Asian shares rose to a seven-month peak on Wednesday and oil prices hovered near their highest since November after a jump in U.S. consumer confidence reinforced a view that the global economy has bottomed, even if recovery appears fragile.
US EQUITIES rallied back from the long opening weekend of summer. Initial pressures from escalating geo-political tensions
Stocks climbed more than 2 percent on Tuesday as data showing the biggest monthly jump in consumer confidence in six years lifted hopes of an economic rebound, and a brokerage upgrade of Apple Inc drove sharp gains on the Nasdaq.
Stocks climbed more than 2 percent on Tuesday as data showing the biggest monthly jump in consumer confidence in six years lifted hopes of an economic rebound, and a brokerage upgrade of Apple Inc drove sharp gains on the Nasdaq.
Stocks rose on Tuesday as data showing the biggest monthly jump in consumer confidence in six years lifted hopes of an economic rebound, and a brokerage upgrade of Apple Inc drove sharp gains on the Nasdaq.
Stocks climbed on Tuesday after data showing a sharp rise in consumer confidence suggested the economic downturn was easing and a brokerage upgrade of Apple Inc lifted technology stocks
U.S. stocks rose on Tuesday after data from an industry group showed that consumer confidence rose in May, boosting optimism that the recession may be abating, and a broker upgrade of Apple Inc lifted technology stocks.
Prices of U.S. single-family homes fell 18.7 percent in March from a year earlier, while prices in the first quarter dropped at a record pace, according to the Standard & Poor's/Case-Shiller Home Price Indices released on Tuesday.
World stocks fell on Tuesday with Asian shares leading the way as tension about North Korean nuclear tests added to questions over the global economic outlook.
Stock index futures pointed to a flat to lower open on Tuesday after a long weekend as tensions surrounding North Korea unsettled investors and hopes for a quick economic recovery in the near-term ebbed.
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Prices of U.S. single-family homes in March fell 18.7 percent from a year earlier, while prices in the first quarter dropped at a record pace, according to the Standard & Poor's/Case-Shiller Home Price Indices released on Tuesday.
Stock index futures pointed to a lower open on Tuesday after a long weekend as tensions surrounding North Korea unsettled investors and hopes for a quick economic recovery in the near-term ebbed.
Stock index futures pointed to a lower start on Tuesday as Wall Street reopens following a long weekend, with investors rattled by mounting tensions surrounding North Korea.
(Corrects direction in Treasuries price and yield moves in paragraph 6)
World stocks fell on Tuesday with Asian shares leading the way as tension about North Korean nuclear tests added to questions over the global economic outlook.
Stock index futures pointed to a lower start on Tuesday as Wall Street reopens following a long weekend, with investors rattled by mounting tensions surrounding North Korea.
Wall Street may feel more pressure next week unless a raft of economic data, including consumer confidence, home sales and GDP, restores the optimism that had driven a two-month rally before fading in the past few days.
South Korean stocks and the won dipped after North Korea said it had conducted a nuclear test on Monday, but the reaction was limited as investors had expected such a move from the North and have become long accustomed its provocations.
Stocks fell for a fourth day on Friday on persistent worries about the U.S. budget deficit, with U.S. Treasuries and the dollar losing ground.
Stocks fell for a fourth day on Friday on persistent worries about the U.S. budget deficit, with U.S. Treasuries and the dollar losing ground.
Stocks rose on Friday, breaking a three-day losing streak, as investors sought to benefit from a fall in the dollar by buying shares of multinationals and commodity companies.
Stocks advanced on Friday on hopes that a weaker dollar would increase multinationals' profitability while Moody's reassuring comments eased some concerns about the U.S. credit rating.
Stocks rose on Friday as investors snapped up shares of multinational companies, including McDonald's Corp, on hopes that a weaker dollar would underpin profitability.
Stocks jumped to session highs on Friday, recovering from an earlier drop, as investors snapped up energy shares and stocks of companies benefiting from a weaker dollar.
Stocks headed for a higher open on Friday as reassuring comments from Moody's tempered fears about the credit rating outlook for the United States, while higher oil prices lifted energy shares like Exxon Mobil.
Stock index futures rose on Friday as reassuring comments from Moody's eased fears about the credit rating outlook for the United States, and oil prices bounced higher, lifting energy shares like Exxon Mobil.
Stock index futures pointed to a higher open on Wall Street on Friday, after the previous session's sell-off, with General Motors in focus after sources said Washington has no plans to push the troubled carmaker into bankruptcy.
The dollar fell to a 2009 low on Friday as fears intensified that the United States could lose its triple-A rating, while renewed caution about the world economy and banks prompted Asian and European stocks to slip.