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Stocks pared their losses Friday after economic reports showed consumer confidence soared to its highest level since before the fall downturn began and that manufacturing is showing signs of improvement.
Futures indicated a slightly higher open for U.S. stocks Friday as investors shrugged off Chrysler's bankruptcy announcement and decided to go against the 'sell in May and go away' mantra after April's successful performance.
Global stocks were higher Friday, the first day of May, as investors were encouraged by the returns in April's strong market performance and batted off news of Chrysler's bankruptcy announcement and deepening concerns about the swine flu outbreak.
Asian markets open the Monday session higher as optimism grows that the United States economy is starting to stabilize. Trade in equities is thin due to the Golden Week holidays in Japan, with markets there closed until Thursday.
Global stocks rose again Thursday as investors took heart from signs of improvement in the U.S. economy after the Federal Reserve tweaked its policy statement to say that the economic outlook was improving. But experts on CNBC were mixed on when the economy will recover.
Asian markets hit four-month highs Thursday as investors took heart from signs of improvement in the U.S. economy suggesting regional exporters may need to start cranking up production.
You know all those parallels being drawn between our recession and Nippon’s “Lost Decade”? Hogwash.
Asia stocks and the Australian dollar bounced back on Wednesday from a two-day slide, with investors taking heart from data showing the U.S. economy slowly healing, and betting the swine flu outbreak will be contained.
Ahead of the May 4 bank stress test results, experts tell CNBC that the financial system may not be in the clear yet.
Automakers around the world are facing the challenge of remaining relevant. With General Motors and Chrysler teetering on the verge of bankruptcy, which carmaker will survive the fallout? Definitely look to the Japanese, in particular, Nissan.
It may be the safe-haven choice of the financial crisis, but experts tell CNBC that cash will underperform over the next 10 years.
Asian stocks slipped for a second session Tuesday on worries about the potential economic fallout from the swine virus outbreak, even as investor reaction remained limited due to uncertainty about the full impact.
Asian stocks weakened Monday with worries about a global flu pandemic unnerving financial markets boosting pharmaceuticals while beating down pork product makers, trade, travel and tourism stocks.
Global stocks were down Monday, after enjoying 7 weeks of gains, as concerns of the outbreak of swine flu spooked investors. But experts tell CNBC that stocks are still a good long-term bet.
China will offer a big surprise in growth, as it is still a vastly underappreciated story, Jim O’Neill, Head of Global Economic Research at Goldman Sachs told “Worldwide Exchange” Thursday.
While the technology sector struggled in global markets Thursday, experts tell CNBC there is big value there.
Global stocks declined Wednesday as grim data from China and the U.S. fueled concerns over the recovery of the global economy. Experts tell CNBC that although the economic slowdown is ongoing, the current rally still has some life in it.
The Singaporean dollar gained against its American counterpart Tuesday after the country's central bank announced it was effectively devaluing its currency after posting its worst quarterly economic contraction ever. Experts tell CNBC the gain is unlikely to last.
Goldman Sachs, JP Morgan, Citigroup and our parent General Electric report earnings this week. Goldman Sachs rumors of a secondary are rampant ahead of the earnings report tomorrow
Japan has decided to remove a special tariff on computer memory chips made by South Korea's Hynix Semiconductor, Japan's Kyodo news agency reported on Monday.