LONDON, Dec 4- Euro zone bonds fell across the board on Wednesday as U.S. data showed growing momentum in the world's biggest economy that could prompt the Federal Reserve to start scaling back its monetary stimulus soon.» Read More
CNBC's Mandy Drury looks at the upward move in the U.S. markets, partially due to the EU agreement. And lower gas prices bring about a rise in consumer confidence.
CNBC's Simon Hobbs offers analysis of the European close. European averages were up today on the euro summit deal. There are still many questions remaining, he says.
CNBC's Rebecca Meehan takes a look at the European markets reaction to EU Summit talks, and looks at the German and Italian bond markets.
CNBC's Rebecca Meehan & Patricia Szarvas take a look at how markets are faring in Europe, and CNBC's Christine Tan breaks down the Asian markets.
CNBC's Mandy Drury discusses the morning's trading activity and the testimony of MF Global's former CEO Jon Corzine. Stocks fall as the ECB's Draghi dampened hopes the bank would be buying bonds.
CNBC's Simon Hobbs, Bob Pisani, and Fast Money's Guy Adami take a look at European shares extending losses after the ECB news conference.
Fiscal transfers from Germany to other countries in the euro zone will be essential to resolving the euro zone debt crisis in the long term, Erik Britton, director at Fathom Consulting told CNBC.
CNBC's Mandy Drury says it's a down day for U.S. stocks, mostly because of headlines out of Europe and fears a comprehensive deal may not be reached among EU leaders. Slowing export growth in China is another concern for investors. Also, U.S. stocks to watch.
Analysis of the European markets, with CNBC's Ross Westgate. Europe is up ahead of the U.S. market open and Germany finds good demand in today's Bund auction.
U.S. futures are positive across the board, while in Europe stocks are higher on great expectations for the European summit. Germany has a successful bond auction, and Asia also sees modest gains on hopes the S&P warning will push Europe to find a solution to its ongoing debt crisis.
A break-up of the single European currency would have severe consequences on the UK economy, with unemployment pushing above 4 million, the pound appreciating sharply and major banks failing, analysts at ING wrote in a market note.
Global markets wrap with CNBC's Mandy Drury. The Dow started higher but loses its early-morning gains. 3M is higher and Bank of America agrees to pay $315 million to investors who claim they were misled about mortgage securities.
A dip in Europe on the day. S&P puts the European Financial Stability Fund on creditwatch negative. Meanwhile, Merkel downplays the possibility of a downgrade and German industrial orders in November post their biggest gain since March 2010, with CNBC's Carl Quintanilla & Gary Kaminsky, and Fast Money trader Joe Terranova.
An executive in charge of controlling risk within MF Global raised concerns a few times last year about the increasing number of bets on European bonds by Jon S. Corzine, the company's former CEO, the Wall Street Journal wrote on Tuesday.
Analysis of the global markets, particularly Europe as it manages its debt crisis, with CNBC's Ross Westgate.
A roundup of the global markets. U.S. stock futures are mixed as investors await news out of Europe. European markets react negatively to S&P's threatened downgrade of 15 European countries, oil is off slightly and all of Asia is keeping a close eye on this week's European summit.
CNBC's Mandy Drury discusses how the markets are following up last week's tremendous performance. Hopes out of Europe are moving equities higher, but manufacturing data may be showing signs of weakness.
The euro is holding firm against the dollar, boosted by optimism on Italian austerity measures and the Merkel-Sarkozy meeting, with Marc Chandler, Brown Brothers Harriman.
As the German chancellor, Angela Merkel, and the French president, Nicolas Sarkozy, are about to meet in Paris, CNBC's Annette Weisbach in Frankfurt and Stephane Pedrazzi in Paris discuss what will be on the meeting's agenda.
A number of similarities exist between the collapse of Enron in 2001 and the current sovereign debt crisis in the euro zone, Joe Berardino, CEO at Alvarez & Marsal and the former CEO of Enron's accounting firm, Arthur Andersen, told CNBC.