SLB helped lead the market after the provider oilfield services delivered bigger profit and revenues for the end of 2024 than analysts expected. It jumped 6.1% after it also raised its dividend by 3.6% and said it’s returning $2.3 billion to its investors by buying back its own stock.
Markets are poised to open with gains Tuesday, the first day of trading under the second administration of U.S. President Donald Trump. Futures for the S&P 500 and Dow Jones Industrial Average rose about 0.
Asia-Pacific stocks increased Tuesday, Jan. 21, with shares in Hong Kong rising for the sixth session and the Japanese market showing a second day of gains. The Hang Seng Index Hang Seng Index of Hong Kong companies gained 0.9% to 20,106.55, while Japan's Nikkei 225 Index NIKKEI 225 Index rose 0.3% to 39,027.98.
Asian stocks are mixed after Wall Street’s mostly positive performance ahead of key U.S. inflation data that could influence the pace of the Federal Reserve’s rate cuts
Among Wall Street’s biggest players seeking to gain exposure to Chinese stocks was renowned short-seller Michael Burry, who significantly raised his holdings in eCommerce firm Alibaba (NYSE:BABA) from 155,000 shares in the second quarter to 200,000 by Q3.
U.S. stock indexes are rallying toward the close of their best week in two months. The S&P 500 rose 1.1% Friday.
Global shares are mostly higher following a rally on Wall Street driven by encouraging update on U.S. inflation. Oil prices slipped and U.S. futures edged higher.
U.S. stocks are drifting higher Tuesday after more companies said they made bigger profits at the end of last year than analysts expected. The S&P 500 was up 0.5% in midday trading, as many markets around the world took only tentative steps following Donald Trump’s return to the White House on Monday.
Asia-Pacific stocks mostly grew Monday, Jan. 20, with the Hong Kong market climbing for the fifth session. Hong Kong's Hang Seng Index Hang Seng Index added 1.7% to 19,925.81, while the Nikkei 225 Index NIKKEI 225 Index of Japanese companies increased 1.2% to 38,902.50.
(RTTNews) - The Hong Kong stock market has moved higher in consecutive ... Hang Lung Properties and Nongfu Spring were unchanged. The lead from Wall Street is solid as the major averages opened ...
The Hong Kong stock market has finished higher in six straight sessions, rallying more than 1,230 points or 6 percent in that span.
Asian shares were mixed in a muted reaction Tuesday to the inauguration of U.S. President Donald Trump. U.S. markets were closed Monday for the Martin Luther King Jr. Day holiday. U.S. futures rose and oil prices declined.