Wall Street closed its best month in 20 years on a down note on Monday as the failure of trading firm MF Global Holdings Ltd and new worries about Europe's debt crisis hammered financial shares.
Wall Street eyed its best month in almost 25 years despite a pullback on Monday that came as euphoria over European measures to resolve the debt crisis gave way to more cool-headed assessments of how the remedies would be implemented.
Stocks were set to fall at the open on Monday after four weeks of gains, as a spike in the U.S. dollar weighed on commodity prices and dried up bids on other risky assets.
The scandal engulfing Olympus Corp <7733.T> isn't the only corporate governance hot potato in Japan. Revelations by tissue maker Daio Paper Corp <3880.T> of management that had spun out of control is adding pressure on Olympus to bare all to an investigative panel it has promised to assuage investor angst.
U.S. stock index futures fell on Monday, following four weeks of market gains, as a spike in the U.S. dollar weighed on commodity prices and dried up bids on other risky assets.
Stock index futures pointed to a weaker open for equities on Wall Street on Monday, with futures for the S&P 500, the Dow Jones and the Nasdaq 100 down by between 0.6 and 0.9 percent.
Stocks closed out a fourth week of gains in quiet fashion on Friday, edging higher as the market took a breather after rallying 3 percent on Europe's deal to stem its debt crisis.
With the S&P 500 about to end its best month in almost 40 years, many would be happy to cash in gains and start packing for the ski slopes.
European shares slipped Friday after the previous session's rally on the European Union's debt deal, as a disappointing Italian bond auction fueled investors' skepticism about the plan to tackle the region's debt crisis.
Shares of MF Global Holdings Ltd hit another all-time low and bonds were in freefall on Friday as troubles intensified for the U.S. futures brokerage that is looking to sell off units in order to retain customers, and to survive.
Stocks edged lower on Friday as investors paused after a rally that lifted the S&P 500 index almost 20 percent from near bear market levels where it had sunk earlier this month.
Swiss Re has regained a prized credit rating lost during the financial crisis, a key step toward the reinsurer's goal of expanding its business.
Stocks edged lower on Friday as investors took a breather from a powerful rally that propelled the S&P to close above its 200-day moving average for the first time since August.
Stocks opened lower on Friday as investors booked profits a day after a powerful rally that propelled the S&P to close above its 200-day moving average for the first time since August.
Stocks were set for a lower open on Friday as investors looked to book profits a day after a powerful rally that propelled the S&P to close above its 200-day moving average for the first time since August.
Chevron Corp said its quarterly earnings more than doubled, beating Wall Street forecasts, as the second-largest U.S. oil company benefited from high oil prices and strong refinery margins.
Stock index futures fell on Friday as investors took profits a day after a powerful rally that propelled the S&P to close above its 200-day moving average for the first time since August.
U.S. stock index futures fell on Friday as investors took profits a day after a rally that pushed the S&P to close above its 200-day moving average for the first time since August.
Stock index futures pointed to a weaker open for equities on Friday after strong gains in the previous session, with futures for the S&P 500, the Dow Jones and the Nasdaq 100 down 0.4 to 0.5 percent.
Preference and savings shares in Italian auto maker Fiat SpA and truck and heavy machinery maker Fiat Industrial SpA soared on Friday after the two groups announced plans to convert these share classes into ordinaries.
Global stocks headed for their best week in over two years Friday, bolstered by EU leaders' efforts to contain the euro zone debt crisis which have stoked appetite for riskier assets, while the euro held just below a seven-week high.
Asian stocks headed for their best week in nearly three years after a long-awaited plan to resolve the European debt crisis sparked a huge relief rally in riskier assets, while the euro took a breather after jumping to a seven-week high.
Asian stocks are poised for their best week in nearly three years after a long-awaited plan to resolve the European debt crisis encouraged investors to put money back into riskier assets such as the euro and commodities.
Stocks surged 3 percent on Thursday as an agreement by European leaders to help contain the region's two-year debt crisis lifted a cloud hovering over markets.
U.S. regulators are formally investigating whether Avon broke bribery laws overseas, and the cosmetics company said it was again reassessing its strategy after quarterly profit fell far short of expectations.
Stocks surged 3 percent in a broad rally on Thursday as a long-awaited agreement by European leaders to boost the region's bailout fund promised to remove a major headwind for the market.
Deutsche Boerse AG sought to convince EU regulators to judge its bid for NYSE Euronext by assessing over-the-counter derivatives trading and not only its impact on the smaller exchange-listed market, in its bid to win clearance for the deal.
Stocks rallied in early trading on Thursday after European leaders agreed to boost the region's bailout fund and struck a deal with banks and insurers to accept 50 percent losses on Greek bonds.
Stocks looked set to jump 2 percent at the open on Thursday after European leaders agreed to boost the region's bailout fund and struck a deal with banks and insurers to accept 50 percent losses on Greek bonds.
Dow Chemical narrowly missed Wall Street's quarterly profit expectations as cost increases dented demand in Europe and North America.