GLOBAL MARKETS

US Stock Futures Point To Lower Opening Monday

Traders work on the floor of the New York Stock Exchange
Futures on major U.S. indices point to a lower opening Monday ahead of the U.S. Dept. of Commerce's Report on Manufacturers' Shipments, Inventories and Orders, and increasing concerns over the euro zone crisis.
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A trader at the NYSE

US Stock Futures Plunge On Dismal May Jobs Report

U.S. stock futures plunged Friday after a surprisingly weak nonfarm payrolls report raised fears that the nation's nascent recovery may be losing steam and raising the possibility that the Federal Reserve may opt for economic stimulus measures.
Traders work on the floor of the New York Stock Exchange

US Stock Futures Point To Lower Opening Friday

Futures on major U.S. indices point to a lower opening Friday ahead of the anticipated Bureau of Labor Statistics' Nonfarm Payrolls report, the Institute of Supply Management (ISM)'s Manufacturing Purchasing Managers Index (PMI) report, and ADP's Personal Income report.
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Asian Shares Dip On China, US Economy Doubts

Asian shares eased Friday, with China's factory activity data and a U.S. jobs report due later in the day making investors cautious as the escalating euro zone debt crisis threatened to further undermine growth worldwide.
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US Treasuries Hit All-Time Lows For Second Day In A Row

Investors flocked into longer-dated U.S. Treasuries for the second day in a row on Thursday, sending the yield on those products to all-time lows. The movement was one of the clearest signals that money managers took into account the crisis in Europe and some weak U.S. economic data figures and decided against moving into riskier assets.
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Industrial Commodities, Stocks Drop; Gold Posts Surprise Gain

Crude oil prices slid more than 3 percent Wednesday on fears of a slowdown in global economic growth. U.S. stocks also closed lower, with major indexes all down more than 1 percent and yields on the benchmark 10-year Treasury sank to a record 1.64 percent.
Banking on superhero

Spurned by Saviors, Spanish Bank Turns to ... Spider-Man

Facing what seem to be minute-by-minute rejections of various bailout scenarios, Spanish bank Bankia S.A. -- the country's fourth-largest financial institution, which is currently embroiled in a crisis of insolvency -- is putting its faith in the web-shooting hands of a Marvel Comics superhero, Spider-Man.
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EU Recommends Bank Bailout 'Union'; Germany Shoots Down Plan

The European Union recommended Wednesday that the 17 countries of the euro common currency union create and fund a banking union for bailing out insolvent banks, preventing the fiscal and political stresses such moves have on individual national governments. The union would be funded by the European Stability Mechanism, one of the EU's standing bailout funds.
US Stocks

Global Equities Advance, U.S. Data Eyed

European stocks recovered from early losses Tuesday as traders anticipate the U.S. data to show improving consumer confidence and a stabilizing housing market. Meanwhile, Asian equities rallied for a second straight day on hopes that China may introduce further stimulus policy. U.S. index futures rose.
New York Stock Exchange

US Stocks Close Mostly Up Week With Mostly Down Day: Daily Markets Wrap

U.S. equities closed a moderately green week with a moderately red day on Friday, as the Dow Jones Industrial Average fell 74.92 points, or 0.60 percent, to 12,454.83, the S&P 500 index dropped 2.86 points, or 0.22 percent, to 1,317.82, and the Nasdaq Composite index dipped 1.85 points, or 0.07 percent, to 2,837.53.

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