Markets today: Stocks struggle as tech outages hit businesses

  • 📰 BNNBloomberg
  • ⏱ Reading Time:
  • 61 sec. here
  • 48 min. at publisher
  • 📊 Quality Score:
  • News: 185%
  • Publisher: 50%

Asia 뉴스

Pacific Rim,Top Asia,Pacific Rim

Global equities struggled on Friday as worldwide computer systems outages hit travel, trading and banking services, threatening to exacerbate a pullback in technology stocks.

July 19, 2024 at 6:59AM EDT --

However, contracts on the Nasdaq 100 and S&P 500 indexes pared earlier losses to trade just 0.1 per cent lower. In Europe, the Stoxx 600 index was down 0.5 per cent, slipping for a fifth day. Shares in Air France-KLM, Ryanair Holdings Plc and other airlines fell heavily as flights were either grounded or delayed. LSE Group Plc, which operates the London stock exchange, recouped some of its share-price losses triggered after it said technical issues were preventing news from being published.

Market losses triggered by the outages are unlikely to last, said Rajeev De Mello, chief investment officer at Gama Asset Management, adding investors could “take advantage of such selloffs, especially in lower liquidity summer trading, and on Friday, to buy risk.”The recent moves into smaller, lower-valuation sectors were precipitated by signs the U.S.

As quarterly earnings continued to trickle in, Sartorius AG plunged 13 per cent after the German electronics maker lowered full-year guidance. Computer-games maker Ubisoft Entertainment SA slid more than eight per cent after mixed full-year targets, while gaming firm Evolution AB also tumbled after its earnings missed estimates.

이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:

 /  🏆 83. in KR
 

귀하의 의견에 감사드립니다. 귀하의 의견은 검토 후 게시됩니다.

대한민국 최근 뉴스, 대한민국 헤드 라인

Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.

Stocks close in the green, markets await Friday's PCEStock market averages (^DJI, ^IXIC, ^GSPC) end the day just above their flatlines, the Nasdaq Composite leading the charge. Market Domination Overtime Host...
출처: YahooFinanceCA - 🏆 47. / 63 더 많은 것을 읽으십시오 »

Asian Stocks to Join Global Rally, Treasuries Rise: Markets Wrap(Bloomberg) -- Asian equities were set to join a global stock rally as bets the Federal Reserve will soon start cutting rates fueled a rush into riskier...
출처: YahooFinanceCA - 🏆 47. / 63 더 많은 것을 읽으십시오 »

Stock market today: Asian stocks are mixed after US markets were closed for JuneteenthHONG KONG (AP) — Asian stocks were mixed in thin trading Thursday after U.S. markets were closed in observance of Juneteenth.
출처: YahooFinanceCA - 🏆 47. / 63 더 많은 것을 읽으십시오 »

Markets today: Tech giants take wind out of stocks after rallyStocks lost traction after a rally to multiple all-time highs spurred calls for a near-term pullback amid signs of buyer exhaustion.
출처: BNNBloomberg - 🏆 83. / 50 더 많은 것을 읽으십시오 »

Markets today: U.S. stocks show signs of buyer exhaustion after rallyStocks retreated after a rally to all-time highs spurred calls for a near-term pullback amid signs of buyer fatigue.
출처: BNNBloomberg - 🏆 83. / 50 더 많은 것을 읽으십시오 »

Markets today: U.S. stocks show signs of buyer exhaustion after rallyStocks retreated after a rally to all-time highs spurred calls for a near-term pullback amid signs of buyer fatigue.
출처: BNNBloomberg - 🏆 83. / 50 더 많은 것을 읽으십시오 »