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
Author: Nasdaq Futures
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
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
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