NEW YORK, Feb 13- World stock markets edged higher on Thursday as soft U.S. economic data was blamed on bad weather, while the dollar fell to a two-week low against the euro. U.S. stocks rose, with big gains in technology shares giving the Nasdaq a sixth straight session of gains, its best advance since December 2011.
NEW YORK, Feb 13- Interpreting U.S. economic figures in the last couple of months has taken on a familiar pattern: wonder about possible weakness in demand, and then shrug and dismiss it all as a product of bad weather.
*U.S. stocks manage gains, but Cisco falls. *Italy's Letta announces resignation after market close. Autos will come back, housing will come back, "said Phil Orlando, chief equity strategist at Federated Investors in New York.
NEW YORK, Feb 11- The dollar rose and global equity markets rallied on Tuesday after Federal Reserve Chair Janet Yellen said she expects the U.S. central bank to continue trimming its bond purchases, a sign the Fed believes the economy is on track to grow further.
NEW YORK, Feb 11- The dollar and global equity markets rallied on Tuesday after Federal Reserve Chair Janet Yellen said she expects the U.S. central bank to continue trimming its bond purchases, a sign the Fed believes the economy is on track for further growth.
*Gold rises to three-month high, U.S. government debt sells off. NEW YORK, Feb 11- The dollar and global equity markets rose on Tuesday after new Federal Reserve Chair Janet Yellen said on Wednesday she expects the U.S. central bank to continue trimming its bond purchases, a sign the U.S. economy is on track for further growth.
NEW YORK, Feb 7- After the S&P 500' s first weekly gain in a month, investors will see next week whether the U.S. stock market's rally of the last two days is the shape of better things to come- or if this year's weakness will turn into a full-fledged correction.
*Apple leads market higher on buyback boost. *Online travel agencies' shares fly after Expedia results. NEW YORK, Feb 7- U.S. stocks jumped on Friday, giving the S&P 500 its first weekly gain in four as the impact of a weak reading on the labor market was dulled by harsh weather conditions and traders focused on expectations of further economic strength.
That idea has caught on, especially recently: In 2013, everyone from 401 providers to mom and pop embraced index funds, sending almost $2 into them for every $1 they invested in actively managed funds, according to Morningstar.
*December payrolls much lower than expected; weather blamed. *Alcoa slides after results, Sears drops on holiday sales.
*Alcoa slides after results, Sears drops on holiday sales. NEW YORK, Jan 10- U.S. stocks were little changed on Friday after the December payrolls report came in much weaker than expected, raising new questions about both the strength of the economy and the aggressiveness of Federal Reserve stimulus. Shares of Lennar Corp gained 2.1 percent to $39.23.
NEW YORK, Dec 6- U.S. companies are sounding the alarm on fourth-quarter earnings, lowering profit estimates just as the stock market is poised to end its best year since 1998.. "There's a natural tendency on the part of Wall Street in any given year to be overly optimistic as it relates to the back half of the year...
NEW YORK, Nov 25- Europe is no longer the forbidden zone for U.S. money market funds, which have been adding to their holdings of securities from the region's banks after slashing their exposure during the height of the euro zone debt crisis two years ago.
In the lingo of Wall Street, to taper is not to tighten, a revelation that put the Dow on track to close a seventh straight week of gains, its longest winning streak since an eight-week rally that began in December 2010.
*Oil rises above $110 a barrel as market eyes Iran talks. "The Fed will not start to taper until the economy is able to walk on its own; that's a positive," said Phil Orlando, chief equity market strategist at Federated Investors, in New York. MSCI's all-country world equity index, which tracks shares in 45 countries, rose 0.31 percent.
NEW YORK, Nov 22- U.S. stocks were little changed on Friday amid a dearth of data and ahead of a holiday-shortened week in the United States, a day after the Dow industrials broke 16,000 for the first time.
NEW YORK, Oct 31- Asset manager Invesco Ltd said on Thursday that its third-quarter profit rose 34 percent as strong net inflows, primarily in its retail business, helped boost assets. Assets under management at Invesco grew by $39.9 billion during the quarter to total $745.5 billion at the end of September, a 12.4 percent increase from a year earlier.
Customers withdrew more money than they added for a variety of reasons among the firms, which include T. Rowe Price Group Inc, Franklin Resources Inc, Janus Capital Group Inc, and at Federated Investors Inc..
*Claims fall less than expected as California backlog continues. NEW YORK, Oct 24- U.S. stocks edged higher on Thursday, as investors grappled with a host of corporate earnings and muddled batch of economic data.
LONDON, Oct 4- Fears of a U.S. default are creeping up in financial markets, with stress in short-term funding markets and bets on prolonged money printing by the Federal Reserve giving money market funds a fresh headache.