By Wayne Cole SYDNEY (Reuters) – Asian shares moved higher on Tuesday and the euro clung to rare gains, relieved that European markets had weathered Greece’s election outcome without much disruption. Bad weather in the United States curbed activity on Wall Street in a busy week for earnings, while investors had reason for caution as Read More
Author: Nasdaq Futures
By Caroline Valetkevitch NEW YORK (Reuters) – The euro steadied after losing ground on Monday, suggesting confidence in the ECB’s new money-printing program despite Greek election winner Syriza’s pledge to take on international lenders. The victory by the Syriza party spurred concern over fresh instability in the euro zone, even as the possibility of Greece Read More
By Ryan Vlastelica NEW YORK (Reuters) – U.S. stocks were little changed on Monday after a decisive Greek election victory by the Syriza party spurred concern over fresh instability in the euro zone, even as the possibility of Greece leaving the bloc was considered remote. The leftist Syriza party looked set to take on Greece’s Read More
U.S. stocks fell on Monday, with telecommunications leading the drop, as investors considered the results from Greek elections and winter weather on the East Coast.In Greece, the anti-austerity Syriza party won 149 out of a 300 possible seats in Parliament.The market had “already discounted an anti-austerity vote, and the lower euro should boost manufacturing and Read More
By Michael Connor NEW YORK (Reuters) – European stocks hit seven-year highs on Friday, continuing a rally ignited by the European Central Bank’s plan for massive regional economic stimuli that also knocked the euro to fresh 11-year lows. Wall Street fell on soft corporate earnings news after the S&P 500 had rallied 1.5 percent on Read More
By Michael Connor NEW YORK (Reuters) – The European Central Bank’s plan to pump out about 1 trillion euros to revive the euro zone economy kept stocks in the region on track for their best week since 2011 but knocked the shared currency to fresh 11-year lows. Wall Street, which rallied 1.5 percent on Thursday’s Read More
NEW YORK (Reuters) – U.S. stock opened little changed on Friday, as some weak corporate earnings took the steam out of a four-session winning streak. The Dow Jones industrial average <.DJI> fell 12.2 points, or 0.07 percent, to 17,801.78, the S&P 500 <.SPX> lost 1.33 points, or 0.06 percent, to 2,061.82 and the Nasdaq Composite Read More
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U.S. stocks climbed on Thursday, extending gains into a fourth session, after the European Central Bank unfurled expanded stimulus and companies including Southwest Airlines (LUV) posted upbeat quarterly earnings. “We’re pleased. There was always concern the ECB would disappoint, so we’re pleased with size of the proposed actions, and the structure of it. There are Read More
By Michael Connor NEW YORK (Reuters) – Wall Street jumped and European shares climbed to a seven-year high on Thursday as world markets cheered a European Central Bank stimulus program worth more than one trillion euros, while the euro slipped to an 11-year low. Investors readying for a rise in global liquidity initially lifted U.S. Read More