×

Archive Europe Markets

  • NEW YORK— U.S. stocks are climbing Thursday as transportation companies jump following solid earnings from railroad operator CSX, while paint and coatings maker Sherwin-Williams sends companies that make and sell basic materials higher. The Russell 2000 index of smaller-company stocks added 14 points, or 1 percent, to 1,381.. TRAIN KEPT A ROLLING: Railroad...

  • But with the outcome of the French presidential elections due at the weekend, markets are set to trade in well worn trading ranges, barring any major data surprises in Asia. "We are looking at the opportunities in Asia, particularly... equities in China and India where corporate earnings are expected to be strong this year," said Fan Cheuk Wan, head of investment...

  • But gains were limited, and market participants said Japanese stocks are expected to trade in a fixed range throughout the day as mounting tensions between North Korea and the United States, along with political uncertainty in Europe ahead of the French presidential elections, keep investors cautious. "Even though a technical rebound in the Tokyo market...

  • *Chicago Board of Trade wheat for May delivery was off 0.1 percent at $4.18-1/ 2 a bushel by 0101 GMT. *Commonwealth Bank of Australia analyst Tobin Gorey said U.S. wheat exports for the 2016 season look likely to be, at best, 1 million tonnes below the USDA's current forecasts "unless there are chunky late sales." *Chicago corn was steady at $3.62 per bushel and soybeans...

  • HONG KONG, April 20- Asian stocks may slip for a second consecutive day on Thursday as a weak Wall Street and declining commodity prices, especially for oil, prompted investors to trim their exposure to risky assets. MSCI's broadest index of Asia-Pacific shares outside Japan slipped 0.5 percent in early trades after declining nearly 1 percent on Wednesday.

  • NEW YORK, April 19- Oil prices dropped more than 3 percent on Wednesday following a surprise increase in gasoline inventories, and declines in energy shares weighed on U.S. stocks. The dollar recovered from recent weakness against the euro and the safe-haven yen, while sterling was off six-month highs hit after Britain's prime minister on Tuesday called for a...

  • NEW YORK, April 19- The S&P 500 and Dow closed lower and the Nasdaq advanced on Wednesday as investors digested the latest round of earnings, while a drop in oil prices weighed on the energy sector. IBM sank 4.9 percent to $161.69 after the company reported a bigger-than-expected decline in revenue for the first time in five quarters. "Usually the bigger names are...

  • NEW YORK, April 19- The S&P 500 was flat on Wednesday as investors waded through the latest round of earnings, while a drop in oil prices weighed on the energy sector. U.S. crude fell below $52 a barrel for the first time in two weeks. "Crude broke $52 on WTI, that is the strongest correlation we have right now away from the case-by-case earnings we have," said Art Hogan, chief...

  • *Britain's FTSE gives up 2017 gains as sterling weighs. NEW YORK, April 19- World stock indexes mostly rose on Wednesday following mostly upbeat U.S. corporate earnings, while U.S. bond prices and gold fell as markets indicated improving risk sentiment. The dollar recovered from recent weakness against the euro and the safe-haven yen, while sterling was off...

  • After an initial drop in its shares, they recovered on its upbeat comments over China and were up 1.04 percent at 1137 GMT, with the stock up around 15 percent so far in 2017.. "The high-end nature of Remy's portfolio means the group benefits from rebounding spirits consumption in China and trading-up trends in global spirits," Liberum analysts, who have a sell...

  • LONDON, April 19- Long-dated German government bond yields were close to their lowest level of 2017 on Wednesday as investors retreated to safe assets in the face of concerns over geopolitical tensions and the upcoming presidential election in France. In Europe, investors are preoccupied with a British snap election in June and Sunday's unpredictable first...

  • TOKYO, April 19- Japanese stocks were nearly flat on Wednesday in choppy trade as investors refrained from taking large positions as geopolitical tensions soured the mood. The Nikkei 225 share average edged up 0.07 percent to 18,432.20 after traversing positive and negative territory, while the broader Topix was down 0.01 percent at 1,471.42.

  • TOKYO, April 19- Japanese stocks edged down in choppy trade on Wednesday morning as geopolitical tensions soured investor sentiment, while regional banking stocks underperformed as Japanese government bond yields fell to five-month lows. Escalating tensions between the United States and North Korea also kept investors nervous, while eyes were also on...

  • LONDON, April 18- European shares hit three-week lows on Tuesday in volatile trade after Britain's prime minister called for an early election and the first round of France's presidential election loomed. The pan-European STOXX 600 index closed down 1 percent, suffering its worst day's losses in 10 weeks, while Britain's FTSE 100 fell 2.5 percent.

  • *FTSE 100 down 2.5 pct after PM May calls early election. The FTSE 100 dropped 2.5 percent to its lowest in nearly 10 weeks as sterling inched higher, further weighing on the index's stocks, most of which earn in foreign currencies. The day's losses shrank year-to-date gains for the FTSE to just 0.2 percent, further denting an already weakening rally which had...

  • LONDON, April 18- The premium investors demand for holding French government bonds over German peers tightened to a one-week low on Tuesday after a poll gave centrist independent Emmanuel Macron the lead ahead of the first round of France's presidential election. Also highlighting the market impact of political risk in Europe, Britain's Prime Minister...

  • *Q1 group oper profit 4.4 bln euros vs yr-earlier 3.4 bln. FRANKFURT, April 18- Volkswagen reported a 28 percent jump in first-quarter operating profit, helped by a return to earnings growth at its core VW brand which has struggled to recover from the German carmaker's diesel emissions scandal. Shares in Volkswagen jumped on the news, trading 3.7 percent higher at...

  • NEW YORK, April 18- Stock indexes and the U.S. dollar fell on Tuesday as a snap general election call in Britain added to a growing list of uncertainties for investors, including saber-rattling in the Korean Peninsula and an election in France. Vice President Mike Pence arrived in Tokyo after reassuring South Korea of an "iron-clad" alliance with the United States...

  • NEW YORK— U.S. stocks fell Tuesday after weak first-quarter reports from Johnson& Johnson and Goldman Sachs frustrated investors who hope that company earnings are on the rise. Johnson& Johnson took its biggest one-day loss in a year. Kate Warne, an investment strategist for Edward Jones, said Goldman Sachs and Johnson& Johnson had a dramatic effect on stocks...

  • *OPEC to meet May 25 to consider output cut extension. *UAE minister sees healthy demand growth, falling crude stocks. Global benchmark Brent crude futures were down 34 cents at $55.02 a barrel at 1330 GMT.