Shares around the world gained on Tuesday, with upbeat corporate earnings buoying European shares, though investor concerns lingered over supply chain problems sparked by the coronavirus pandemic.
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The S&P 500 and Dow futures hit record highs on Tuesday as Facebook rose after its quarterly results and a share buyback plan, turning the spotlight on its technology peers set to report later in the day.
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Shares made slim gains around the world on Tuesday, with upbeat corporate earnings buoying European shares and outweighing recurring worries about China's property sector.
Draft EU rules to curb the power of Amazon, Apple, Alphabet unit Google and Facebook should also tackle providers of cloud computing services for possible anti-competitive practices, a study said on Tuesday.
Asian stocks largely rallied on Tuesday, following Wall Street's record highs overnight, though fresh worries about China's property sector weighed on investors' sentiments.
Taiwan's trade-reliant economy is expected to have expanded at a slower pace in the third quarter due to the island's COVID-19 outbreak, a Reuters poll showed, though supported by export growth and healthy global demand for semiconductors.
Asian stocks inched higher on Tuesday, as upbeat Wall Street earnings lifted the broader economic outlook though fresh worries about China's property sector hit Hong Kong and mainland markets.
SK Hynix posted its highest quarterly operating profit since 2018 as demand for server and mobile memory chips remained solid, offsetting a slowdown in personal computer sales as COVID-19 lockdowns eased.
Draft EU rules to curb the power of Amazon, Apple, Alphabet unit Google and Facebook should also tackle cloud computing services providers over potential anti-competitive practices, a study said on Tuesday.
The U.S. Department of Justice (DOJ) has accelerated its two-year-old antitrust probe on Apple Inc in the last several months, increasing the likelihood of a lawsuit, the Information reported on Monday.
Global stocks rose and Treasury yields dipped on Monday with major Wall Street benchmarks hitting fresh records, buoyed by a robust start to the U.S. corporate earnings season and an improving economic outlook.
The U.S. Department of Justice (DOJ) has accelerated its two-year-old antitrust probe of Apple Inc in the last several months, increasing the likelihood of a lawsuit, The Information reported on Monday.
The Dow Jones Industrial Average and S&P 500 Index got the ball rolling on the new trading week with record-high closes amid general earnings optimism.
The Dow Industrials and S&P 500 closed at record highs on Monday, as earnings season kicked in to high gear in one of the heaviest reporting weeks of the quarter with bellwethers in multiple sectors poised to announce results.
The NASDAQ 100 After Hours Indicator is up 50.47 to 15,564.66. The total After hours volume is currently 73,220,960 shares traded.The following are the most active stocks for the after hours session: Bakkt Holdings, Inc. (BKKT) is +5.21 at $35.81, with 7,796,240 shares traded.,
Facebook Inc on Monday warned that Apple Inc's new privacy rules would weigh on its digital business in the current quarter, after the social media company reported quarterly revenue below market expectations.
The Dow Industrials and S&P 500 closed at record highs on Monday, as earnings season kicked in to high gear in one of the heaviest reporting weeks of the quarter with bellwethers in multiple sectors poised to announce results.