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Added on the 22/05/2019 14:00:16 - Copyright : Wochit
Tokyo, Mar.25 (EFE), (Camera: Franck Robichon).- The Tokyo Stock Exchange's benchmark Nikkei index on Wednesday closed 8.04 percent up following gains registered by the Wall Street and positive reactions over the postponement of the Tokyo 2020 Olympics, amid days of high volatility due to the ongoing COVID-19 pandemic.FOOTAGE OF TOKYO'S STOCK EXCHANGE.
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.
The New York Stock Exchange opening bell rings as US stocks surge higher, with all three major indices breaking records after Pfizer announced that its vaccine was 90 percent effective in protecting against Covid-19 infections. IMAGES
An RBC Capital Markets analyst says that based on recent options trading, the market believes the next US president will be known by November 6th. However, Amy Wu Silverman, RBC's head of derivatives strategy, believes the risk of a contested election is 'severely underpriced' in the stock market. According to Markets Insider, the stock market is eagerly waiting for Congress to pass the next fiscal stimulus package. However, no progress will be made until a clear winner of the election is determined. We in the options market think about tail events, my worry now is that maybe a situation coming up where there is not a clear winner for a while. Amy Wu Silverman, Head of Derivative Strategies RBC Capital Markets A tail event is an unpredictable and rare market outcome that could come as a shock to investors.
New York's securities industry notched its largest first-half profit since 2009 due to sharp increases in trading and underwriting activity, New York State Comptroller Thomas DiNapoli said in a Thursday report. Pretax profits through the first six months of the year surged 82% to $27.6 billion. Underwriting revenues hit a record of $10.4 billion in the second quarter. The first-half performance suggests the securities industry "will be markedly profitable for the year, barring any further unforeseen events," DiNapoli said.
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.