By Wayne Cole SYDNEY (Reuters) – Asian share markets crept higher on Tuesday as Tokyo scored another 15-year peak, though gains were hostage to what Federal Reserve Chair Janet Yellen might say later in the day about the likely lift-off date for U.S. rate hikes. Moves were mostly modest and MSCI’s broadest index of Asia-Pacific Read More
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It has taken an amazing 15 years for the Nasdaq (.IXIC) to reach new highs, and now Jim Cramer is hearing chatter of a new bubble forming. So, what? “First, let me just say that it does your career no harm to call this move a bubble. If the market implodes, Read More
By Wayne Cole SYDNEY (Reuters) – Caution shrouded Asian markets on Tuesday as investors fretted over what Federal Reserve Chair Janet Yellen might say on the likely lift-off date for policy tightening later in the session. Moves were marginal at best and MSCI’s broadest index of Asia-Pacific shares outside Japan <.MIAPJ0000PUS> inched down 0.1 percent. Read More
By Caroline Valetkevitch NEW YORK (Reuters) – The Nasdaq ended higher on Monday for a ninth straight day following gains in Apple <AAPL.O>, while the Dow and S&P 500 eased off recent record highs as lower oil prices dragged down energy shares. Nasdaq’s winning run was its longest since September 2010, putting the index closer Read More
Stocks traded marginally lower through the first half of the session today. It seems investors will have to wait at least another day for that big round 5000 on the Nasdaq (^IXIC). It would seem oil, down below the $ 50 a barrel mark is putting pressure on energy stocks which is driving the broader Read More
By Herbert Lash NEW YORK (Reuters) – U.S. stocks slipped from all-time highs on Monday, pulled lower by a sharp drop in crude oil prices, while European shares rallied on the conditional financial rescue for Greece hammered out at the end of last week. Yields on low-rated euro zone government bonds fell as the agreement Read More
Stocks are struggling to move higher this morning after last week’s record run and ahead of Fed Chair Janet Yellen’s testimony to Congress tomorrow. The Nasdaq (^IXIC) is the one index everyone is keeping close tabs on as it closes in on the 5,000 mark. Yahoo Finance’s Jeff Macke says anything except Greece will be Read More
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
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