Jul 31, 2012 4:51 PM ET
U.S. indexes closed down 0.4% and traded sideways ahead of the Fed decision tomorrow. Earnings release pace accelerated in the U.S., Europe, Japan and India.
Jul 31, 2012 10:47 AM ET
Japanese investors faced a barrage of earnings from 270 companies. Panasonic reported seven-fold increase in operating income and Mitsui O.S.K. guided first half operating profit. Mitsubishi Electric earnings were ahead of expectations and Horikuku net jumped 58%.
Jul 30, 2012 4:02 PM ET
Global investors remained focused on the euro, Spain and Greece. European Central Bank and rescue fund are expected to announce decisive measures to purchase bonds of Italy and Spain as more leaders in the region lift hopes. Euro, oil and gold eased.
Jul 30, 2012 9:58 AM ET
Stocks in Japan traded higher as political momentum builds in the euro zone for another round of bond purchase. Nippon Steel fell after it estimated loss in the first half. Fujitsu traded near three decade low after it reported a net loss but Konica Minolta gained on earnings.
Jul 27, 2012 4:04 PM ET
U.S. indexes extended rally that began in Europe yesterday and swept around the world on the hopes of a fresh round of bond purchase by the European Central Bank. The strong market gains were seen in broad indexes and commodities closed higher. However earnings related stocks dominated trading.
Jul 27, 2012 11:13 AM ET
Nikkei index in Tokyo advanced 1.5% and for the week decreased 1.2%. Automakers, steelmakers and shippers led the market advance after comments from the ECB president and short covering fuelled the rally.
Jul 26, 2012 4:00 PM ET
Latest batch of earnings from U.S., Europe and Asia lifted markets sentiment in nine largest markets around the world. Indexes in Europe and New York also advanced after ECB president reiterated his comments to preserve the euro. Commodities gained.
Jul 26, 2012 12:11 PM ET
Stocks in Japan rebounded after short sellers completed most of the selling earlier in the week. Nissan quarterly profit declined 15% and stronger yen took a bite from the earnings. Fanuc gained after it reaffirmed first half outlook. Nintendo reported narrower loss.
Jul 25, 2012 2:32 AM ET
U.S. stocks turned negative in a choppy session. Technology stocks were weak after a decline in Apple and Netflix. New home sales dropped at 8.4% annual rate in June. Outlook in Europe darkened after UK reported deeper than expected economic decline.
Jul 25, 2012 11:09 AM ET
Stocks in Tokyo traded lower and the Nikkei index fell to its lowest in the year. The index is down 1.1% in the year so far on the worries that a new round of economic stimulus in the U.S. may strengthen the yen. Tech stocks declined after Apple earnings were below expectations.