• Mon. Mar 4th, 2024

Global Trade Overview for Today: Europe, Asia and Wall Street Market Updates, Analyst Recommendations and Company Insights

ByEditor

Feb 12, 2024
J.P. Morgan Predicts Cooling Stock Markets in Europe

The global trade overview for the day includes current reports, trends, indices, stock prices, bonds, foreign exchange, and commodities, as well as analyst recommendations. In Europe, the trading day opened with a negative trend. The British FTSE index fell by 0.3%, while the DAX and KAC remained unchanged. In Asia, the stock exchanges of China, Hong Kong, and South Korea are closed for the Chinese New Year and Japanese “National Day”. Wall Street futures traded in a mixed trend with minimal changes last week.

Trading on Wall Street closed last Friday in a mixed trend. The S&P 500 index rose by about 0.6% and closed above 5,000 points for the first time. The Dow Jones index fell by about 0.1%, while the Nasdaq recorded increases of about 1.2%. Several intriguing reports are expected to emerge this week from companies such as Coca-Cola, IRB, Paramount Global, Cisco Corp., Occidental Petroleum

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