CNBC's Mandy Drury looks ahead to what are likely to be next week's top business and financial stories. It's a big week for earnings, and Sotheby's is auctioning a 100-carat diamond.» Read More
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.
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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.
Stocks ended mixed in a quiet session Friday as investors were reluctant to jump in ahead of a weekend and after a handful of weak earnings reports weighed on sentiment. Despite the lackluster session, stocks still capped a strong finish for the week, with all three major averages adding almost two percent each.
US stock index futures turned lower Friday as investors kept a close watch on Greece as the debt-ridden nation remains in talks with private creditors over a haircut on some of its bonds and after GE's revenue missed forecast.
Stocks finished modestly higher Thursday, posting a three-day rally, thanks to a better-than-expected jobless claims report and as financials rallied following BofA's earnings report. Still, gains were largely muted throughout the session as investors hesitated to jump in following the recent run-up in stocks.
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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.