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Stocks kicked off the first trading day of February with a bang, extending their robust rally from the previous month, boosted by some positive global economic news in addition to a report that Greece and its private creditors may soon agree upon a deal.
US stock index futures indicated a sharply higher open for Wall Street, with spirits lifted by a possible announcement of an IPO by Facebook and ahead of various data on unemployment.
Stocks came off their worst levels but still finished narrowly mixed Tuesday, after a handful of disappointing economic news weighed on the market. Despite the session's lackluster performance, the Dow and S&P are still posted their best January since 1997. In addition, all three major averages logged their best monthly gains since October.
U.S. stock index futures held their early gains Tuesday as investors seemed unfazed following a report that showed home prices continued to decline. Futures were buoyed by renewed hopes for a deal between Greece and private sector creditors, and after the approval of a new euro zone budget discipline pact.
Stocks cut most of their earlier losses, but still finished in negative territory Monday as ongoing worries over the euro zone debt crisis kept investors from fully jumping in.
Jim Cramer’s researcher, Nicole Urken, takes a look at some recent data points that point to optimism for the macro economy.
Stock index futures slumped Monday, tracking losses in Europe and Asia, amid renewed worries over a second bailout package for Greece.
US Airways shares are higher on a report that Delta Airlines is considering buying the world's No. 5 airline, as the industry moves aggressively toward consolidation.
Stocks finished mixed Friday, as investors digested a handful of tepid earnings and economic reports in addition to ongoing jitters in the euro zone. The S&P and Nasdaq posted their fourth weekly gains, while the Dow finished in negative territory for the week.
U.S. stock index futures retreated Friday, erasing their early gains, after the GDP report showed the economy grew less than expected in the fourth-quarter.
Stocks finished lower in thin trading Thursday following a disappointing new home sales report and as earlier enthusiasm faded over the Fed's decision to hold interest rates near zero until at least 2014.
U.S. stock index futures held their gains Thursday following a strong durable goods orders news and despite a report that showed weekly jobless claims gained slightly in the previous week.
Stocks ended near session highs Wednesday, reversing their early declines, as the market cheered news that the Fed will not raise interest rates until at least 2014 in addition to maintaining its highly accommodative stance to support the recovery.
Hedge funds that in the last month or so have purchased an estimated 4 billion euros ($5.2 billion) of beaten down Greek bonds that mature on March 20 are now trying to unload their positions, according to brokers and traders. The New York Times reports.
Get ready for a busy year of media mergers and acquisition activity – that’s the headline from PwC’s Entertainment and Media Report.
U.S. stock index futures struggled for direction Wednesday as investors digested a handful of corporate earnings and ahead of the Federal Reserve's policy statement.
Stocks closed narrowly mixed in lackluster trading Tuesday, with the S&P breaking a 5-day winning streak, as Greece's failed debt restructuring negotiations and a handful of tepid earnings reports weighed on the market.
U.S. stock index futures pointed to a lower open Tuesday as concerns about the European debt crisis continued to weigh and as investors digested a handful of mixed corporate earnings reports.
Stocks ended flat in quiet trading Monday as investors continued to monitor developments in the Greek debt negotiations and ahead of the Fed's two-day FOMC meeting this week.
U.S. stock index futures wavered in a narrow range Monday as investors waited on news from the euro zone finance ministers and officials on the terms of a Greek debt restructuring as well as other issues in the euro zone debt crisis.
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