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
News
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
Netflix (NASDAQ: NFLX) is the best-performing stock on the Nasdaq (NASDAQ: .IXIC) this year, outdoing the likes of Apple (NASDAQ: AAPL) and Amazon (NASDAQ: AMZN). But it’s not time to buy in yet, SunTrust Robinson Humphrey analyst Robert Peck told CNBC on Wednesday. Shares of Netflix are up 37 percent year to date at about Read More
Futures are slightly lower in whisper quiet trading after the S&P 500 (^GSPC) set its second all-time record in as many days with a close right at the 2100 level Tuesday. Here are three things to watch as trading gets underway. #1 No matter what you hear from less-reliable people in my line of work Read More
Asian markets enjoyed a higher open on Wednesday, with Tokyo shares at a fresh eight-year high, following a positive lead from Wall Street overnight. However, trading volumes will likely be light ahead of the Lunar New Year holiday, with markets in China, Taiwan and South Korea shuttered. Singapore and Malaysia will be open for a Read More