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Added on the 13/09/2016 22:51:52 - Copyright : Reuters EN
Madrid, Jul 20 (EFE) .- (Camera: EFE) The Spanish stock market has wiped out part of the losses of the day before with a rebound of 0.68% that has allowed it to distance itself from the level of 8,300 points with the help of the rise in Wall Street and the rebound in the price of oil, according to market data.FOOTAGE OF THE SPANISH STOCK MARKET, MADRID
Tokyo, Feb 26 (EFE/EPA).- The main Tokyo Stock Exchange index, the Nikkei, on Friday fell 722.10 pionts, or 2.39 percent, to close at 29,446.17 in the morning session, pressured by an overnight Wall Street sell-off. (Camera: FRANCK ROBICHON). SHOT LIST: PASSERSBY WALK PAST STOCK MARKET INDICATOR BOARDS IN TOKYO, JAPAN.
A Credit Suisse analyst says that if Joe Biden wins the US presidential election in November, it could spur a 'knee-jerk' pullback in the stock market of 5%. According to Markets Insider, senior investment strategist Suresh Tantia said that was due to the Democratic nominee's stance on corporate taxes. However, Tantia said investors should look at such a pullback as a buying opportunity, as Fed support will keep driving markets after the election. The central-bank support is not going anywhere. The Fed is going to keep rates lower for longer, similar to other central banks. Suresh Tantia, Senior Investment Strategist Credit Suisse Tantia's tip for traders? Investors should seek out equities in Asian markets, as they are cheaper than US stocks and have strong earnings.
Falling oil prices dragged down energy shares. But the major indices still posted gains for the week, as Fred Katayama reports.
Wall Street retreated from record levels on Wednesday after a drop in oil prices pressured energy stocks, while shares of Walt Disney surged on its results and an acquisition. Bobbi Rebell reports.
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