European stocks close lower amid earnings, trade uncertainty; Asos down 20%
Thursday, 18 July 2019 23:23 WIB |
MARKET UPDATE |Indeks Stoxx Europe 600Saham Eropa
European stocks closed lower on Thursday as investors digested fresh corporate results and kept an eye on global trade developments.
The pan-European Stoxx 600 was down 0.2% to 386.80 at the closing bell, with technology stocks trimming earlier losses to trade 1.4% lower on the back of German giant SAP™s slide. Health care stocks led gains with a 0.8% rise.
Novartis beat analyst expectations for the second quarter, reporting strong results and raising its guidance for the year, leading its shares 3% higher.
Swedish engineering company Indutrade plummeted 11% to the bottom of the Stoxx 600 after its earnings report, while compatriot Epiroc rose almost 6%.
Asos shares slumped more than 20.5% on Thursday after the British online fashion retailer issued its third profit warning in eight months.
Thursday, 5 December 2019 21:38 WIB
U.S. stocks opened higher Thursday after reports that trade talks with China were still on track and following positive data on the labor market.
The Dow Jones Industrial Average rose 55 points, 0.2%, to open near 27,704. The S&P 500 rose nearly 3 points, 0.1%, opening near 3,115. The Nasdaq op...
Thursday, 5 December 2019 16:33 WIB
U.S. stock index futures were slightly higher on Thursday.
At around 4:00 a.m., Dow futures rose 56 points, indicating a positive open of more than 49 points. Futures on the S&P and Nasdaq were both slightly higher.
Market focus is largely attuned to global trade developments, following a medi...
Thursday, 5 December 2019 15:41 WIB
European stocks moved higher Thursday morning as investors monitored U.S.-China trade, data releases and an OPEC meeting.
The pan-European Stoxx 600 was 0.3% higher with most sectors trading in the black. Household goods was among the top-performing sectors on reports that Kering is considering buy...
Thursday, 5 December 2019 15:29 WIB
Hong Kong stocks rose Thursday as trade hopes returned following a report saying US and Chinese officials were closing in on a mini deal.
The Hang Seng index added 0.59 percent, or 154.48 points, to 26,217.04.
The benchmark Shanghai Composite Index added 0.74 percent, or 21.35 points, to 2,899.47 ...
Thursday, 5 December 2019 14:53 WIB
Chinese shares rose on Thursday, lifted by renewed hopes that China and the United States may be closer to a œphase one trade deal to end a bitter tariff war that has dragged on since the middle of last year.
At the close, the Shanghai Composite index was up 0.74% at 2,899.47. It has gained 1....