Market Overview - Page 144

The rivalry between the U.S. and China is likely to persist for some time after both countries set demands for each other that are “unreachable,” a political analyst told CNBC on Tuesday. Comments by Scott Kennedy of Washington D.C.-based think.

Shares in Asia-Pacific were mixed in Tuesday trade as several major Chinese tech stocks in Hong Kong remained under pressure following a tumble on Monday. The broader Hang Seng index in Hong Kong fell 2.59% in afternoon trade, seeing further.

Stock futures slipped after the major averages finished the previous session at record closing highs and ahead of a busy week of earnings reports from technology’s heaviest hitters. Dow Jones Industrial Average futures declined 157 points. S&P 500 and Nasdaq.

Ramping up investment in policies and technologies to tackle climate change could play a significant role in the global economy’s recovery from the coronavirus pandemic. In a recent note, Charles Dumas, chief economist at U.K.-based investment research firm TS Lombard,.

Low-cost airline Ryanair said Monday that it’s still facing a “challenging” environment and that it might finish the fiscal year “somewhere between a small loss and breakeven” as Covid-19 restrictions linger. The Irish firm reported a 273 million euro ($322.

Shares in Hong Kong dropped sharply in Monday afternoon trade, as Chinese tech and education stocks plunged on regulatory pressure and a summit between China and the United States got off to an acrimonious start. The broader Asia-Pacific markets were.

The US markets closed Thursday with a slight rise of 0.2% in the S&P500. Asian markets showed mixed dynamics on Friday morning. The currency market also has a mixed performance, which, however, has several warning signs. A so-called golden cross.

The Bank of Russia may increase interest rates by the most since the ruble crisis in 2014 as it struggles to contain surging inflation. Annual inflation has risen to a five-year high of 6.5% and inflation expectations have jumped, setting.

U.K. retail sales surged unexpectedly in June as consumers spent more in grocery stores to celebrate European championship soccer, adding momentum to the economic recovery. The volume of goods sold in shops and online rose 0.5% from the month before,.

The European Central Bank on Thursday held monetary policy steady, but tweaked its guidance to reflect its recently-hiked inflation target. The ECB has committed to purchasing 1.85 trillion euros ($2.2 trillion) of bonds until March 2022 as part of its.

Stock futures edged slightly higher in overnight trading after a rise in technology stocks boosted the Nasdaq Composite to its third-straight positive day on Thursday. Futures on the Dow Jones Industrial Average gained 52 points, or 0.15%. S&P 500 futures.

The delta Covid variant is one of the most infectious respiratory diseases ever seen by scientists, the director of the Centers for Disease Control and Prevention said Thursday. The variant is highly contagious, largely because people infected with the delta.