns over Turkey's economic woes eased.
WPP (LSE:WPP.L - News) is set to move out of its central London headquarters after 30 years, in another break with the past following the departure in April of founder and CEO Martin Sorrell from the world's largest advertising company. A person familiar with the situation said the company would stop leasing the small mews property which, despite its location in Farm Street in the upscale district of Mayfair, is one of the more low-key headquarters for a FTSE 100 company. Staff from the head office, who cover areas such as legal and finance, will move into Sea Containers, a large office on the south bank of the River Thames that is already home to some of WPP's agencies.
Investing.com - U.S. futures pointed to a lower opening bell on Monday, as the economic crisis in Turkey rattled global markets.The S&P 500 futures fell 7 points, or 0.26%, to 2,829.50 as of 6:50 AM ET (10:50 GMT) while Dow futures slumped 74 points, or 0.29%, to 25,257.0. Meanwhile tech heavy Nasdaq 100 futures decreased 19 points, or 0.26%,to 7,407.50.The Turkish lira was slightly higher on Monday after Turkey’s central bank pledged to provide liquidity and cut reserve requirements for Turkish banks. ...
The pan-European Stoxx 600 was around 0.3 percent lower during mid-afternoon deals, with the majority of sectors trading in negative territory. Market focus is largely attuned to Turkey's financial woes, with the country's currency taking another slide to all-time lows of 7.2400 on Monday morning. European stocks were lower Monday afternoon, as Turkey's worsening economic crisis prompted investors to offload riskier equities and flee to safe-haven assets.
The S&P 500 fell 14 points, or 0.50%, to 2,839.23 as of 9:36 AM ET (13:36 GMT), while the Dow decreased 165 points, or 0.65%, to 25,343.40 and the tech-heavy Nasdaq Composite lost 39 points, or 0.50%, to 7,852.47.
Investing.com – U.S. futures were lower on Friday as trade risk and geopolitical uncertainty weighed on investor sentiment.The S&P 500 futures fell 12 points, or 0.43%, to 2,841.50 as of 6:37 AM ET (10:37 GMT) while Dow futures slumped 98 points, or 0.38%, to 25,395.0. Meanwhile tech heavy Nasdaq 100 futures decreased 39 points, or 0.53%,to 7,436.0.Geopolitical tensions continued after the U.S. imposed fresh sanctions against Russia on Wednesday for its alleged part in poisoning a former British spy and his daughter in the UK. ...
European stocks traded lower Friday morning as investors reacted to corporate earnings, fresh turmoil in Turkey and the ongoing trade war between the U.S. and China.
Asian markets closed mostly lower in Friday trade. Trade concerns have been in the spotlight, with China announcing earlier this week that it would retaliate against recent U.S. tariffs. The dollar firmed broadly, while the Turkish lira extended losses, sliding around 12 percent at one point.
The S&P 500 fell about 0.5 point, or 0.03%, to 2,856.88 as of 9:37 AM ET (13:37 GMT), while the Dow lost 4 points, or 0.02%, to 25,578.86 and the tech-heavy Nasdaq Composite gained 3 points, or 0.05% to 7,892.29.
Investing.com - U.S. futures inched forward on Thursday as investors look ahead to corporate earnings and monitor news for geopolitical and trade developments.The S&P 500 futures rose 2 points, or 0.10%, to 2,858.0 as of 6:50 AM ET (10:50 GMT) while Dow futures were up 12 points, or 0.05%, to 25,548.0. Meanwhile tech heavy Nasdaq 100 futures increased 7 points, or 0.10%,to 7,478.75.Media companies are in focus as dozens of companies release their corporate results as earnings season winds down. ...
China on Wednesday imposed additional tariffs of 25 percent on $16 billion worth of U.S. fuel and steel imports. The U.S. is to punish Russia with sanctions over the the poising of former Russian spy Sergei Skripal. The U.S. administration is to punish Russia with sanctions over the Kremlin's alleged involvement in the poising of former Russian spy Sergei Skripal in Salisbury, England.
The S&P 500 fell 2 points, or 0.08%, to 2,855.90 as of 9:37 AM ET (13:37 GMT), while the Dow decreased 21 points, or 0.09%, to 25,607.01 and the tech-heavy Nasdaq Composite lost 7 points, or 0.10%, to 7,875.92.
Investing.com – U.S. futures were flat on Wednesday as the Sino-U.S. trade war escalated and investors waited for earnings results.The S&P 500 futures rose 1 point, or 0.03%, to 2,860.75 as of 6:50 AM ET (10:50 GMT) while Dow futures were up 12 points, or 0.05%, to 25,612.0. Meanwhile tech heavy Nasdaq 100 futures was down half a point, or 0.01%,to 7,476.75.The U.S. announced on Tuesday that it will impose a 25% tariff on $16 billion of Chinese goods on August 23, as the trade war between the two largest economies in the world escalates. ...
The U.S. said it will impose further tariffs on Chinese goods starting August 23, 2018. It is expected that 25 percent import taxes are going to applied to about $16 billion of annual imports. European stocks traded mixed on Wednesday as investor kept a close eye on corporate earnings and trade tensions.