New rate hike holds Wall Street back

After gains early in the day, the New York equities markets retreated on Tuesday after the US Federal Reserve raised interest rates once again, by 25 basis points to 4.75 percent. The statement that came along with the announcement of the hike, while hinting that the series of rate hikes might come to an end [...]
Wall Street mixed at mid-afternoon

The New York equities markets were mixed in mid-afternoon trading on Monday. While the telecommunications equipment sector helped the Nasdaq Composite add 0.2 percent to 2,316.74, both the Down Joines Industrial Average and the S&P 500 were down on the day. The Dow had lost 0.3 percent at mid-afternoon, to 11,248.67, while the S&P was [...]
Tokyo markets higher on real estate

The Tokyo equities markets saw gains on Monday, with the Nikkei 225 up 0.5 percent to 16,650.10 and the Topix index 0.3 percent higher at the close to 1,693.84. The real estate sector gained 1.1 percent as a whole, building on Friday’s gains after the release of a new survey on land prices in Japan. [...]
Slowing new home sales helps New York markets

The New York equities markets were mixed for the week, but new home sales data on Friday that raised hopes that interest rates might peak sooner than has been anticipated sent the indexes up on the day. The Dow Jones Industrial Average was up 0.3 for the day to 11,297.98, but only managed an 0.2 [...]
Eurofirst gains on pharm, telecoms

In Europe on Friday, the FTSE Eurofirst 300 was up 0.5 percent to 1,383.19. The day’s gain helped the Eurofirst to add 1 percent on the week. In the pharmaceuticals sector, Schering was up 4.6 percent on the week to €86.30 on an offer from Bayer that was higher than an earlier bid from Merck, [...]
FTSE 100 ends week above 6,000

The London equities markets were up on the day Friday and on the week as a whole, largely on substantial gains in the properties sector. The FTSE 100 was up 0.7 percent on Friday and gained 0.6 percent for the week as a whole to close at 6,036.3, the second time this week that it [...]
London markts down on retail, insurers

London equities markets were lower on Thursday as the FTSE 100 slipped back below the 6,000 level, closing down 0.3 percent to 5,990.1. The FTSE 250 dropped 0.1 percent to 9,865.6. Volume amounted to 3.8 billion shares traded. Miners were up on the day. Anglo American gained 3.1 percent to £20.78 after it announced that [...]
New York markets head lower

Wall Street was down at mid-session on Thursday as profit-taking and renewed worries about higher interest rates took their toll after new data showed that existing home sales in the US were up 5.2 percent in February. Higher crude oil prices also hurt buyer sentiment. By midday, the Dow Jones Industrial Average had dropped 0.4 [...]
Eurofirst declines for the first time in 2 weeks

In Europe on Thursday, the FTSE Eurofirst 300 dropped 0.1 percent on the day to close at 1,376.57, down for the first time on over two weeks of trading sessions. On the other hand, Frankfurt’s Xetra Dax gained 0.3 percent to 5,947.11 several German companies saw advances on the day. Utilities were down as merger [...]
Tokyo markets lower as securities, chipmakers decline

The Tokyo equities markets were down on Wednesday as investors took profits. The Nikkei 225 ended the day down by 0.8 percent to 16,495.48, while the Topix index was down 0.1 percent to 1,686.35. The semiconductor sector was down on the day after Microsoft announced that it is putting off the release of its new [...]