Aug 17, 2012 4:50 PM ET
U.S. indexes extended gains for the sixth week in a row on improving consumer confidence and economic conditions. S&P 500 index is up 12.8% in the year and the Nasdaq Composite is up 17%. Facebook, Groupon and Zynga dropped to new lows after more stocks are available for trading.
Aug 17, 2012 11:56 AM ET
The Nikkei index gained more than 3% for the second week in a row after investors covered short positions and the yen weakened. Japan Tobacco was volatile for the third day in a row after China proposed tobacco advertising ban and higher taxes.
Aug 16, 2012 4:57 PM ET
The latest read on housing market and jobless claims added to the string of improving U.S. economic data. Stocks were higher after the largest networking equipment maker Cisco reported better than expected earnings Facebook extended the loss to a 60% plunge from the IPO price.
Aug 16, 2012 2:18 PM ET
Stocks in Japan gained and the benchmark index Nikkei closed at a 6-week high after the yen fell. Comments from Chinese premier and the weakness in the yen prompted a sharp reversal in exports linked companies.
Aug 15, 2012 4:22 PM ET
U.S. markets traded sideways and Industrial output increased in July but manufacturing index fell in New York region. European markets eased and gold, copper and oil traded higher. Asian markets were flat and Shanghai index fell 1.1%. Markets in India were closed to celebrate Independence Day.
Aug 15, 2012 1:52 PM ET
Stocks in Tokyo eased and steel makers led the decliners on the worries that the demand from China was waning. Gree Inc, the social gaming site operator dropped 7% after estimating lower than expected annual outlook.
Aug 14, 2012 4:00 PM ET
U.S. stocks gained after retail sales increased the most in four months. However, euro zone economies struggled in the second quarter. In trading, Internet stocks were in focus after Groupon plunged 23% and Yelp, Angies List and Facebook extended losses. New York settles Standard Chartered probe.
Aug 14, 2012 12:33 PM ET
Stocks in Tokyo traded higher for the first time in three days as most investors stayed away for a weeklong holiday. Investors focused on international events after the winding down of the earnings season and the lack of domestic economic news.
Aug 13, 2012 12:48 PM ET
Japan reported a sharp decline in economic growth in the second quarter as consumer spending growth eased. Stocks were nearly flat on the hopes of additional stimulus measures. Taiheiyo Cement Co dropped 5% after quarterly profit was lower than expected.
Aug 10, 2012 11:01 PM ET
World markets turned gloomy after China reported weak international trade data following a series of slowing economic indicators released on Thursday. European indexes declined and stocks on Wall Street rebounded after weak opening and closed higher for the fifth week.