The euro hit a 2-1/2 month low against a broadly firmer dollar on Tuesday while world stocks slipped as concerns grew about the European banking sector and the fiscal health of Greece.
The dollar steadied on Tuesday and Asian stocks wavered, despite improving appetite for riskier assets, as investors turned cautious ahead of a meeting of the U.S. Federal Reserve.
The dollar steadied on Tuesday while Asian stocks wavered as investors turned cautious ahead of a meeting of the U.S. Federal Reserve although Abu Dhabi's decision to throw a lifeline to Dubai continued to bolster risk appetite.
Stocks closed at 14-month highs on Monday as Abu Dhabi's $10 billion in aid to help Dubai avoid default eased concerns and a takeover deal by Exxon Mobil Corp raised optimism about mergers and acquisitions activity.
U.S. stocks rose on Monday, sending the Nasdaq up more than 1 percent, as the appetite for riskier assets returned, following news of Abu Dhabi's $10 billion rescue of Dubai, and Exxon Mobil Corp's planned takeover of natural gas supplier XTO Energy Inc .
U.S. stocks rose on Monday as Abu Dhabi's $10 billion in aid to help Dubai avoid default eased concerns, and a takeover deal by Exxon Mobil Corp raised optimism about mergers and acquisitions.
Abu Dhabi's $10 billion move to help neighboring Dubai avoid default and a deal by Citigroup Inc to pay back U.S. government funds helped U.S. stocks rise in early Monday trading.
Wall Street was set to rise at the open on Monday as Abu Dhabi moved to bail out neighboring Dubai, winding down fears of a potential default that had rattled markets, and as Citigroup Inc reached a deal to pay back $20 billion of U.S. government funds.
U.S. stock index futures rose on Monday as Abu Dhabi moved to bail out neighboring Dubai, winding down fears of a potential default that had rattled markets, and as Citigroup Inc reached a deal to pay back $20 billion of U.S. government funds.
U.S. stock index futures rose on Monday as Abu Dhabi moved to bail out neighboring Dubai, winding down fears of a potential default that had rattled markets, and as Citigroup Inc reached a deal to pay back U.S. government funds.
The cost of insuring Dubai sovereign debt plummeted by more than 120 basis points on Monday after the emirate surprised markets with an announcement that it had obtained a $10 billion lifeline from neighbouring Abu Dhabi to help repay some of its debt. [ID:nLDE5BD0FV]
Stock index futures pointed to a higher opening on Wall Street on Monday, with futures for the S&P 500 up 0.59 percent, Dow Jones futures up 0.39 percent and Nasdaq 100 futures up 0.49 percent.
Asian stocks rebounded on Monday after Dubai said it had received $10 billion from Abu Dhabi to repay debt, which pushed down the yen and boosted the euro and emerging Asian currencies as risk appetite improved.
Asian stocks eased on Monday as the dollar hovered near six-week highs on views the Federal Reserve might raise rates sooner than expected, putting pressure on oil and commodity prices.
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The Dow and S&P 500 closed up for a third straight session on Friday after several solid consumer-related reports reinforced investors' confidence in a steady recovery by the economy.
The Dow and S&P 500 closed up for a third straight session on Friday after several solid consumer-related reports reinforced investors' confidence in a steady recovery by the economy.
Two companies' shares fell in their debuts on the New York Stock Exchange on Friday, capping a week of poor performance for initial public offerings as investors grow choosier at year-end.
The Dow and S&P 500 rose on Friday as a stronger-than-expected retail sales for November reinforced investors' confidence in a steady recovery of the economy.
The Dow and S&P cut early gains on Friday on strength in the U.S. dollar, while the Nasdaq turned negative after disappointing quarterly results from a semiconductor company pressured tech stocks.
The Dow cut early gains on Friday, pressured by strength in the U.S. dollar, while declines in shares of large cap technology companies dragged the Nasdaq into the red.
Stocks cut early gains on Friday, pressured by strength in the U.S. dollar, while declines in shares of large cap technology companies dragged the Nasdaq into negative territory.
Stocks rose on Friday as reports pointing to steadying consumer demand supported optimism that the burgeoning economic recovery will be sustainable.
Stocks were set to open higher on Friday after data showed retail sales rose more than expected last month, supporting optimism the burgeoning economic recovery would be sustainable.
Stock index futures rose on Friday as investors awaited data that could provide a look at the health of the consumer, including reports on retail sales and consumer sentiment.
World stocks extended gains and oil rebounded on Friday as upbeat data from China and the United States underscored an economic recovery, weighing on safe-haven government bonds and the low-yielding yen.
Stock index futures pointed to a higher opening for Wall Street on Friday ahead of U.S. retail sales data, with futures for the S&P 500, Dow Jones industrial average and Nasdaq 100 up 0.4 to 0.7 percent at 4:37 a.m. EST.
Stock index futures pointed to a higher opening for Wall Street on Friday ahead of U.S. retail sales data, with futures for the S&P 500, Dow Jones industrial average and Nasdaq 100 up 0.4 to 0.7 percent at 0937 GMT.
World stocks extended gains and oil rebounded on Friday as upbeat data from China and the United States underscored an economic recovery, weighing on safe-haven government bonds and the low-yielding yen.
Asian stocks, oil and most metals rose on Friday after a slew of Chinese data showed the world's third-largest economy is on a brisk recovery path, while the yen dipped against the dollar.