GLOBAL MARKETS

Traders work on the floor of the New York Stock Exchange

Futures Point to Wall Street Extending Rally

Stock futures pointed to Wall Street rising Thursday, extending a rally into a third day, on optimism that European policymakers are making progress in their efforts to help shore up troubled banks.

Asian Stocks Rise on Hopes for Europe, U.S.

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Asian shares rose Thursday as optimism over Europe's efforts to aid the euro zone's financial sector and U.S. data suggesting the economy could avoid recession spurred short-covering and value-hunting.

Did U.S. Stocks Bottom on Tuesday?

Traders work on the floor of the New York Stock Exchange
Early in Tuesday's morning session, the S&P 500 Index dipped to a low of 1,074, dropping more than 20 percent from the May 2 high of 1,370 and taking the index into bear market territory.
Yahoo Q3 Earning Slumps

Yahoo Surges 10% on Reports of Renewed Microsoft Bid

In 2008, Microsoft tried -- and spectacularly failed -- to buy Yahoo at a price of $33 per share, which valued the company at about $47.5 billion. Yahoo now has a market cap of about $20 billion and is trading at just under $16 per share.
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Traders work on the floor of the New York Stock Exchange

S&P 500 Dips to Bear Market Territory: 5 Reasons Why

Tuesday’s early morning drop has taken the S&P 500 Index down over 20 percent from its May 2 high. Although there is no official definition of a bear market, one commonly accepted metric is falling 20 percent over an extended period.
Angela Merkel

Eurozone Considers Making Banks Pay More for Greece

European finance ministers are considering making banks take bigger losses on Greek debt and have postponed a vital aid payment to Athens until mid-November, setting up a crunch point in the euro zone's sovereign debt crisis.
Traders work on the floor of the New York Stock Exchange

U.S. Stock Index Futures Signal Further Losses

Stock index futures pointed to a lower open on Wall Street on Tuesday, with futures for the S&P 500 down 0.4 percent, Dow Jones futures down 0.5 percent and Nasdaq 100 futures down 0.5 percent at 0841 GMT.
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World Stocks Tumble on Greek, Banking Fears

World stocks hit a fresh 15-month low on Tuesday while the dollar neared a nine-month peak on growing doubts over Greece's ability to avert a default that would spark a major banking crisis in Europe and accelerate a global economic slowdown.
Kenyan Shilling

Kenyan shilling fall vs dollar, stocks slide

The Kenyan shilling fell nearly one percent against the dollar on Monday on dollar demand from energy sector importers and the interbank market, while stocks were marginally lower as foreign investors sold on global risk aversion.
U.S. Stock Market

Greece's Unstable Finances Spur Low Opening

Stock index futures pointed to a lower open on Monday as concerns over Greece's teetering finances returned to the forefront and after equities suffered their worst quarter since 2008.
Trader Michael Zicchinolfi works on the floor of the New York Stock Exchange

U.S. Stock Futures Signal More Losses for Equities

Stock index futures pointed to a weaker open on Wall Street on Monday after steep declines in the previous session, with futures for the S&P 500, for the Dow Jones and for the Nasdaq 100 down 0.6-0.9 percent.

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