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Stock market
Why DJIA, S&P 500, and Nasdaq tripped from record highs?
December 10, 2020 08:45 PM AEDT| By Kunal SawhneySummary US stock markets failed to sustain the record high peaks on 9 December All three major stock indices including Dow Industrials, S&P 500, and Nasdaq ended in the negative territory A rout in the shares of heavyweight tech companies .....
FTSE 100 treads cautiously as the final Brexit deal talks progress
December 08, 2020 04:58 AM AEDT| By Team Kalkine MediaSummary France, the Netherlands, and Denmark have demanded tougher regulations on the UK mainly over the fishing rights as the EU and the UK hold talks for a post-Brexit trade deal The blue-chip stock index of the UK seems to be treading vigila.....
FTSE 100 at 6-month high as GBP touches 1-year peak; Nasdaq, S&P 500 hit records
December 04, 2020 09:07 PM AEDT| By Kunal SawhneySummary FTSE 100 closed at a 6-month high with GBP vs USD pair scaling a 12-month peak at the foreign exchange market The Nasdaq Composite and S&P 500 scaled their respective record peaks on Thursday UK stock markets overrode the.....
FTSE 100 turns flat over Brexit uncertainty, fading vaccine optimism, and a low services PMI
December 03, 2020 11:48 PM AEDT| By Team Kalkine MediaSummary UK stock market trades flat as Brexit trade agreement uncertainty weighs FTSE fails to sustain Covid-19 vaccine approval gains in the morning deals UK services PMI dropped to below 50 level for the first time since June 2020 UK st.....
Pires Investments (LON: PIRI) makes a big foray into cryptocurrency
December 03, 2020 06:19 PM AEDT| By Team Kalkine MediaSummary Pires Investments has entered into a share purchase agreement with DeTech Studio Ltd for 1,765 new ordinary shares representing 16 per cent of the latter’s equity value. The company has also entered into a YOP token agreement with.....
FTSE 100 leaps 12% in November, what’s expected in December?
December 01, 2020 08:21 PM AEDT| By Kunal SawhneyStock markets across the world from New York to London to Tokyo have witnessed a raging run in November with their respective stock indices registering sharp gains on the back of a number of issues mainly due to vaccine arrival optimism. Almost all s...
FTSE 100 On Track to Post Best Month Of 2020 So Far
December 01, 2020 02:09 AM AEDT| By Kunal SawhneyUK stock markets have witnessed a higher number of positive trading sessions in the present calendar year with the key stock index FTSE 100 on track to register the best month of the coronavirus pandemic-led 2020. The aftermath of coronavirus has kep...
S&P Global (NYSE: SPGI)-IHS Markit (NYSE: INFO) Deal: Key Things You Should Know
November 30, 2020 07:43 PM AEDT| By Hina ChowdharyManhattan-headquartered data-to-credit ratings provider S&P Global Inc (NYSE: SPGI) seems having inched closer towards acquiring the London-based data manager IHS Markit Ltd (NYSE: INFO) for about $44 billion, Wall Street Journal (WSJ) repo...
FTSE 100 Oscillates in Red as Government Announces Its New Covid-19 Rules
November 27, 2020 03:39 AM AEDT| By Hina ChowdharyUK stock markets traded in the negative territory after starting marginally higher on Thursday as the government announced its new rules for the upcoming days in wake of the pandemic. The headline index FTSE oscillated between a range of 6,412.65 and...
Why DJIA, S&P 500 Ended in Red A Day After Climbing to Record High
November 26, 2020 07:47 PM AEDT| By Hina ChowdharySummary US stock markets ended in red on Wednesday While Nasdaq Composite concluded on a positive footing, the main stock indices DJIA and S&P 500 closed marginally lower US stock markets ended in negative territory on Wednesda.....
US Market Surge, Dow Breaks the Historic High Level Of 30,000
November 25, 2020 06:35 PM AEDT| By Kunal SawhneyUS stock markets surged sharply to record highs on Tuesday with the Dow Jones Industrial Average breaking the historic level of 30,000 amid positive vaccine news, President-elect Joe Biden’s transition and optimism for a strong economic recover...
FTSE 100, FTSE 250 Jump 1% As Trump Agrees Biden Transition, Covid-19 Vaccine Optimism Supports Rally
November 25, 2020 12:38 AM AEDT| By Hina ChowdharyUK stock markets surged in the early morning trades on Tuesday, after US President Donald Trump agreed to start the Joe Biden’s transition. A rally was observed in the market today with the headline indices FTSE 100, FTSE 250,.....
FTSE 100 rises for third straight week: Royal Dutch Shell gains 7%, Unilever cracks 6%
November 22, 2020 02:16 AM AEDT| By Team Kalkine MediaSummary FTSE 100 has gained for the third consecutive week. The key index has advanced 14 per cent in November so far. Positive news around the Covid-19 vaccine has reinstated the hopes of a faster-than-expected recovery. UK stock markets .....
FTSE 100, DJIA gain over 1% as Moderna’s Covid-19 vaccine news triggers stock market rally
November 17, 2020 10:23 PM AEDT| By Kunal SawhneySummary The markets in London got a lift in the mid-morning trades after investors turned optimistic on the back of Moderna’s vaccine update Dow Jones Industrial Average started the day on a higher note with the index hitting a record hig.....
FTSE 100 scales 5-month high with 14% gain in trading 8 days as markets recover from Covid-19 crash
November 13, 2020 01:35 AM AEDT| By Hina ChowdharyThe UK stock markets have been largely rising from the last eight trading sessions recovering considerable losses realised due to the Covid-19 fears led crash in February-March. The benchmark FTSE 100 has advanced more than 14 per cent in th.....
What led FTSE 100 Extend Jubilation on Tuesday?
November 11, 2020 06:15 PM AEDT| By Kunal SawhneyUK stock markets went on to gain further momentum on Tuesday tracking the upbeat global markets with FTSE 100 rising nearly 2 per cent. Investors’ sentiments seemed to have received a major boost with the optimistic outcome of Phase 3.....
UK to sell its first green bonds from 2021
November 11, 2020 01:20 AM AEDT| By Kunal SawhneySummary Investors welcome the move saying it will help them in making informed decisions In line with the global trend, but critics say it is the bare minimum required .....
S&P 500 Futures Gain Over 1% As Biden Seals Victory in US Presidential Election
November 09, 2020 09:53 PM AEDT| By Team Kalkine MediaSummary It was markets’ first chance to react to US president-elect Joe Biden’s victory in 290 congressional constituencies Markets from New York to London to Tokyo saw an unusually high uptick Last week, S&P 500 registered a g.....
Ex-BHS Owner Dominic Chappell Gets 6-Year Jail for Tax Evasion
November 06, 2020 10:12 PM AEDT| By Hina ChowdharySummary Dominic Chappel, a British businessman and former racing driver has been convicted of defrauding the income tax authorities Mr Chappell has made as much as £2.2 million from the BHS deal Chappell has been convicted of swindling t.....
How is the US presidential election result going to impact UK stock markets?
November 04, 2020 09:35 PM AEDT| By Kunal SawhneySummary In the last two days, the stock markets have been largely skewed by the day-to-day progress in the US presidential election The FTSE 100 has consolidated the gains in the last two sessions with an upswing of nearly 4 per cent .....
AI on the Rise: A Look at Top AI Companies and Their Stocks