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Archive Europe Markets

  • *Trump legislative failures, valuations worry Wall Street. Concerns over President Donald Trump's ability to push through the pro-growth measures financial investors had expected at the start of this year were at the heart of a second daily 1 percent loss for Wall Street on Thursday. "With President Trumps support from both within and outside of the White...

  • LONDON, Aug 18- European travel stocks fell sharply in early trading on Friday after a deadly attack in tourist hotspot Barcelona, with investors also increasingly concerned the Trump administration was fraying at the seams. As a global sell-off spread, the pan-European STOXX 600 was down 0.9 percent by 0725 GMT, with blue-chips down 1 percent, following falls...

  • BENGALURU, Aug 18- Gold rose for a third day on Friday amid weaker Asian stocks, with some investors gravitating towards safe-haven assets on political uncertainty in the United States and after a terrorist attack in Spain killed 13 people. Markets were further shaken as Spain mounted a sweeping anti-terror operation on Friday after a suspected Islamist...

  • *Wall Street logs losses as U.S. political woes rattle investors. TOKYO, Aug 18- Japanese stocks fell to 3-1/ 2- month lows on Friday and posted a fifth weekly drop, hit by losses on Wall Street and a weaker dollar as doubts grow over whether President Donald Trump will be able to push through policies to boost U.S. economic growth. An attack in Spain added to the...

  • HONG KONG— Asian stocks sank Friday as global investor sentiment was battered by big losses on Wall Street amid U.S. political turmoil and a deadly van attack in Spain. KEEPING SCORE: Japan's benchmark Nikkei 225 index lost 1.2 percent to 19,468.05 and South Korea's Kospi shed 0.2 percent to 2,358.14. Network equipment maker Cisco Systems and data storage...

  • SHANGHAI, Aug 18- China stocks fell on Friday morning, as basic materials producers- which recently enjoyed major gains- are now getting hit by profit-taking, even when they have announced strong earnings. China CSI300 stock index futures for August rose 0.1 percent, to 3,717.4, 1.90 points above the current value of the underlying index. "The market is relatively...

  • TOKYO, Aug 18- Japanese government bond prices were steady to a touch firmer on Friday with the market underpinned after gains by U.S. A drop in Tokyo shares, with the Nikkei hitting a three-month low on weaker Wall Street and stronger yen, also supported JGBs. Treasury prices rose on Thursday as investors, unnerved by a deadly attack in Barcelona and speculation...

  • *Asia ex- Japan, Nikkei drop as risk aversion reigns. SINGAPORE, Aug 18- Asian stock investors joined a global retreat from riskier assets on Friday and the dollar wavered on growing doubts about U.S. MSCI's broadest index of Asia-Pacific shares outside Japan dropped 0.5 percent in early trade, but still looked set to gain 1.4 percent for the week after tensions...

  • *Gary Cohn resignation rumors knocked down. *Barcelona incident adds to investor worries. The index dropped 1.4 percent last Thursday, as concern over a possible conflict between the United States and North Korea hit the market.

  • *Gary Cohn resignation rumors knocked down. *Barcelona incident adds to investor worries. The index dropped 1.4 percent last Thursday, as concern over a possible conflict between the United States and North Korea hit the market.

  • *Barcelona attack viewed as terrorism; 13 dead. Adding to investor concerns was news that a van had slammed into crowds in the Spanish city of Barcelona, killing 13 people, according to media reports, in an attack police were treating as terrorism. Treasury yields fell on worries Trump will be unable to deliver on campaign promises such as tax reform, even as the...

  • TORONTO, Aug 17- Canada's main stock index retreated on Thursday for a third straight day as U.S. political worries weighed on sentiment and a pullback in some base-metal prices drove down the materials group. The TSX is taking its cue from U.S. markets, said Paul Taylor, chief investment officer of fundamental equities at BMO Asset Management Inc. "It is a market...

  • *Barcelona attack treated as terrorism; 13 said killed. Adding to investor concerns was news that a van had slammed into crowds in the Spanish city of Barcelona, killing 13 people, according to media reports, in an attack police were treating as a terrorism. Treasury yields fell on worries Trump will be unable to deliver on campaign promises such as tax reform, even...

  • *Gary Cohn resignation rumors knocked down. A White House official later said Cohn intends to remain in his position, but after a short respite, the market continued to sell off and was at session lows in late afternoon trading. With valuation levels considered high, investors may be more prone to sell, said Stephen Massocca, senior vice president, Wedbush...

  • *Gary Cohn resignation rumors knocked down. Aug 17- U.S stocks hit session lows in early afternoon trading on Thursday as investors worried about President Donald Trump's ability to pursue his pro-growth policies. "The concern would be if Gary Cohn would decide that if he needs to take a safe step that a lot of CEOs did, it will be very difficult to move forward with...

  • *Washington turmoil affects U.S. stocks. *Van crash in Barcelona adds to worries. President Donald Trump will be able to implement his economic plans even as the White House knocked down speculation that Gary Cohn, director of the National Economic Council, would resign.

  • NEW YORK— Here's how much hope and expectation has been built into the stock market: Big companies are healthy and making fatter profits than Wall Street expected, yet it's barely enough to keep the market from falling. Home Depot at the same time raised its profit forecast for this year and reported higher revenue than Wall Street forecast, all of which should be...

  • LONDON, Aug 17- European shares broke their three-day winning streak on Thursday as banks fell following a set of cautious minutes from the U.S. Britain's FTSE 100 fell 0.6 percent, and Germany's DAX dropped 0.5 percent. Societe Generale, Credit Agricole and BNP Paribas were the top drags on France's CAC, down 1.6 to 2.3 percent.

  • The Jordan- based firm, which makes and markets branded and non-branded generic and injectable drugs, said it now expected 2017 revenue to be about $2 billion, at the lower end of its previous forecast of $2 billion- $2.1 billion. The company had already cut its full-year guidance in May to the range of $2 billion- $2.1 billion at constant currency from $2.2 billion.

  • LONDON, Aug 17- Global stocks fell on Thursday as investors trimmed their exposure to riskier assets after central bank minutes revealed a wary take on the economic outlook from ratesetters on both sides of the Atlantic. The European Central Bank expressed caution about removing monetary stimulus too soon following a recent bounce in the euro, the record of...