Feb 28, 2011 4:06 PM ET
U.S. indexes trade higher after personal spending and income rose. Pending contracts of sale of U.S. homes rose in January. In Europe, inflation stayed above the target level of the central bank. Crude oil stayed high and financial budget in India estimated smaller deficit on a quicker growth.
Feb 28, 2011 12:56 PM ET
The European indexes rose as oil prices stabilized but tensions in the Middle East remained high. Euro area inflation rose 2.3% in January and German import price inflation slowed and French producer price inflation slackened. Swedish retail sales growth and producer prices dropped in the month.
Feb 25, 2011 4:09 PM ET
U.S. indexes rebounded and European markets closed mixed after crude oil prices stayed near 30-month high. U.S. lowered fourth quarter economic growth to 2.8% from 3.2% and consumer confidence rose in February.
Feb 25, 2011 9:04 AM ET
The European indexes rose after oil price eased. Euro area money supply growth slackened, French consumer spending declined and Spanish PPI soared in January. German consumer price inflation was steady at 2% in February. Saint-Gobain net surged more than five-fold.
Feb 24, 2011 4:00 PM ET
U.S. stocks rebounded from the lows as crude oil gained as much as 2% before retreating while Libya burned. Saudi officials said that the nation is ready to meet any shortfall in oil from Libya. GM reported first annual profit in the last six years and new home sales declined 12.6%.
Feb 24, 2011 9:51 AM ET
The European indexes declined after unabated protests in Libya. Euro area economic sentiment improved in February and German economy expanded in the fourth quarter. French consumer confidence remained unchanged in February. Italy retail sales rose in December.
Feb 23, 2011 4:41 PM ET
U.S. stocks traded lower as Libya took center stage and oil rallied to $100 a barrel before settling at $98.10. The nascent U.S. economic recovery could take a hit if crude oil remains above $90 a barrel for the next 45 days. Technology stocks declined after Hewlett Packard dropped 9.5%.
Feb 23, 2011 9:15 AM ET
The European indexes slid after unrest in Libya continued. Euro-zone industrial orders grew in December. Merkel hinted on an extension of Greece repayment period. French inflation index stays flat in January. Spanish mortgage approvals slumped in December. Accor and Commerzbank swing to profit.
Feb 22, 2011 6:02 PM ET
The S&P dropped 2.2% and the Nasdaq index decline 2.8% as unrest in Libya threaten oil production and supply to Europe. The rising tensions are making authorities in Saudi Arabia, Iran and Syria worried. Wal-Mart declined after quarterly sales were lower than expected. Home prices fell in the U.S.
Feb 22, 2011 9:49 AM ET
The European indexes slide as protests continued in Libya, Morocco and Bahrain. German consumer sentiment strengthened. French housing starts growth slackened in January. Swiss trade surplus and exports rose in January. Zurich Financial formed venture with Banco Santander.