The U.S. stock market surged on Friday going into the weekend Eurozone summit on hopes of a grand bailout from authorities.
South African stocks ended sharply higher on Friday, booking their third straight day of gains, with miners among the top performers as commodity prices cruised higher.
The U.S. and Europe can expect big equity losses on Monday, Komal Sri-Kumar, chief global strategist at TCW Group, told Bloomberg TV.
The U.S. stock market opened sharply higher Friday on hopes of a Eurozone bailout.
The top pre-market NASDAQ Stock Market gainers are: Seagate Technology, Synaptics, China Ceramics, Green Mountain Coffee Roasters, and SanDisk. The top pre-market NASDAQ Stock Market losers are: Informatica, Rediff.com India, Acme Packet, LM Ericsson Telephone, and ASML Holding.
Canada's annual inflation rate remained above the central bank's traditional comfort zone in September as consumers were hit by higher gasoline and food prices, according to Statistics Canada data on Friday.
U.S. stock futures point to a higher opening Friday on hopes that European leaders will come out with a grand plan to fight the region's debt crisis.
The top after market NYSE gainers on Thursday were: CoreLogic, Western Digital, Chipotle Mexican Grill, W&T Offshore and GNC Holdings. The top after-market NYSE losers were: Parker Drilling, Excel Maritime Carriers, Moneygram International, KKR & Co and Strategic Hotels & Resorts.
Standard & Poor's will likely lower the credit standing of five European nations, including top-rated France, by one or two notches if the region slips into recession and government borrowings increase, the rating agency said in a report.
Stocks bounced on Friday after France and Germany said a comprehensive euro zone debt deal was on its way, if a little late, although a weaker euro and rising bund futures suggested not everyone was convinced.
The companies which are expected to see active trade on Friday are: General Electric, Verizon Communications, Suntrust Banks, Microsoft, McDonalds, Altera, Air Products & Chemicals, Dover Corp, Honeywell International and Schlumberger.
Asian shares inched up while the euro clung to overnight gains on Friday, but markets largely stayed within range, as investors awaited a weekend meeting of European leaders for signs of progress in resolving the region's debt crisis.
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U.S. stocks are outperforming emerging market stocks. They have outperformed in 2011 and have done so since early 2010.
Jim O'Neill, chairman of Goldman Sachs Asset Management, is optimistic about the U.S. economy, according an interview he had with CNBC TV.
The U.S. stock market has recovered from earlier losses on positive headlines out of Europe.
U.S. stocks traded down on Thursday on fears regarding the Eurozone bailout.
The events in Libya probably will not lead to a drop in crude prices as measured by West Texas Intermediate metric, analysts say.
U.S. stock futures pared gains Thursday morning on a report that the German government will not rule out postponing the upcoming EU weekend summit.
U.S. stock futures point to a higher opening on Thursday, ahead of economic data, including key weekly U.S. jobs data from the government.
Stock index futures pointed to a higher open on Wall Street Thursday after a guidelines document said the European rescue fund will be able to buy bonds on the secondary market.
The companies which are expected to see active trade on Thursday are: Microsoft, AT&T, Altera, eBay, Sandisk, Wynn Resorts, Southwest Airlines, Boston Scientific, Capital One Financial, Eli Lilly, Key Corp and Philip Morris International.
The top after-market NYSE gainers on Wednesday were: HNI Corp, Swift Transportation, Campus Crest Communities, Commercial Metals and WESCO International. The top after-market NYSE losers were: Astoria Financial Corp, Western Digital Corp, Fidelity National Financial, Fidelity National Financial and Alcatel Lucent.
US stocks fell and the euro edged lower on Wednesday as a consequence of fading optimism about European leaders to make considerable advancement to resolve the euro zone debt crisis at their summit meeting this weekend.
Yahoo reported a 23 percent decrease in third-quarter earnings as its search engine revenue halved down from last year. However, its earnings and revenue came in above Street expectations.
Global risk assets were weighed down during Wednesday's U.S. session on a barrage of negative headlines.
U.S. stocks closed decidedly in the negative territory on Wednesday as high expectations regarding the Eurozone bailout were dimmed.
U.S. stocks are down Wednesday on disappointing earnings from the tech sector.
Apple's stock slid Tuesday and Wednesday after a rare earnings miss. Is now a good time to consider the company's stock?
U.S. stocks could hit an all-time high next year, Jim Paulsen, chief investment strategist of Wells Capital Management, told CNBC TV.
