Category: Finance
Japan's Nikkei Stock Average experienced a significant drop, falling 2,216.63 points or 5.81%, marking its lowest close since January 26.
Keywords: Nikkei Stock Average, stock market, Japan
Source: Nikkei Asia
Update At: 8/5/2024
BlackRock, the world's largest asset manager, reported a rise in assets under management to $10.6 trillion in the second quarter, with earnings per share increasing to $9.99. The company is the largest public holder of bitcoin through its iShares Bitcoin Trust. BlackRock shares rose 1.2% to $838 in pre-market trading.
Coindesk
The second-quarter reporting season started with big bank earnings affecting investor reactions. Despite some setbacks, optimism remains high for a healthy earnings season ahead.
Benzinga
European and Asian markets started the week lower as they assess the impact of an assassination attempt on former U.S. President Donald Trump. European stocks were down, with mining and utility sectors leading the losses. In contrast, Wall Street saw a strong start with the Dow Jones climbing to a new record high. The shooting raised Trump's odds of winning back the White House, potentially boosting U.S. stocks in the short term. China's economy grew 4.7% in the second quarter, missing expectations.
CNBC
The latest investor updates on stocks that are trending on Monday, including the performance of FTSE 100 and European stocks, US markets, Apple stock, Macy's, Goldman Sachs, Trump Media, Bitcoin, UK house prices, and more.
Yahoo Finance UK
Former President Trump survived an assassination attempt at a rally in Pennsylvania. Fed's Powell to speak on inflation data. China's economic data shows slower growth. EU companies slash outlook. Alphabet in talks to acquire cybersecurity firm. Market indices open lower. Various economic indicators reported.
FXStreet
London stocks were down following disappointing Chinese GDP figures and a profit warning from Burberry. The markets remained calm despite an assassination attempt on US presidential candidate Donald Trump. Chinese growth slowed to 4.7% year-on-year. UK house prices dipped in July. Burberry tumbled after issuing a profit warning. Ocado tanked after a downgrade. BP and Robert Walters also experienced declines.
Sharecast.com
Wall Street stocks rise as traders weigh the impact of the failed assassination attempt on Donald Trump. European stocks lower, luxury sector affected. China's top leadership meeting in Beijing. Market updates for various indices and currency exchange rates.
Barron's
FTSE 100 softens after the attempted assassination of Donald Trump, Burberry drops 15% after suspending its dividend. Analysts suggest Trump's chances at the polls may have improved. Bitcoin jumps 5% to $62,831.
Citywire
Information on credit cards, loans, banking, mortgages, insurance, credit monitoring, personal finance, small business, taxes, and help for low credit scores.
Federal Reserve Chair Jerome Powell and other Fed officials will make remarks this week. Bank earnings from big financial institutions like Goldman Sachs, BlackRock, Bank of America, Morgan Stanley, and American Express are expected. Republican National Convention, Netflix earnings, and Amazon Prime Day are also on the agenda.
Investopedia