News

By Ryan Vlastelica NEW YORK (Reuters) – U.S. stocks fell on Tuesday after the International Monetary Fund lowered its growth forecasts for 2015 and 2016, though the move spurred hopes that central banks would take more aggressive policy stances to accelerate economic improvement. The lower forecasts implied less demand for fuel through 2016, contributing to Read More

By Wayne Cole SYDNEY (Reuters) – Asian share markets were looking to edge higher on Monday, though anxious investors were wary of being disappointed yet again by economic news from China and policy stimulus in the euro zone. A holiday in the United States could make for thin conditions at the start of a week Read More

By Chuck Mikolajczak NEW YORK (Reuters) – U.S. stocks bounced back after five sessions of losses on Friday along with a sharp rebound in energy shares, following data signaling the U.S. economy was on track for solid growth. U.S. consumer sentiment hit its highest in 11 years in January, while factory output rose last month, Read More

By Herbert Lash NEW YORK (Reuters) – Stocks on Wall Street rebounded on Friday on renewed signs of solid growth and as U.S. consumer sentiment hit a high last seen in 2004, while the euro slid further against the dollar in the wake of Switzerland’s move to ditch its currency cap. Crude prices rallied more Read More

U.S. stocks turned higher on Friday, with energy leading gains as U.S. crude rose more than 3 percent and data had the cost of living falling by the most in half a dozen years and consumer sentiment coming in better than expected. Intel (INTC) turned lower after the maker of computer chips reported quarterly results; Read More

Asian stock market appear set for a lower open on the final trading of the week, tracking U.S. losses overnight after disappointing bank earnings and amid oil’s continued price slump. Australia’s key S&P ASX 200 (^AXJO) index slipped 0.5 percent in early trade, while the Australian dollar inched down 0.1 percent to fetch $ 0.8205 Read More

By Caroline Valetkevitch NEW YORK (Reuters) – U.S. stocks fell in afternoon trading Thursday, putting them on track for a fifth day of losses, as bank results disappointed and investors fretted over the potential impact of global economic weakness on U.S. earnings. Oil prices <CLc1> settled down more than 4 percent after weak U.S. economic Read More

U.S. stocks declined for a fourth session on Wednesday as December retail sales failed to live up to expectations and investors worried about global economic growth. Stocks came off session lows as crude reversed higher and after the release of the Federal Reserve’s Beige Book, which had central bankers expressing hopes for better U.S. Read More

By Caroline Valetkevitch NEW YORK (Reuters) – U.S. stocks fell on Wednesday, on track for a fourth day of losses, as a World Bank forecast sparked concerns about weak economies and December U.S. retail sales missed expectations. The S&P 500 broke below its 120-day moving average, a technical support level, and came within about 4 Read More

U.S. stocks opened in sharp decline on Wednesday, continuing losses into a fourth day, as an intensifying thrashing of commodities and disappointing retail sales increased worry that the global economy is slowing. ” Although consumers are saving at the pump, it doesn’t look like they are spending it at the stores; retail sales are an Read More