Stocks slipped on Wednesday, led by the industrial, materials and financial sectors, as a drop in Chinese shares prompted renewed selling in global equity markets on fears stock prices have outpaced the economic recovery.
Communications technology company Messaging International on Wednesday poured cold water on market speculation it was on the verge of announcing a deal with Apple.
Stock index futures pointed to a fall of about 1 percent on Wednesday as a drop in Chinese shares prompted renewed selling in global equity markets on fears stock prices have outpaced the economic recovery.
Stock index futures dropped about 1 percent on Wednesday as a fall in Chinese shares prompted renewed selling in global equity markets on fears stock prices have a run too far ahead of the economic reality.
U.S. securities regulators warned investors on Tuesday that leveraged exchange-traded funds could lead to big losses even if the market index or benchmark they track shows a gain.
Stock index futures pointed to a lower open on Wall Street on Wednesday, tracking a sell-off in Chinese shares on renewed worries the buoyant market had gone too far ahead of the economic recovery, and as oil prices dipped.
Asian stocks edged up on Wednesday but hovered near three-week lows hit the previous day, with investors cautious ahead of Chinese bank results and wary that profit taking will continue to stall a six-month rally.
Japan's Nikkei average dipped 0.2 percent in choppy trade on Wednesday, weighed down by investor caution after disappointing U.S. housing data, but blue-chip stocks such as Canon Inc and carmakers jumped after brokerage upgrades.
Japan's Nikkei average dipped 0.2 percent in choppy trade on Wednesday, weighed down by investor caution after disappointing U.S. housing data, but blue-chip stocks such as Canon Inc and carmakers jumped after brokerage upgrades.
Japan's Nikkei average rose 0.2 percent on Wednesday, buoyed by blue-chip stocks such as Canon Inc and carmakers after brokerage upgrades, while upbeat results from big U.S. retailers helped investor confidence.
Stocks rose on Tuesday, rebounding after sharp losses in the previous session, as better-than-expected results from big retailers encouraged investors to get back into the market.
U.S. stocks rose on Tuesday, erasing some of the sharp losses in the previous session as better-than-expected results from big retailers encouraged investors' back into the market.
Mohamed El-Erian, the chief executive of top bond fund manager PIMCO, on Tuesday said the rally in U.S. stocks had topped out because valuations have shot up too quickly.
Stocks rose on Tuesday, rebounding from a sharp fall in global equities in the previous session as better-than-expected results from big retailers offset a surprise drop in housing starts.
Stocks extended gains on Tuesday, boosted by financial and technology shares one day after a sharp sell-off, while retailers were lifted by better-than-expected results from Home Depot Inc and Target Corp .
Upscale department store operator Saks Inc posted a narrower-than-expected quarterly loss on Tuesday as it trimmed costs while well-heeled shoppers held back from pricey purchases.
Stocks rose on Tuesday, rebounding from a sharp fall in global equities the previous day, as better-than-expected results from retailers, including Home Depot Inc and Target Corp , offset a surprise drop in housing starts.
Retailers Target Corp and Saks Inc posted better-than-expected quarterly results on Tuesday as they clamped down on expenses and inventory to offset falling sales, sending shares higher.
Stocks rose on Tuesday after better-than-expected results from retailers Home Depot Inc and Target Corp offset a surprise drop in housing starts.
Poised for Recovery, Big Gas Deal, Stocks Hit Wall
Stock index futures pointed to a flat to slightly higher open on Tuesday after a surprise drop in housing starts offset better-than-expected results from retailers Home Depot Inc and Target Corp .
Target Corp reported its eighth consecutive drop in quarterly profit, but the results were better than Wall Street had expected as the No 2 U.S. discount retailer cut costs and stocked less merchandise.
Don't blame global stock markets for being skittish. It is August, after all, a month that has spelled trouble in the past two years.
Stock index futures rose on Tuesday, rebounding from a steep drop the previous session, ahead of data expected to show housing starts rose to their highest level in eight months.
Stock index futures rose on Tuesday, rebounding from a steep drop the previous session, ahead of data expected to show housing starts rose to their highest level in eight months.
Stock index futures pointed to a higher open on Tuesday, a bounce from Monday's decline, as investors braced for data on new housing starts.
World stocks and commodity prices recovered on Tuesday from the previous session's sell-off, which was prompted by concerns over the pace of global recovery, while the Japanese yen and safe-haven U.S. government bonds eased.
Asian shares clawed their way back from early lows on Tuesday following wild swings in Shanghai, as investors worried whether more bouts of profit taking will spell the end of the bull market that emerged from the financial crisis.
Asian stocks and the Australian dollar edged higher on Tuesday but shares in Shanghai were highly volatile, keeping nerves frayed about whether another bout of profit taking would hit global markets.
Asian stocks retreated on Tuesday, following Shanghai shares into the red and keeping nerves frayed about whether further profit taking will end the bull market that emerged from the financial crisis.
