EQUITIES

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Wall Street's gains capped by yield uncertainty

The S&P 500 and the Nasdaq edged up on Thursday, hovering around two- and three-year highs respectively, but a recent rise in bond yields and uncertainty over tax-cut legislation unsettled investors.

Wall St's gains capped by yield uncertainty

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The S&P 500 and the Nasdaq edged up on Thursday, hovering around two-year highs, but a recent rise in bond yields and uncertainty over tax-cut legislation unsettled investors.
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Stocks, bonds correlation eases after tax deal

The markets for equities and government bonds have returned to their long-term pattern of moving in opposite directions as a result of a U.S. tax cuts deal that is expected to boost spending there.
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UPS to hike div, buy back more stock: CFO in paper

United Parcel Service plans to woo shareholders with a higher dividend and more share buybacks rather than use strong cashflow for large acquisitions, chief financial officer Kurt Kuehn told a German newspaper.
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Hyundai workers to end strike

Temporary workers at Hyundai Motor <005380.KS> on Thursday agreed to end a one-month sit-in, pushing up shares of the South Korean top automaker.
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U.S. yields slip after 2 days of gains, stocks gain

U.S. Treasury prices edged up on Thursday as bargain hunters entered the fray after a two-day surge in yields while Asian stocks rose on hopes that stimulus measures will help the U.S. economy in the near term.
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U.S. tax deal boosts stocks but hammers bonds

Stocks rose and U.S. government bonds saw their worst sell-off in 18 months on Wednesday as a deal on U.S. taxes highlighted Washington's expansionary fiscal stance and its likely impact on growth and future deficits.
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Stock index futures mixed

U.S. stock index futures pointed to a mixed open on Wall Street on Wednesday, with futures for the S&P 500 down 0.11 percent, Dow Jones futures down 0.41 percent and Nasdaq 100 futures up 0.03 percent at 1049 GMT.
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Volatility recedes, volume spikes

Volume in stocks surged on Tuesday as more than 11 billion shares changed hands on the New York Stock Exchange, NYSE Amex and Nasdaq.
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S&P 500 hits 2-year high after tax cut deal

The S&P 500 climbed to a fresh two-year intraday high on Tuesday as investors bet a deal to extend tax breaks will prompt increased spending and buoy the economy while preserving returns for shareholders.
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M.D. Sass sees S&P up 20 percent by end 2011

U.S. equities are the cheapest major asset class and the benchmark Standard & Poor's 500 stock index will rise 20 percent in 2011, veteran money manager Martin Sass said on Tuesday.
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Wall St hits 2-year high after tax cut deal

U.S. stocks climbed to a fresh two-year intraday high on Tuesday as investors bet a deal to extend tax breaks will prompt increased spending and buoy the economy while preserving returns for shareholders.
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Futures rise on tax cut deal

Stock index futures rose on Tuesday after President Barack Obama forged a compromise with Republicans to extend Bush-era tax breaks for two years.
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U.S. tax deal lifts global stocks

Global equities advanced on Tuesday after a compromise deal to extend expiring U.S. tax cuts, though the euro zone's debt crisis and speculation over a possible interest rate rise in China kept them in check. The euro rose on optimism that Irish lawmakers will pass its toughest ever budget later in the day. The single currency remained vulnerable, however, with European policymakers dithering ove...
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Asia stock markets tick up, euro holds steady

Asian stocks got a tentative boost on Tuesday from U.S. President Barack Obama's compromise deal to extend all Bush-era tax cuts, while the euro ticked up but remained vulnerable to debt-related pressure.
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Wall Street ends flat on euro zone debt woes

U.S. stocks ended little changed on Monday, held in check by worries about Europe's debt crisis, which frustrated investors looking for a reason to take shares to new highs for the year.

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