08312016Wed
Last update: Wed, 31 Aug 2016 09am

Markets - Equity

Markets - Equity - Americas

Wall St rises on financials, materials stocks NEW YORK: Financial and commodity-sector stocks led the S&P 500 higher in a low-volume session on Monday after consumer spending rose for a fourth straight month, pointing to a pick-up in US economic growth. The Dow Jones industrial average rose 107.59 points, or 0.58 percent, to 18,502.99, the S&P 500 gained 11.34 points, or 0.52 percent, to 2,180.38 and the Nasdaq Composite added 13.41 points, or 0.26 percent, to 5,232.33. Copyright Reuters, 2016


Markets - Equity - Americas

TSX gains muted by energy stocks; banks, miners shine TORONTO: Canada's main stock index rose on Monday, but by less than its US peers, as investors bet on rate hikes sooner south of the border and lower oil prices weighed on the commodity-rich TSX.Financial stocks were among the most influential gainers on the Toronto Stock Exchange's S&P/TSX composite index as investors took signals from US Federal Reserve policymakers including Chair Janet Yellen as evidence of economic resilience in Canada's main trading partner. The Canadian ...

Markets - Equity - Europe

US stocks rise on Fed rate hike talk PARIS: US shares rose Monday with investors' mood bouyed by hints from the US Federal Reserve of an interest rate hike because of strong growth.Elsewhere, traders seemed less certain, with most world stock markets dipping as they tried to second-guess the Fed's timing of its next rate rise.In a much-scrutinised speech, Fed chief Janet Yellen on Friday hinted at a US interest rate rise by the end of the year.Yellen said a pick-up in the ...

Markets - Equity - Middle East & Africa

MIDEAST STOCKS-Qatar outperforms, rest of region sluggish DUBAI: Qatar's stock market outperformed the Gulf on Monday as large-caps carried the index higher, but other bourses were little changed as a fresh slide in oil prices and a retreat in Asian share markets kept buyers away. Qatar's main index added 0.6 percent, taking its gains over the past month to 5.4 percent. Qatar National Bank rose 1.0 percent and petrochemical producer Industries Qatar climbed 2.5 percent. Both stocks are on a provisional list ...

Markets - Equity - Americas

TSX boosted by miners, banks; oil stocks weigh TORONTO: Canada's main stock index made slight gains in morning trading on Monday, with rises for banks and miners offsetting energy shares' declines as the price of oil pulled back. At 10:30 a.m. EDT (1430 GMT), the Toronto Stock Exchange's S&P/TSX composite index was up 24.26 points, or 0.17 percent, at 14,664.14. Six of the index's 10 main groups were higher, with advancers and decliners almost equally split overall. The most influential movers on the ...

Markets - Equity - Europe

European shares lower on US rate hike expectations, Alstom up MILAN: European shares fell on Monday as top Federal Reserve officials bolstered expectations for a US rate hike this year, while Alstom bucked the weaker trend after a contract win.The pan-European STOXX 600 index fell 0.2 percent, giving up some of the gains seen in the previous session, while a holiday closure of UK markets kept activity low.At the Fed's annual gathering for global central bankers on Friday, Fed Chair Janet Yellen said the case ...

Markets - Equity - Americas

US assets gain, European shares dip on Fed rate hike bets NEW YORK: US stock markets and the dollar climbed on Monday while European share markets fell, following comments by top Federal Reserve officials that bolstered expectations for an interest rate hike by the US central bank this year. Fed Chair Janet Yellen said on Friday the case for a rate increase was strengthening, but provided little detail on when the Fed would next move. Vice Chair Stanley Fischer suggested on CNBC that a rate hike ...