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Stocks closed near highs of the session Wednesday with the S&P finishing at its highest level since July 2011, buoyed by an optimistic report on Greece, which added fuel to an earlier rally after a better-than-expected housing market report.
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Stock index futures cut their gains to turn flat Wednesday following a handful of tepid economic news and amid fears over the ongoing European debt crisis, but Goldman Sachs earnings helped limit losses.
Futures held their sharp gains Tuesday after the long holiday weekend, buoyed by a successful Spanish debt auction and higher than expected growth in China, but weaker-than-expected earnings from Citi limited gains.
Stocks bounced off their lows Friday, but still ended in negative territory amid expectations of an imminent S&P ratings downgrade of several euro zone countries. Despite the day's losses, stocks still posted a gain for the week.
Futures added to their losses Friday amid worries over a possible downgrade of several euro zone countries by the S&P and after JPMorgan posted earnings that missed on revenue outlook.
Stocks closed higher in thin trading Thursday, led by strength in materials and industrials, erasing losses after several weak economic reports from earlier in the session.
Futures came off their best levels Thursday after a weaker than expected jobless claims and a disappointing retail sales report, but held some gains after successful bond auctions in Europe which also pushed European stocks higher and sent the euro to a session high.
Stocks ended near session highs Wednesday, but still closed narrowly mixed, as worries over the euro zone and declines in the energy sector limited gains.
Futures edged lower Wednesday as the euro slipped following negative comments by Fitch and following the S&P 500's sharp rally in the previous session.
Wall Street kept its perfect streak in 2012 alive, closing solidly higher as investors looked to move beyond Europe's debt problems and gave U.S. banks a vote of confidence.
US stock index futures pointed to a higher open on Wall Street on Tuesday tracking European markets and buoyed by a positive outlook from US aluminum giant Alcoa after the bell on Monday.
The investigation into MF Global is intensifying as federal authorities unearth new details and confront potential obstacles in their hunt for roughly $1.2 billion in customer money that disappeared. The New York Times reports.
As the JPMorgan Health Care conference kicks off this week, one question remains for investors in the biotech space. What’s the next takeover target as large drug makers look to build out their pipeline?
Stocks squeezed out small gains Monday, adding to the previous week's robust rally, as investors turned their focus to fourth-quarter earnings season.
Even though the Consumer Electronics Show is supposed to be about electronics, in recent years it is also about the content that is served on those electronics. This year, I predict, will be the same.
Futures gained Monday as French President Nicolas Sarkozy and German chancellor Angela Merkel met in Berlin to discuss ways to boost growth in the euro zone and to finalize a deal to increase fiscal coordination within the currency union.
Stocks closed mixed Friday, as even a strong government employment report was not enough to offset ongoing worries over the euro zone debt crisis. Still, all three major averages logged strong gains for the shortened trading week.
Futures added to gains Friday after Wall Street cheered a better-than-expected government employment report that pointed to an acceleration in economic recovery.
Stocks rebounded from earlier losses to finish narrowly mixed Thursday, with the S&P adding small gains to the New Year rally, ahead of a key government employment report. Stocks had been under pressure earlier in the session amid ongoing jitters over the European debt crisis and a decline in the euro to its lowest level since September 2010.
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