By Michael Connor NEW YORK (Reuters) – European stocks hit seven-year highs on Friday, continuing a rally ignited by the European Central Bank’s plan for massive regional economic stimuli that also knocked the euro to 11-year lows. Wall Street mostly fell on soft corporate earnings news after the S&P 500 rallied 1.5 percent on Thursday Read More
News
U.S. stocks climbed on Wednesday, a day after the S&P 500 took its biggest hit in more than three weeks, as upbeat earnings from companies including Apple (AAPL) boosted investor sentiment. Boeing (BA) rose in early New York trading after the jet manufacturer and Dow component posted quarterly profit that surpassed estimates; Yahoo (YHOO) Read More
NEW YORK (Reuters) – U.S. stocks rose at the open on Wednesday, boosted by earnings from Apple and Boeing, but focus could shift later in the day to the Federal Reserve’s first two-day policy meeting of the year. The Dow Jones industrial average <.DJI> rose 30.34 points, or 0.17 percent, to 17,417.55, the S&P 500 Read More
By Wayne Cole and Hideyuki Sano SYDNEY/TOKYO (Reuters) – Asian stock markets followed Wall Street into the red on Wednesday, while the dollar was on edge following speculation the Federal Reserve could take a dovish turn in its post-meeting statement later in the session. Apple Inc provided some relief after the bell as record sales Read More
Asian stock markets endured modest losses on Wednesday as a negative lead from Wall Street damped the previous session’s relief rally over the Greek elections. U.S. stocks were sold off on Tuesday on the back of weak economic data and disappointing corporate earnings, with the Dow Jones Industrial Average (Dow Jones Global Indexes: .DJI) and Read More
U.S. stocks dropped sharply on Tuesday as corporations reported earnings that disappointed and orders for U.S. business equipment unexpectedly declined in December. “If you live in the northeast, and you work from home, you’re trying to figure out why the market is down 400 points,” Art Hogan, market strategist at Wunderlich Securities, referring to the Read More
NEW YORK (Reuters) – U.S. stocks opened sharply lower on Tuesday, with Microsoft and Caterpillar shares tumbling after both posted earnings, while an unexpected decline in durable goods orders also weighed on sentiment. The Dow Jones industrial average <.DJI> fell 222.56 points, or 1.26 percent, to 17,456.14, the S&P 500 <.SPX> lost 19.29 points, or Read More
By Wayne Cole SYDNEY (Reuters) – Asian shares moved higher on Tuesday and the euro clung to rare gains, relieved that European markets had weathered Greece’s election outcome without much disruption. Bad weather in the United States curbed activity on Wall Street in a busy week for earnings, while investors had reason for caution as Read More
By Caroline Valetkevitch NEW YORK (Reuters) – The euro steadied after losing ground on Monday, suggesting confidence in the ECB’s new money-printing program despite Greek election winner Syriza’s pledge to take on international lenders. The victory by the Syriza party spurred concern over fresh instability in the euro zone, even as the possibility of Greece Read More
By Ryan Vlastelica NEW YORK (Reuters) – U.S. stocks were little changed on Monday after a decisive Greek election victory by the Syriza party spurred concern over fresh instability in the euro zone, even as the possibility of Greece leaving the bloc was considered remote. The leftist Syriza party looked set to take on Greece’s Read More