Stocks closed mostly higher Thursday as upbeat earnings news from several large U.S. companies encouraged investors. General Electric, Morgan Stanley and PepsiCo all moved higher after reporting their first-quarter financial results.» Read More
Technology stocks are leading an early decline on Wall Street after Google and IBM reported disappointing earnings. Mattel and UnitedHealth Group also fell in early trading Friday after their own results fell short of what investors were expecting. Goldman Sachs and Morgan Stanley rose after reporting better results than analysts had forecast.
The market appeared set Thursday morning for its fourth-consecutive positive open this week, but immediately turned negative as investors sold shares in Google and IBM. Earnings from toy maker Mattel and insurer UnitedHealth also dragged down the market. While big drops in IBM and UnitedHealth helped keep the Dow Jones industrial average in the red.
NEW YORK, April 17- U.S. stock index futures remained little changed after data showed the number of Americans filing new claims for unemployment benefits rose less than expected last week and remained near its pre-recession levels.
*Google, IBM shares fall a day after posting earnings. NEW YORK, April 17- U.S. stock index futures were flat and pointed to a lower open on Thursday after three days of gains on Wall Street, weighed by results including those from Google and IBM and ahead of employment and regional business growth data.
*Earnings depress Google, IBM in after-hours trade. LONDON, April 17- European shares fell and U.S. futures pointed to a weaker open on Wall Street on Thursday after disappointing results from tech heavyweights Google and IBM, while the dollar fell on dovish U.S.
*FTSEurofirst 300 falls 0.3 pct, Euro STOXX 50 down 0.4 pct. *Remy Cointreau, Diageo report weak China demand. LONDON, April 17- European shares edged lower on Thursday, weighed down by companies reporting earnings that were knocked by currency effects and weak demand from China, confirming a poor start to the earnings season in Europe.
PARIS, April 17- European shares were steady in early trade on Thursday, halting the previous session's rebound as lower-than-expected U.S. results and a warning by SAP over the negative impact of a strong euro eclipsed dovish comments from the Fed. The dovish comments helped fuel a rally on Wall Street.
BEIJING, April 17- China shares closed down on Thursday, pulled lower by weak real estate shares as investors braced themselves ahead of housing data expected to show property price growth slowed in March. The CSI300 of the leading Shanghai and Shenzhen A-share listings fell 0.4 percent.
*Google and IBM fall after hours as earnings disappoint. Disappointing results from Google and IBM had also knocked their shares lower after the bell and put a crimp on technology stocks in the region. Other markets made modest gains with shares in Australia up 0.5 percent and MSCI's broadest index of Asia-Pacific shares outside Japan adding 0.33 percent.
TOKYO, April 17- Japan's Nikkei share average ended flat in choppy trade on Thursday as profit-taking from the previous day's large gains offset optimism that the U.S. Federal Reserve will keep interest rates low for an extended period.
*Tencent gains on plans to bring Candy Crush to China. BEIJING, April 17- China stocks traded flat on Thursday, as investors piled into Shanghai Free Trade Zone related stocks but retreated from property firms ahead of data expected to show the sector slowed.
*Google and IBM fall after hours as earnings disappoint. However, disappointing results from Google and IBM knocked their shares lower after the bell and could crimp technology stocks in the region. Other markets fared better with shares in Australia up 0.5 percent and MSCI's broadest index of Asia-Pacific shares outside Japan adding 0.33 percent.
TOKYO, April 17- Japan's Nikkei share average was flat in choppy trade on Thursday morning as profit-taking from the previous day's big gains offset strength in U.S. shares which rose on confidence that the Federal Reserve will keep the interest rates low.
TOKYO, April 17- U.S. crude futures edged higher to trade just below $104 a barrel in early trade on Thursday, as rising geopolitical tensions over Russia's involvement in the crisis in Ukraine overshadowed a rise in U.S. oil inventories. *U.S. crude for May delivery was up 14 cents at $103.90 per barrel by 0009 GMT, after finishing 1 cent higher on Wednesday.
*Google and IBM fall after hours as earnings disappoint. However, disappointing results from Google and IBM knocked their shares lower after the bell and could crimp technology stocks in the region. Other markets fared better with shares in Seoul up 0.4 percent and MSCI's broadest index of Asia-Pacific shares outside Japan adding 0.2 percent.
SYDNEY, April 17- The yen wallowed at one-week lows against the dollar early on Friday, having eased broadly overnight as a rally in global stocks dented demand for the safe-haven currency. The dollar bought 102.22 yen after rising 0.3 percent on Wednesday, while the euro reached a two-week high of 141.77 yen before edging back to 141.22 yen.
US stock indexes rise in pre-market trading on positive earnings from Pepsi, others Americans seeking weekly unemployment benefits rose to 304,000; still at pre-recession levels GE earnings lower because of NBC sale last year, outlook for economy positive PepsiCo quarterly profit beats expectations on stronger snack sales, cost cuts Goldman Sachs says first-quarter earnings fall 11 percent as fixed income trading slumps Mattel reports 1st quarter loss on weak sales of Barbie, weakness internationally Chipotle sales surge as more customers take a taste, but higher costs limit profit gains Target expands subscription service as it fends off Amazon.com in fight for online shoppers EU warns Russia of using gas supplies to Ukraine for political ends, urges stable supplies UnitedHealth's 1st- quarter profit tumbles 8 percent, insurer cites overhaul costs
*Yahoo rallies after results; BofA falls. NEW YORK, April 16- U.S. stocks rose 1 percent on Wednesday, advancing for a third straight session as Federal Reserve Chair Janet Yellen reaffirmed the central bank's commitment to keeping interest rates low and Yahoo rallied.
NEW YORK, April 16- U.S. stocks rose 1 percent on Wednesday, advancing for a third straight session as Federal Reserve Chair Janet Yellen reaffirmed the central bank's commitment to keeping interest rates low. Yahoo's shares rallied, giving a boost to the S&P 500.. The Nasdaq Composite Index jumped 52.06 points, or 1.29 percent, to close unofficially at 4,086.23.
*Prices fall as China growth beats expectations, stocks rise. NEW YORK, April 16- U.S. Better-then-expected growth in China, the world's largest economy, and a rally in Yahoo shares helped stocks rise for a third straight session.