U.S. stocks fell on Wednesday as an unexpected drop in new home construction in October sparked caution about the strength of an economic recovery, offsetting strength in the natural resources sector amid U.S. dollar weakness.
Italy's Ferrero and U.S.-based Hershey are reviewing options over a possible bid for Cadbury , but hostile bidder Kraft's $16.8-billion offer is still seen as the front runner.
Foreign demand for long-term U.S. financial assets grew to $31.7B in September.
The S&P 500 briefly pared losses and turned positive after the open on Wednesday, led by gains in financials and materials stocks.
U.S. stocks were set to open lower on Wednesday after data showed U.S. housing starts fell unexpectedly in October, offsetting strength in the natural resources sectors amid U.S. dollar weakness.
U.S. stock index futures edged higher on Wednesday as weakness in the U.S. dollar underpinned natural resource shares, including gold miners, ahead of key data on October housing starts and consumer prices.
U.S. stock index futures pointed to a mixed opening on Wall Street on Wednesday as investors await U.S. inflation and housing start figures.
Gold prices hit a record high and oil and stock prices around the world rose on Wednesday, while the dollar eased off ahead of U.S. inflation data and minutes from the Bank of England's November meeting.
U.S. stocks rose to fresh 13-month highs on Tuesday as upbeat broker views on improving prospects for two Dow components offset disappointing holiday spending outlooks from Target and Home Depot.
U.S. stocks rose to fresh 13-month highs on Tuesday as upbeat broker views on improving prospects for two Dow components offset disappointing holiday spending outlooks from Target and Home Depot.
The U.S. Federal Reserve on Tuesday said it was reducing the maximum maturity of loans from its discount window to 28 days from 90 days in light of the improvement in financial market conditions.
U.S. stocks were little changed on Tuesday as outlooks from Target and Home Depot sparked caution about holiday spending, offsetting upbeat broker views on Microsoft and Exxon Mobil .
Top home improvement chain Home Depot Inc reported quarterly results that beat analysts' estimates, but made a forecast that suggested weaker results at the end of the year and said a recovery might not take hold until the second half of 2010.
U.S. stocks fell on Tuesday after discount retailer Target gave a cautious holiday season outlook, but positive brokerage comments on tech bellwether Microsoft helped limit losses.
European Union securities regulators will complete their review of dark pool share trading venues by year end and may ask the bloc's executive to take speedy action, a top supervisor said on Tuesday.
Retail stocks dragged Wall Street lower on Tuesday, a day after it reached a 13-month high, while gains in the U.S. dollar weakened commodity prices and stocks in the materials sector.
New York Stock Exchange member firms earned a record $35.7 billion for their broker-dealer operations in the first six months of this year, which is 1-1/2 times above the previous high-water mark set in 2000, the state comptroller said in a report on Tuesday.
Wall Street fell on Tuesday, slipping from a 13-month high, as a bounce in the dollar weighed on commodity-linked stocks and a report showed U.S. industrial production rose less than expected.
U.S. stock index futures dipped on Tuesday after Home Depot said its markets were under pressure, while commodity prices eased as the dollar bounced higher a day after major indexes hit 13-month highs.
U.S. stock index futures fell on Tuesday after Home Depot said its markets were under pressure and commodity prices eased as the dollar bounced higher.
U.S. stock index futures were slightly lower on Tuesday as investors digested earnings from retailers and awaited a report expected to show U.S. industrial production rose for a fourth straight month.
U.S. stock index futures pointed to a slightly lower opening on Wall Street on Tuesday, with futures for the S&P 500 down 0.27 percent, Dow Jones futures down 0.18 percent and Nasdaq 100 futures down 0.25 percent.
World stocks slipped on Tuesday from the previous day's 2009 high and oil and gold fell as investors locked in gains from a strong rally, while the dollar edged higher from its 15-month lows.
Asian stocks surrendered early gains on Tuesday as investors took profits from recent gains, while the dollar was pinned near 15-month lows after Federal Reserve Chairman Ben Bernanke repeated the central bank was likely to keep interest rates at very low levels for some time.
Asian stocks surrendered early gains on Tuesday as investors took profits from recent gains, while the dollar was pinned near 15-month lows after Federal Reserve Chairman Ben Bernanke repeated the central bank was likely to keep interest rates at very low levels for some time.
Asian stocks rose to more than 15-month highs on Tuesday after Federal Reserve Chairman Ben Bernanke repeated the central bank was likely to keep interest rates at very low levels for some time, keeping the dollar pinned near 15-month lows and gold close to record highs.
Billionaire Warren Buffett's Berkshire Hathaway Inc on Monday revealed new investments in Nestle AG and Exxon Mobil Corp and that it has nearly doubled its investment in Wal-Mart Stores Inc .
Sina Corp , China's largest Web portal, posted a decline in quarterly sales and profit but beat Wall Street estimates as a recovering economy boosted consumer spending and advertising sentiment.
U.S. stocks rose broadly on Monday, sending indexes to fresh 13-month closing highs, after Federal Reserve Chairman Ben Bernanke reinforced expectations that interest rates would stay low to spur growth.
U.S. stocks rallied broadly to fresh 13-month highs on Monday after Federal Reserve Chairman Ben Bernanke reinforced expectations that interest rates would stay low to spur growth.
