Tag: Market Reports

Japan shares hit 10-week peak, S&P 500 tests 3,000

SYDNEY (Reuters) – Asian shares forged ahead on Tuesday while U.S. stock futures challenged a major chart barrier as investors looked past Sino-U.S. trade tensions...

Hong Kong shares ease on China-U.S. rift, dollar firms

SYDNEY (Reuters) – Hong Kong shares extended losses and a gauge of Asian stocks was largely subdued on Monday, after China’s move to impose a...

Hong Kong tensions rattle world stock markets, oil tumbles

NEW YORK/LONDON (Reuters) – Oil prices tumbled and global equity markets fell on Friday as China’s move to impose a new security law on Hong...

Wall Street ends mixed as China-U.S. tensions weigh

(Reuters) – Wall Street ended mixed on Friday in a mostly tame finish to a week of strong gains, as investors gauged China-U.S. tensions and...

Wall Street Week Ahead: Investors look beyond drug makers as hunt for COVID-19 treatment heats up

NEW YORK (Reuters) – Investors are diversifying bets in the healthcare sector, as the rush to develop treatments for Covid-19 has driven up prices for...

Hong Kong tensions unnerve world stocks, oil tumbles

LONDON (Reuters) – World stocks took a hit and the Chinese yuan weakened on Friday as Beijing moved to impose a new security law on...

Global stocks skid as Hong Kong returns as Sino-U.S. flashpoint

TOKYO (Reuters) – Global shares tumbled on Friday as Hong Kong’s political unrest returned as a flashpoint in fast-deteriorating U.S.-China relations, following Beijing’s moves to...

Shares lose footing, oil marches on

LONDON (Reuters) – Equity markets slipped on Thursday on concerns about the long-term impact of the new coronavirus and simmering U.S.-China tensions, though those worries...

Oil prices climb as U.S. stock drawdown eases supply glut fears

TOKYO (Reuters) – Oil prices advanced on Thursday as a drawdown of U.S. crude inventories and output cuts by major producers helped ease concerns about...

Asia shares set for early gains as focus swings to recovery

WASHINGTON (Reuters) – Asian shares were poised to open higher on Thursday after global equities and crude prices rallied overnight on hopes of a rapid...

Oil gains, stocks rally on renewed recovery hopes

NEW YORK (Reuters) – Crude prices rose and a gauge of global equities broke out of a three-week trading range on Wednesday as investors bet...

Wall Street climbs as investors hold out for recovery; Nasdaq at 3-month high

(Reuters) – Wall Street’s main indexes surged and the Nasdaq hit a three-month high on Wednesday, as investors clung to hopes of a recovery from...

Oil prices climb more than $1 ahead of WTI June contract expiry

SINGAPORE (Reuters) – Oil prices jumped by more than $1 a barrel on Monday to their highest in more than a month, supported by ongoing...

S&P swings as investors weigh weak data, trade woes with reopening optimism

NEW YORK (Reuters) – The S&P 500 zig-zagged on both sides of unchanged on Friday as investors weighed worries about Sino-U.S. trade relations and weaker-than-expected...

U.S. stock market falls on plunging retail sales; oil up

NEW YORK (Reuters) – U.S. stocks sank on Friday after data showed a worse-than-expected drop in retail sales and as investors worried about increased Sino-U.S....

Wall Street closes with strong gains as recovery hopes offset pandemic fears

(Reuters) – Wall Street surged on Thursday as investors weighed the prospect of economic recovery against bellicose remarks from President Donald Trump regarding U.S.-China trade...

S&P 500 closes barely higher as investors balance pandemic with recovery

NEW YORK (Reuters) – The S&P 500 closed barely higher, eking out a nominal gain on Monday as investors weighed new spikes in coronavirus infections...

Wall Street set to drop on fear of new infection wave

(Reuters) – Wall Street’s main indexes were set to fall at the open on Monday after last week’s rally, as investors worried about a second...

Oil prices drop amid supply glut, fears of 2nd coronavirus wave

SINGAPORE (Reuters) – Oil prices slid nearly $1 a barrel on Monday as concern over a persistent glut and economic gloom caused by the coronavirus...

Wall Street jumps as historic job losses fewer than feared

(Reuters) – Major U.S. stock indexes jumped on Friday and logged solid gains for the week after data on historic job losses due to the...

Wall Street Week Ahead: U.S. data deluge to underscore divide between roaring market, plunging economy

NEW YORK (Reuters) – A week packed with U.S. economic data is likely to provide investors with more evidence of the extent to which the...

U.S. stock futures, Chinese shares slip amid Sino-U.S. tensions, oil falters

SYDNEY (Reuters) – Shares struggled and the yen gained on Wednesday, with markets in China faltering on their return from a long holiday as investors...

Dollar firm but stocks, oil under pressure as U.S.-China tensions rise

SINGAPORE (Reuters) – The dollar rose, oil fell and stock markets were poised to slip on Monday as rising U.S.-China tensions over the coronavirus –...

Wall Street Week Ahead: Stocks face test as reopenings could fuel demand – or more coronavirus

NEW YORK (Reuters) – A bounce in stocks is likely to face a test in the coming weeks as investors try to gauge whether countries...

World stocks fall as Trump’s China tariff threat dampens risk appetite

NEW YORK (Reuters) – A sharp fall on Wall Street dragged a global stocks index down on Friday on concerns that the world’s two largest...