Tag: Market Watch

European Stocks Reverse Losses on Strong SAP, LVMH Results

October 13, 2021
Asia & PacificBusiness & EconomyCompaniesEconomieseconomyEuropeEuropeanInvestmentLVMHMarket WatchMarketsMedia & Big TechreverseSAPstocksUKUSUS NewsWorld
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European stocks recouped early losses on Wednesday as upbeat earnings forecast from German software group SAP and robust quarterly sales for French luxury goods maker LVMH helped soothe worries about inflation. By 0824 GMT, the pan-European STOXX 600 index was up 0.2 percent after falling as much as 0.4 percent in opening trade. The German…

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World Shares Mixed as Investors Await US Inflation Figures

October 13, 2021
Asia & PacificAustraliaBusiness & EconomyChinaChina Business & EconomyCompaniesEconomieseconomyEuropefiguresHK BusinessHong KonginflationInternationalInvestmentinvestorsLocal NewsMarket WatchMarketsNew YorkNY NewsRegional-Local NewsSharesUKUSUS NewsWorld
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World shares were mixed on Wednesday as investors awaited the release of U.S. inflation data and upcoming corporate earnings. Stocks fell in Paris, London, Tokyo, and Sydney but rose in Shanghai and Frankfurt. Prices for oil and other energy have surged recently along with costs of other commodities. Shortages of semiconductors have meanwhile slowed output…

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Wall Street Closes Lower on Jitters Ahead of Earnings, Fed Minutes

October 13, 2021
Business & EconomyCompaniesearningsEconomieseconomyFedInvestmentjittersLocal NewslowerMarket WatchMarketsNew YorkNY NewsRegional-Local NewsUSUS NewsWall Street
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NEW YORK—U.S. stocks finished lower on Tuesday, extending losses late as investors grew more jittery in the run up to third-quarter earnings, while a jump in Tesla shares helped support the market. Adding to investor caution, the Federal Reserve is expected to release minutes on Wednesday from its last policy meeting, which market participants will…

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US IPO Boom Braves Market Volatility

October 12, 2021
ArchivedBoomBusiness & EconomyCompaniesEconomieseconomyInvestmentIPOLocal NewsmarketMarket WatchMarketsNew YorkNewsNY NewsRegional-Local NewsUSUS Newsvolatility
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Weeks of stock market volatility have done little to dent the record-setting pace of U.S. initial public offerings, with capital market insiders forecasting a strong finish to the year and a robust pipeline of listings in 2022. More than 2,000 IPOs raised a combined $421 billion globally by the end of September, a record high,…

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Nasdaq Futures Lifted by Big Tech as Focus Turns to Earnings

October 12, 2021
Business & EconomyCompaniesearningsEconomieseconomyInvestmentMarket WatchMarketsMedia & Big TechNASDAQTechUSUS News
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Gains in technology stocks kept Nasdaq futures afloat on Tuesday, while futures tracking the Dow and the S&P 500 were pressured by worries of higher inflation and its impact on third-quarter earnings starting this week. Mega-caps growth names including Microsoft Corp., Facebook Inc., Amazon.com Inc., Google-parent Alphabet, and Tesla inched higher in premarket trading. Tesla…

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Wall Street Flat on Concerns Over Inflation Impact on Profits

October 12, 2021
Business & EconomyCompaniesEconomieseconomyflatinflationInvestmentMarket WatchMarketsMedia & Big TechprofitsUSUS NewsWall Street
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U.S. stock indexes were trading largely flat in a choppy session on Tuesday on worries over the impact of rising inflation on upcoming third-quarter earnings, while Tesla gained after record China-made vehicles sales. Eight of the 11 major S&P 500 sector rose, led by defensive utilities, real estate, and consumer staples shares, which investors prefer…

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Central Banks Likely to Make Policy Errors: Deutsche Bank Survey

October 12, 2021
Business & EconomyCentral BankEconomieseconomyEuropeFederal Reserveinterest ratesInvestmentMarket WatchMarketsUSWorld
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The Federal Reserve and the European Central Bank are likely to keep policy settings too loose while the Bank of England will probably err on the hawkish side, most respondents told an October market sentiment survey conducted by Deutsche Bank. The Fed has been moving closer to rolling back its $120 billion in monthly asset…

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Inflation Jitters Take Toll on European Stocks Ahead of Earnings

October 12, 2021
Business & EconomyCompaniesearningsEconomieseconomyEuropeEuropeaninflationInvestmentMarket WatchMarketsstocksUKUSUS NewsWorld
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European shares slipped on Tuesday as investors feared that soaring commodity prices would hamper a recovery in corporate profit, with fresh signs of troubles at property developer China Evergrande also hitting confidence. The pan-European STOXX 600 index was down 0.3 percent in morning trading, hovering about 5 percent below its August peak. Asian stocks also…

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Stocks and Bonds Reel Under Stagflation Threat

October 12, 2021
Asia & PacificbondsBusiness & EconomyChinaChina Business & EconomyCompaniesEconomieseconomyEuropeInternationalInvestmentMarket WatchMarketsstagflationstocksthreatUKUSUS NewsWorld
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LONDON—A selloff in global stocks extended into Tuesday on signs that soaring energy prices had put a dampener on economic growth, while inflation and policy-tightening fears sent short-dated U.S. Treasury yields to 18-month highs. Oil prices rose further, with Brent crude at almost $89 a barrel. Coal has scaled record peaks and, while gas prices…

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Wall Street Ends Choppy Session Lower on Earnings Jitters; Financials Down

October 12, 2021
Business & EconomyCompaniesearningsEconomieseconomyfinancialsInvestmentLocal NewslowerMarket WatchMarketsMedia & Big TechNew YorkNY NewsRegional-Local NewsUSUS NewsWall Street
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NEW YORK—U.S. stocks ended a choppy session lower on Monday as investors grew nervous ahead of third-quarter earnings reporting season. Supply chain problems and higher costs for energy and other things have fueled concern about earnings, set to kick off with JPMorgan Chase & Co. results on Wednesday. Indexes reversed early gains after midday and…

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