By Richard Leong NEW YORK (Reuters) – Stocks markets around the world reversed earlier gains on Thursday, with European equities retreating from seven-year highs, after Germany rejected a Greek proposal to extend its bailout and as oil prices dropped. Government borrowing costs fell across the euro zone, and the euro lost ground. Despite the German Read More
February 2015
NEW YORK (Reuters) – U.S. stocks were little changed at the open on Thursday, with major indexes near record levels, as investors continued to digest ongoing uncertainty over Greece. The Dow Jones industrial average <.DJI> fell 37.05 points, or 0.21 percent, to 17,992.8, the S&P 500 <.SPX> lost 3.14 points, or 0.15 percent, to 2,096.54 Read More
It’s back: the return of the Nasdaq Composite Index (NASDAQ: .IXIC) to 5,000, a level it has not seen since the dot-com bubble in March 2000. There will be a debate between investors who say, “The last time we were here, the market was overvalued and so we are going straight down,” and those who Read More
Netflix (NASDAQ: NFLX) is the best-performing stock on the Nasdaq (NASDAQ: .IXIC) this year, outdoing the likes of Apple (NASDAQ: AAPL) and Amazon (NASDAQ: AMZN). But it’s not time to buy in yet, SunTrust Robinson Humphrey analyst Robert Peck told CNBC on Wednesday. Shares of Netflix are up 37 percent year to date at about Read More
Futures are slightly lower in whisper quiet trading after the S&P 500 (^GSPC) set its second all-time record in as many days with a close right at the 2100 level Tuesday. Here are three things to watch as trading gets underway. #1 No matter what you hear from less-reliable people in my line of work Read More
Asian markets enjoyed a higher open on Wednesday, with Tokyo shares at a fresh eight-year high, following a positive lead from Wall Street overnight. However, trading volumes will likely be light ahead of the Lunar New Year holiday, with markets in China, Taiwan and South Korea shuttered. Singapore and Malaysia will be open for a Read More
By Herbert Lash NEW YORK (Reuters) – The euro rebounded on Tuesday and global equity markets recovered to trade near break-even on signs Greek banks will continue to get emergency funding despite a breakdown in debt talks between Athens and euro zone finance ministers. Stocks on Wall Street pared early losses on news Greece said Read More
By Caroline Valetkevitch NEW YORK (Reuters) – U.S. stocks inched higher on Tuesday, pushing the S&P 500 above 2,100 to another record intraday high as optimism grew that a debt deal would be reached with Greece. A source told Reuters that Greece intends to ask for an extension of a loan agreement tomorrow. The report Read More
Happy Fat Tuesday for those of you who made it into work this morning and all the rest of you watching from vacation. Here are the three things that matter this week as far as your portfolio is concerned. U.,S. stocks were weak overnight but are rallying this morning. The bad news was that the Read More
By Wayne Cole SYDNEY (Reuters) – Most Asian share markets were fractionally higher on Monday following a record close on Wall Street, with investors cautiously optimistic the European Union would make progress this week on a debt deal with Greece. Oil prices extended their bounce as Brent topped $ 62 a barrel, while the major Read More