By Herbert Lash NEW YORK (Reuters) – The euro rebounded on Tuesday and global equity markets recovered to trade near break-even on signs Greek banks will continue to get emergency funding despite a breakdown in debt talks between Athens and euro zone finance ministers. Stocks on Wall Street pared early losses on news Greece said Read More
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By Caroline Valetkevitch NEW YORK (Reuters) – U.S. stocks inched higher on Tuesday, pushing the S&P 500 above 2,100 to another record intraday high as optimism grew that a debt deal would be reached with Greece. A source told Reuters that Greece intends to ask for an extension of a loan agreement tomorrow. The report Read More
Happy Fat Tuesday for those of you who made it into work this morning and all the rest of you watching from vacation. Here are the three things that matter this week as far as your portfolio is concerned. U.,S. stocks were weak overnight but are rallying this morning. The bad news was that the Read More
By Wayne Cole SYDNEY (Reuters) – Most Asian share markets were fractionally higher on Monday following a record close on Wall Street, with investors cautiously optimistic the European Union would make progress this week on a debt deal with Greece. Oil prices extended their bounce as Brent topped $ 62 a barrel, while the major Read More
By Sinead Carew NEW YORK (Reuters) – The S&P 500 index closed at a record high on Friday, as energy shares gained with oil prices, while the Nasdaq composite index (.IXIC) hit a 15-year high helped by technology stocks. Equities rallied this week after a ceasefire agreement between Ukraine and Russia and apparent progress toward Read More
The livestream is finished. Video on demand will be available soon. Stocks pushed into record territory again Friday, with the S&P 500 (^GSPC) hitting a new all-time high of 2094.74 in midday trading. The Dow (^DJI) crossed above 18,000 and the Nasdaq (^IXIC) hit multi-year highs. Investors apparently were encouraged by signs of improving economic Read More
By Sam Forgione NEW YORK (Reuters) – Stock markets worldwide rose on Friday on stronger-than-expected German economic growth data and optimism that Greece could reach a deal with its creditors, while oil prices gained on signs that excess supply may ebb. Germany grew 0.7 percent in the fourth quarter, more than double the expected 0.3 Read More
Happy Friday the 13th! Let’s cut to the chase: here are three things you need to know ahead of the last trading day of the week. Superstition be damned, today is all about hope over experience in Europe where the German DAX (^GDAXI) hit record highs and punched over 11,000 for the first time ever. Read More
By Chuck Mikolajczak NEW YORK (Reuters) – U.S. stock index futures inched higher on Friday, with gains in the prior session having moved the S&P 500 to within 2 points of a closing record, after upbeat economic data from Germany and ahead of a reading on U.S. consumer confidence. * Germany grew 0.7 percent in Read More
Enough of all the negative chatter, Jim Cramer would rather take a look at the stocks that are actually working right now. These are the stocks behind the Dow (Dow Jones Global Indexes: .DJI) closing right on the brink of 18,000 and NASDAQ (NASDAQ: .IXIC) hitting a 15 year high on Thursday. One stock that Read More