All signs suggest the bear market in European equities may be over, said longtime Europe investor Gene Salamon.» Read More
The euro zone posted an unadjusted trade deficit much wider than expected in May as imports grew at more than double the rate of exports, data showed on Friday.
Ireland is still a good place to invest and can compete globally despite the country's recent rejection of the Lisbon Treaty and stalling economic growth, Irish Prime Minister Brian Cowen told CNBC.
Euro zone economic growth is likely to be weak in the second and third quarters before staging a recovery, and second-round inflation effects need to be prevented, ECB President Jean-Claude Trichet said.
Bank of Japan Governor Masaaki Shirakawa said on Friday the central bank was putting equal focus on inflation and downside risks to the economy, reinforcing the view that interest rates will stay on hold at least for the rest of this year.
Citigroup's better-than-expected earnings report turned the tide ahead of the open.
Financial stocks are enjoying a truly astounding rally. Now it's Merrill's turn to keep the bulls in charge or... renew worries about continuing losses from the credit crisis. Which will it be?
European stocks staged a sharp rally on Thursday as a solid outlook from bellwether Nokia and surprisingly strong results from JPMorgan spurred a relief rally led by the banking sector.
The dollar fell against the euro on Thursday as U.S. data on construction and jobless benefits delivered a mixed picture, while major American banks reported better-than-expected earnings.
Short-selling is a vital part of maintaining balance in the market, and people should stop viewing it as "evil" or "un-American", said Paul Roth, a partner at Schulte, Roth & Zabel.
The Federal Reserve may update its new, tighter mortgage rules by adjusting the types of loans they cover and further studying mortgage broker compensation, Fed Governor Randall Kroszner said on Thursday.
Factory activity in the U.S. Mid-Atlantic region shrank again in July, reflecting a weakening economy and the strain of rising costs.
This is not a time to get stressed about losing money – but to refocus on who is still generating sustainable earnings.
The number of U.S. workers filing new claims for jobless benefits rose by a less-than-expected 18,000 last week to 366,000 on a seasonally adjusted basis, a Labor Department report showed on Thursday.
Home building projects started in June surprisingly rose 9.1 percent due chiefly to a change in New York City building codes that, if it were ignored, would have seen starts decrease by 4.0 percent.
China's economy slowed in the second quarter under the weight of slower exports and a drive by the central bank to tighten credit, but inflationary pressures remained uncomfortably high, the government said on Thursday.
Malaysian opposition figure Anwar Ibrahim has been freed on police bail, his lawyers said , but Anwar could still be charged for sodomy at a later date. As a condition of the bail, Anwar has to report to police on Aug. 18 unless the authorities decide otherwise.
Earnings from J.P. Morgan and some other big companies could sway the market's early direction, but traders are closely watching oil to see if it will make or break the upswing in stocks.
SEC's chairman Christopher Cox issued its emergency ruling against naked short-selling, and Wells Fargo reported surprisingly strong quarterly results and raised its dividends. Following are the day's top videos:
The global financial crisis is far from over—threatening to leave Federal Reserve interest rate policy on hold indefinitely.
Stocks closed with huge gains as drop in oil prices boosted sectors previously battered by energy costs. Financials also moved sharply higher.