Stocks pared gains as news that fighting in Libya was continuing despite Libya's pronouncement that it was ceasing military operations, although bank stocks got a lift as institutions began announcing dividend increases. JPMorgan and Caterpillar led the gainers.
U.S. stock index futures rose sharply ahead of the open Friday after Libya announced it was ceasing military operations to protect civilians in the wake of United Nation's decision to create a no-fly zone over the country.
As the market begins the process of second guessing the G7’s coordinated action to keep the yen lower, High Frequency Economics is warning investors the damage caused by the disaster in Japan is being both understated by the government and underappreciated outside of people in the immediate vicinity.
Stocks climbed back from the lows of the year as investors shrugged off continuing uncertainty in Japan to send stocks broadly higher. HP and Pfizer rose, while Kraft fell.
Stocks climbed to near the highs of the day ahead of the close as investors stepped back into the market to send it broadly higher after all the major indices fell to their lows for the year on Wednesday. HP and Chevron rose, while Kraft fell.
Stocks climbed back from the lows of the year on Thursday amid largely strong economic reports and after sharp drops in all the major indices on Wednesday. HP and Chevron led Dow gainers.
U.S. stock index futures gained after news that jobless claims dropped to 385,000 and consumer inflation was in line with expectations.
"A sense of calm with an undercurrent of mild panic," is how one Bahraini described the scene at Bahrain International Airport Thursday morning,after the Bahrain Defense Force (BDF) cleared the country's Pearl Roundabout area of anti-government protestors, killing at least three people.
US stock index futures pointed to sharp gains for Wall Street Thursday as the market clawed back from a steep selloff Wednesday when the S&P 500 erased all its year-to-date gains amid concerns over the impact of Japan’s nuclear crisis.
As Japan’s nuclear crisis intensified Wednesday, governments across Europe remained at odds over whether to scale back nuclear power programs or continue plans to expand, reports the New York Times.
Stocks fell to the lows of the year on Wednesday in a volatile session driven by fears stemming from Japan's nuclear crisis. IBM and GE led the blue-chip index lower.
Stocks traded off the lows of the day, but remained sharply down in a volatile session after news reports that Tokyo Electric Power almost completed a power line that could restore electricity to the stricken nuclear power plant and potentially solve the immediate crisis. IBM and GE led the Dow lower.
The Mexican government said Wednesday it has allowed U.S. drones to fly over its territory to gather intelligence on drug traffickers.
Stocks trimmed losses after investors learned a European energy chief didn't have material information about the situation in Japan before saying the crisis was "out of control."
U.S. stock index futures slumped after news that inflation at the producer level rose more than expected, while housing start plunged, and as investors continued to digest the implications of a nuclear crisis in Japan and heightened tensions in the Middle East.
Stocks closed off the lows of the day, although still 1 percent lower, as buyers stepped into the market in afternoon trading even as investors remained unnerved by the escalating nuclear crisis in Japan. Intel and Cisco fell, while Chevron gained. .
Stocks significantly pared losses, although continued to trade lower, after the Federal Reserve reaffirmed intentions to continue stimulating the economy through bond purchases even as investors remained unnerved by the escalating nuclear crisis in Japan. Intel and Cisco fell, while Chevron gained.
The March 2011 earthquake off the coast of Japan has rocked international markets as the world tries to gauge the reality of the human and economic devastation in the country.
Stocks pared the worst losses of the day, although remain sharply lower, as the worsening nuclear crisis in Japan prompted investors to sell stocks across the globe and move into safer investments. GE and Intel led the blue-chip index lower.
U.S. stock index futures pointed to very large declines for Wall Street Tuesday, following Asian and European markets lower, as the worsening nuclear crisis brought sellers out in droves.