European stocks close sharply lower on trade worries; Royal Mail plunges to record low
Thursday, 23 May 2019 23:13 WIB |
MARKET UPDATE |Stoxx 600Indek stoxx europe 600SahamEropa
European markets closed sharply lower Thursday amid ongoing U.S.-China trade concerns.
The pan-European Stoxx 600 closed down by 1.4% to 373.79 with almost every sector in the red. All major bourses were in negative territory, with Britain's FTSE 100 down 1.4%, while Germany's DAX and France's CAC both fell around 1.8%.
Autos were among the worst-performing sectors in Europe, down by nearly 3%. This comes after renewed concerns over the trade relationship between the U.S. and China. German carmaker Daimler was the biggest loser in the sector, down almost 7%.
The U.S. has said it will impose trading restrictions on Chinese telecoms giant Huawei from August 19. Of the $70 billion Huawei spent buying components in 2018, some $11 billion went to U.S. firms including Qualcomm, Intel and Micron Technology.
Source : CNBC
Tuesday, 22 October 2019 20:57 WIB
U.S. stocks mostly edged higher at the start of trade Tuesday as investors parsed a bevy of third-quarter earnings reports and continued to monitor developments in U.S.-China trade negotiations.
The Dow Jones Industrial Average fell about 5 points, or less than 0.1% to 26,824, the S&P 500 index...
Tuesday, 22 October 2019 16:43 WIB
U.S. stock index futures turned slightly lower on Tuesday morning.
At around 05:30 a.m. ET, Dow futures dipped 22 points, indicating a negative open of more than 8 points. Futures on the S&P and Nasdaq were both slightly lower.
Market focus is largely attuned to global trade developments after...
Tuesday, 22 October 2019 15:40 WIB
Hong Kong stocks finished on a positive note Tuesday, tracking gains on Wall Street thanks to growing hopes that China and the US will hammer out the first phase of their trade pact by next month.
The Hang Seng Index rose 0.23 percent, or 60.52 points, to 26,786.20.
The benchmark Shanghai Composit...
Tuesday, 22 October 2019 14:42 WIB
China stocks recouped earlier losses to end higher on Tuesday, bolstered by tech firms as investors cheered their solid earnings as Beijing seeks to support the sector amid a bruising trade war.
The blue-chip CSI300 index rose 0.4%, to 3,895.88, while the Shanghai Composite Index added 0.5% to 2,95...
Tuesday, 22 October 2019 14:22 WIB
European markets opened flat on Tuesday morning as U.K. lawmakers gear up to debate Prime Minister Boris Johnson's EU Withdrawal Agreement Bill, while traders also track big name corporate earnings.
The pan-European Stoxx 600 hovered around the flatline at 394.08 in early trade, with insurance and ...