By Ryan Vlastelica NEW YORK (Reuters) – Stock markets around the world edged higher on Tuesday on investor hopes for economic stimulus from the European Central Bank, though Wall Street turned negative as crude oil continued to fall. Oil hit a near six-year low as the United Arab Emirates defended OPEC’s decision not to cut Read More
Author: Nasdaq Futures
By Caroline Valetkevitch NEW YORK (Reuters) – U.S. stocks fell in afternoon trading on Tuesday, reversing earlier gains, led by a drop in materials and energy shares. The S&P 500 around midday broke below its 50-day moving average, triggering further selling. The major indexes had all been up more than 1 percent earlier. Shares of Read More
By Chuck Mikolajczak NEW YORK (Reuters) – U.S. stocks rallied on Tuesday to bounce from a two-day decline as financial results from Alcoa helped ease some investor worry regarding the corporate earnings season. Alcoa Inc (AA.N) reported a higher-than-expected quarterly profit due to automotive demand, higher aluminum prices and lower energy costs. The stock opened Read More
By Ryan Vlastelica NEW YORK (Reuters) – Stock markets around the world mostly fell on Monday as oil prices showed no sign of breaking their prolonged downward spiral, prompting further losses in beleaguered energy shares. Losses were broad in the U.S. equity market, with eight of the 10 primary S&P 500 sectors down. Energy <.SPNY> Read More
U.S. stocks declined on Monday, erasing opening gains, as worries about the falling price of oil overrode enthusiasm that came with a bout of corporate deal making. “Goldman’s negative outlook on oil is putting oil on its knees; we’re at a new low here for the year,” Peter Cardillo, chief market economist at Rockwell Global Read More
By Chuck Mikolajczak NEW YORK (Reuters) – U.S. stocks lost ground on Monday, extending a two-week decline for equities, as weakness in oil prices weighed on the energy sector ahead of the start of corporate earnings season. Oil prices continued their downward march and were a drag on equities. Brent <LCOc1> was down more than Read More
By Chuck Mikolajczak NEW YORK (Reuters) – U.S. stocks fell on Monday, extending a two-week decline for equities, as weakness in oil prices weighed on the energy sector ahead of the start of corporate earnings season. Oil prices continued their downward march and weighed on equities, with both Brent (LCOc1) and U.S. crude (CLc1) down Read More
NEW YORK (Reuters) – U.S. stocks opened modestly higher on Monday, after a two-week decline pushed the S&P 500 back into negative territory for the year, as investors anticipated the start of the corporate earnings season. The Dow Jones industrial average (.DJI) rose 44.76 points, or 0.25 percent, to 17,782.13, the S&P 500 (.SPX) gained Read More
By Wayne Cole SYDNEY (Reuters) – The U.S. dollar took an early dip on Monday as Asian investors caught up with a benign payrolls report and the subsequent slide in Treasury yields, though turnover was light with Tokyo on holiday. Share markets were opening lower following a soft finish on Wall Street though sentiment was Read More
By Herbert Lash NEW YORK (Reuters) – The dollar eased on Friday after a U.S. labor market report suggested a go-slow approach to raising interest rates, while global equity markets fell on more weak data from Europe, adding to worries about tepid growth around the world. Crude oil slipped under $ 50 a barrel as Read More