Clive McDonnell, Head of Equity Strategy at Standard Chartered Bank, says the Fed's primary focus remains on the U.S. economy.» Read More
This is a live blog of student protests taking place Wednesday in the financial district of London, England, near the London Stock Exchange and St. Paul's Cathedral.
Futures declined sharply Wednesday as a spike in Italian bond yields to a euro era record spooked investors and amid uncertainty whether a new government in Italy can tackle the nation's debt crisis.
U.S. stock index futures pointed to a lower open on Wall Street Wednesday as investors still watched Europe with caution after Italian Prime Minister Silvio Berlusconi announced he would step down once a series of austerity measures had been put in place.
Stocks closed near session highs in thin, volatile trading Tuesday, boosted by news Italian Prime Minister Silvio Berlusconi will resign after the parliament passes economic reforms demanded by the EU.
Futures pointed to a higher open Tuesday, tracking shares in Europe boosted by upbeat earnings as investors looked ahead to a key parliamentary vote on public finance in Rome which may hold the key to Italian Prime Minister Silvio Berlusconi’s future.
European and U.S. inflation will rise in the medium- to long-term, according to Berdibek Ahmedov, manager for European and UK real return products at Pacific Investment Management Company (Pimco).
Stocks rebounded to close near session highs in a volatile session Monday, but gains were limited as investors continued to monitor headlines from the euro zone.
Like many states and local governments struggling to cut costs, Michigan hopes to replace some government employees with contract workers who will do the same job for less. The New York Times reports.
The Group of 20 is seeking to meet again, possibly before Christmas, with the aim of resurrecting a deal to provide an international firewall around Greece, G20 sources have told the Financial Times, saying negotiators at the Cannes summit had been close to an agreement.
Stocks recouped some of their losses in a volatile trading session Friday but still finished lower as investors digested a handful of headlines from the euro zone and ahead of a key confident vote in Greece.
Joel Stainton, head of research and trading strategy at SEB Futures, joined CNBC to take a technical look at US unemployment, UK marginal funding cost and EFSF swap spreads.
Futures zig-zagged in volatile pre-market trading Friday after the monthly government non-farm payroll rose less than expected and as traders continued to closely monitor events in the euro zone as the G20 Summit in France took place.
Futures extended their gains in volatile pre-market trading Thursday after the ECB unexpectedly cut its interest rate and following talks the Greek government might collapse, thus avoiding a referendum on its euro zone membership and easing concerns about an imminent default.
Stocks recovered from their afternoon lows to close higher Wednesday after Ben Bernanke said the Fed may look to reinvest in mortgage backed securities to provide additional support to the weak housing market.
Futures were higher Wednesday, following two days of sharp declines, following a pair of better-than-expected jobs news and ahead of the Federal Reserve's monetary policy statement.
Achim Matzke, equity strategist at Commerzbank, joined CNBC to take a technical look at the S&P 500 index, the Eurostoxx 50 index and the Dax future index.
Futures dropped sharply Tuesday, extending the previous session's losses, as renewed concerns over the euro zone flared up after Greece’s prime minister said he would put the nation's bailout to a referendum, raising the risk of a disorderly default.
Roelof van den Akker, CEO of ING Wholesale Banking, joined CNBC for a technical look at the crude oil market, the euro/dollar exchange rate and the S&P 500.
Data showing a rebound in US growth in the third quarter helped reinforce the belief that the worst is over for the world’s largest economy, but HSBC says a strong third quarter is not “necessarily a precursor” to a strong 2012.
Stocks closed out the final trading day of October with a thud, finishing near session lows amid renewed concerns over the European debt crisis, but logged some record gains for the month.