Connect with us


Stock market: Global stocks mixed after Wall St surge, Japanese trade weakness





Global equity markets were mixed on Wednesday after Wall Street advanced on strong corporate earnings and Japanese exports weakened.

London and Shanghai fell while Tokyo and Frankfurt advanced. The future of Wall Street’s benchmark S&P 500 was below 0.1% after five days of gains.

“Market sentiment remains decidedly positive,” Oanda’s Jeffrey Halley said in a report.

Investors have been watching for inflation updates from Britain and some other European governments, fearing central banks will feel pressure to raise interest rates sooner than expected or cancel stimulus measures .

In early trading, the London FTSE 100 lost less than 0.1% to 7,210.74. The Frankfurt DAX rose 0.2% to 15,552.62 while the Paris CAC 40 fell less than 0.1% to 6,667.52.

On Wall Street, the future of the Dow Jones Industrial Average was up less than 0.1%.

On Tuesday, the S&P 500 rose 0.7% to fall within 0.4% of its all-time high on September 2. The Dow Jones and the Nasdaq rose less than 0.1%.

The Nikkei 225 in Tokyo gained 0.1% to 29,255.55 after government data showed September’s exports fell 3.9% from the previous month.

Seoul’s Kospi lost 0.5% to 3,013.13 while Sydney’s S & P-ASX 200 was up 0.5% to 7,413.70.

The Indian Sensex opened less than 0.4% higher at 61,469.75. New Zealand and Bangkok advanced while Singapore declined.

Wall Street’s gains on Tuesday were propelled by tech and healthcare stocks.

Johnson & Johnson, the largest maker of health care products, rose 2.3% after posting strong quarterly earnings and raising its profit guidance for the year.

Apple Inc. rose 1.5% and software maker Adobe 2.1%.

Investors fear that disruptions to manufacturing and shipping supply chains from the coronavirus pandemic will lower corporate profits or push up inflation.

Procter & Gamble fell 1.2% after announcing it would raise prices amid rising raw material and freight costs.

Overall, analysts polled by FactSet are forecasting 30% earnings growth for the S&P 500, up from 23% in June.

Soaring energy prices are raising concerns that tight supply could dampen economic recovery.

Also on Tuesday, the Commerce Department reported that US homebuilding fell 1.6% in September. Beazer Homes fell 2.7% and Hovnanian Enterprises fell 3%.

In energy markets, benchmark US crude fell 80 cents to $ 81.64 a barrel in electronic trading on the New York Mercantile Exchange. Brent crude, the basis of international oil prices, fell 82 cents to $ 84.26 a barrel in London.

The dollar rose to 114.35 yen from 114.31 yen on Tuesday. The euro fell to $ 1.1628 from $ 1.1640.




The mention sources can contact us to remove/changing this article

What Are The Main Benefits Of Comparing Car Insurance Quotes Online

LOS ANGELES, CA / ACCESSWIRE / June 24, 2020, / Compare-autoinsurance.Org has launched a new blog post that presents the main benefits of comparing multiple car insurance quotes. For more info and free online quotes, please visit https://compare-autoinsurance.Org/the-advantages-of-comparing-prices-with-car-insurance-quotes-online/ The modern society has numerous technological advantages. One important advantage is the speed at which information is sent and received. With the help of the internet, the shopping habits of many persons have drastically changed. The car insurance industry hasn't remained untouched by these changes. On the internet, drivers can compare insurance prices and find out which sellers have the best offers. View photos The advantages of comparing online car insurance quotes are the following: Online quotes can be obtained from anywhere and at any time. Unlike physical insurance agencies, websites don't have a specific schedule and they are available at any time. Drivers that have busy working schedules, can compare quotes from anywhere and at any time, even at midnight. Multiple choices. Almost all insurance providers, no matter if they are well-known brands or just local insurers, have an online presence. Online quotes will allow policyholders the chance to discover multiple insurance companies and check their prices. Drivers are no longer required to get quotes from just a few known insurance companies. Also, local and regional insurers can provide lower insurance rates for the same services. Accurate insurance estimates. Online quotes can only be accurate if the customers provide accurate and real info about their car models and driving history. Lying about past driving incidents can make the price estimates to be lower, but when dealing with an insurance company lying to them is useless. Usually, insurance companies will do research about a potential customer before granting him coverage. Online quotes can be sorted easily. Although drivers are recommended to not choose a policy just based on its price, drivers can easily sort quotes by insurance price. Using brokerage websites will allow drivers to get quotes from multiple insurers, thus making the comparison faster and easier. For additional info, money-saving tips, and free car insurance quotes, visit https://compare-autoinsurance.Org/ Compare-autoinsurance.Org is an online provider of life, home, health, and auto insurance quotes. This website is unique because it does not simply stick to one kind of insurance provider, but brings the clients the best deals from many different online insurance carriers. In this way, clients have access to offers from multiple carriers all in one place: this website. On this site, customers have access to quotes for insurance plans from various agencies, such as local or nationwide agencies, brand names insurance companies, etc. "Online quotes can easily help drivers obtain better car insurance deals. All they have to do is to complete an online form with accurate and real info, then compare prices", said Russell Rabichev, Marketing Director of Internet Marketing Company. CONTACT: Company Name: Internet Marketing CompanyPerson for contact Name: Gurgu CPhone Number: (818) 359-3898Email: [email protected]: https://compare-autoinsurance.Org/ SOURCE: Compare-autoinsurance.Org View source version on accesswire.Com:https://www.Accesswire.Com/595055/What-Are-The-Main-Benefits-Of-Comparing-Car-Insurance-Quotes-Online View photos


to request, modification Contact us at Here or [email protected]