European stocks closed mixed Thursday as the European Central Bank revised its forward guidance in its latest policy decision. he pan-European STOXX 600closed provisionally just below the flatline with a lossmof 0.02%. The FTSE 100 gained 0.55%, while the CAC 40 led the DAX lower. They fell 0.26% and 0.23% respectively.
Wall Street’s main indexes added to gains in a choppy session on Thursday, as investors showed some optimism on trade after Bloomberg reported that the United States is considering delaying imposing tariffs on Mexican imports. The Dow Jones Industrial Average advanced for a fourth consecutive session , buoyed by supportive commentary from global central banks that helped shore up investor confidence earlier this week. The blue-chip index Dow climbed 181.09 points, or 0.71%, to 25720.66. The S&P 500 rose 17.34, or 0.61%, to 2843.49, and the tech-heavy Nasdaq Composite added 40.08, or 0.51%, 7615.55. All three major indexes are up at least 2.2% this week, and the Dow is on pace to snap a six-week losing streak.
Oil prices jumped more than 3% on Thursday, reversing course after falling to near five-month lows in the previous session, following a report that the United States could postpone tariffs on Mexico. U.S West Texas Intermediate Crude futures settled 91 cents higher at $52.51 per barrel, posting a 1.8% gain on the day. WTI was last trading up $1.50, or 2.9%, at $53.18 after the settlement. International benchmark Brent Crude futures rose $1.04, or 1.7%, at $61.67 a barrel on Thursday. Brent also extended gains after its settlement and was last up $1.67, or 2.8%, at $62.30 per barrel.
Asian share markets dithered on today morning as investors waited for concrete signs of progress in the U.S.-Mexican trade standoff, while bracing for a U.S. jobs report that could sway the course of interest rates there. The markets are trading mixed. Greater China region struggled for gains. The Nikkei 225 gained 0.50% and the Hang Seng rose 0.26%. The Shanghai Composite lost 1.17%. The ASX 200 is up 0.47%. South Korea is up 0.49%.
SGX Nifty Futures in Singapore Exchange is trading with a loss of 16.00 points or 0.13% at 11,868.00.
Markets in China and Hong Kong are closed on Friday for a holiday.Markets in China and Hong Kong are closed on today for a holiday.
Our Markets are likely to open flat-to-lower on today following muted trend seen in other Asian markets.
Asian shares were slightly higher on today on expectations global central banks will soon embark on an easing cycle in the face of international trade frictions and fears of a world recession. The Nikkei 225 gained 0.53%. Australia’s benchmark index climbed 0.95% while South Korea’s Kospi added 0.16%. The liquidity was light during Asian trading as China and Hong Kong markets were shut for a public holiday.
European stocks were on course to notch their best weekly performance in two months on today morning as investors digested the latest news surrounding trade and the global economy.. The pan-regional STOXX 600 index raise 0.79%. The CAC 40 is up 1.38% while London's FTSE 100 is up 0.75% and Germany's DAX is up 0.77%.
U.S. stock futures are higher today as Wall Street looks set for a fifth straight day of gains, amid hopes of progress on trade talks between the U.S. and Mexico. At around 5.38 a.m. ET, Dow futures are up 7200 points and indicated a positive open of around 89.34 points, while the S&P 500 and Nasdaq also gained 8,79 and 29.00 poins respectively.