Stocks traded marginally lower through the first half of the session today. It seems investors will have to wait at least another day for that big round 5000 on the Nasdaq (^IXIC). It would seem oil, down below the $ 50 a barrel mark is putting pressure on energy stocks which is driving the broader Read More
February 2015
By Herbert Lash NEW YORK (Reuters) – U.S. stocks slipped from all-time highs on Monday, pulled lower by a sharp drop in crude oil prices, while European shares rallied on the conditional financial rescue for Greece hammered out at the end of last week. Yields on low-rated euro zone government bonds fell as the agreement Read More
Stocks are struggling to move higher this morning after last week’s record run and ahead of Fed Chair Janet Yellen’s testimony to Congress tomorrow. The Nasdaq (^IXIC) is the one index everyone is keeping close tabs on as it closes in on the 5,000 mark. Yahoo Finance’s Jeff Macke says anything except Greece will be Read More
Asian markets rose on the first trading day of the Year of the Sheep, buoyed by a bailout deal between Greece and the euro zone last week. However, trading volumes remain light with China, Taiwan and Vietnam still closed for the Chinese New Year holiday. Wall Street set the positive mood by closing at highs Read More
By Herbert Lash NEW YORK (Reuters) – The euro rose against the dollar and global equity markets edged higher on Friday after a Greek government official said euro zone ministers and Greece agreed on a draft accord that could extend a loan agreement to help Greece avoid bankruptcy. However, officials stressed that there was as Read More
By Herbert Lash NEW YORK (Reuters) – The euro fell against the dollar and global equity markets were mostly lower on Friday, off record or multiyear highs, as investors remained cautious over negotiations for arranging a loan agreement that would help Greece avoid bankruptcy. Germany’s DAX index <.GDAXI> hit a new record intra-day high before Read More
Stocks are stepping further away from record levels as Greece meets once again with its creditors to try to iron out some kind of new deal on its debt. The Nasdaq (^IXIC) index is clearly the winner this week rising the past seven session in a row and closing in on the all-time high that Read More
By Sujata Rao LONDON (Reuters) – European share markets hovered near seven-year highs on Friday as investors grew more confident that euro zone finance ministers would reach a deal that would allow Greece to receive funding and stay in the euro zone. U.S. stock futures indicated a slightly firmer opening on Wall Street, with the Read More
Asian equities were mixed on the last trading day of the week as traders are playing wait-and-see whether Greece will apply for an extension of its bailout program before the Friday deadline. “Expectations are fairly high that an agreement can be reached. While this is only a short-term solution in preparation for deeper negotiations in Read More
The major stock indices (^GSPC, ^IXIC, ^DJI) were mixed in the first half of today’s session, recovering from steep early losses. Germany rejected Greece’s request for an extension on its bailout and oil prices were down, but off the lows of the session after the Energy Information Association report showed inventories rose more than expected. Read More