International News
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US close: Tech rally drives gains as S&P 500 nears record high
Monday 08 Jan 2024
(Sharecast News) - Huge gains from tech stocks and falling oil prices and bond yields ignited stocks on Monday, with the S&P 500 coming within 36 points of its all-time closing high. Read More
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Europe close: Stocks rise despite mixed data, geopolitics
Monday 08 Jan 2024
(Sharecast News) - European shares advanced at the start of the week even after it was announced that eurozone retail sales fell and as investors fretted about the Israel-Hamas war escalating into a w... Read More
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FAA grounds 171 Boeing 737 Max 9s
Monday 08 Jan 2024
(Sharecast News) - Aircraft manufacturer Boeing shares were in free fall early on Monday after the US aviation watchdog said 171 Boeing 737 Max 9 planes would remain grounded until it was satisfied th... Read More
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US open: Boeing losses weigh on Dow
Monday 08 Jan 2024
(Sharecast News) - Wall Street trading got off to a mixed start on Monday after major indices started the new year off by snapping their nine-week winning streak. Read More
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Johnson & Johnson to buy Ambrx for $2bn
Monday 08 Jan 2024
(Sharecast News) - Johnson & Johnson said on Monday that it has agreed to buy clinical-stage biopharmaceutical company Ambrx for around $2bn. Read More
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US pre-open: Futures mixed as major indices snap nine-week winning streak
Monday 08 Jan 2024
(Sharecast News) - Wall Street futures were mixed prior to the open on Monday after major indices started the new year off by snapping their nine-week winning streak. Read More
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Euro Area retail sales unexpectedly fall in November
Monday 08 Jan 2024
(Sharecast News) - Eurozone retail sales fell 0.3% in November, according to Eurostat, cutting into October's upwardly revised 0.4% jump and marking the sharpest decline in retail volume since August. Read More
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Shares slump after Evergrande executive detained
Monday 08 Jan 2024
(Sharecast News) - Shares in a key China Evergrande Group subsidiary slumped on Monday, after a senior executive was detained by police. Read More
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Eurozone consumer confidence hits 22-month high in December
Monday 08 Jan 2024
(Sharecast News) - Consumer confidence in the eurozone was revised to a 22-month high in December, according to the final estimates of a survey released on Monday by the European Commission. Read More
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Asia report: Hong Kong leads losses after collapse of Zhongzhi shadow bank
Monday 08 Jan 2024
(Sharecast News) - Hong Kong led the losses in the Asia-Pacific markets on Monday, followed by mainland China, as investors reacted to the liquidation of Chinese shadow bank Zhongzhi late on Friday. Read More
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German trade surplus expands as exports jump in November
Monday 08 Jan 2024
(Sharecast News) - Germany's trade balance jumped in November after a huge rise in monthly exports smashed economists' expectations. Read More
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Merck in talks to buy Harpoon Therapeutics for about $700m - report
Monday 08 Jan 2024
(Sharecast News) - Merck & Co is reportedly in advanced talks to buy cancer drugmaker Harpoon Therapeutics for about $700m. Read More
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German factory orders edge higher but miss forecasts
Monday 08 Jan 2024
(Sharecast News) - Factory orders in Germany increased by less than expected in November,, according to provisional figures released on Monday by the Federal Statistical Office, Destatis. Read More
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Europe close: Shares lower on EZ CPI jump, weak German retail sales
Friday 05 Jan 2024
(Sharecast News) - European shares pared losses at the close on Friday as investors digested a weaker-than-expected rise eurozone inflation, weaker Germany retail sales numbers and the impact of an an... Read More
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ISM US services PMI unexpectedly falls in December
Friday 05 Jan 2024
(Sharecast News) - The Institute for Supply Management's services PMI unexpectedly fell to 50.6 in December, the lowest reading seen in seven months, down from both 52.7 in November and expectations f... Read More
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Tesla to recall 1.6m cars in China over driver-assistance issue
Friday 05 Jan 2024
(Sharecast News) - Tesla is being forced by state regulators in China to "recall" 1.6m cars to fix its driver-assistance technology - another blow to Elon Musk after Chinese rival BYD recently overtoo... Read More
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US open: Dow higher as investors digest NFP data
Friday 05 Jan 2024
(Sharecast News) - Wall Street stocks were in the green at the open on Friday as investors digested key labour market data later. Read More
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US economy adds 216,000 jobs in December 2023
Friday 05 Jan 2024
(Sharecast News) - The US economy added 216,000 jobs in December, according to the Bureau of Labor Statistics, up from November's downwardly revised print of 173,000 and well ahead of market forecasts... Read More
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US pre-open: Futures lower ahead of NFP data
Friday 05 Jan 2024
(Sharecast News) - Wall Street futures were in the red ahead of the bell on Friday as investors awaited the release of key labour market data later in the day. Read More
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Eurozone inflation rises less than expected in December
Friday 05 Jan 2024
(Sharecast News) - Inflation in the eurozone accelerated in December, according to Eurostat on Friday, but by less than expected, reinforcing expectations that the European Central Bank will soon move... Read More
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