Jul 31, 2009 5:48 PM ET
World markets edged higher in July after earnings drove indexes higher in China, India, Brazil, U.S., Canada and UK. The Nasdaq led U.S. indexes with a rise of 44% for the year and 8% in the month. Dun & Bradstreet fell 13% in trading after it lowered its earnings outlook.
Jul 31, 2009 4:50 PM ET
Stocks in Japan in weak trading advanced for the week and for the fifth month in a row. Mitsui Fudosan, the largest Japanese real estate operator earnings surged lifting stocks in the sector. Unemployment in June increased to six-year high and consumer price index declined in the month.
Jul 31, 2009 3:04 PM ET
The economy contraction in the second quarter slowed to an annual rate of 1% after falling at 6.4% in the first quarter and 5.4% in the fourth quarter of last year. The smaller decline in GDP reflected a rise in government spending and smaller decline in fixed investments and private inventories.
Jul 31, 2009 10:55 AM ET
Stocks in India reached five-month high on the back of earnings. Hindalco, Reliance Infrastructure, Great Eastern Shipping and Welspun reported better than expected earnings. Rain deficit at the end of this week has declined to 18% from 27% two weeks ago on above normal rain.
Jul 30, 2009 4:12 PM ET
Global markets traded higher after earnings driven optimism lifted markets around the world. In the U.S. MasterCard, Cigna, Motorola delivered better than expected earnings. Initial claims of unemployment increased and crude oil rebounded. Metals in commodities closed higher in London and New York.
Jul 30, 2009 12:40 PM ET
Earnings dominated trading in Tokyo. Industrial production increased 2.4% in June and in the quarter surged 8.3%. Sony surged after it reported lower than expected loss. Honda soared after it offered better than expected annual earnings.
Jul 30, 2009 9:03 AM ET
Earnings from companies in various industries in India present a picture of healthy economy and rising corporate spending. ICICI, Mahindra & Mahindra, State Bank of India, Mundra Port and Patni Computer exceeded expectations. Rupee declined 0.3%. Banks and software services providers gained.
Jul 29, 2009 5:50 PM ET
Commodities dropped sharply after the latest crude oil inventories report from the U.S. and a plunge in Shanghai stocks. Oil dropped 6.5% and natural gas declined 4%. Treasury auction of $39 billion drew more than expected interest.
Jul 29, 2009 11:36 AM ET
Stocks in Shanghai plunged after investors worried of the government crackdown on new loans and housing bubble. The benchmark index has surged more than 75% in the last nine months. China Cosco dropped after it estimated a loss in the first half on weak container and dry bulk cargo.
Jul 29, 2009 9:28 AM ET
Mumbai stocks retreated after sharp gains in the last ten days and on earnings jitters. Jindal Steel surged after its earnings gained on currency bets. Aditya Birla Nuvo Ltd dropped on poor results. DLF fell back from its recent highs ahead of earnings. National Fertilizers declined.