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Oil Extends Slide Amid Ample Supply
Oil prices traded lower for a third consecutive session on Thursday, with Brent crude and WTI reaching their lowest levels in four months, on signs of improved traffic through the Strait of Hormuz.
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70 days ago
European Shares Inch Higher Ahead Of US Jobs Data
European stocks were moving higher on Thursday as gains in defensive stocks offset the loss of momentum in the AI-driven tech rally.
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70 days ago
Asian Shares Decline As Tech Jitters Return To Haunt
Asian stocks retreated on Thursday as AI-related concerns triggered a sharp sell-off in semiconductor shares.
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70 days ago
European Shares Likely To Open On Firm Note Ahead Of U.S. Jobs Data
European stocks are seen opening flat to slightly higher on Thursday amid eased inflation and interest-rate concerns.
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70 days ago
Indian Shares Open Higher As IT Stocks Surge
Indian shares opened higher on Thursday despite weak cues from global markets.
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71 days ago
Australian Market Trims Early Losses In Mid-market
The Australian market is trimming its early losses in mid-market moves on Thursday, extending the losses in the previous two sessions, following the broadly negative cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling well below the 8,750 level, with weakness in energy stocks and a mixed performance in iron ore miners and technology stocks.
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71 days ago
Asian Markets Trade Mixed
Asian markets are mixed on Thursday, following the negative cues from Wall Street overnight, as tumbling crude prices and AI-related concerns triggered a sharp sell-off in energy and technology stocks, respectively. Markets cheered positive comments from US Fed Chair Kevin Warsh that inflation risks have eased in recent weeks while being determined to bring inflation back to the 2 percent target.
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71 days ago
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Indian Shares Seen Tad Higher At Open As Oil Extends Slide
Indian shares are seen opening a tad higher on Thursday as oil prices continued to fall in international markets on eased supply concerns.
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71 days ago
Thai Bourse May Be Stuck In Neutral On Thursday.
The Thai stock market on Wednesday snapped the two-day winning streak in which it had jumped almost 50 points or 3.2 percent. The Stock Exchange of Thailand now sits just beneath the 1,590-point plateau and it's expected to open in the red again on Thursday.
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71 days ago
Japanese Market Sharply Lower
The Japanese market is trading sharply lower on Thursday, snapping the three-session winning streak, following the broadly negative cues from Wall Street overnight. The Nikkei 225 is falling well below the 69,500 level, with weakness in technology stocks partially offset by gains in automakers and financial stocks.
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71 days ago
Renewed Selling Pressure Expected For Indonesia Shares
The Indonesia stock market on Wednesday ended the three-day slide in which it had tumbled more than 350 points or 5.8 percent. The Jakarta Composite Index now rests just shy of the 5,700-point plateau, although it may hand back those gains on Thursday.
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71 days ago
Australian Market Notably Lower
The Australian market is trading notably lower on Thursday, extending the losses in the previous two sessions, following the broadly negative cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling well below the 8,700 level, with weakness in energy stocks and a mixed performance in iron ore miners and technology stocks.
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71 days ago
Lower Open Anticipated For Hong Kong Stock Market
Ahead of Wednesday's holiday for Regional Establishment Day, the Hong Kong stock market had turned lower again, one day after ending the two-day slide in which it had given up more than 740 points or 3.5 percent. The Hang Seng Index now sits just above the 22.880-point plateau and it may extend its losses on Thursday.
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71 days ago
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