U.S. stocks closed higher for a second session on Monday as Wall Street weighed moves by the Fed.» Read More
Ford, Amazon, Subway, the History Channel, Lowe's and V8 are the "buzziest" brands in the United States, according to the latest bi-annual list from YouGov's BrandIndex.
This is the first big week of second-quarter earnings, and it is sure to bring both joy and misery to Wall Street.
LONDON, July 15- French government bonds held steady on Monday after the country lost its last major triple-A rating last week, suggesting investors have come to terms with a shrinking universe of top-rated debt.
*Some forecasts doubt China can meet 2013 growth target. *China slowdown favourable for reforms, stats bureau says. BEIJING, July 15- China's annual GDP growth slowed to 7.5 percent in April to June- the ninth quarter in the last 10 that expansion has weakened- putting pressure on Beijing to quicken reforms rather than slow them to take up the economic slack.
Asian stocks were modestly higher on Monday as investors breathed a sigh relief after China's latest second-quarter growth figures matched market expectations.
NEW YORK, July 14- This week marks the first big week of second-quarter earnings, and it is sure to bring both joy and misery to Wall Street. Even after Fed Chairman Ben Bernanke scared markets in June by telling investors the Fed is likely to reduce monetary stimulus in the coming months, stocks have recovered, with both the Dow and S&P 500 climbing to all-time highs.
July 12- Unexpectedly large quarterly profits at JPMorgan Chase& Co and Wells Fargo& Co hide a more worrisome forecast for the rest of the year for many U.S. banks.
Cramer has been skeptical of the financials lately. However, he's not skeptical of all financials.
The CTFC voted Friday to allow U.S. banks operating overseas to be governed by foreign rules in some cases.
*MSCI stock index up 3.4 pct for week, best week since November. At some point, a breather or some sort of consolidation makes sense, "said Joe Bell, senior equity strategist at Schaeffer's Investment Research in Cincinnati.
NEW YORK, July 12- Next week marks the first big week of second-quarter earnings, and it is sure to bring both joy and misery to Wall Street. Even after Fed Chairman Ben Bernanke scared markets in June by telling investors the Fed is likely to reduce monetary stimulus in coming months, stocks have recovered, with both the Dow and S&P 500 climbing to all-time highs.
*Boeing's stock falls after Dreamliner fire at Heathrow Airport. NEW YORK, July 12- U.S. stocks advanced on Friday, supported by banks' strong earnings, but Boeing limited the Dow's gain after an airplane fire in London.
Stocks eked out gains Friday but major averages rallied sharply for the week, with the S&P 500 and Nasdaq posting their second best weekly gains this year.
*Jobless rate of 6.5 pct should' trigger' rate rise- Plosser. JACKSON HOLE, Wyo., July 12- The U.S. The proposal by Philadelphia Fed President Charles Plosser runs against the grain of most other U.S. monetary policy-makers, who have increasingly stressed that interest rates could well stay near zero well after the U.S. jobless rate hits that level.
NEW YORK, July 12- The dollar bounced back from a steep sell-off on Friday while world stock indexes were mostly steady as equities markets took a break from their recent rally and investors focused on mixed U.S. corporate earnings.
July 12- JPMorgan Chase& Co, the largest U.S. bank, posted a 31 percent increase in second-quarter earnings on Friday after underwriting income jumped and bond trading revenue rose. JPMorgan, the first of the major U.S. banks to report results for the quarter, managed to book more profit from trading corporate bonds even as debt prices broadly fell.
*Boeing plunges on news of Dreamliner fire at Heathrow Airport. NEW YORK, July 12- U.S. stocks were little changed on Friday as the market took a breather after ending at record highs, and as investors digested strong earnings reports from JPMorgan Chase and Wells Fargo but a lowered profit outlook from United Parcel Service.
Oil rose to $109, led by the biggest surge in gasoline futures in four months as a string of refinery outages stoked concerns about fuel supplies in the U.S. summer driving season.
NEW YORK, July 12- The dollar bounced back from a steep selloff on Friday while world stock indexes were nearly flat as investors' focus shifted to mixed U.S. corporate earnings. Gold dipped as the dollar rebounded and investors booked profits after four days of gains, but was on track for its biggest weekly advance in nearly two years.
*Boeing plunges on news of plane fire at Heathrow Airport. NEW YORK, July 12- U.S. stocks were mostly flat in afternoon trading on Friday, helped by strong earnings from JPMorgan Chase and Wells Fargo, while shares of Boeing slumped after an airplane fire in London.