Jan 09, 2012 9:42 AM ET
The UK indexes tracked lower on the weak market sentiment in Europe. Financial sector revenues grow at a record pace in since 2007. Royal Bank of Scotland planned to sell its global cash equities business.
Jan 09, 2012 9:35 AM ET
The U.S. indexes traded sideways. Bristol-Myers agreed to acquire Inhibitex for $2.5 billion. InfoSpace signed an agreement to acquire TaxACT for $287.5 million. After the close, Alcoa is expected to release fourth quarter earnings that are likely to be weaker.
Jan 09, 2012 8:09 AM ET
Australian stocks and indexes closed flat after new home sales rose 6.8% in November and October sales increase was lowered to 2.8%. Retail sales in November were flat after rising for four months in a row. The dollar edged lower.
Jan 09, 2012 7:55 AM ET
Euro area investor confidence improved in January after weakening for five months in a row. The French trade deficit narrowed and German industrial output dropped in November. Swiss jobless rate increased in December.
Jan 09, 2012 12:12 PM ET
The European indexes traded lower after Germany sold €3.9 billion of 6-month debt with negative yield and Italy and Spain are set to sell more debt in the week. German foreign trade surplus rose in November. BMW sales rose 14.2% in 2011. Banco Santander said it achieved a core capital ratio of 9%.
Jan 06, 2012 4:14 PM ET
U.S. stocks traded sideways and banks and home builders were in focus. For the week the S&P 500 index added 1% and the Nasdaq increased 2.2%. European markets generally closed higher in the week and bond yields rose ahead of Italian and Spanish debt auctions. Crude oil traded near $102 a barrel.
Jan 06, 2012 9:59 AM ET
The UK indexes gained but home prices and new car registration fell in December. The UK home prices declined 0.9% and new car registrations declined 4.4% in 2011. The LSE Group reported a fall in trading in December.
Jan 06, 2012 9:35 AM ET
The U.S. indexes edged higher after the economy added 200,000 net new jobs and the unemployment rate declined to 8.5% in December. Japan-based Marubeni acquired 35% stake in Eagle Ford Shale. The euro faced more headwinds as Spanish and Italian bonds yields rise.
Jan 06, 2012 8:58 AM ET
Stocks in Tokyo trading declined as volume rebounded ahead of three-day weekend. The Nikkei declined 1.2% and the Topix index fell 0.9%. For the week, the Nikkei fell 0.9% and Topic gained a fraction. Panasonic plans to sell its stake in JVC Kenwood. Japan Bridge soared 19%.
Jan 06, 2012 8:20 AM ET
European indexes climbed the wall of worries after Spain estimated €50 billion bank reserves for bad property assets. The EFSF sold €3 billion of 3-year bonds yesterday. German industrial orders fell in November. Euro area economic confidence weakened and Swiss consumer prices slid in December.