Ukraine Prime Minister Yatsenyuk told CNBC his country is not prepared to make concessions over Crimea, the region at the center of tensions between Russia and the West.» Read More
Discussing whether the U.S. economic data is good enough to keep markets rallying, with Philip Streible, RJO Futures and Jeffrey Palma, Head of Global Equity Strategy & Managing Director, UBS
Stock index futures pointed to a lower open for Wall Street today, tracking losses in Europe on concerns over whether Greece can avoid a messy default. Greece's coalition parties must tell the European Union on Monday whether they accept the painful terms of a new bailout deal as EU patience wears thin with political dithering in Athens over implementing reforms.
CNBC's Julia Chatterley has the latest on conflicting news on whether there will be a debt deadline today in Greece.
US futures point to Wall Street opening down today as European shares fell back from a six-month high early today, with investors worried about whether Greece can avoid a messy default as its politicians struggled to agree austerity measures needed to secure a bailout package. Asian shares ended mostly higher as surprisingly robust U.S. jobs data bolstered investors' risk appetite.
Headline risk is pushing the euro lower on news that the new Greek package may require up to $145 billion from Euro Zone members. Rebecca Patterson, chief markets strategist at JPMorgan, explains.
U.S. markets respond positively to non-farm payroll numbers. The S&P 500 is on track to rise for the 5th straight week, the longest streak since January 2011. Consulting firm estimates lost about a $1 billion in wasted work the week leading up to the Super Bowl.
European shares jump after upbeat U.S. employment data. Banks are among the top gainers. January Euro zone Purchasing Managers Index 50.4 vs. 48.3 in December. Greek bailout may have to be $19.7 billion higher. Switzerland probes 12 U.S., European and Japanese banks over lending rates. Greece's 2011 budget deficit will come in smaller than expected. With Yra Harris, Praxis Trading, and Kevin Ferry, Cronus Futures Management.
US stock index futures pointed to a higher open for Wall Street after better than expected data in the euro zone and the UK and ahead of crucial nonfarm payroll data. European stocks reversed a negative trend after UK services PMI jumped to a 10-month high while in the euro zone the private sector snapped four months of decline and advanced.
S&P 500 futures suggest Wall Street will start the day with a fractional gain after European shares are up slightly due to better than expected UK January services PMI data. Investors await U.S. jobs data for indications of the strength of the recovery in the world's biggest economy. Asian shares closed mixed on Friday as a dip in figures on China's non-manufacturing sector helped dampen financial markets optimism.
Markets in Europe rally near the U.S. open, mostly on comments from the German finance minister. He also says there will be no more public aid for Greece. Bernanke testifies in front of the House Budget Committee, says inflation is expected to remain below the 2 percent target for the next few years. Europe has monetary union and fiscal disunion, he adds. The U.S. needs to manage fiscal issues, says Bernanke, to keep investor confidence. And it must address health care costs if it's going to develop a long-term debt solution.
Weaker than expected earnings from heavyweights such as Deutsche Bank, Shell, Unilever and Sony have turned European stocks flat and offset the more positive results out of Spanish and French bond auctions and merger talks between miner Xstrata and commodities trader Glencore. The FTSE Eurofirst 300 index of top European shares was down 0.1 percent at 1,056.47 points, having been as high as 1,061.25 earlier.
US futures point to a mixed picture on Wall Street after strong gains yesterday. European shares turned negative as some weaker-than-expected results from heavyweights such as Unilever offset the benefits of merger talks between miner Xstrata and commodities trader Glencore. However Asian shares ended higher as encouraging manufacturing data soothed fears about the global economic fallout from the euro zone debt crisis.
How to trade the markets now coming into the close, with Chris Hyzy, U.S. Trust Chief Investment Officer.
The Baltic Dry Index, once considered a key gauge of the global economic activity, is collapsing to its lowest levels in 25 years. CNBC's Dennis Gartman weighs in.
The market moves higher as positive manufacturing data continues. ADP says January private sector jobs were up 170,000. Ford and Chrysler see sales growth in January. Seagate expects unit shipments top jump by nearly a third this quarter. Northrop Grumman 4th quarter profit more than doubles. And Whirlpool provides optimistic commentary for the year. Meanwhile, Amazon guidance disappoints the Street and the company's stock takes a 9 percent hit.
Markets in Europe end the day at a 6-month high on renewed hopes for Greece. Markets are boosted by data showing German manufacturing growth. Banks and Chemical companies among day's top gainers. European regulators block NYSE/Deutsche Boerse merger. Yields fall at Portugal auction of 3- and 6-month debt. And iBM reportedly plans to cut 8,000 jobs in Germany. With Jeff Carter, independent trader, on MF Global.
"The NYSE should be in this country and shouldn't be owned by anyone else and any other country," says Donald Trump, Trump Organization chairman/president. Trump shares his thoughts on the GOP race for nomination and adds, the longer the campaigning goes, the longer discussions continue, which is good for the party. He says if the economy gets better it is better for the sitting President.
US stock index futures indicated a sharply higher open for Wall Street, with spirits lifted by a possible announcement of an IPO by Facebook and ahead of various data on unemployment. In Europe, shares are higher, led by banks and after China's manufacturing sector data showed an upturn in production.
US futures point to Wall Street opening higher today, while European shares extended gains as investor sentiment was boosted after manufacturing data out of the UK and China came in better-than-expected. However Asian stock markets struggled as weaker U.S. data dampened recent optimism that the world's largest economy may escape the gloom from the euro zone debt crisis, while Chinese manufacturing surveys failed to break the cautious mood.
Mad Money host Jim Cramer shares his final thoughts on sovereign paper and the European bond market.
Joshua Klein, author of Reputation Economics, discusses how emerging technology is changing commerce as online reputation and data allow companies to tailor their offer to individuals.
Richard Mallinson, geopolitical analyst at Energy Aspects, discusses the impact the crisis in Ukraine could have on the price of oil and gas, as major pipelines linking Russia to Europe run through Ukraine.
Yuriy Lutsenko, leader of the Ukrainian Lidan Movement, casts doubts on the new Ukrainian government's ability to change the system and fight corruption.