Archive for Tag: stock market news

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Top 5 Stocks To Watchout and Trade Today – January 25, 2022

TOP 5 STOCKS TO WATCHOUT:- 1.HYUNDAI:South Korea’s Hyundai Motor Co reported a nearly 50% drop in quarterly profit on Tuesday, falling significantly short of analysts’ estimate, hurt by rising raw material costs and a one-off expense associated with employees’ bonuses. Hyundai Motor, which together with affiliate Kia Corp is...

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JPMorgan Trading

JPMorgan merges EU operations into single German business

JPMorgan (NYSE:JPM) is trading up 0.48% at 145.06 American banking giant JPMorgan (NYSE:JPM)has merged most of its European Union businesses into a single entity in Germany, it said on Monday, seeking to make its business in the bloc more competitive after Britain’s departure. The bank said it had simplified...

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European Stock Futures Edge Lower; Fed Meeting in Focus

European stock markets are expected to open with small losses Tuesday, handing back some of the previous session’s gains ahead of the start of an eagerly-awaited Federal Reserve meeting. At 2 AM ET (0700 GMT), the DAX futures contract in Germany traded 0.2% lower, CAC 40 futures in France...

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Top 5 Stocks To Watchout and Trade Today – October 11, 2021

1. MERCK & Co:  Merck & Co Inc said on Monday it has applied for U.S. emergency use authorization for its tablet to treat mild-to-moderate patients of COVID-19, putting it on course to become the first oral antiviral medication for the disease. Its authorization could help change clinical management...

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European Stock Futures Largely Unchanged; U.S. Jobs Data in Focus

European stock markets are expected to open largely unchanged Friday, with investors cautious ahead of the release of key U.S. jobs data which could provide fresh clues into the timing of Federal Reserve tapering. At 2:15 AM ET (0615 GMT), the DAX Futures contract in Germany traded 0.1% higher,...

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European Stocks up on Energy Price Relief, U.S. Debt Talks; Update Lifts Shell

European stock markets traded sharply higher Thursday, continuing the week’s volatile trading with sentiment boosted by falling energy costs and signs of compromise in Washington over averting a U.S. default. At 3:40 AM ET (0840 GMT), the DAX in Germany traded 1.2% higher, the CAC 40 in France rose...

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European Stock Futures Higher; U.K. GDP Release Helps

European stock markets are expected to open higher Thursday, continuing to stabilize after the sharp losses earlier this week, but doubts about China’s economic expansion remain. At 2:05 AM ET (0605 GMT), the DAX Futures contract in Germany traded 0.7% higher, CAC 40 Futures in France climbed 0.7% and...

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Commodity – Oil prices rise on expected U.S. stocks draw

Brent Oil was trading 1.36% upat $75.34. Oil prices climbed more than $1 on Wednesday, extending overnight gains after industry data showed U.S Crudestocks fell more than expected last week in the wake of two hurricanes, highlighting tight supply as demand improves. Prices were also supported as some OPEC...

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Microsoft Gains on $60 Billion Buyback, Higher Quarterly Dividend

Microsoft (NASDAQ:MSFT) is trading up 0.94% at 299.79 Microsoft stock (NASDAQ:MSFT)traded 1.5% higher Wednesday as the company announced a $60 billion share buyback and a higher quarterly dividend. The new share repurchase program, which has no expiration date, may be terminated at any time, the $2.25 trillion company said....

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