European stocks continued their rebound on Thursday from a bruising sell-off earlier this week, but were set for monthly declines on worries about a slowing global economy and higher inflation. The pan-regional STOXX 600 index rose 0.6 percent, led by technology stocks, which were at the centre of the market rout, while miners rose from…
European Shares Rebound, but Set to End Volatile September With Losses
September 30, 2021
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World Shares Mostly Higher After US Averts Shutdown
September 30, 2021
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European shares and U.S. futures climbed Thursday after U.S. lawmakers moved to avert a government shutdown. Germany’s DAX edged 0.1 percent higher to 15,378.85 while the CAC 40 in Paris added 0.5 percent to 6,593.48. In London, the FTSE 100 also gained 0.5 percent, to 7,146.51. The future for the Dow industrials was 0.7 percent…
FAA Clears Virgin Galactic’s SpaceShipTwo to Fly Again After Investigation Into July Flight Mishap
The U.S. Federal Aviation Administration (FAA) has cleared Virgin Galactic’s SpaceShipTwo to fly again following an inquiry into a incident during its July spaceflight, the company announced Wednesday. The FAA announced in August that it was investigating the mishap in which a rocket ship carrying Virgin Group founder Richard Branson and five Virgin Galactic employees veered off course during its…
World Shares Mixed After Broad Slide on Wall Street
September 29, 2021
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Shares rose Wednesday in Europe after sharp declines in Asia that tracked a broad slide on Wall Street on jitters over rising prices and surging U.S. government bond yields. A swift rise in Treasury yields is forcing investors to reassess whether prices have run too high for stocks, particularly the most popular ones. On Tuesday,…
Shares Drop for Third Day, Yields Soar as Markets Brace for Rate Hikes
September 28, 2021
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LONDON—Global shares fell for a third successive day on Tuesday, while bond yields on both sides of the Atlantic soared on anxiety over when central banks might raise interest rates. MSCI’s All Country World Index, which tracks shares across 49 countries, was down 0.3 percent on the day after the start of trading in Europe….
Oil Shares Lead Charge as Crude Hits New 3-Year Highs
September 27, 2021
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LONDON—World shares rose on Monday, led by sharp gains in energy shares as crude oil prices soared to three-year highs of almost $80 a barrel while European stocks firmed after Germany’s election results ruled out chances of a purely left-wing coalition. Stock markets benefited too from an ostensible easing in Sino–U.S. tensions and Chinese authorities’…
European Shares Fall on Evergrande Fears but Hold Weekly Gains
September 24, 2021
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LONDON/HONG KONG—European shares slipped on Friday but held their gains for the week as uncertainty around the fate of debt-ridden China Evergrande weighed on investor sentiment. The regionwide STOXX 600 index slipped 0.78 percent after a three-day run of gains. Britain’s FTSE 100 and Germany’s also weakened. Still, European shares look set to end the…
Asian Shares Perk up but Evergrande Jitters Keep Investors on Edge
September 23, 2021
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HONG KONG—Asian shares made cautious gains on Thursday, supported by some positive news from cash-strapped developer China Evergrande Group, while the dollar held near a one-month top after the U.S. Federal Reserve took a hawkish tilt overnight. However, nerves were still frayed about Evergrande’s future and the country’s property sector as a whole, with a…
Global Markets See Steep Losses as China’s Evergrande Feeds Fear
World stocks flagged a negative sign as steep falls kicked off the new week on Monday. Chinese property developer Evergrande’s escalating liquidity crisis had triggered concerns about spillover risks and widespread pessimism in global markets. MSCI’s all-country world equity index shed 1.63 percent, its biggest one-day percentage fall day in about two months, as Wall…
Hong Kong Shares Lead Asia Lower; Tokyo and Shanghai Closed
September 20, 2021
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Shares fell more than 3 percent in Hong Kong on Monday in holiday-thinned trading in Asia, with other big markets in Tokyo and Shanghai closed. Other regional benchmarks also fell after Wall Street wrapped up last week with another decline. Investors are watching to see whether the Federal Reserve will take any action to address…
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