Stock Markets

Report says Apple repurchased $14 billion of its stock in 2 weeks since posting 1Q results

NEW YORK—Apple has reportedly repurchased $14 billion of its stock in the two weeks after its first-quarter financial results and second-quarter revenue outlook disappointed investors. Its shares rose almost 2 per cent in premarket trading Friday. Late Thursday, The Wall Street Journal reported that Apple Inc. CEO Tim Cook said that the company was “surprised” …

Asia shares mostly higher as Japan market rebounds modestly

TOKYO—Shares held steady Wednesday as wary investors took heart from modest recoveries from sell-offs the day before, but there wasn’t much bounce to the rebound. European shares looked set for a slow start, weighed down by worries over corporate earnings. Britain’s FTSE 100 edged up 0.1 per cent to 6454.10 and the CAC-40 in France …

World stock markets sink after weak manufacturing reports from China, United States

SEOUL, South Korea—Japan’s Nikkei 225 stock average dived more than 4 per cent Tuesday as weakness in U.S. and Chinese manufacturing sent world markets sharply lower. Early European trading mirrored the slide in Asian stock markets, showing investor sentiment remained fragile as weak data from the world’s two biggest economies sparked concerns that growth could …

Nikkei falls, most Asian stock markets shut for Lunar New Year holidays

BANGKOK, Thailand—Japan’s Nikkei stock index fell Friday as the yen strengthened, but the handful of other Asian markets open during Lunar New Year holidays gained after U.S. corporate earnings continued to exceed expectations. Financial markets are closed in China, Hong Kong, South Korea, Taiwan, Indonesia, Singapore, Malaysia and the Philippines. Among stock markets not observing the …

Shares mostly lower following Fed decision to further reduce stimulus

TOKYO—Shares were lower Thursday as weak economic data from China and Japan deepened jitters over ongoing reductions in U.S. monetary stimulus. The U.S. Federal Reserve’s decision to further “taper,” or reduce, its mortgage and long-term bond purchases roiled markets, cutting short a rebound spurred by aggressive interest rate hikes by the Turkish central bank. In …

World stocks mixed after retreat on Wall Street over poor corporate earnings

MANILA, Philippines—World stocks traded mixed Friday, with a patchy performance in Asia and early gains in Europe and U.S. futures a day after losses on Wall Street. Japan’s Nikkei 225 closed 0.1 per cent lower at 15,734.46. China’s Shanghai Composite index sank 0.9 per cent to 2,004.95, while Hong Kong’s Hang Seng rose 0.6 per cent …

World shares bounce back, tracking US gains; Nikkei buoyed by weaker yen

TOKYO—Stock markets rose Wednesday as an upbeat World Bank assessment of the global economic outlook underpinned buying spurred by stronger U.S. retail sales. In early European trading, Britain’s FTSE 100 rose 0.3 per cent to 6,789.85 and Germany’s DAX gained 0.9 per cent to 9,628.74. The CAC-40 in France rose 0.6 per cent to 4,297.62. …