European shares rose on Tuesday to distance themselves further from a 3-1/2 month low hit during the previous session, aided by auto stocks which gained on broker recommendations. Stocks rebounded toward the end of the day’s session amid recovering investor sentiment worldwide. The STOXX 600 rose 0.59%, with Germany’s DAX adding 1.51%, while the FTSE 100 gained 0.41%. The CAC added 0.51%.
U.S. stocks posted their best day in five months Tuesday, rebounding sharply from recent declines after Federal Reserve officials hinted the central bank could lower interest rates if the economy slows in response to escalating tariffs. Stocks climbed to start the day then rose steadily before a late-session surge put the Dow Jones Industrial Average up more than 500 points. The Dow Jones Industrial Average rose 512.4 points, or 2.06%, to end at 25,332.18, while the S&P 500 closed 58.82 points higher, or 2.14%, to 2,803.27. The Nasdaq Composite Index rallied 194.10 points, or 2.65%, to 7,527.12.
The day marked the best single-day performance for markets since Jan. 4, when the Dow rose 3.3%, the S&P 500 gained 3.4% and the Nasdaq jumped 4.3%.
Oil prices ended as much as 1% higher on Tuesday after a global stock market rally pulled Brent crude from a four-month low touched earlier in the session. Oil prices dipped into bear-market territory before recovering Tuesday amid jitters over the stability of the global economy. Brent futures gained 69 cents, or 1.1%, to settle at $61.97 a barrel. The global benchmark fell as low as $60.21 earlier in the session, its lowest since Jan. 29. U.S. West Texas Intermediate (WTI) crude rose 23 cents, or 0.4%, to $53.48, rising over a dollar from its session low.
Asian shares tracked Wall Street’s rally on Wednesday, after U.S. central bank comments pointed to increasing prospects of an interest rate cut, boosting investor sentiment and pushing the dollar lower. Japan’s Nikkei closed up 1.80%, while Hong Kong’s Hang Seng Index gained 0.50%. The Shanghai Composite was flat with a marginal loss of 0.03%. South Korea’s Kospi advanced 0.10%, and Australia’s ASX 200 closed up 0.41%.
European stock markets crept higher on Wednesday as defensive shares gained ground, but rising tensions between Italy and the European Commission over the country’s debt dampened sentiment. The markets finished higher today The STOXX 600 index gained 0.38%, rising for a third straight day. The CAC 40 is up 0.45% while London's FTSE 100 is up 0.08% and Germany's DAX is up 0.08%.
U.S. stocks ended solidly higher on Wednesday as investors battered by tariff threats took solace in rising expectations for easier monetary policy from the Federal Reserve. The Dow Jones Industrial Average gained 207.39 points, or 0.82%, to 25539.57 while the S&P 500 added 22.88 points, or 0.82%, to 2826.15 and the Nasdaq Composite rose 48.36 points, or 0.64%, to 7575.48.
U.S. crude futures sank into a bear market on Wednesday, falling more than 20% below their April peak, as the global-growth worries gripping financial markets were compounded by fears of a supply glut.Th efront-month July WTI crude fell $1.80, or 3.4%, to settle at $51.68 a barrel on the New York Mercantile Exchange. It settled 22% below its most recent high of $66.30 on April 23. Brent futures sank as low as $59.45, also its lowest since mid-January. Brent was down $1.34, or 2.1%, at $60.63.
Asia markets cautious as Trump presses Mexico on trade. The Shanghai Composite is down 0.53% while the Hang Seng is up 0.21%. The Nikkei 225 is up 0.27%. The Kospi has gained 0.10%. The ASX 200 is up 0.64%.
The SGX Nifty in Singapore Exchange is trading with a loss of 54.00 points or 0.45% at 12,027.00.
Our markets are likely to open flat-to-lower on today following mixed trend seen in other Asian markets.
Asian markets were in a mixed mood on today as fears the U.S. trade tussle with Mexico would further depress global growth, warred with wagers central banks would have to respond with fresh stimulus. The markets finished mixed. The Hang Seng gained 0.26%, while China's Shanghai Composite was off 1.17%. Shares in Japan were unchanged with the Nikkei 225 with a marginal los of 0.01%. The Kospi is up 0.10%. Teh ASX 200 gained 0.39%.
European shares rose on today morning, as expectations the European Central Bank will provide more stimulus for an ailing euro zone economy countered disappointment over the collapse of Renault-Nissan’s merger with Fiat-Chrysler. The pan-European STOXX 600 index is up 0.65%. The CAC 40 is up 0.76% while London's FTSE 100 is up 0.70% and Germany's DAX is up 0.56%.
U.S. equity-index futures advanced on today as the prospect of easier monetary policy continued to fuel a stock rebound. The appetite for risk was tempered, however, and government bonds also rose. At around 5:18 a.m. ET, Dow futures were up 76.00 points and indicated a positive open of around 83.43 points, while futures for the S&P 500 and Nasdaq also ticked higher 8.50 and 27.50 points respectively.