Stock market today: World shares lower, Tokyo closed, as focus turns to U.S. Federal Reserve meeting
CTV
Shares fell Monday in Europe and Asia, as investors awaited a meeting this week of the U.S. Federal Reserve.
Shares fell Monday in Europe and Asia, as investors awaited a meeting this week of the U.S. Federal Reserve.
Germany's DAX lost 0.4% to 15,827.65 and the CAC 40 in Paris declined 0.7% to 7,326.66. Britain's FTSE 100 was virtually unchanged at 7,709.53.
The futures for the S&P 500 and the Dow Jones Industrial Average were up 0.1%.
Hong Kong's benchmark was pulled lower by property stocks following reports over the weekend that police had detained staff at the wealth management business of troubled real estate developer China Evergrande.
The Hang Seng dropped 1.4% to 17,930.55.
On Friday, China's national financial regulator announced it had approved the takeover of the group's life insurance arm by a new state-owned entity.
Defaults on debts in the property sector since 2021 have resulted in half-finished apartment buildings, disgruntled homebuyers and fears the industry's troubles might further slow the world's second-largest economy and shake global financial markets.
Wednesday wasn't just a good day for Donald Trump. The wealth of the world's 10 richest people also soared by a record amount, according to Bloomberg's Billionaire Index.
Donald Trump's impending return to the White House has raised worries that he could complicate the Canada-U.S. trade relationships.
Stock prices, bond yields and bitcoin surged Wednesday as voters returned former U.S. president Donald Trump to the White House and the Republican party gained control of the Senate.
Employers at British Columbia ports say they are going ahead with locking out more than 700 foremen across the province after strike activities from union members began.
Warren Buffett is collecting a steady stream of profits from all of Berkshire Hathaway's assorted businesses, including Apple, without any major acquisitions.
Dockworkers at the Port of Montreal started a new strike Thursday morning, forcing the indefinite shutdown of two container terminals at the country's second biggest port.