European stocks slammed by economic concerns

2019-10-02

European stocks on Wednesday were engulfed in red on concerns over the state of the U.S. economy, the world’s largest. The Stoxx Europe 600 SXXP, -1.03%  fell 0.84% to 384.73. The German DAX DAX, -0.89%  dropped 0.92% to 12151.08, the French CAC 40 PX1, -1.23%  tumbled 1% to 5541.60 andRead More →

Oil futures end at their lowest in over a week

2019-09-24

Oil futures settled lower Tuesday, pressured by signs that Saudi Arabia is making progress in restoring production following attacks on processing facilities, as well as concerns over the global demand picture. Also contributing to declines in oil prices, Iranian President Hassan Rouhani on Tuesday said he was open to discussRead More →

Europe markets jump on Draghi stimulus promise

2019-06-18

European markets shot higher as European Central Bank President Mario Draghi promised stimulus if economic conditions didn’t improve. How did markets perform? The Stoxx 600 SXXP, +0.77%  leapt 0.7% to 381.3 after falling 0.1% Monday. The U.K.’s FTSE 100 UKX, +0.59%  was up 0.5% at 7,395.5. On Monday it dippedRead More →

Asian markets mostly higher as investors await Fed meeting

2019-06-16

Asian shares were mostly higher Monday amid a wait-and-see attitude about the direction of interest rates and the trade dispute between the U.S. and China. Japan’s benchmark Nikkei 225 NIK, +0.09%   gained 0.1% in morning trading. Australia’s S&P/ASX 200 XJO, -0.22%   lost 0.s%, while South Korea’s Kospi 180721,Read More →