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Lower Open Predicted For China Stock Market
BEIJING (dpa-AFX) - The China stock market bounced higher again on Thursday, one session after ending the two-day winning streak in which it had gathered more than 40 points or 1.2 percent. The Shanghai Composite Index now rests just beneath the 3,565-point plateau although it s likely to open under pressure again on Friday.
The global forecast for the Asian markets is soft on sinking crude oil prices and renewed Covid-19 concerns. The European markets were down and the U.S. bourses were mixed and the Asian markets figure to split the difference.
The SCI finished sharply higher on Thursday following gains from the financial shares and resource stocks, while the oil companies were soft and the properties were mixed.
Provided by Dow Jones
Jul 16, 2021 3:15 AM UTC
GLOBAL MARKETS
DJIA 34987.02 53.79 0.15%
Nasdaq 14543.13 -101.82 -0.70%
S&P 500 4360.03 -14.27 -0.33%
FTSE 100 7012.02 -79.17 -1.12%
Nikkei Stock 27989.73 -289.36 -1.02%
Hang Seng 27958.75 -37.52 -0.13%
Kospi 3265.07 -21.15 -0.64%
SGX Nifty 15957.50 36 0.23% July contract
USD/JPY 110.00-01 +0.15%
Range 110.06 109.73
EUR/USD 1.1808-11 -0.01%
Range 1.1819 1.1803
CBOT Wheat Sept $6.720 per bushel
Spot Gold $1,826.88/oz -0.1%
Nymex Crude (NY) $71.61 -$1.52
U.S. STOCKS U.S. stocks ended mostly lower Thursday after the Federal Reserve chief said recent inflation was uncomfortably above the levels that the central bank seeks and sounded somewhat less confident about the economic outlook than earlier in the year. The S&P 500 finished the session 14.27 points lower, or 0.3%, to end at
China Stock Market Waiting On GDP Data
BEIJING (dpa-AFX) - The China stock market on Wednesday snapped the two-day winning streak in which it had gathered more than 40 points or 1.2 percent. The Shanghai Composite Index now rests just beneath the 3,530-point plateau and it s looking at another soft start again on Thursday.
The global forecast for the Asian markets is flat to lower, thanks mainly to sinking crude oil prices. The European markets were barely down and the U.S. bourses were mixed and little changed and the Asian markets figure to split the difference.
The SCI finished sharply lower on Wednesday following losses from the financial shares and property stocks, while the resource companies were wildly mixed.
Provided by Dow Jones
Jul 15, 2021 3:15 AM UTC
GLOBAL MARKETS
DJIA 34933.23 44.44 0.13%
Nasdaq 14644.95 -32.70 -0.22%
S&P 500 4374.30 5.09 0.12%
FTSE 100 7091.19 -33.53 -0.47%
Nikkei Stock 28352.79 -255.70 -0.89%
Hang Seng 27946.96 159.50 0.57%
Kospi 3271.67 6.86 0.21%
SGX Nifty 15883.50 20.0 0.13% July contract
USD/JPY 109.84-85 -0.10%
Range 110.03 109.82
EUR/USD 1.1825-28 -0.09%
Range 110.03 109.82
CBOT Wheat July $6.450 per bushel
Spot Gold $1,825.90/oz -0.1%
Nymex Crude (NY) $72.69 -$2.56
US STOCKS U.S. stocks edged higher after Federal Reserve Chairman Jerome Powell told members of Congress that inflation will moderate and that the central bank plans to maintain its current monetary policies. All three major indexes were higher in mid-afternoon trading, after wobbling between small gains and