Global Markets

Wall Street opens flat after S&P's record close  

01 Apr 2013, 9.01 pm  |  Source: Reuters

US stocks opened flat on Monday as investors found few reasons to keep pushing shares higher with both the Dow and S&P 500 coming off record closing h...

Nikkei falls to 3-week low on profit-taking; BOJ meet eyed  

01 Apr 2013, 3.39 pm  |  Source: Reuters

Japan's Nikkei share average fell to a three-week low on Monday as investors took profits in stocks such as exporters and financials that had gained i...

Eurozone crisis certainly not over: Chris Wood  

01 Apr 2013, 8.39 am  |  Source: Moneycontrol.com

The Eurozone crisis is certainly not over. The final deal on Cyprus is vastly superior to what had been announced a week earlier and there is a proper...

S&P 500 sets new record closing on positive data  

01 Apr 2013, 8.37 am  |  Source: Moneycontrol.com

S&P 500 set at new record closing at 1569 on Thursday on the back of the positive US data. The consumer spending went up 0.7% in February and consumer...

S&P 500 closes at new record, ends strong quarter  

30 Mar 2013, 4.08 pm  |  Source: Reuters

The S&P 500 set a record closing high on Thursday, finishing a fifth consecutive month of gains to extend a four-year long rally....

Wall St Week Ahead: Pullback possible after S&P's milestone  

30 Mar 2013, 1.41 pm  |  Source: Reuters

After flirting with an all-time high for three weeks, the S&P 500 posted its best closing level in history. But some strategists say Thursday's record...

Indian ADRs: Tata Comm up 5.2%, ICICI Bank up 4.2%  

29 Mar 2013, 9.15 am  |  Source: Moneycontrol.com

Indian ADRs ended higher on Thursday. In the Banking space, ICICI Bank was up 4.23% at USD 42.9 and HDFC Bank was up 1.68% at USD 37.42. In the Teleco...

Asia trading mixed; Shanghai Composite up, Nikkei flat  

29 Mar 2013, 9.14 am  |  Source: Moneycontrol.com

At 8: 52 am (IST), Asian markets were trading mixed. Shanghai Composite was up 0.37%, Nikkei was flat at 12,331.44, Seoul Composite gained 0.67% and T...

S&P 500 ends at record closing high  

29 Mar 2013, 9.13 am  |  Source: Reuters

The S&P 500 set a record closing high on Thursday, finishing a fifth consecutive month of gains to extend a four-year rally....

Wall St edges higher as S&P 500 tops record close  

28 Mar 2013, 9.47 pm  |  Source: Reuters

US stocks edged higher on Thursday, with the S&P 500 rising just above its record closing high, which has acted as a significant resistance point in r...

Nikkei falls 1.3% as profit-taking hits exporters  

28 Mar 2013, 3.01 pm  |  Source: Reuters

Japan's Nikkei share average fell to a one-week closing low on Thursday as concerns about Italy's funding costs and the rescue deal for Cyprus prompte...

Expect European market, euro to head lower: NAB   

28 Mar 2013, 2.02 pm  |  Source: CNBC-TV18

“There is a good chance that we head lower both in terms of the European currency and indeed for European markets,” says Nick Parsons of National ...

Global markets down on Italy, Cyprus concerns  

28 Mar 2013, 9.50 am  |  Source: CNBC-TV18

The US equity markets recovered from day's lows to end mixed on Wednesday, but investors were still worried about the chance of a run on Cypriot banks...

Indian ADRs: Wipro, Dr Reddy down; ICICI Bank up  

28 Mar 2013, 8.46 am  |  Source: Moneycontrol.com

Indian ADRs ended mixed on Wednesday. In the IT space, Wipro was down 1.31% at USD 9.81 and Infosys was up 0.19% at USD 52.73....

Wall Street ends flat on late buying, Cyprus woes linger  

28 Mar 2013, 8.02 am  |  Source: Reuters

US stocks rebounded from early declines to close little changed on Wednesday, but investors were still worried about the chance of a run on Cypriot ba...

Asian shares ease on Italy, Cyprus worries  

28 Mar 2013, 7.53 am  |  Source: Reuters

Asian shares eased and the euro remained under pressure on Thursday as investors fretted over the euro zone after a weak debt auction in Italy and the...

Global stocks, euro fall on fears of wider euro zone woes  

27 Mar 2013, 10.36 pm  |  Source: Reuters

Major stock markets fell and the euro slumped to a four-month low against the dollar on Wednesday, hit by a disappointing Italian bond auction and con...

Data lifts Dow to a record, S&P near record close  

27 Mar 2013, 8.39 am  |  Source: Reuters

Stocks rallied on Tuesday, with the Dow climbing more than 100 points to another record close and the S&P 500 coming within striking distance of its a...

Asian shares, euro steady after US data  

27 Mar 2013, 8.37 am  |  Source: Reuters

Asian shares and the euro steadied on Wednesday as positive US data pointed to a continuing moderate recovery in the economy, offsetting uncertainties...

Wall St gains on economy, S&P 500 record still eludes  

26 Mar 2013, 10.02 pm  |  Source: Reuters

US stocks rose on Tuesday, putting the S&P 500 within striking distance of its all-time high, as strong data on home prices pointed to an economy that...

European shares, euro inch up after Cyprus bailout  

26 Mar 2013, 5.37 pm  |  Source: Reuters

European shares and the euro inched higher on Tuesday, although gains were limited by fears that Cyprus's raid on bank deposits could become the templ...

StanChart Bank does not see more Cyprus-like bailouts ahead   

26 Mar 2013, 12.35 pm  |  Source: CNBC-TV18

Sarah Hewin of Standard Chartered Bank does not think the Cyprus situation of bailout could be repeated as every country has its own particular set of...

IOB, OBC, Syndicate Bank fall on Moody's downgrades  

26 Mar 2013, 12.23 pm  |  Source: Reuters

Shares in Indian Overseas Bank Ltd (IOB) , Syndicate Bank Ltd and Oriental Bank of Commerce Ltd (OBC) fall after Moody's Investors Service on Monday d...

Indian ADRs: Tata Comm, Sterlite down 2%, Tata Motors up  

26 Mar 2013, 8.59 am  |  Source: Moneycontrol.com

Indian ADRs ended lower on Monday. In the IT space, Wipro was down 0.3% at USD 9.88 and Infosys was down 0.15% at USD 52.29....

Wall Street ends lower on renewed Cyprus worries  

26 Mar 2013, 7.57 am  |  Source: Reuters

US stocks fell on Monday on renewed concerns about the developments in Cyprus and the euro zone, which wiped away earlier gains that drove the S&P 500...

Asian shares, euro spooked by Cyprus bailout details  

26 Mar 2013, 7.57 am  |  Source: Reuters

Asian shares fell and the euro was capped on Tuesday as investors contemplated potential flow-on risks from the Cyprus bailout scheme....

Investors' fears of euro zone breakup rise in March: Survey  

25 Mar 2013, 7.07 pm  |  Source: Reuters

The number of investors who believe a member of the euro zone will quit the single currency bloc over the next year rose to the highest level this mon...

Mecklai: Will Japan adopt dovish or hawkish stance?  

25 Mar 2013, 6.52 pm  |  Source: Moneycontrol.com

Mecklai Graph: Japan, which has been primarily an export driven economy, has been in trade deficit consecutively for past 8 months. The merchandise tr...

Asian shares rise on revamped Cyprus deal  

25 Mar 2013, 9.38 am  |  Source: Reuters

The euro and Asian shares rose on Monday after Cyprus did a last-ditch deal with international lenders for a 10 billion euro bailout hours before a de...

Globe check: Cyprus fades, but more EU issues seen ahead  

25 Mar 2013, 8.32 am  |  Source: CNBC-TV18

The US markets closed higher on Friday as worries over Cyprus diminished. Still, major averages still finished in the red for the week, with the Dow s...