|Day's Range||29,089.39 - 29,436.84|
|52 Week Range||25,199.86 - 33,484.08|
It’s a busy week ahead on the data front, though focus through the week will continue to be geo-political, with trade wars and the EU Summit to consider.
China’s Shanghai Composite Index lost strength on Thursday and declined to fresh two-year low price levels. Carrying forward the weakness, the Shanghai Composite Index opened lower on June 22. However, the Shanghai Composite Index regained strength as the day progressed and closed higher.
After declining for four consecutive trading days, China’s Shanghai Composite Index rebounded on Wednesday and broke the losing streak. However, the Shanghai Composite Index fell on June 21. The index opened the day lower and declined to fresh two-year low price levels.
Tobacco stocks rise on ratings callTobacco stocks were rising Wednesday. European stocks on Wednesday bounced off a nearly three-week low, staging a recovery as traders came to terms with the further deterioration in the trade relationship between the U.S. and China that sent equities world-wide tumbling in the prior session. A measure of calm was returning to equity markets, even though the U.S. and China were still locking horns on trade issues.
Ocado, tobacco stocks rise after analyst commentsShares of BP and rival oil producer Royal Dutch Shell were among Wednesday’s winners in U.K. trade. U.K. stocks rose on Tuesday, with tobacco companies among biggest gainers after a positive broker note, helping London’s blue-chip index bounce off a six-week low that it reached as trade tensions between the U.S. and China escalated. The FTSE 100 index (^FTSE) gained 0.3% to close at 7,627.40, partly recovering from a 0.4% loss on Tuesday.
The Nasdaq led as stocks rebounded briskly at Wednesday's open, after positive currency moves by China's central bank triggered gains across global markets. Winnebago[ticker symb=WGO] and Walgreens Boots[ticker symb=WBA] were early leaders. Netflix[ticker symb=NFLX] and Facebook[ticker symb=FB] took early leads among big tech names. Oracle's[ticker symb=ORCL] stock futures fell hard on earnings news. 21st Century Fox[ticker symb=FOX] and Walt Disney[ticker symb=DIS]...
Following a weak performance for four weeks, China’s Shanghai Composite Index started this week on a weaker note and declined to two-year low price levels on Tuesday. Maintaining the weakness, the Shanghai Composite Index opened lower on Tuesday. However, the Shanghai Composite Index rebounded amid increased buying pressure and closed the day with limited gains.
Asian stocks closed higher on Wednesday after regional markets tumbled on investor jitters over U.S.-China trade tensions in the last session.
China’s Shanghai Composite Index declined last week for the fourth consecutive trading week. China’s markets were closed on Monday for the Dragon Boat Festival holiday. Carrying forward the weakness, the Shanghai Composite Index opened lower on June 19 and declined to two-year low price levels.
Shares of ZTE sank after the U.S. Senate passed a defense bill that had implications for an agreement struck with the Chinese telecommunications equipment maker.
China’s Shanghai Composite Index declined in four out of five trading days last week and clocked the fourth consecutive weekly loss. Liquidity concerns in the market, weaker-than-expected economic data, and fears about a trade war with the US weakened China’s market sentiment last week. China’s markets are closed on Monday for the Dragon Boat Festival holiday.
China’s Shanghai Composite Index closed lower on Thursday and clocked the second consecutive daily loss. Carrying forward the weakness, the Shanghai Composite Index opened lower on Friday and declined to 20-month low price levels.
Earnings news drove Adobe and Canada Goose, while trade-sensitive stocks dived Friday on the latest skirmish in the U.S. and China trade war.
Asian markets closed mixed on Friday as investors awaited developments on the trade front ahead of the expected unveiling of U.S. tariffs targeting China.
Mylan and Oracle dragged on early trade, but positive news out of Europe sent futures higher, and IPOs Etsy, Huya and Pivotal were poised to nail news highs.
The rebound in China’s markets on Tuesday was short lived. China’s Shanghai Composite Index resumed the downfall on Wednesday. Carrying forward the weakness, the Shanghai Composite Index opened lower on June 14 and closed the day at two-week low price levels.
Asian stock markets finished lower Thursday after the U.S. Federal Reserve indicated two more rate hikes are coming later this year, and as Chinese economic data missed expectations.
The People's Bank of China on Thursday decided not to follow the U.S. Federal Reserve in raising interest rates, defying expectations that the Chinese policy makers would follow their usual pattern and ...
Telecommunications equipment maker ZTE fell more than 40 percent in Hong Kong after its shares resumed trade there and in Shenzhen.
Telecommunications equipment maker ZTE fell around 40 percent in Hong Kong as its shares resumed trade. Telecommunications equipment maker ZTE fell around 40 percent early in Hong Kong Wednesday trading hours after its shares resumed trade there and in Shenzhen. In a filing , ZTE said it will pay a $1 billion lump sum payment to the U.S. government as part of a settlement agreement, as well as an additional $400 million in escrow.
After declining for three consecutive trading weeks, China’s Shanghai Composite Index started this week on a weaker note and traded at 13-month low price levels on Monday. However, the Shanghai Composite Index opened June 12 on a mixed note and moved higher as the day progressed amid the improved risk appetite in the market.
Dow Jones stocks edge up, but futures remain mixed ahead of the Fed. Twitter gets a price target hike. Tesla receives a production outlook increase. McDonald's prepares to detail its restructuring plans.