GLOBAL MARKETS

Asian Markets Fall Again on Renewed Greek Default Fears

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Asian shares fell for the third day in a row Wednesday as investors grew more risk averse, with renewed uncertainty over Greece's bailout and mounting worries about slowing global economies overshadowing support provided by ample liquidity.

Asian Markets Continue Fall

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Asian shares fell for a third day in a row Wednesday as investors grew more risk-averse, with renewed uncertainty over Greece's bailout and mounting worries about slowing global economies overshadowing support provided by ample liquidity.
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Cotton picking

India Bans Cotton Exports Without Explanation

India announced on Monday an immediate ban on all cotton exports until further notice, cutting off the world's second-largest exporter of cotton, in an unexplained move that could limit global supplies and drive up prices.
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Nikkei Likely to Test 9,800

Japan's Nikkei share average is expected to test 9,800 for a fourth straight session on Monday as yen weakness against the dollar is likely to boost risk appetite, although some market players say technical indicators point to a correction.
Traders work on the floor of the New York Stock Exchange, February 28, 2012.

Jobs Reports Could Fuel Continued Rally in Stocks

Stocks have proven the naysayers wrong so far in 2012. And the February employment situation summary on Friday could be just the ticket to keep the bulls going next week. Besides the jobs report on Friday, next week brings an ADP private-sector employment report on Wednesday.
Bernanke gives testimony at a Joint Economic Committee hearing on the economic outlook, on Capitol Hill in Washington

Markets Do U-Turn After Bernanke Speaks: Daily Markets Wrap

Fed Chairman Ben Bernanke said Wednesday job growth was better than expected and inflation under control, leaving markets thinking central bank intervention was a long way off. The upshot was a dollar rally that hammered gold, stocks and government bonds.
The Nasdaq Composite stock market index is seen inside its studios at Times Square in New York in this file image

Nasdaq Tops 3,000 for First Time Since 2000

The Nasdaq Composite Index briefly crossed the 3,000 mark Wednesday for the first time in 12 years, boosted by the European Central Bank's action to increase liquidity in the euro zone financial system and a better-than-expected revision to the U.S. quarterly economic growth.
Traders work on the floor of the New York Stock Exchange

Dow Closes above 13,000 for First Time Since May 2008: Daily Markets Wrap

Markets closed higher Tuesday through a choppy session, as indicators gave conflicting signals on the U.S. economy, while Ireland announced it would hold a referendum on Europe's new fiscal treaty. All eyes are now turned to European Central Bank's second liquidity injection set to take place Wednesday.
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Dow Closes at Highest Since May 2008

The Dow closed above 13,000 for the first time since 2008 on Tuesday and the S&P 500 also hit a milestone, as buoyant U.S. consumer confidence data and a sharp drop in oil prices nudged the nearly five-month rally forward.
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Nikkei Eases as Elpida Woes Slam Chip Sector

Japan's Nikkei average retreated from a seven-month high Tuesday as traders took profits ahead of a key selling level, while the chip sector suffered losses after Elpida Memory Inc said it will seek bankruptcy protection.

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