• World markets turn lower as eyes turn to US midterm election

    6 days ago - By Chron

    BANGKOK - Global stock markets turned lower Tuesday, with Wall Street expected to dip on the open, as cautious investors awaited the outcome of the U.S. midterm elections.
    KEEPING SCORE: Britain's FTSE 100 lost 0.7 percent to 7,054 while Germany's DAX shed 0.2 percent to 11,470. The CAC 40 in France was down 0.3 percent at 5,088. Wall Street was likewise headed for a lackluster start, with the futures contracts for the Dow Jones Industrial Average and the S&P 500 both down 0.2 percent.
    ASIA'S DAY: Japan's Nikkei 225 index jumped 1.1 percent to 22,147.75 and the Kospi in South Korea added...
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  • Apple's market cap fell below $1 trillion and its iPhone XR woes just clobbered stocks of its China suppliers too

    Apple's market cap fell below $1 trillion and its iPhone XR woes just clobbered stocks of its China suppliers too

    6 days ago - By Business Insider

    Shares of Apple's s uppliers across Asia were hit as the company missed earnings targets
    Other smartphone manufacturers Samsung and LG also suffered. Apple was down 0.5% in premarket US trading on Tuesday.
    Apple's stock dropped for the 5th successive week which hasn't happened since 2012
    Apple's Asian suppliers tanked after a bruising day of trading after a negative report about the iPhone XR sent Apple's market cap tumbling below $1 trillion.
    The Nikkei Asian Review reported, citing sources, that the company would halt additional production lines for its new iPhone model. That sent the...
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  • Caution grips European stocks as investors punish earnings misses

    6 days ago - By Reuters

    European shares dipped on Tuesday as investors punished companies like Zalando and Pandora that missed expectations, while caution prevailed ahead of U.S. mid-term elections.
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  • Stocks, dollar hunker down for U.S. midterm elections

    6 days ago - By Reuters

    European shares ticked lower and the dollar and bond markets barely budged on Tuesday, as traders braced for midterm elections in the United States and some potentially lively sessions ahead.
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  • Investors punish earnings misses as European stocks dip in cautious trading

    6 days ago - By Reuters

    European shares dipped on Tuesday as investors continued to harshly punish companies that missed expectations like Pandora, William Hill and Morrisons, while caution prevailed ahead of the U.S. midterm congressional elections.
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