European stock markets closed higher on Tuesday as investors awaited the first flood of second quarter earnings releases. The pan-European stocks benchmark STOXX 600 is up 0.35%. The CAC 40 is up 0.65% while London's FTSE 100 is up 0.60% and Germany's DAX is up 0.35%.
U.S. stock indexes closed lower on Tuesday as results from Wall Street’s big lenders rekindled concerns about banks coming under pressure to boost profits when the Federal Reserve is seen cutting interest rates as early as this month. The S&P 500 fell 10.26 points, or 0.34%, to 3004.04. The Dow Jones Industrial Average lost 23.53 points, or 0.09%, to 27335.63. The Nasdaq Composite slipped 35.39 points, 0.43%, to 8222.80.
Oil prices turned lower on Tuesday, falling more than 3% after U.S. President Donald Trump said progress has been made with Iran, signalling tensions could ease in the Mideast. Brent crude futures fell $2.13 a barrel, or 3.20%, to settle at $64.35. The international benchmark hit a session high of $67.09 earlier in the day. West Texas Intermediate crude futures ettled at $57.62 a barrel, down $1.96, or 3.3%. The U.S. benchmark hit a session high of $60.06 early in the trading day.
Stocks in Asia mostly slipped in today morning trade following overnight developments on the US-China trade front. The Shanghai Composite is off 0.08% while the Hang Seng is down 0.39%. The Nikkei 225 is down 0.40%. The Kospi is off 0.94%. The ASX 200 is up 0.34%.
The SGX Nifty Futues in Singapore Exchange is trading 9.00 points or 0.16% lower at 11,628.00
Our Markets are expected open to flat to negative on today following weak sentiment in other Asian markets after a poor performong at Wall Street.
European shares are lower in early trading on today as investors parsed through a mixed bag of corporate results, with rising Brexit uncertainty and trade tensions limiting the gains. The pan-European stocks benchmark is flat with a gain of 0.01%. The FTSE 100 is down 0.17% while France's CAC 40 is off 0.07% and Germany's DAX is lower by 0.06%.
Asian shares drifted off on today as anxious investors awaited more earnings reports from corporate America, while the dollar held firm in the wake of robust U.S. retail data and a Brexit-driven dive in the pound. The markets finished lower with shares in Japan leading the region. The Nikkei 225 is down 0.31% while Hong Kong's Hang Seng is off 0.09% and China's Shanghai Composite is lower by 0.20%. TheKospi is off 0.91%. The ASX 200 gain 0.49%.
Stocks in Japan were the biggest losers among major markets in the region on Thursday, with the other Asian bourses following suit, amid a renewed threat to trade. . The Nikkei 225 is down 1.97% while China's Shanghai Composite is off 1.04% and Hong Kong's Hang Seng is lower by 0.46%. The Kospi decline 0.31%. The ASX 200 is off 0.36%.