Apr 13, 2012 3:59 PM ET
U.S. stocks declined after Wells Fargo and JP Morgan Chase reported better than expected earnings but rising expenses worries outweighed. Sentiment was weak after credit default swap on Spanish bonds rose to a record high and China reported weakest quarterly economic growth in nearly four years.
Apr 13, 2012 8:42 AM ET
Stocks in Tokyo gained for the second day in a row and market indexes advanced 1.2% on Friday. For the week, the Nikkei edged down 0.5% and held on to gains of 14% in the year so far. Sony Corp extended losses for the third day.
Apr 12, 2012 4:02 PM ET
U.S. indexes extended gains for the second day in a row after two Fed officials endorsed the low interest rate view through 2014. Weekly jobless claims rose. Google Inc jumped 2% ahead of earnings after the market close.
Apr 12, 2012 8:28 AM ET
Stocks in Japan halted seven day decline and the yen held firm ahead of the long-range rocket launch from North Korea. Sony and Sharp were in focus for the second day after the revised loss estimates. Freight shipping companies fell on the prospect of lost revenues linked to Iranian oil shipments.
Apr 11, 2012 7:32 AM ET
U.S. indexes halted a losing streak of five days after Alcoa Inc reported better than expected earnings. Home builders surged on the expectations of higher earnings and banks gained ahead of earnings. Natural gas prices fell below $2 mark for the first time since January 2002.
Apr 11, 2012 8:23 AM ET
The benchmark Nikkei index in Tokyo extended losses for the seventh day totalling 6.2%. Machinery orders jumped in February and the yen strengthened. Bank lending rose in March as reconstruction drive loans demand.
Apr 10, 2012 4:00 PM ET
U.S. stocks fell for the fifth day in a row and indexes lost more than 1% today and extended losses to 4% in the period. Euro zone debt crisis resurfaced as yields surge to a high for the year. Best Buy Co said CEO Brian Dunn resigned and Sony Corp declared annual loss for the fourth year in a row.
Apr 10, 2012 9:01 AM ET
Stocks in Japan eased for the sixth day in a row as investors focused on earnings season ahead next week. Sony Corp estimated $6.4 billion annual net loss, fourth yearly loss in a row. The electronics maker is planning to eliminate 10,000 jobs or 6% of its staff.
Apr 09, 2012 9:07 AM ET
Asian markets were on the defensive and the benchmark index in Japan dropped 1.5% and extended losses for the fifth day in a row. Retailers declined after a weak industry forecast from Takashimaya.
Apr 06, 2012 9:24 AM ET
Stocks in Japan eased and the benchmark Nikkei index fell 0.8%. The index closed down 4% in the week as the yen drives more auto production away from Japan. Prime Minister Noda and three cabinet members have agreed on a broad safety framework to restart two reactors at Ohi nuclear power plant.