U.S. stocks rallied on Tuesday, sending the benchmark S&P 500 to its biggest one-day percentage run-up in three months, as Merck's strong earnings and upbeat regional manufacturing data boosted optimism about the economic outlook.
In a relatively quiet day with little new developments from China or Europe, investors have shifted into riskier assets.
Stocks rose 1 percent on Tuesday as the latest batch of corporate earnings and data on manufacturing in New York state improved the profit and economic outlook.
U.S. stocks rallied on Monday on gains in the financial and energy sectors, despite the lack of a detailed plan for a Greece bailout from European finance ministers.
Stocks gained on Tuesday as corporate earnings and a solid jump in manufacturing data fueled investors' optimism on their return from a 3-day holiday.
With computer hardware at the top of the shopping list for many companies this year, Hewlett-Packard Co and Dell Inc offer investors two different ways to play the information technology upgrade cycle.
Wall Street was set for a higher open on Tuesday as corporate earnings and a solid jump in manufacturing data fueled investors' optimism on their return from a 3-day holiday.
Stock index futures rose on Tuesday as corporate earnings fueled investors' optimism on their return from a 3-day holiday.
Futures for the Dow Jones industrial average, the S&P 500 and the Nasdaq 100 rise 0.4 to 0.6 percent, pointing to a higher open on Wall Street on Tuesday.
U.S. stock index futures rose on Tuesday, pointing to a higher opening, as corporate earnings fueled investors' optimism on their return from a 3-day holiday.
European shares gained on Tuesday after UK bank Barclays beat profit forecasts, and the euro rose against the dollar as European finance ministers put more pressure on Greece to resolve its fiscal problems.
European stock indices edged mostly higher in this quiet trading day, led by financial and commodities firms.
Britain's top share index gained 0.8 percent by midday on Monday, as banks and commodities rallied following the previous session's falls and British Airways climbed on hopes of a global alliance.
U.S. stocks finished slightly lower on Friday as China took another step towards monetary policy tightening and Europe reported a weaker than expected Gross Domestic Product (GDP).
The Dow and S&P 500 dipped on Friday as China's move to curb bank lending and U.S. and European economic data raised fears the global recovery might be in jeopardy.
Warren Buffett's train has left the station, and millions of investors are joining him for the ride.
The Dow and S&P 500 dipped on Friday as China's move to curb bank lending and U.S. and European economic data raised fears the global recovery might be in jeopardy.
U.S. stocks were slightly lower on Friday, paring losses earlier in the trading session as technology sector stocks led the market.
The Dow and S&P edged lower on Friday after a surprise move by China to restrict bank lending, while the Nasdaq was little changed as strength in technology shares offset other losses.
Ingersoll-Rand Plc's fourth-quarter profit and first-quarter forecast fell short of Wall Street expectations as demand for its heating and cooling systems showed few signs of picking up.
U.S. stocks fell on Friday after a surprise move by China to restrict bank lending to cool its surging economy weighed on commodity prices and resource shares.
U.S. stocks fell on Friday as investors adjust to a more aggressive monetary policy from China, mixed data on U.S. consumers and disappointing reports of euro zone Gross Domestic Product (GDP).
Ingersoll-Rand Plc posted fourth-quarter earnings that missed Wall Street's expectations, as weak nonresidential construction activity hit demand for heating and cooling systems.
(Corrects paragraphs 11 and 12 to show 2010 EPS forecast revised up, not down; error first occurred in update 2)
Stocks tumbled on Friday after a surprise move by China to increase bank reserve requirements raised worries about the impact of monetary tightening on global growth, weighing on commodity prices and resource shares.
Stocks held onto early losses on Friday as consumer sentiment slipped in early February and government data showed business inventories fell unexpectedly.
As global investors are still grappling with the Greece bailout situation, China surprised the world with yet another bank reserve ratio hike.
Wall Street was poised to open lower on Friday after China surprised global markets by increasing banks' reserve requirements, raising worries about the impact of eventual monetary tightening on global growth.
European stock indices are losing steam before the opening of the U.S. session as member nations reported less than stellar Gross Domestic Product (GDP) numbers and news of China tightening shook world markets.
Stock index futures fell on Friday after China surprised global markets by increasing banks' reserve requirements, raising worries about the impact of eventual monetary tightening on global growth.
