By Richard Leong NEW YORK (Reuters) – U.S. and European stock prices rose on Wednesday on hopes the European Central Bank would embark on more stimulus soon to avert deflation in the euro zone, as Brent oil slipped below $ 50 a barrel for the first time in nearly six years. The stunning drop in Read More
Author: Nasdaq Futures
U.S. stocks jumped on Wednesday, with the S&P 500 rebounding from a five-session dive, after positive data on the labor market and as investors bet minutes from the Federal Reserve would signal ongoing stimulus. “We had a solid jobs number from ADP, and Monsanto (MON) is officially company number 18 on the fourth-quarter earnings clock. Read More
By Rodrigo Campos NEW YORK (Reuters) – U.S. stocks bounced back on Wednesday after five sessions of losses, following strong private sector jobs data and as deflation concerns in the euro zone were seen pushing the bloc’s central bank into action. European shares ended up, though far from session highs, on bets the first negative Read More
By Wayne Cole SYDNEY (Reuters) – Asian share markets slipped while the euro hit a nine-year trough on Wednesday as collapsing oil prices and worries about the world economy drove skittish investors into the arms of safe havens such as the yen and sovereign debt. From Japan to Germany to Australia, government borrowing costs reached Read More
By Chuck Mikolajczak NEW YORK (Reuters) – U.S. stocks fell on Tuesday in choppy trading, extending losses a day after Wall Street suffered its biggest drop since early October as data showed the pace of growth in the U.S. economy had slowed. After unexpectedly strong third-quarter economic growth, data on Tuesday pointed to slowing growth Read More
U.S. stocks dropped sharply on Tuesday, a day after the market’s biggest rout since October, as investors fretted the implications of crude’s failure to find a floor.”Oil hasn’t found a bottom yet, and that’s a concern for investors,” said Paul Nolte, senior vice president, portfolio manager at Kingsview Asset Management. Crude prices fell further, with Read More
By Richard Leong NEW YORK (Reuters) – U.S. and European stocks rose on Tuesday, rebounding from heavy losses tied to anxiety about tumbling oil prices and Greece possibly leaving the euro zone, while nervous investors bought more gold, yen, low-risk government bonds and other safe-haven assets. The oil market rout has continued into early 2015 Read More
By Sam Forgione NEW YORK (Reuters) – Equity markets worldwide tumbled on Monday, led by commodity-linked shares as oil prices fell to 5-1/2-year lows and investors fled to the safety of government bonds. Crude oil futures and U.S. crude prices dropped to their lowest levels since spring 2009, hit by a global supply glut and Read More
Caterpillar (CAT) is getting smacked down by nearly 4% adding considerably to the Dow’s (^DJI) pain. The earth moving machine maker was downgraded to underweight from neutral by analysts at JPMorgan (JPM). The team notes that crude is now down some 50% and that’s probably going to be a headwind for companies like CAT that Read More
By Rodrigo Campos NEW YORK (Reuters) – U.S. stocks fell on Monday, dragged down by commodity-linked shares as crude prices fell to fresh 5-1/2 year lows and a strong dollar also weighed on metals prices. Crude oil futures prices dropped to their lowest since May 2009 amid a global supply glut and lackluster demand. Russia’s Read More