European shares rose for a second day on Thursday, as investors took heart from a stronger-than-expected rebound in Chinese exports and steadying of the yuan after a week of turmoil sparked by an escalation in U.S.-China trade tensions. The markets closed sharply higher. The CAC 40 is up 2.31% while Germany's DAX is up 1.68% and London's FTSE 100 is up 1.21%. The pan-European STOXX 600 index is up 1.66%. The CAC 40 is up 2.31% while Germany's DAX is up 1.68% and London's FTSE 100 is up 1.21%.
U.S. stock benchmarks on Thursday finished at or near the best levels of the session — helping the S&P 500 and Nasdaq indexes turn positive for the week — as jitters over a potential trade and currency clash between Beijing and Washington gave way to greed for beaten-down assets.The Dow Jones Industrial Average rose 371.12 points, or 1.43% to 26,378.19, the S&P 500 index climbed 54.11 points, or 1.88%, to close at 2,938.09. Meanwhile, the Nasdaq Composite Index climbed 176.33 points to finish at 8,039.16, a rise of 2.2%
Oil jumped more than $1 per barrel on Thursday on expectations that falling prices could lead to production cuts, coupled with a steadying of the yuan currency after a week of turmoil spurred by an escalation in U.S.-China trade tensions. Brent crude was up $1.215 or 2.05% at $57.38 a barrel, after hitting a session high of $58.01. U.S. West Texas Intermediate (WTI) crude futures settled up $1.45 per barrel at $52.54, 2.84% higher.
Asian shares caught the tail of a Wall Street rally on today, helped by China’s better-than-expected export figures but fresh concerns about Sino-U.S. trade ties are likely to limit gains in the region. Japan’s Nikkei average 225advanced 0.65%. The Chinese Shanghai Composite is up 0.33% while the Hongkong Hang Seng is up 0.33% Australian stocks ASX 200 is up 0.13%% and South Korean stocks Kospi gained 1.32%.
SGX Nifty Futures in Singapore Exchange is traidng 10.5 points or 0.09% up t 11,081.50
SGX Nifty Futues in Singapore is trading with a loss of 14.00 poits or 0.13% at 11,057.00
Our Markets are likely to open open flat-to-lower on today following the mixed trend observed in the Asian Markets. Further, trends on SGX Nifty indicate a flat to negative opening for the broader indexs.
Asian markets have turned mixed during the day as Chinese and Hong Kong shares fall. The Shanghai Composite is off 0.32% while the Hang Seng is down 0.21%. The Nikkei 225 is up 0.74%. Teh Kospi is up 1.15%. The ASX 200 is up 0.24%.
Stocks in Asia Pacific are mixed today morning, as China released data showing that food inflation soared in July. Meanwhile, Japan’s economy grew more than expected in the quarter ending June. Mainland Chinese and Hong Kong stocks declined after trading higher when markets first opened. Markets in Singapore and Taiwan are closed on today.
U.S. stock index futures fell on a report that the White House is holding off on a decision about licenses for U.S. companies to restart business with Huawei Technologies Co. S&P 500 Index futures contracts expiring in September dropped 0.48% as of 11;51 p m. E T . The Nasdaq 100 fell 0.64% . The Dow Jones Industrial Average fell 0.38%.
Asian markets closed mixed in early trading Friday after Japan’s GDP grew, but so did China’s inflation.. The Nikkei 225 gained 0.44%, while the Shanghai Composite led the Hang Seng lower. They fell 0.71% and 0.69% respectively. The Kospi is up 0.89%. The ASX 200 gain 0.25%.
European stocks are trading lower today morning as investors monitor trade war developments and a possible collapse of the Italian government. The pan-EuropeanStoxx 600 slip 0.42% .The CAC 40 is down 0.77% while Germany's DAX is off 0.73% and London's FTSE 100 is lower by 0.19%.
U.S Stock futures are lower Friday morning as investors continued to monitor U.S.-China trade relations and movements in the bond markets. At around 05:38 a.m. ET, Dow futures fell 120 points, indicating a negative open of more than 100.19 points. Futures on the S& P 500 and Nasdaq ae also lower 16.00 and 57.00 points respectively.