January 2015

U.S. stocks surged on Thursday, extending the prior day’s robust gains, as the price of oil steadied and on thinking the Federal Reserve and the European Central Bank would buttress the global economy.Comments late Wednesday by Fed Bank of Chicago President Charles Evans helped the bullish slant, with Evans saying he did not believe the Read More

U.S. stocks surged on Thursday, extending the prior day’s robust gains, as the price of oil steadied and on thinking the Federal Reserve and the European Central Bank would buttress the global economy. Comments late Wednesday by Fed Bank of Chicago President Charles Evans helped the bullish slant, with Evans saying he did not believe Read More

By Chuck Mikolajczak NEW YORK (Reuters) – U.S. stocks climbed on Thursday, after equities snapped a five-day losing skid and data pointed to a labor market that continued to strengthen. The advance was broad, with 8 of the 10 major S&P sectors gaining at least 1 percent. Initial claims for state unemployment benefits were slightly Read More

By Rodrigo Campos NEW YORK (Reuters) – U.S. stocks bounced back on Wednesday after five sessions of losses, following strong private sector jobs data and as deflation concerns in the euro zone were seen pushing the bloc’s central bank into action. European shares gained more than 1 percent on bets the first negative inflation in Read More

U.S. stocks jumped on Wednesday, with the S&P 500 rebounding from a five-session dive, after positive data on the labor market and as investors mulled minutes from the Federal Reserve. “We had a solid jobs number from ADP, and Monsanto (MON) is officially company number 18 on the fourth-quarter earnings clock. Of those 18, Read More

By Richard Leong NEW YORK (Reuters) – U.S. and European stock prices rose on Wednesday on hopes the European Central Bank would embark on more stimulus soon to avert deflation in the euro zone, as Brent oil slipped below $ 50 a barrel for the first time in nearly six years. The stunning drop in Read More

U.S. stocks jumped on Wednesday, with the S&P 500 rebounding from a five-session dive, after positive data on the labor market and as investors bet minutes from the Federal Reserve would signal ongoing stimulus. “We had a solid jobs number from ADP, and Monsanto (MON) is officially company number 18 on the fourth-quarter earnings clock. Read More

By Rodrigo Campos NEW YORK (Reuters) – U.S. stocks bounced back on Wednesday after five sessions of losses, following strong private sector jobs data and as deflation concerns in the euro zone were seen pushing the bloc’s central bank into action. European shares ended up, though far from session highs, on bets the first negative Read More

By Wayne Cole SYDNEY (Reuters) – Asian share markets slipped while the euro hit a nine-year trough on Wednesday as collapsing oil prices and worries about the world economy drove skittish investors into the arms of safe havens such as the yen and sovereign debt. From Japan to Germany to Australia, government borrowing costs reached Read More

By Chuck Mikolajczak NEW YORK (Reuters) – U.S. stocks fell on Tuesday in choppy trading, extending losses a day after Wall Street suffered its biggest drop since early October as data showed the pace of growth in the U.S. economy had slowed. After unexpectedly strong third-quarter economic growth, data on Tuesday pointed to slowing growth Read More