Mar 27, 2012 9:12 AM ET
German Chancellor offered a concession to increase the size of bailout funds to €690 billion ahead of the key finance ministers meeting. Spain and Italy sold debt at varying borrowing costs. Retail sales in the UK remained stable in March.
Mar 26, 2012 4:21 PM ET
U.S. indexes surged to a new multi-year highs and the Nasdaq composite index climbed to a new high since November 2000. Healthcare stocks were higher as the U.S. Supreme Court began hearings on the healthcare reform.
Mar 26, 2012 10:11 AM ET
U.S. stocks traded higher after three days of declines in broader market averages. Crude oil and copper prices eased and German business confidence was better than expected. Spain and Italy were in focus ahead of general strikes this week.
Mar 26, 2012 8:57 AM ET
The benchmark indexes in Tokyo pared gains after banks and utilities trimmed the earlier gains. Resources linked stocks led the upsurge in the morning following a rise in copper and crude oil prices.
Mar 26, 2012 9:14 AM ET
European indexes edged higher after German sentiment improved to an eight-month high in March. The euro area leading economic index rose in February. The Italian Prime Minister Mario Monti warned that the Spanish financial situation could lead to a resurgence of the debt crisis.
Mar 26, 2012 8:29 AM ET
Australian markets traded lower after resources linked stocks, banks and retailers closed down. Bank of Queensland was halted after it estimated $91 million in first losses and said it plans to raise $450 million in an offering.
Mar 23, 2012 4:27 PM ET
U.S. stocks traded higher and for the week the S&P 500 index declined for the first time in five weeks. Energy stocks led the gainers in today’s session. Bats Exchange was forced to cancel its public offering after a system malfunction. Home builders plunged after new home sales declined.
Mar 23, 2012 1:11 PM ET
Stocks on Wall Street declined as global economic worries resurfaced. New home sales declined 1.6% in February and the media price increased 6.2% from a year ago. Apple stock was halted after a single trade knocked off 9% and recovered at the reopen.
Mar 23, 2012 12:00 PM ET
Stocks in Tokyo fell as investors avoided adding to net positions after worries of recession in the euro zone added to the soft landing concerns in China. Exporters and China linked stocks declined. Nomura extended 2-day losses to 7%.
Mar 23, 2012 11:27 AM ET
Accenture quarterly net increased 9.5% and lifted revenue outlook. Nike quarterly net rose 7% to $560 million and orders increased 15% to $9.4 billion. Darden Restaurants third quarter net rose to $164.1 million and reaffirmed fiscal 2012 guidance. KB Home first quarter net loss narrowed to $45.8mn.