Stock futures pointed to a higher open for equities on Wall Street on Monday after strong gains in the previous session, with futures for the S&P 500, the Dow Jones and the Nasdaq 100 up 0.7 to 0.9 percent.
The top after-market NYSE gainers on Friday are: Enzo Biochem, Louisiana-Pacific, Halliburton, Superior Energy Services and Cambrex Corp. The top after-market NYSE losers are: Gannett Co, Genco Shipping & Trading, Renesola, Sprint Nextel and Jaguar Mining Inc.
A cloud of gloom hangs over Brussels ahead of yet another summit to thrash out yet another comprehensive strategy to tackle a sovereign debt crisis that Europe has failed for two years to stem, and that now threatens the world economy.
European stock index futures rose 1 percent and the euro held near a 1-month high Monday after France and Germany said over the weekend they were making good progress on a plan to resolve the euro zone's debt crisis and recapitalize its banks.
Ford (F), which did not accept U.S. Government assistance, has rebounded after a restructuring, and is well-positioned to capitalize on U.S. job growth, when it returns with gusto. Is now a good time to consider Ford's shares?
Kinder Morgan Inc. announced on Sunday it is set to buy El Paso Corp. for $38 billion, along with cash, stock and debt to create a powerful North American energy company.
Will microprocessor giant Intel (INTC) benefit from a ripple-effect from the iPhone 4s Wave? Most likely that will be the case, as millions of new customers in this holiday shopping season and in 2012 beyond consider the iPhone 4s and other technology products/gadgets -- and that's good news for Intel's operation.
European Central Bank President Jean-Claude Trichet said the European Union's treaty should be changed to prevent one member state from destabilizing the rest of the bloc, while urging stronger Eurozone governance.
Bill Gross, manager of the world's largest bond fund, apologized to his investors late Friday for his poor performance, saying, I'm just having a bad year.
Saudi Arabia's central bank is not interested in buying distressed or speculative assets such as troubled European debt and gold, and the OPEC member's banks are well-positioned to withstand the Eurozone crisis.
Finance ministers and central bankers from the world's top economies are set to back mandatory capital surcharges on big lenders of as much as 2.5 percent to be phased in beginning in 2016.
With one-third of the Dow components and crowd favorite Apple reporting results next week, U.S. stocks are setting the stage for another week of gains.
The world's leading economies kept the pressure firmly on Europe to sort out its debt crisis on Saturday with the sense of urgency to be reflected in a communique at the end of a G-20 finance chiefs' meeting.
Ford (F), which did not accept U.S. Government assistance, has rebounded after a restructuring, and is well-positioned to capitalize on U.S. job growth, when it returns with gusto. Is now a good time to consider Ford's shares?
U.S. equities ended the week strong on Friday, with the Dow Jones Industrial Average rising 1.45 percent, the S&P 500 climbing 1.74 percent, and the Nasdaq Composite rallying 1.82 percent.
From last Tuesday, U.S. stocks have jumped about 10 percent. This rally, however, may be as fragile as late baseball great Mickey Mantle, according to Keith McCullough of Hedgeye Risk Management.
Apple may sell as many as 4 million iPhone 4S units this weekend, and that bodes well for the company's shares, to say the least.
Friday's market is mostly driven by good news out of the U.S., namely solid September retail sales data and stellar earnings from tech giant Google. Some experts, however, are not convinced.
In 2010, births in the U.S. dropped to 4 million, from 4.3 million in 2007.
Kenya Airways shareholders approved on Friday its plan for a rights issue to raise an unspecified amount of money to fund route and fleet expansion.
Friday's market rally has taken the Dow Jones Industrial Average to positive territory for the year.
President Barack Obama and South Korean President Lee Myung-bak on Thursday hailed a long-sought trade deal as an engine for job creation in both countries and presented a united front in the North Korean nuclear standoff.
Retail sales rebounded in September at their fastest pace in seven months as consumers shook off some of their concerns about stock market drops and political gridlock, potentially giving new momentum to the weak economic recovery.
U.S. stock futures rose on Friday on upbeat earnings and economic data.
The Eurozone debt crisis will dominate a summit of G20 finance chiefs and central bank heads in Paris, with a downgrade of Spain's credit rating highlighting the risk of a much larger economy than Greece coming under threat.
Stock index futures pointed to a higher open for equities on Wall Street on Friday, with futures for the S&P 500, for the Dow Jones and for the Nasdaq 100 up 0.6-0.7 percent.
Asian shares inched down on Friday, tracking New York and European shares lower as weak Chinese trade data raised concerns about the global economy, while the euro eased after another sovereign debt ratings downgrade.
Since early August, the U.S. stock market has been stuck in a range.
U.S. stocks and global risk assets were hit with a worse-than-expected trade report out of China. China reported that September exports rose 17 percent from a year ago and imports increased 21 percent from a year ago.
Slovakia's parliament ratified a plan to bolster the Eurozone's EFSF rescue fund on Thursday, after voting to hold an early election as demanded by the opposition.
