- Analytics
- News and Tools
- Market News
- Global Stocks
Global Stocks
European stocks on Wednesday closed a topsy-turvy session at a two-month low, with the euro pulled lower intraday while the pound leapt as investors reassessed policy stances at both the European Central Bank and the Bank of England. Major European benchmarks turned modestly higher as the euro declined, but many of them eventually settled slightly in the red.
A rally by financial and technology stocks on Wednesday helped lift U.S. equity indexes, with the S&P 500 posting its largest one-day gain in two months while Nasdaq Composite recorded its best day in eight months. The large-cap index has been somewhat "fickle" this month with three of this year's biggest gains and two of its worst losses having occurred in June, according to Frank Cappelleri, executive director of Instinet.
Equity markets in Asia were higher early Thursday, with finance stocks broadly leading gains after all major U.S. financial institutions received approval from the Federal Reserve to ramp up dividend payouts and share buybacks. The approvals - the first time since the annual tests began in 2011 that all firms got passing grades - reflect a turning point for big financial institutions that have been shackled by tighter regulation since the crisis.
© 2000-2024. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.
Bank transfers
