Foreign Markets
Asian stocks fell, extending a global rout. The MSCI Asia Pacific Index fell 5.2% dropping every day this week and off almost 10% since the close on Friday. Japan’s Nikkei 225 Stock Average lost 6.9% overnight. In Europe, the FTSE 100 index of leading British shares was down 2.2%, while Germany’s DAX fell 3.3%.
Foreign Markets
Japan’s Nikkei Index, after conformation that the country fell into a recession in the 3rd quarter, gained 0.7% after being down as much as 2.9% in the trading day. In Europe, Dow Jones Stoxx 600 Index declined 2.3% while the MSCI World Index lost 0.8%, totaling the index’s loss to 45% on the year. . Read the rest of this entry »
Foreign Markets
The global markets surged on Wall Street’s big reversal. The MSCI World Index added 1.2%; Japan’s Nikkei 225 Stock Average gained 2.7%. In Europe, the FTSE 100 index was up 3.5% while the Dow Jones Stoxx 600 Index advanced 2.2%. For the week, the index has lost almost 5%. Read the rest of this entry »
Foreign Markets
Global markets tumbled after the events on Wall Street the previous day. Nikkei 225 Stock Average dropped 5.3%, Australia’s S&P/ASX 200 Index declined 5.86%. In Europe, the FTSE 100 index of leading British shares was down 1.7%. to 4,112.29 while Germany’s DAX fell 29.76 points, or 0.6%. Read the rest of this entry »
Foreign Markets
Asian stocks fell after Inpex Corp, Japan’s largest energy explorer, cut its profit forecast on continued demand destruction leading to falling energy prices. The implied signal of economic weakness sent the MSCI Asia Pacific Index down 1.3%, while the Nikkei 225 Stock Average dropped 1.29%. In Europe, stocks advanced after the Bank of England said it was prepared to lower interest rates again. The bank has already cut the target rate twice in the last month, reducing it by 1.5% last week to a five-decade low of 3%; the Dow Jones Stoxx 600 Index added 0.5% so far in trading.
U.S. Futures
As of 7:47 AM
After significant losses this week, the markets look to regain footing. Dow futures are down 0.3%, while S&P futures are flat in pre-market trading. What the Treasury Secretary has to say later in the morning could cause dramatic volatility on the indices. Read the rest of this entry »
