By Caroline Valetkevitch NEW YORK (Reuters) – U.S. stocks fell in afternoon trading Thursday, putting them on track for a fifth day of losses, as bank results disappointed and investors fretted over the potential impact of global economic weakness on U.S. earnings. Oil prices <CLc1> settled down more than 4 percent after weak U.S. economic Read More
January 2015
U.S. stocks declined for a fourth session on Wednesday as December retail sales failed to live up to expectations and investors worried about global economic growth. Stocks came off session lows as crude reversed higher and after the release of the Federal Reserve’s Beige Book, which had central bankers expressing hopes for better U.S. Read More
By Caroline Valetkevitch NEW YORK (Reuters) – U.S. stocks fell on Wednesday, on track for a fourth day of losses, as a World Bank forecast sparked concerns about weak economies and December U.S. retail sales missed expectations. The S&P 500 broke below its 120-day moving average, a technical support level, and came within about 4 Read More
U.S. stocks opened in sharp decline on Wednesday, continuing losses into a fourth day, as an intensifying thrashing of commodities and disappointing retail sales increased worry that the global economy is slowing. ” Although consumers are saving at the pump, it doesn’t look like they are spending it at the stores; retail sales are an Read More
By Wayne Cole SYDNEY (Reuters) – Concerns about the global economy battered commodities and kept Asian equities subdued on Wednesday, while the euro was pinned near nine-year lows as investors bet the European Central Bank was just a week away from launching a new stimulus campaign. Copper futures suddenly plunged 6.3 percent to $ 5,489 Read More
By Ryan Vlastelica NEW YORK (Reuters) – Stock markets around the world edged higher on Tuesday on investor hopes for economic stimulus from the European Central Bank, though Wall Street turned negative as crude oil continued to fall. Oil hit a near six-year low as the United Arab Emirates defended OPEC’s decision not to cut Read More
By Caroline Valetkevitch NEW YORK (Reuters) – U.S. stocks fell in afternoon trading on Tuesday, reversing earlier gains, led by a drop in materials and energy shares. The S&P 500 around midday broke below its 50-day moving average, triggering further selling. The major indexes had all been up more than 1 percent earlier. Shares of Read More
By Chuck Mikolajczak NEW YORK (Reuters) – U.S. stocks rallied on Tuesday to bounce from a two-day decline as financial results from Alcoa helped ease some investor worry regarding the corporate earnings season. Alcoa Inc (AA.N) reported a higher-than-expected quarterly profit due to automotive demand, higher aluminum prices and lower energy costs. The stock opened Read More
By Ryan Vlastelica NEW YORK (Reuters) – Stock markets around the world mostly fell on Monday as oil prices showed no sign of breaking their prolonged downward spiral, prompting further losses in beleaguered energy shares. Losses were broad in the U.S. equity market, with eight of the 10 primary S&P 500 sectors down. Energy <.SPNY> Read More
U.S. stocks declined on Monday, erasing opening gains, as worries about the falling price of oil overrode enthusiasm that came with a bout of corporate deal making. “Goldman’s negative outlook on oil is putting oil on its knees; we’re at a new low here for the year,” Peter Cardillo, chief market economist at Rockwell Global Read More