Sep 04, 2013 09:16 AM IST
In the US, the Dow gave up much of a 120 points intra-day rally as Syrian fears escalated and markets still squeezed out small gains supported by positive economic data on Tuesday. European shares closed down in choppy trade.
- Sep 02, 2013 09:14 AM IST
Hang Seng rallied 1.9 percent while Nikkei and Straits Times were up 0.6 percent. However, Shanghai, Kospi and Taiwan Weighted fell marginally.
- Aug 31, 2013 09:01 AM IST
The S&P 500 fell 3.1 percent in August and lost 1.8 percent for the week in a third decline in the past four weeks. President Barack Obama said later he has not made a final decision on a response to Syria.
- Aug 19, 2013 09:06 AM IST
US stocks finished marginally lower in what was a lacklustre trading day, extending their losses for a third-straight session. Major indices posted their first back-to-back weekly losses since late June.
- Aug 17, 2013 08:44 AM IST
The S&P 500 utilities sector, down 1.1 percent, led the day's decline as the yield on the benchmark 10-year US Treasury note rose to a two-year high, making the highest dividend-paying stocks less attractive.
- Aug 16, 2013 09:14 AM IST
US markets finished near their session lows on Thursday, with the Dow dropping more than 200 points, as bond yields jumped to their highest level in two years. Asian markets were trading mixed; Shanghai gained 1.75 percent while Hang Seng rose 0.2 percent. Taiwan Weighted was up 0.55 percent.
- Aug 14, 2013 09:02 AM IST
European markets ended higher after Germany‘s closely-watched Zew indicator of economic sentiment came in at a highest since March. The important economic sentiment index for August climbed to 42.
- Aug 14, 2013 08:06 AM IST
Rising US retail sales in July, combined with a higher ZEW German sentiment index and euro zone industrial production, painted a rosier picture of the global economy. The data pushed US Treasury yields higher and homebuilder stocks fell in anticipation of higher mortgage rates.
- Aug 12, 2013 07:14 PM IST
The Dow Jones industrial average was down 60.28 points, or 0.39 percent, at 15,365.23.
- Aug 10, 2013 03:10 PM IST
The uncertainty around Fed's bond-buying program prompted investors to pull a record USD 3.27 billion out of US-based funds that hold Treasuries in the latest week
- Aug 09, 2013 09:04 AM IST
The three major US stock indexes shook off early losses as Microsoft shares climbed. The stock closed up 2.6 percent at USD 32.89 in heavy volume. The S&P information technology sector index rose 0.4 percent.
- Aug 08, 2013 08:36 AM IST
The euro stays above 1.33 to the dollar. The dollar index is around 81.30 levels and yen continues to strengthen versus the dollar, it is at currently sub 97 level.
- Aug 03, 2013 07:08 AM IST
The jobs report showed non-farm payrolls rose by 162,000 in July, below expectations, but the unemployment rate fell to 7.4 percent, its lowest since December 2008. The mixed data could make the Federal Reserve more cautious about scaling back its massive economic stimulus.
- Aug 02, 2013 09:24 AM IST
John Bolllinger believes the US Federal Reserve tapering off quantitative easing is a non-issue as the market has already tapered.
- Aug 02, 2013 09:13 AM IST
US markets closed at record highs propelling the S&P 500 above the 1,700 mark for the first time, as Wall Street cheered a round of upbeat economic data and ahead of the widely-watched government jobs report.
- Jul 25, 2013 09:08 AM IST
Asian markets were trading lower. China's Shanghai Composite was down 0.25 percent or 5.06 points at 2,028.27. In commodities, crude prices slip. Brent crude slips over a percent to 106 dollars on the back of weak Chinese economic data.
- Jul 24, 2013 09:13 AM IST
Asian markets were trading lower. China's Shanghai Composite shed 0.52 percent or 10.63 points at 2,033.25. In the currency space, the euro dollar holds above the 1.32 mark. The dollar index is trading around 82.
- Jul 23, 2013 09:10 AM IST
Asian markets were trading higher. China's Shanghai Composite rose 1.50 percent or 30.12 points at 2,034.88. Hong kong's Hang Seng advanced 1.72 percent or 368.88 points at 21,785.38.
- Jul 20, 2013 09:44 AM IST
Apple, the second-largest US company by market capitalization, will be watched to see if it can reverse the trend of weaker-than-expected tech sector earnings. The company, which is due to report on Tuesday after the market's close, is expected to show a drop of more than 21 percent in quarterly profit and revenue growth of 0.2 percent.
- Jul 20, 2013 09:22 AM IST
Stronger-than-expected results from General Electric Co and oilfield services company Schlumberger NV helped the S&P 500 index to offset the tech losses and to post a fourth week of gains.
- Jul 12, 2013 08:00 AM IST
Bernanke said after the market's close on Wednesday the US jobless rate of 7.6 percent overstated the health of the labor market. He said a "highly accommodative" policy is needed for the foreseeable future, triggering a rally in equity futures.
- Jul 11, 2013 08:11 AM IST
Minutes from the Federal Reserve's June policy meeting released on Wednesday afternoon showed many officials wanted more reassurance that the labor market was improving before reining in stimulus measures
- Jul 10, 2013 08:39 AM IST
The S&P 500 was about 1 percent below its all-time closing high of 1,669.16 and the Nasdaq posted its best close since October 2000.
- Jul 09, 2013 08:37 AM IST
The Dow Jones industrial average gained 88.85 points to close at 15,224.69. The Standard & Poor's 500 Index rose 8.57 points to 1,640.46. The Nasdaq Composite Index added 5.45 points to end at 3,484.83.
- Jul 06, 2013 09:51 AM IST
The June jobs figures were stronger than expected and caused a big selloff in the bond market. That further underscored expectations that the Federal Reserve will be chopping back its big bond-buying program sooner rather than later. This kind of occurrence in the past would have caused the stock market to freak out.