Page 12 - Global Stock Market

Global tech stock rout worsens as China index set for record low

The Hang Seng Tech Index, which officially started in July last year, dropped as much as 2.5% to slip below the previous closing low on Aug. 20

Stocks tumble, dollar climbs as taper and virus fears spook markets

Stocks stumbled, global bond yields fell and the dollar hit a nine-month peak on Thursday as a double-whammy of Fed taper fears and Covid worries haunted equity markets

Global indices edge lower as focus shifts towards US consumer data

The MSCI's broadest gauge of global shares was down 0.1 per cent in European trading, broadly unchanged on the week, as European markets gave up some of their earlier gains

Value trade is just getting started beyond the US stock market

For all the dominance of mega-cap growth names, US stocks led the world during the cyclical upswing in the first half of the year - and that means other regions are now primed for a catch-up

Global stocks rally into US jobs report amid surging commodity prices

Global stocks headed for their first weekly gain in three amid a surge in commodity prices, while traders braced for a key US jobs report later on Friday

GameStop's strong stock performance triggered board director's exit

Giving up the board seat allows Wolf to sell GameStop shares for his investors without restrictions to meet redemption requests

Goldman Sachs Group sells over $10-billion stocks in block trades

The trades triggered price swings for every stock involved in the high-volume transactions

World's biggest wealth fund dumps 15 stocks on ethical grounds

The Oslo-based fund generated $123 billion in returns in 2020, marking its second-best performance ever thanks in large part to tech stocks

From best to worst: A 2020 winner in stock market is now the biggest loser

Health care is Asia's worst-performing sector this year

Bulls take a break: Sensex, Nifty fall for fourth day amid yield surge

Sensex down 2.4% in four sessions

Here's why the current market rally may not take a breather anytime soon

So what has propelled the Indian markets this week? How are foreign flows shaping up? Will the market continue to go up? In this podcast, we discussed the growth trajectory in detail

Global stocks mixed on optimism over recovery, stimulus package

Global stock markets were mixed on Tuesday after another record-setting rally on Wall Street. London and Frankfurt opened lower, while Shanghai, Tokyo and Hong Kong advanced. US futures were lower a day after Wall Street's benchmark S&P 500 index closed up 0.7%. Investors were encouraged by company earnings, news that a surge in coronavirus cases is easing, progress in distributing vaccines and the possibility of U.S. government stimulus. Despite concern prices might be rising too fast, the momentum behind this reflation trade remains a force to reckon with, said Jingyi Pan of IG in a report. In early trading, London's FTSE 100 declined less than 0.1% to 6,518.19 and Frankfurt's DAX lost 0.2% to 14,032.42. The CAC 40 in Paris was unchanged at 5,686.76. On Wall Street, the future for the S&P 500 and Dow Jones Industrial Average were off less than 0.1%. On Monday, the S&P 500, the Dow and the Nasdaq composite all set records. In Washington, President Joe Biden and ...

Asian shares jump on US stimulus, Japan's Nikkei hits 29-year high

Asian shares jumped, with Japanese stocks hitting a 29-year high, as hopes that a long-awaited U pandemic relief package would be expanded and a Brexit trade deal supported investor risk appetites

Asian stocks slip on fresh fears over new strain of coronavirus in UK

Asian shares slipped, extending a pullback from multi-year highs hit last week on fears a highly infectious new strain of Covid-19 that shut down UK could lead to a slower global economic recovery

New Covid-19 strain inflicts pain on global stocks, threatens volatility

The new strain is said to be up to 70% more transmissible than the original

Asian stocks hit record-high on hopes of US stimulus package, Covid vaccine

A gauge of Asian shares hit a record peak on hopes of a much-needed US stimulus package before year-end just as coronavirus vaccines roll out, while oil prices hovered near their highest since March

US House may pass a bill to block Chinese firms from listing in US markets

The US House of Representatives is expected to pass legislation this week that could prevent some Chinese companies from listing their shares on US exchanges unless they adhere to US auditing standard

November set to be record-busting month for stocks over Covid vaccine news

World shares were set to seal a record-busting month as the prospect of a vaccine-driven global economic recovery next year

Go risk-on, 'keep the faith, trust the recovery' in 2021: Morgan Stanley

In an outlook for 2021, a team including Andrew Sheets recommended investors overweight equities and corporate bonds ag­ainst cash and government debt, and sell the US dollar

Global indices cheer as Moderna's Covid vaccine data boost sentiment

Development on Moderna's candidate, recovery in Asia, corporate earnings propel markets towards fresh highs