NEW YORK— Solid earnings for a range of big companies helped nudge the stock market higher on Tuesday. The restaurant chain Chipotle and the cable giant Comcast surged after reporting better results than Wall Street expected. COMMENT: "The news today is pretty good," said JJ Kinahan, chief strategist at TD Ameritrade.» Read More
The strong performance of Wall Street indexes is at odds with the modest growth prospects of the U.S. economy and the same contradiction also prevails in Europe and parts of Asia. In early European trading, Britain's FTSE 100 was down 0.4 percent to 6,759.68 and France's CAC 40 dipped 0.5 percent to 4,349.28.
*Spreadbetters expect lower opening for Europe. Spreadbetters expected European stock markets to follow suit, forecasting Britain's FTSE 100 would open as much as 0.25 percent lower, Germany's DAX down 0.15 percent and France's CAC 40 off 0.3 percent.
TOKYO— Asian stock markets were lukewarm Wednesday after China met expectations of solid but unspectacular growth in the second quarter. Other Asian stock markets were mostly higher, including shares in Singapore, Indonesia and Thailand.
*Intel stock up more than 4 pct after beating estimates. SYDNEY, July 16- Asian stocks held stubbornly steady on Wednesday after China reported economic growth that was just ahead of market expectations, drawing a sigh of relief from investors rather than outright applause.
TOKYO— Asian stock markets were lukewarm Wednesday after China met expectations of solid but unspectacular growth in the second quarter. Hong Kong's Hang Seng added 0.2 percent to 23,515.47 while Seoul's Kospi shed 0.1 percent to 2,011.75. China's Shanghai Composite rose 0.1 percent to 2,071.97 and Australia's S&P/ASX 200 dropped 0.1 percent to 5,505.50.
*Citi shares to rise after $7 billion fine settlement. Europe's biggest markets gained more than half a percent, helped by M&A activity in the pharmaceutical sector and easing anxiety about the fallout from problems at Portugal's biggest listed bank.
BEIJING— Global stocks rebounded Monday from jitters about a struggling Portuguese bank as investors looked ahead to a busy week of data releases in the U.S., China and Europe. In Europe, Germany's DAX added 0.8 percent to 9,742.95 and France's CAC-40 rose 0.6 percent to 4,341.37.
*Portugal's top index rallies 1 percent after Thursday's slump. LONDON/ EDINBURGH, July 11- European shares rose on Friday as banks and southern European shares rallied once investors decided concern over Portugal's biggest listed bank was unlikely to spread.
*Asia share index dips, regional markets mixed. Moves in Asia had been generally modest with markets mixed across the region. Hong Kong, South Korea, Taiwan and the Philippines lost ground but China, Singapore and Australia eked out gains.
MSCI's broadest index of Asia-Pacific shares outside Japan recovered to be a fraction firmer. Indices in Australia, Singapore and China were all higher, while Japan's Nikkei pared its losses to be off just 0.26 percent. It was notable that MSCI's index of emerging market stocks actually rose on Thursday having hit a 17- month peak earlier in the week.
Tensions in the Middle East also continued to simmer with Israeli officials seeming to hint at a possible assault on Gaza by ground forces. Japan's Nikkei fell 0.7 percent, while Australia eased 0.4 percent. MSCI's broadest index of Asia-Pacific shares outside Japan dipped 0.3 percent.
*Lumber Liquidators tumbles after revised outlook. NEW YORK, July 10- U.S. stocks dropped on Thursday as concerns about the financial health of Portugal's top listed bank gave investors a reason to cash in recent gains.
*Lumber Liquidators tumbles after revised outlook. NEW YORK, July 10- U.S. stocks edged lower on Thursday as concerns about the financial health of Portugal's top listed bank gave investors a reason to cash in recent gains.
LONDON, July 10- Investors across Europe trimmed their exposure to banks on Thursday in response to growing concerns about the health of Portugal's biggest listed lender, with a leading pan-European share index slipping to a two-month low.
*Lumber Liquidators tumbles after revised outlook. NEW YORK, July 10- U.S. stocks pulled well off session lows but were still falling on Thursday as concerns about the financial health of Portugal's top listed bank gave investors a reason to cash in recent gains.
NEW YORK, July 10- U.S. stocks fell on Thursday after the health of Portugal's top listed bank was questioned, bringing back to markets the specter of a weakened Europe. With U.S. stocks near record highs, the slide in Europe translated into broad selling on Wall Street.
*Portuguese, Italian markets slide, weigh on Europe. NEW YORK, July 10- U.S. stocks were poised to drop more than 1 percent at the open on Thursday, weighed by a slump in European shares on concern over the health of Portugal's top listed bank and following weak data from Italy.
*Portuguese, Italian markets slide, weigh on Europe. NEW YORK, July 10- U.S. stock index futures fell sharply on Thursday as European shares tumbled on growth concerns after weak data out of Italy and concern over the health of Portugal's top listed bank.
*Portugal's PSI share index down 4.4 percent. LONDON, July 10- European shares fell on Thursday as southern European indexes tumbled on weak data from Italy and growing concerns over the financial health of Portugal's largest listed bank.
*Earnings, valuations concerns dominate in Europe. LONDON, July 10- Europe's debt-sodden periphery was back at the top of the list of financial concerns on Thursday, troubles around Portugal's biggest listed bank pushing shares sharply lower and quelling demand for an issue of bonds by Greece.