*Raiffeisen Bank jumps on reassuring comments on Russia. PARIS, Aug 21- European stocks rose on Thursday, extending their sharp two-week rebound, boosted by better-than-expected German private sector growth figures which reassured investors about the outlook for Europe's biggest economy following a soft patch.» Read More
The S&P 500 and FTSE 100 could plummet further if key resistance levels aren't held, Phil Roberts, technical analyst from Barclays Capital, told CNBC.
The recent stock-market tumble matches the crash of the 1970s and points to a bull-market rally in the coming weeks, Clem Chambers, CEO of ADVFN, told CNBC.
European governments announced plans to bail out banks by buying stakes in them and the U.S. is also expected to follow suit by injecting $250 million into banks, sending stocks soaring. What do you think?
After taking into account Monday’s plunge, the Dow Industrials is now down 27% from its October 2007 high. The S&P 500 and the Nasdaq Composite have fared a bit worse, declining 29% and 31% from their respective highs last October. Take a look at how some of the other major U.S. indices and sectors have performed since their 52-week high (including Monday’s fall)It's been a rough twelve months. The Dow and S&P are looking to have their 4th straight quarter of declines, something not seen in years. Here is a preview of the quarter end stats and the winners and losers to date.
More and more U.S. investors are moving money across the pond, looking for opportunities within the European Union which makes up 25 percent of the total global stock market capitalization of around $55 trillion.
Erin Burnett has been travelling the globe in search of the market movers of tomorrow. So far she has been to Dubai in the United Arab Emirates and Mumbai, India. Today, she is in London. Like last week's comparison of the UAE and India, here are some stats comparing the UK and the US.
European indexes finished in negative territory Monday as SAP's acquisition of Business Objects led the technology sector lower and basic-resource stocks dipped on falling commodity prices.
European shares are seen opening slightly lower on Wednesday after two days of gains prompted by big banks disclosing the extent of the impact of a credit crunch on their results.