Equity index provider MSCI on Tuesday lowered Greece to emerging market from developed market status, citing failure to qualify on several criteria for market accessibility.» Read More
Unrest in Egypt has replaced Europe's debt crisis as a flash point for markets, and any unfolding developments there will no doubt affect trading in the week ahead.
Stocks closed near session lows as civil unrest in Egypt sparked widespread selling that pushed the S&P 500 down nearly 2 percent and broke an eight-week winning streak for the Dow. Microsoft and Home Depot sank.
One of the odder things that has come to my attention today is that back in February 2009, Gamal Mubarak (the son of soon to be former Egyptian leader Hosi Mubarak) met with a US Senator and gave his advice on how to address our financial crisis.
As we know, massive popular unrest has broken out against autocratic governments in North Africa and the Arab world. Egypt is the biggest story. But to varying degrees, the people have taken to the streets in Algeria, Jordan, Libya, Morocco, and Yemen.
Today, silver has been a better safe haven trade than gold. There's the same shape to the chart. But at 3 percent, the gain is twice that of gold.
Plus, get calls on the Nasdaq’s pullback, Ford’s earnings and more.
Technology is the classic two-edged sword. In its broadest sense—as the knowledge or mechanism of achieving a result—technology is agnostic of its ends.
Like the European debt crisis in 2010, the uprising in Egypt and other Middle East nations in recent weeks has raised the fear among investors that the markets could be in big danger if the crisis spreads.
Unrest in Egypt putting the fear factor back into the gold trade—at least for today.
Currency and commodities trader Dennis Gartman addresses how the Egyptian protests may impact oil, and how to trade it.
Has the unrest in Egypt triggered trading opportunities in energy and other sectors?
Oil prices are now reflecting concern about uprisings in Egypt, after ignoring the unrest earlier in the week. Crude was up more than 4 percent at midday.
The Egyptian military entered the streets of Cairo amid protests, but the World Economic Forum kept its focus on the big economies.
Egypt's benchmark index recorded its biggest drop in over two years Thursday, plummeting more than 10 percent as anti-government protests rattled investor confidence and left Hosni Mubarak's regime facing its most serious challenge in years.
In the week since, Tunisia's President has fled the country, with similar self-immolation in places like Egypt, Algeria and Mauritania.
From a wobbly economy to escalating oil prices to global unrest, the stock market has all the classic reasons to correct, yet remains on a stubborn path higher.
As the Obama administration confronts the spectacle of angry protesters and baton-wielding riot police officers from Tunisia to Egypt to Lebanon, it is groping for a plan to deal with an always-vexing region that is now suddenly spinning in dangerous directions. The New York Times reports.
A day after tens of thousands of people marched in opposition to the nearly 30-year rule of President Hosni Mubarak, the Egyptian authorities on Wednesday outlawed any new gatherings, saying protesters faced “immediate” arrest. The New York Times reports.
Egypt is on track to meet its tourism growth targets despite a scare following a rare series of shark attacks that affected bookings, the country’s Minister of Tourism, Zoheir Garranah, told CNBC.
The President and CEO of Diamond Offshore, Larry Dickerson, said, "With new contracting severely restricted in the Gulf of Mexico as a result of the uncertainties surrounding the offshore drilling moratorium, we are actively seeking international opportunities to keep our rigs fully employed."