Latest news with #Composite
Deccan Herald
3 days ago
- Business
- Deccan Herald
Markets fall as trade deal uncertainty, foreign fund outflows weigh on investors' sentiment
In Asian markets, Japan's Nikkei 225 index, Shanghai's SSE Composite index and Hong Kong's Hang Seng traded lower while South Korea's Kospi quoted in positive territory.
Canada News.Net
6 days ago
- Business
- Canada News.Net
Wall Street climbs again, U.S. dollar bounces higher
NEW YORK, New York - U.S. stock markets made solid ground Friday, sending all the key indices out with weekly gains. The Standard and Poor's 500 climbed to another all-time high. "The bull market lives on, supported largely by favorable fundamentals," Terry Sandven, chief equity strategist at U.S. Bank Wealth Management, told CNBC Friday. "Inflation is stable, interest rates are range-bound and earnings are trending higher, and that presents a favorable backward drop for stocks to trend higher. We still look for a risk-on bias to be intact as we move through this earnings season," Sandven said. Key U.S. Index Performances Standard and Poor's 500 (^GSPC): The broad-market benchmark rose 25.29 points, or 0.40 percent, closing at 6,388.64, supported by gains in tech and financial sectors. Trading volume reached 2.959 billion shares. Dow Jones Industrial Average (^DJI): The blue-chip index climbed 208.01 points, or 0.47 percent, settling at 44,901.92, with 367.553 million shares traded. NASDAQ Composite (^IXIC): The tech-heavy index advanced 50.36 points, or 0.24 percent, to 21,108.32, as heavyweight tech stocks saw mixed movements. Trading volume hit 10.07 billion shares. Market Drivers Investors welcomed strong earnings reports from major U.S. banks and tech firms, while easing inflation concerns bolstered sentiment. The Federal Reserve's recent signals of a potential pause in rate hikes also contributed to the upward momentum. Outlook Analysts expect markets to remain sensitive to upcoming economic data, including next week's jobs report and consumer spending figures. Any surprises could influence the Fed's policy path and market direction. Global Forex Markets Show Mixed Movements as Dollar Gains Against Major Currencies The foreign exchange market traded Friday with the U.S. dollar strengthening against several major currencies, while the euro and British pound faced selling pressure amid shifting economic sentiment. Friday's Key Currency Movements EUR/USD (Euro to US Dollar): The euro dipped slightly to 1.1744, down 0.02 percent as traders weighed European Central Bank policy expectations. USD/JPY (US Dollar to Japanese Yen): The dollar rose 0.41 percent to 147.59 yen, amid widening US-Japan yield differentials. USD/CAD (US Dollar to Canadian Dollar): The greenback climbed 0.55 percent to 1.3707, supported by weaker oil prices and a dovish Bank of Canada stance. GBP/USD (British Pound to US Dollar): Sterling fell sharply by 0.53 percent to 1.3433, pressured by disappointing UK retail sales data. USD/CHF (US Dollar to Swiss Franc): The dollar was nearly flat at 0.7948, edging down just 0.02 percent in cautious trading. AUD/USD (Australian Dollar to US Dollar): The Aussie declined 0.41 percent to 0.6562, after earlier hitting a multi-month high of 0.6633, reflecting risk-off sentiment in Asian markets. NZD/USD (New Zealand Dollar to US Dollar): The kiwi slipped 0.23 percent to 0.6013, tracking broader commodity currency weakness. Market Drivers The dollar's gains came as investors adjusted positions ahead of next week's Federal Reserve meeting, where policymakers are expected to maintain higher-for-longer interest rates. Meanwhile, the yen's slide reignited intervention concerns, with Tokyo officials warning against "excessive volatility." Technical Analysis: "The EUR/USD is testing key support at 1.1720; a break lower could signal further downside." Global Markets Close Mixed on Friday as Key Indices Show Varied Performance Global stock markets ended the week with a mixed performance on Friday, as major indices saw fluctuations amid ongoing economic uncertainty. Canadian Markets North of the U.S. border, the S&P/TSX Composite Index (^GSPTSE) gained 122.09 points, or 0.45 percent, closing at 27,494.35, with 189.981 million shares exchanged. The rally was led by energy and materials stocks as commodity prices stabilized. European Markets The FTSE 100 (^FTSE) in London dipped slightly, closing at 9,120.31, down 18.06 points or 0.20 percent. Meanwhile, Germany's DAX (^GDAXI) fell 78.43 points or 0.32 percent to 24,217.50. France's CAC 40 (^FCHI) bucked the trend, gaining 16.30 points or 0.21 percent to 7,834.58. The broader Euro Stoxx 50 (^STOXX50E) edged down 3.04 points or 0.06 percent to 5,352.16, while Belgium's BEL 20 (^BFX) lost 7.85 points or 0.17 percent, closing at 4,609.47. Asia and Pacific Markets Asian markets were mostly lower, with Hong Kong's Hang Seng (^HSI) dropping sharply by 278.83 points or 1.09 percent to 25,388.35. Singapore's STI (^STI) declined 11.99 points or 0.28 percent to 4,261.06. Australia's S&P/ASX 200 (^AXJO) fell 42.50 points or 0.49 percent to 8,666.90, while the All Ordinaries (^AORD) dropped 45.10 points or 0.50 percent to 8,934.30. However, Indonesia's IDX Composite (^JKSE) rose 12.60 points or 0.17 percent to 7,543.50, and New Zealand's NZX 50 (^NZ50) gained 48.33 points or 0.38 percent, closing at 12,853.46. Malaysia's KLSE (^KLSE) slipped 6.56 points or 0.43 percent to 1,533.76. India's Sensex (^BSESN) slid 721.08 points or 0.88 percent to 81,463.09. South Korea's KOSPI (^KS11) inched up 5.60 points or 0.18 percent to 3,196.05. Taiwan's TWSE (^TWII) dipped slightly by 9.35 points or 0.04 percent to 23,364.38. Japan's Nikkei 225 (^N225) dropped 370.11 points or 0.88 percent to 41,456.23. China's Shanghai Composite ( fell 12.07 points or 0.33 percent to 3,593.66. Middle East Markets Mideast markets were mostly closed on Friday and will re-open on Sunday. African Markets
USA Today
15-07-2025
- Sport
- USA Today
4-star DL James Johnson flips commitment from Georgia to Texas
Steve Sarkisian and Texas football have pulled off a major flip from an SEC rival. Four-star defensive lineman James Johnson of Miami Northwestern High School in Miami announced his decision to flip his commitment from Kirby Smart and Georgia to the Longhorns on Tuesday, July 15. Johnson committed to the Bulldogs on June 28 over finalists Texas and Florida, among others. The Longhorns reportedly finished runner-up to the Bulldogs in his initial recruitment and were able to flip the four-star recruit. The upcoming high school senior is listed at 6-foot-2, 285 pounds. He is a four-star recruit according to 247Sports' Composite rankings. REQUIRED READING: SEC college football power rankings headlined by Texas, Georgia Here's what you need to know about Johnson's decision to flip his commitment from the Bulldogs to the Longhorns: James Johnson 247 Composite rating Johnson is a four-star prospect out of Northwestern High School in Miami, according to 247Sports' Composite rankings. He is the No. 69 overall prospect in the 2026 class, the No. 8 defensive line and the No. 10 player from Florida. Texas 2026 recruiting class rankings With the addition of Johnson, Texas' 2026 recruiting class now holds 20 commitments. Johnson is the seventh-best recruit in the Longhorns' class, according to the 247Sports Composite Rankings. Texas' 2026 recruiting class sits No. 6 in the country, according to 247Sports, and is the fourth-best in the SEC. Johnson's flip wasn't the only recruiting victory the Longhorns scored over the Bulldogs, however. Earlier on July 15, Steve Sarkisian and Co. were able to secure the commitment of linebacker Tyler Atkinson, the top-ranked linebacker and player in the state of Georgia for the 2026 recruiting class, as well as its No. 9 overall player. He, like Johnson, chose Texas over the finalist Bulldogs.
USA Today
15-07-2025
- Sport
- USA Today
Five-star Tyler Atkinson, nation's No. 1 LB, commits to Texas over Georgia, others
The nation's No. 1-ranked linebacker found his new home on Tuesday, July 15. Five-star linebacker Tyler Atkinson committed to Texas over Georgia, Oregon and Clemson, announcing the decision live on the Pat McAfee Show. "It's just been a hard process, hard decision (to make) just to pick one school," Atkinson said live on the show. "I wish I could play for all four schools, but that's not reality. ... I'm just thankful for all of them." REQUIRED READING: SEC college football power rankings headlined by Texas, Georgia The 6-foot-2 linebacker attends Grayson High School in Loganville, Georgia, where he totaled 166 tackles in 15 games, helping lead his program to a Georgia AAAAAA championship in 2024. Atkinson is the No. 9-rated player nationally and No. 1 linebacker, according to 247Sports' Composite rankings. He's also the No. 1 player in Georgia. BREAKING NEWS: "I will be attending the University of Texas" ~ @Tyler16Atkinson #PMSLive The Longhorns, who had the No. 1-ranked recruiting class nationally last offseason, improved to the No. 8 team ranking with the addition of Atkinson to their 2026 cycle. He's Texas' third five-star commit of the class, joining quarterback Dia Bell and edge rusher Richard Wesley. Atkinson took his final official visit of the summer to Texas on June 20, after also visiting Georgia (June 13), Oregon (June 6) and Clemson (May 30) in consecutive weeks. Atkinson was the highest-rated uncommitted player of the 2026 class until he chose Texas, now handing off the honors to edge rusher Anthony Jones, the No. 16-ranked player nationally.
USA Today
11-07-2025
- Sport
- USA Today
Coincidence? Baylor football has four 'Jamarion' commits in 2026 recruiting class
Baylor football has assembled quite the recruiting class for the 2026 season: The class not only has talented players, but also a weird coincidence. The Bears gained a commitment from high-end four-star defensive lineman Jamarion Carlton on Thursday, July 10, which in of itself seems like a normal occurrence in the recruiting calendar. However, with his commitment, it marked the fourth player whose first name is "Jamarion" to join Baylor's 2026 recruiting class. REQUIRED READING: Kansas State thinking College Football Playoff after Avery Johnson declined NIL offers Carlton joins four-star cornerback Jamarion Vincent, three-star linebacker Jamarion Phillips and three-star cornerback Jamarion Richardson, all of whom hail from Texas. There also aren't many instances of players named Jamarion in the sports world, outside of Alabama running back Jamarion "Jam" Miller, or NBA G-Leaguer Jamarion Sharp, who played collegiately at Western Kentucky. There are only eight players named Jamarion in 247Sports' database for 2026, seven of whom have reported scholarship offers and two of whom aren't rated on the star system. The only other player named Jamarion who has publicly committed is four-star edge rusher Jamarion Matthews, who committed to Alabama. According to the Social Security Administration, the name Jamarion peaked as the 418th-most popular male name in 2005. Jamarion didn't rank within the top 1,000 for any year after 2020 in terms of popularity. In short, the chances of the coincidence are incredibly slim. who wants to add to the Jamarion gauntlet? #JamarionU Carlton became the school's fourth highest-rated recruit ever upon his commitment, as he ranks as the nation's No. 39 overall player, according to 247Sports' Composite rankings. He's also the No. 4 defensive lineman and No. 5 player in Texas. Vincent is also a top-end recruit, tabbed as the No. 189 player in the country and No. 18 cornerback. He's the No. 11-ranked player in Baylor history. Here's a look at how each of the Baylor commits ranks, according to 247Sports Composite: It's not the first time there has been a glitch-in-the-matrix type roster coincidence. The Dallas Mavericks of the NBA had three players (J.J. Barea, Deron Williams, Raymond Felton) with the same birthday of June 26, 1984. They were also all point guards. Baylor's 2026 recruiting class, which ranks 39th nationally with 15 commits, might just be defined by how the Jamarions perform in their college careers.
