European gains tracked a late rally on Wall Street on Thursday, where stronger-than-expected U.S. jobs numbers and a rally in Apple and Boeing helped offset some disappointing earnings. "Retail sales in Germany and Spain, as well as consumer spending in France, are above expectations. These are the first signs for the positive impact from low oil prices and are a...» Read More
Asian markets finished mixed Tuesday as investors fretted over the health of the U.S. economy. Japan closed almost 1 percent lower, but South Korea and China made gains of almost 1 percent.
Asian stock markets took a breather Monday and were largely unchanged from Friday's close, after posting their best weekly gain in more than three months last week. Japan and South Korea both closed a touch lower.
Asian markets closed mostly higher Friday after comments by Federal Reserve Chairman Ben Bernanke raised hopes for an interest-rate cut in December, but China's Shanghai Composite Index ended sharply lower as PetroChina and financial stocks fell.
Asian markets ended higher across the board Thursday, as risk appetite returned to the market after comments from the vice chairman of the Federal Reserve bolstered expectations for a U.S. interest rate cut.
Asian markets slipped into the red Wednesday, with the exception of the Hang Seng index, paring back the modest gains made in the morning. Japan finished down while South Korea closed over 1 percent lower.
Asian markets see-sawed in volatile trade Tuesday to end mixed as financial counters rebounded on news that Citigroup will receive a large cash infusion from the investment arm of the Abu Dhabi government. The news pushed the Japanese and South Korean markets back into the black after spending most of the session in negative territory.
Asian markets surged to close firmly in the green Monday, with the exception of China's Shanghai Composite index, reversing four straight weeks of losses. Tokyo gained 1.6 percent, but South Korea came out tops with a whopping 4.7 percent advance.