Jan 31, 2012 5:33 PM ET
U.S. stocks were in a holding pattern after consumer confidence index dipped in January and home prices declined for the third month in a row in November. European leaders agreed for a fiscal pact and paved the way for the euro zone nations to tighter integration. The yen traded at a 3-month high.
Jan 31, 2012 8:50 AM ET
Euro area jobless rate remain unchanged but stayed above 10% in December as Spanish jobless rate rose to 22.9% and Greek rate to 19.2%. German retail sales dropped and French consumer spending fell in December. Spanish inflation eased in January.
Jan 31, 2012 7:42 AM ET
European leaders agreed on the fiscal compact that will pave the way for the European Central Bank involvement. Czech Republic and UK dissented. ThyssenKrupp agreed to sell its Finnish unit for €2.7 billion.
Jan 30, 2012 4:01 PM ET
Stocks in New York traded lower as European leaders gather in Brussels one more time to devise plans to contain debt crisis. Banks and resources in New York and Europe declined. Exxon sold its majority stake in a Japan based refinery. U.S. Treasury bonds yields fell near record low levels.
Jan 30, 2012 8:09 AM ET
German wholesale sales eased and the Spanish economy contracted in the fourth quarter. Euro area economic confidence improved but Italian business confidence declined in January.
Jan 30, 2012 7:44 AM ET
European markets edged lower ahead of the EU leaders meeting in Brussels later today and Italy auctioned €7.5 billion in long-term debt today at lower yields. ABB agreed to acquire Thomas & Betts for $3.9 billion. Philips swung to quarterly loss.
Jan 27, 2012 4:34 PM ET
U.S. indexes fell after the latest economic growth data failed to spark enthusiasm. Ford Motor reported a large net profit on one-time tax gains but operating net lagged on weak Asian and European results. Markets indexes in Europe declined after Greek talks foundered and Spanish jobs surged to 23%.
Jan 27, 2012 10:36 AM ET
European markets traded sideways and Italy sold €11 billion in bills today. Spanish jobless rate rose to 22.9% in the fourth quarter and Greek negotiations founder. AEGON entered into €2 billion syndicated credit facility.
Jan 27, 2012 10:34 AM ET
Euro area money supply growth slowed, German import price inflation eased, and Swedish retail sales rose in December. Spanish jobless rate rose to 22.9% in the fourth quarter. Swiss leading index fell in January.
Jan 26, 2012 4:34 PM ET
U.S. stocks declined after new home sales fell unexpectedly in December and dropped 6.2% to a record low in 2011. However, durable goods orders and weekly jobless claims rose. AT&T sold 9.4 million smartphones in the quarter and took $4 billion charge for a failed takeover bid.