Markets mixed on oil, fed, data... Amazon stocks under pressure as results disappoint...
Markets mixed on oil, fed, data
Equity markets are mixed Friday as oil prices ease, data is digested and investors consider the chance of a US interest rate rise.
Asian markets closed mostly lower with energy, miners and financials losing ground. Japanese data added to the mix and the Nikkei was one of the few to close with gains.
European markets are considering regional data, especially German CPI which is due later. A confidence index for the Eurozone revealed a higher-than-expected reading. Most indexes are trending lower so far.
Wall Street and Toronto are expected to open lower ahead of a first reading for US GDP and other data including personal consumption and expenditure.
Amazon stocks under pressure as results disappoint
Disappointing financial results for the third quarter have sent Amazon’s stocks lower. The online giant reported that profits slipped to U$252 million – 52 cents per share, rather than the 78 cents that was expected.
The firm says that it has being reinvesting in the business with growth in the cloud business and optimism for its Echo and video services.
Equity markets are mixed Friday as oil prices ease, data is digested and investors consider the chance of a US interest rate rise.
Asian markets closed mostly lower with energy, miners and financials losing ground. Japanese data added to the mix and the Nikkei was one of the few to close with gains.
European markets are considering regional data, especially German CPI which is due later. A confidence index for the Eurozone revealed a higher-than-expected reading. Most indexes are trending lower so far.
Wall Street and Toronto are expected to open lower ahead of a first reading for US GDP and other data including personal consumption and expenditure.
| Latest | 1 month ago | 1 year ago | |
| North America (previous session) |
|||
| US Dow Jones | 18,169.68 (-0.16 per cent) | -0.32 per cent | +3.35 per cent |
| TSX Composite | 14,833.75 (+0.18 per cent) | +0.69 per cent | +7.00 per cent |
| Europe (at 4.30am ET) |
|||
| UK FTSE | 6,942.14 (-0.60 per cent) | +1.39 per cent | +7.88 per cent |
| German DAX | 10,646.29 (-0.66 per cent) | +1.99 per cent | -1.71 per cent |
| Asia (at close) |
|||
| China CSI 300 | 3,340.13 (-0.17 per cent) | +3.38 per cent | -5.24 per cent |
| Japan Nikkei | 17,446.41 (+0.63 per cent) | +5.96 per cent | -7.71 per cent |
| Other Data (at 2.30am ET) |
|||
| Oil (Brent) | Oil (WTI) | Gold | Can. Dollar |
| 50.41 (-0.12 per cent) |
49.58 (-0.28 per cent) |
1267.80 (-0.13 per cent) |
U$0.7474 |
| Aus. Dollar |
|||
| U$0.7585 | |||
Amazon stocks under pressure as results disappoint
Disappointing financial results for the third quarter have sent Amazon’s stocks lower. The online giant reported that profits slipped to U$252 million – 52 cents per share, rather than the 78 cents that was expected.
The firm says that it has being reinvesting in the business with growth in the cloud business and optimism for its Echo and video services.
