Stock Indices

21/07/2017          10:30 am

 

  • Asian equity markets were down across the board Friday, taking a breather from recent climbs and after the European Central Bank took a dovish stance on policy and its ongoing stimulus program.
  • Australia stocks were lower after the close on Friday, as losses in the Metals & Mining, Resources and Materials sectors led shares lower.
  • Stocks ended little changed on Wall Street on Thursday as a deal between Sears and Amazon weighed on home improvement retailers while gains in Microsoft helped buoy the Nasdaq.
  • Microsoft (NASDAQ:MSFT) on Thursday reported strong fourth-quarter earnings on the back of its fast-growing cloud computing business, stoking optimism that the once-stagnant company has found a new groove.
  • The MSCI Asia Pacific Index was down 0.2 percent as of 2:00 p.m. Hong Kong time, its first decline in 10 days.
  • Japan’s Topix Index was down 0.2 percent, though still near its highest since August 2015.
  •  Australia’s S&P/ASX 200 Index slid 0.6 percent.
  • The Hang Seng Index rose less than 0.1 percent, the Shanghai Composite Index fell 0.1 percent.
  • Futures on the S&P 500 Index were unchanged after the underlying gauge closed flat Thursday.
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