NEW YORK, Jan 30- U.S. stocks closed down on Friday after a volatile session as investors worried at the end of a rough month for the market about weak U.S. growth data and whether instability in Europe could hurt corporate earnings in the United States. This came after Greece's finance minister said the government would not cooperate with the European Union and...» Read More
Brown, a crusader against the role that Wall Street banks play in commodity markets, warned that Congress would write new laws if the CFTC and foreign regulators were unable to fix what he called "ongoing irregularities" in the market.
*Gross exits Pimco, joins Janus Capital; bond prices fall. News that Gross, a Pimco co-founder who managed the $222 billion Pimco Total Return Fund, will be joining Janus Capital Group pressured short- and intermediate-dated U.S. Shares of Janus Capital ended up 43 percent at $15.89, the stock's best one-day advance in its history.
*Indexes up: Dow 1 pct, S&P 0.9 pct, Nasdaq 1 pct. NEW YORK, Sept 26- U.S. stocks ended higher on Friday, with the S&P 500 rallying back above a key technical level, but the advance was not enough to offset recent declines and major indexes closed out their worst week of the past eight.
NEW YORK/ LONDON, Sept 26- Gold fell on Friday as a dollar-driven rally encouraged by U.S. economic growth dimmed bullion's investment appeal, sending the metal's prices toward a key support level at $1,200 an ounce. Bullion posted its fourth consecutive weekly loss, its longest losing streak since April 2013, after the U.S.
NEW YORK, Sept 26- U.S. stocks were higher in afternoon trading on Friday, with major indexes staging a rebound from their biggest drop since July on the back of data showing the economy expanded in the second quarter.
WASHINGTON, Sept 26- The U.S. economy grew at its fastest pace in 2-1/ 2 years in the second quarter with all sectors contributing to the jump in output in a bullish signal for the remainder of the year. "It increases our confidence that strong growth is obtainable in the second half of this year," said Chris Rupkey, chief financial economist at MUFG Union Bank in New York.
NEW YORK, Sept 26- U.S. stocks were higher approaching the midpoint of the session on Friday, with major indexes staging a modest bounce back from their biggest drop since July, after data showed the economy grew at its fastest pace in more than two years.
NEW YORK, Sept 26- World equity markets climbed on Friday as data showed the U.S. economy grew at its fastest pace in more than two years in the second quarter, while U.S. bond prices dipped after news high-profile investor Bill Gross is leaving Pimco for a rival firm.
NEW YORK, Sept 26- U.S. stock investors, despite finding few areas of the market that appear cheap with indexes near records, appear reluctant to jump into what could be the biggest bargain out there. Bank of America, Citigroup and JPMorgan Chase all have NIMs below the industry medium of 3.6 percent.
*Pimco CIO Bill Gross joins Janus Capital. Treasuries prices dipped Friday, erasing earlier gains on news that Pimco Chief Investment Officer Bill Gross would be joining rival Janus Capital Group, which spurred concerns of investor redemptions at the world's largest bond fund manager.
HONG KONG, Sept 26- Hong Kong's main share index opened down on Friday following New York's fall, but losses were pared by rebounding casinos, while mainland markets were tepid. The China Enterprises Index of the top Chinese listings in Hong Kong was off 0.4 percent.
NEW YORK, Sept 25- U.S. stocks ended with sharp losses on Thursday, with the S&P 500 suffering its biggest one-day decline since July, as Apple tumbled and the dollar rose to a four-year high. About 80 percent of stocks traded on both the New York Stock Exchange and Nasdaq ended lower.
NEW YORK, Sept 25- U.S. Treasuries yields fell on Thursday after a drop in U.S. stocks triggered safe-haven bids and reported comments from European Central Bank President Mario Draghi drove down rates in the euro zone, making U.S. yields more attractive.
NEW YORK, Sept 25- U.S. stocks were sharply lower moving into the latter stages of trading on Thursday, weighed down by a drop in Apple shares, as each of the major indexes fell more than one percent and the S&P broke below a key support level.
*Wall Street, other markets slide more than 1 pct on dollar. NEW YORK, Sept 25- The dollar hit a four-year high as the yield difference between U.S.
NEW YORK, Sept 25- U.S. stocks were sharply lower heading into the midpoint of trading on Thursday, with each of the major indexes falling more than one percent and the S&P dropping through a key support level as Apple shares slumped.
NEW YORK, Sept 25- Long-dated U.S. The Commerce Department said durable goods orders, for items ranging from toasters to aircraft that are meant to last three years or more, dropped 18.2 percent in August, the largest decline since the series started in 1992..
NEW YORK, Sept 25- U.S. stocks were lower shortly after the open on Thursday, on the heels of the biggest gain for the S&P 500 in a month and following data on the labor market and durable goods.
NEW YORK, Sept 25- U.S. stocks were poised for a modestly lower open on Thursday after the S&P 500 notched its biggest gain in a month and following data on the labor market and durable goods.
*Slide in German Ifo business morale points to weak 3rd quarter. NEW YORK, Sept 24- World stock indexes rose and the euro slumped below $1.28 on Wednesday after European Central Bank President Mario Draghi renewed a pledge to keep monetary policy loose for an extended period.