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  • NEW YORK— U.S. stocks fell from record highs on Tuesday and the Nasdaq dropped below 5,000 a day after passing that milestone for the first time since the dot-com era 15 years ago. The losses were modest but broad, with eight industry sectors in the Standard and Poor's 500 index falling. Ford Motor slumped after reporting U.S. sales from last month that disappointed...

  • *Nasdaq passes 5,000 as Wall Street extends winning streak. Wall Street kicked off March on a high note after a stellar February, when the benchmark S&P 500 Index registered its best monthly gain since October 2011. This bull market still has some room to go, "said Jason Pride, director of investment strategy at Glenmede in Philadelphia.

  • *Palladium reaches 5-1/ 2- month high at $832.15/ oz. NEW YORK/ LONDON, March 2- Gold turned lower on Monday as the U.S. dollar rose and investors cashed in gains after upbeat Asian demand lifted the metal to two-week highs, with expectations for a rise in U.S. interest rates later this year keeping a lid on prices. Earlier, spot prices rose to $1,223.20 an ounce, their...

  • *Tullow down on project delay and FTSE demotion worries. The Greek banking index fell nearly 10 percent, while lenders National Bank of Greece, Piraeus Bank and Alpha Bank fell 10.0 to 11.8 percent to feature among the top decliners. "The fears about a possible default for Greece are certainly not completely off the table," Gerhard Schwarz, head of equity strategy at...

  • *China rate cut lifts Asia equities, gold. Wall Street kicked off March on a high note after a stellar February, when the benchmark S&P 500 Index registered its best monthly gain since October 2011. Asian stocks ended higher after China cut interest rates over the weekend, but European equities slipped from seven-year highs hit on merger activity in the telecom...

  • LONDON, March 2- European shares retreated from multi-year highs on Monday, with Greek banks slipping on lingering concerns about the country's debt and Tullow Oil falling on worries about project delays and its likely ejection from a major share index. The Greek banking index fell 9.4 percent, while lenders National Bank of Greece, Piraeus Bank and Alpha Bank...

  • NEW YORK— For the first time since its dot-com era peak nearly 15 years ago, the Nasdaq composite has closed above 5,000.. Investors are now paying $20 for every $1 in earnings per share thrown off by Nasdaq companies each year. "It has gone up for the right reasons— on fundamentals, not just speculation," said Peter Cardillo, chief market economist at Rockwell Global...

  • World market momentum over Chinese rate cut fades Monday, 2 Mar 2015 | 1:32 AM ET

    KEEPING SCORE: Britain's FTSE 100 gained 0.3 percent to 6,964.66 and Germany's DAX climbed 0.3 percent to 11,428.83. Hopes for stronger growth in China boosted mining companies and other resource-related shares, such as miner BHP Billiton, which rose 0.4 percent and Glencore Plc, which added 1.8 percent. CHINA RATE CUT: The People's Bank of China cut interest...

  • KEEPING SCORE: Japan's Nikkei 225 gained 0.3 percent to 18,847.19 and South Korea's Kospi added 0.2 percent to 1,989.27. Hong Kong's Hang Seng Index rose 0.3 percent to 24,898.25 and the Shanghai Composite Index advanced 0.4 percent to 3,322.23. CHINA RATE CUT: The People's Bank of China cut interest rates for the second time in three months Saturday, reducing...

  • *Taisei Corp falls after fund raising announcement. TOKYO, March 2- Japan's Nikkei share average rose to a fresh 15- year high on Monday morning after China's interest rate cut lifted global investors' risk appetite and the yen weakened, but gains were limited as investors were cautious about the market's recent rises. "Although the direct impact of the China's...

  • NEW YORK, Feb 27- U.S. stocks closed lower on the last trading day of February after mixed U.S. economic data on a day when European stocks hit records and oil prices rebounded for their first monthly gain since June. The Nasdaq was the weakest of the three major U.S. indexes on Friday, weighed down by Apple Inc as some investors took profits ahead of its March 9 product...

  • NEW YORK, Feb 27- U.S. stocks edged down late in Friday's session on the last trading day of February, led by technology stocks, but oil prices rebounded for their first monthly gain since June. European shares broke multi-year records ahead of the European Central Bank's planned moves to stimulate growth. The Nasdaq was the weakest of the three major U.S. indexes,...

  • *Baker Hughes data shows pace of rig count drop slows. Both Brent and U.S. futures briefly pared gains after data from oil services company Baker Hughes showed its U.S. oil drilling rig count fell only 33 to 986 this week, after rigs were only down 37 in the previous week. Brent April crude was up $1.27 at $61.32 a barrel at 1:28 p.m. EST, on pace to post a 15 percent...

  • Brent April crude was up $1.51 at $61.56 a barrel at 11:54 a.m. EST, on pace to post a 16 percent monthly gain, the first monthly rise since June. April crude was up 75 cents at $48.92 a barrel, needing a finish above $48.24 to post a February gain. Oil has been supported by signs that lower prices are starting to reduce investment in production in non- OPEC countries and...

  • NEW YORK, Feb 27- Wall Street stocks fell slightly on the last trading day of February as weak U.S. growth data made investors cautious, while European shares broke multi-year records ahead of the European Central Bank's injection next month of 60 billion euros to spur growth. On Wall Street, the Dow Jones industrial average was down 35.93 points, or 0.20 percent, at...

  • MOSCOW, Feb 27- The rouble and Russian shares fell on Friday, ending the month on a cautious note after a rally the day before, as support from monthly taxes waned and oil prices remained volatile. At 1550 GMT the Russian currency was down 1 percent to 61.73 against the dollar and by a similar amount against the euro at 69.32. Although oil benchmark Brent was up around 2...

  • LONDON, Feb 27- British investment managers have cut back on bonds and increased reserves of cash as they warn of market volatility across asset classes in the year ahead, a Reuters poll found. Many stocks benchmarks are trading near multi-year highs, such as Britain's blue chip FTSE 100 index which this week finally breached a peak not seen since 1999....

  • LONDON, Feb 27- Global investors increased their bets on stocks during February as major equity markets broke through all-time highs, fuelled by the promise of more monetary stimulus, Reuters' monthly asset allocation poll showed. As around 20 central banks have cut interest rates since the start of 2015, and with the European Central Bank set to launch...

  • LONDON, Feb 27- Emerging market stocks dipped on Friday but were heading for their third weekly gain in the last four as investors positioned for an extended era of cheap money ahead of the European Central Bank's looming bond-buying scheme. "There a bit of market pressure on Turkey," said Aberdeen Asset Management portfolio manager Viktor Szabo.

  • BEIJING— Global stocks were lackluster Friday after Japan reported mixed economic data and investors waited for revised U.S. growth figures. KEEPING SCORE: In early trading, France's CAC-40 was little changed at 4,911.03 and Germany's DAX gained 0.05 percent to 11,332.45. Britain's FTSE 100 was steady at 6,949.04.