Tuesday , March 5 2024
Home / Tag Archives: nikkei

Tag Archives: nikkei

Japan’s Nikkei Closes Below 31,000 amid Middle East Turmoil

One of the most striking aspects of this market turmoil was the sharp increase in the Nikkei volatility index, which surged to 23.87, a level not seen in a long while. Japan’s Nikkei 225 (INDEXNIKKEI: NI225) share average faced a tumultuous day as it closed below the psychologically significant 31,000 level earlier today, primarily due to escalating events in the Middle East. This geopolitical unease sent a key volatility gauge spiking to a one-year high. Nikkei 225 Performance Breakdown...

Read More »

Hong Kong Stock Market Takes Lead in Asia-Pacific Market Rally

The Asia-Pacific markets displayed a positive trend, with gains observed in South Korea, Japan, mainland China, and Australia. The Hong Kong stock market featuring indices like the Hang Seng Index (INDEXHANGSENG: HSI) experienced a notable bullish surge in its recent trading session, as investors eagerly await the US May jobs report. The Hang Seng Index finished 4.02% higher at 18,949.94, creating significant market excitement and investor optimism. According to reports, the consumer...

Read More »

Global Stocks Turn Negative as U.S. Coronavirus Cases Top 400,000, Doubling in One Week

Spain, Italy, France, and Germany all recorded over 100,000 COVID-19 cases. As hopes for the sooner recovery from the virus started fading, global stocks and market indices suffered on Wednesday. The number of coronavirus cases in the U.S. has hit a new record. On Wednesday, it surpassed 400,000, doubling in just one week. The number of deaths in the country reached 12,864. The U.S. is reporting most COVID-19 cases worldwide, followed by Spain, Italy, France, and Germany. The coronavirus...

Read More »

Tesla (TSLA) Stock Down 11.62%, Morgan Stanley Cuts Target Over Coronavirus Concerns

As the whole markets come crashing down, Tesla stock price tanked 11.62% on Tuesday closing at $560 levels. With the Tesla production taking a massive hit, analysts are slashing the target for its stock price.Almost every stock on the market has taken a severe beating over this week’s market massacre amid coronavirus spread, and Tesla Inc (NASDAQ: TSLA) is no different. Just over the last five days, the Tesla (TSLA) stock price has crashed over 20%. On Thursday, Dow Jones closed 10% lower...

Read More »

Market Collapse amid Coronavirus and Oil Prices Crash: European Stocks Over 6% Down

Oil market prices plunged when OPEC and its allies failed to reach an agreement on production cuts. All the markets, including stocks, currencies and cryptos are falling.European equity indices were red across the board at the open on Monday as the coronavirus outbreak coupled with crashing oil prices rattled the global market. The pan-European Stoxx 600 fell 6.2%. All stocks on Italy’s FTSE MIB except pharma company Recordati failed to open at the start of the day’s trade. Italian blue-chip...

Read More »

Chinese Stocks Plunged in February on Account of Coronavirus, Markets Bounce Back

On account of the coronavirus outbreak, China’s manufacturing output has plunged to record lows in February as several factories were shut down. Central banks across the globe are willing to take corrective measures to ensure financial stability.The Chinese economic outlook is turning from bad to worse over the rising number of infected coronavirus cases, the Chinese stocks fell drastically. Last month, the Chinese government asked all companies and manufacturing units to shut down their...

Read More »