U.S. stocks surged for a second day on Thursday, with the Dow turning higher for the year, as the price of oil steadied and on thinking the Federal Reserve and the European Central Bank would buttress the global economy. The CBOE Volatility Index (^VIX), a measure of investor uncertainty, fell 12 percent to 17.09. Comments Read More
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By Herbert Lash LONDON (Reuters) – Global equity markets surged and the dollar hit a nine-year high on Thursday, lifted by the Federal Reserve’s confidence in the U.S. economy and hopes of aggressive new stimulus in Europe. Stocks on Wall Street rose about 1.7 percent and in Europe equities jumped close to 3 percent as Read More
U.S. stocks surged on Thursday, extending the prior day’s robust gains, as the price of oil steadied and on thinking the Federal Reserve and the European Central Bank would buttress the global economy.Comments late Wednesday by Fed Bank of Chicago President Charles Evans helped the bullish slant, with Evans saying he did not believe the Read More
U.S. stocks surged on Thursday, extending the prior day’s robust gains, as the price of oil steadied and on thinking the Federal Reserve and the European Central Bank would buttress the global economy. Comments late Wednesday by Fed Bank of Chicago President Charles Evans helped the bullish slant, with Evans saying he did not believe Read More
By Chuck Mikolajczak NEW YORK (Reuters) – U.S. stocks climbed on Thursday, after equities snapped a five-day losing skid and data pointed to a labor market that continued to strengthen. The advance was broad, with 8 of the 10 major S&P sectors gaining at least 1 percent. Initial claims for state unemployment benefits were slightly Read More
By Rodrigo Campos NEW YORK (Reuters) – U.S. stocks bounced back on Wednesday after five sessions of losses, following strong private sector jobs data and as deflation concerns in the euro zone were seen pushing the bloc’s central bank into action. European shares gained more than 1 percent on bets the first negative inflation in Read More
U.S. stocks jumped on Wednesday, with the S&P 500 rebounding from a five-session dive, after positive data on the labor market and as investors mulled minutes from the Federal Reserve. “We had a solid jobs number from ADP, and Monsanto (MON) is officially company number 18 on the fourth-quarter earnings clock. Of those 18, Read More
By Richard Leong NEW YORK (Reuters) – U.S. and European stock prices rose on Wednesday on hopes the European Central Bank would embark on more stimulus soon to avert deflation in the euro zone, as Brent oil slipped below $ 50 a barrel for the first time in nearly six years. The stunning drop in Read More
U.S. stocks jumped on Wednesday, with the S&P 500 rebounding from a five-session dive, after positive data on the labor market and as investors bet minutes from the Federal Reserve would signal ongoing stimulus. “We had a solid jobs number from ADP, and Monsanto (MON) is officially company number 18 on the fourth-quarter earnings clock. Read More
By Rodrigo Campos NEW YORK (Reuters) – U.S. stocks bounced back on Wednesday after five sessions of losses, following strong private sector jobs data and as deflation concerns in the euro zone were seen pushing the bloc’s central bank into action. European shares ended up, though far from session highs, on bets the first negative Read More