By Rodrigo Campos NEW YORK (Reuters) – U.S. stocks edged up in a choppy Wednesday session as traders digested reports that new stimulus would be announced by the European Central Bank at its Thursday meeting, while declines in IBM and Microsoft also limited the gains. Market participants have been looking for more aggressive measures from Read More
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By Michael Connor NEW YORK (Reuters) – European and U.S. equities rose on Wednesday, lifted by news reports that the European Central Bank will announce a massive bond-buying program to boost the euro zone’s flagging economy. U.S. Treasury yields declined and the euro rose against the dollar after news reports that the ECB, which will Read More
The return of the Nasdaq Composite Index (^IXIC) to 5,000-a level it has not seen since the dot-com bubble in March 2000-is coming sooner or later, but will it be significant? There will be a debate between investors who say, “The last time we were here, the market was overvalued and so we are going Read More
Asian equities appear set to kick off Wednesday on a positive note, tracking gains in the U.S. overnight, but shares may face volatility as oil prices continue to retreat. Australia’s key S&P ASX 200 index jumped nearly 1 percent in early trade, while the Australian dollar (Exchange:USDAUD=) ticked down 0.1 percent to buy $ 0.8160 Read More
U.S. stocks rose on Tuesday after switching direction multiple times during the session, as investors tracked the price of oil and fourth-quarter earnings from corporations including Johnson & Johnson (JNJ). “To some extent, investors feel adrift. They took a measure of assurance from the Federal Reserve’s guarantee through quantitative easing, and now that that’s gone, Read More
By Michael Connor NEW YORK (Reuters) – Equities rose worldwide on Tuesday, with Wall Street reversing early losses and the dollar climbing 1 percent against the Japanese yen, as diminishing global growth prospects bolstered hopes for central bank stimulus. Crude oil prices fell nearly 2 percent after the International Monetary Fund cut its 2015 global Read More
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