The Fast Money traders take a look at today's biggest market movers.» Read More
Stocks in Argentina, Brazil, Columbia and Mexico are posting big gains.
Inventories of unsold goods at U.S. wholesalers rose 0.5 percent in May, boosted by a buildup in a range of goods including automobiles, metals and electrical supplies, government data showed Tuesday.
China's trade surplus hit a record $26.91 billion in June from $22.5 billion in May, an increase likely to intensify calls for Beijing to let the yuan climb more quickly.
China's yuan rebounded against the U.S. dollar on Tuesday after retreating for four straight trading sessions, guided by the central bank setting a record-high mid-point.
Singapore's trade-driven economy beat even the most optimistic forecasts, growing at an annualized rate of 12.8% in the second quarter, its fastest pace in two years, thanks to a manufacturing rebound and soaring construction.
Stocks ended higher on Monday, but gains were held in check as investors awaited the start of the second-quarter earnings season. "We're getting into earnings season, and what we've seen so far is good, so we think there is going to be an upward bias," said Joe Ranieri, head of NASDAQ trading at Canaccord Adams. "It's good but scary."
Consumer borrowing posted a hefty increase in May, reflecting the biggest jump in credit card debt in six months.
With the U.S. economy creating jobs at a steady pace, the Federal Reserve will need several months of softer price gains and evidence wages are not picking up before its anxiety about inflation subsides.
Boom! Monday morning and the Chinese markets notch up 3% intra-session. Oil hangs on to $75 a barrel, the dollar is firm and European bourses are fired up to make early gains. If the de-risking trade is on-going into what traditionally should be a Summer slowdown then it is proving tricky finding the evidence.
British housebuilder Bovis Homes said on Monday its first-half profit met its expectations but struck a cautious note on prospects and reported a slowdown in visitors and reservations.
Japan's core private-sector machinery orders rose more than expected in May, pointing to solid corporate capital spending and bolstering the case for a Bank of Japan rate hike in August.
German Chancellor Angela Merkel has made it clear to French President Nicolas Sarkozy that Germany will firmly resist any efforts to impinge upon the European Central Bank's independence, Der Spiegel news magazine reported on Sunday.
Stocks ended a holiday-shortened trading week higher as investors shrugged off rising interest rates. The Dow ended the week up 1.4%, the S&P 500 rose 1.6%, while the Nasdaq Composite closed with a weekly gain of 2.2%.
Stocks posted the best weekly gains in three weeks, closing Friday near the best levels of the day as new economic data showed moderate jobs growth, easing worries of a slowing economy. "The jobs number was pretty decent, it was probably as good as we could have expected," said Charles Rotblut, market analyst at Zacks.com.
U.S. employers added 132,000 jobs in June and payrolls rose more strongly than previously thought in April and May, according to a Labor Department report that underlined a strengthening job market.
The IMF board will meet on Monday at the prompting of developing nations which want Europe and the United States to agree to throw open selection of a new managing director to candidates from around the globe, officials said on Friday.
Japan's foreign reserves, the world's second-largest, rose to $913.572 billion at the end of June, thanks to interest rate income from deposits and bonds held in the reserves, the Ministry of Finance said on Friday.
The year was 1997. The place – Malaysia. The economy was booming and had averaged an impressive 8.9% growth rate the past five years. 1997 looked to be no different. In fact, it looked to be an even better year for all Malaysians.
Stocks closed mixed as investors were encouraged by a strong batch of merger news but gains were held in check by rising interest rates. "The key for the market right now is the ability to digest the fact that the 10-year has moved out of that range that we've enjoyed between 4.5% and 5%," said Russ Koesterich, head of investment strategy at Barclays Global Investors.
The second half of this year should be better for bonds than the "miserable" first half, said Jack Malvey, a fixed-income strategist at Lehman Brothers, on "Morning Call." "Collectively, investors had half a percent return," Malvey said about the first half of 2007. He added, bond risk will continue until at least September or October.
Introducing Morning Squawk: CNBC's before the bell news roundup
Sign up to receive Morning Squawk in your inbox each weekday › Sample