Asian stocks rebounded from steep losses over the past several sessions on Wednesday, after tentative signs that European leaders are stepping up their efforts to stop the region's sovereign debt woes from sparking a full-blown banking crisis.
Asian stocks trimmed earlier gains Wednesday as investors remained skeptical about whether European leaders are going far enough their efforts to stop the region's sovereign debt woes from sparking a full-blown banking crisis.
Investors rushed in to buy technology and other beaten-down sectors as the S&P 500 dipped in and out of a bear market on Tuesday, and a late rally drove the index to its largest gain in more than a week.
In 2011 in America, what passes for a revolution is a frightening tangle of wires, power strips, routers and gas generators underneath a canopy in the center of a park.
The S&P 500 brushed up against a bear market on Tuesday, but investors rushed in to buy technology and other beaten-down sectors and the index posted its largest gain in more than a week.
Stocks fell for a third day on Tuesday on worries Europe's debt problems will hurt banks, pushing the S&P 500 into bear market territory.
Big U.S. stocks are providing some shelter from cascading world equity markets but they are far from a safe haven.
The S&P 500 entered bear market territory after the open on Tuesday, down over 20 percent from its 2011 high, as European officials considered making banks take bigger losses on Greek debt and fears of contagion in the world's financial system grew.
The Nasdaq jumped 1 percent on Tuesday, reversing an earlier steep drop as tech shares rose and the overall stock market trimmed losses on comments from Federal Reserve Chairman Ben Bernanke that he was ready to take more steps to help the fragile recovery.
A secondary offering of shares in Lions Gate Entertainment Corp by affiliates of billionaire investor Carl Icahn has been put on hold due to poor market conditions, a source with direct knowledge of the process said.
Stocks tumbled on Tuesday with the S&P 500 sliding into bear market territory as European officials delayed a vital aid payment to debt-stricken Greece but the government said it was not preparing for a default.
Stocks tumbled and the S&P 500 entered bear market territory on Tuesday as European officials postponed a vital aid payment to debt-stricken Greece.
Stock index futures pointed to a lower open on Tuesday, with the S&P 500 set to enter a bear market as European officials postponed a vital aid payment to debt-stricken Greece.
Stock index futures fell on Tuesday, a day after equities hit 13-month lows, as European officials considered making banks take bigger losses on Greek debt and on expectations Greece would default soon.
Stock index futures fell on Tuesday, a day after equities hit 13-month lows, on increased worries about a major banking crisis in Europe and expectations Greece would default soon.
World stocks hit a fresh 15-month low on Tuesday and the dollar rose to a nine-month peak as fears over a major banking crisis in Europe mounted along with expectations Greece could soon default, accelerating a global economic slowdown.
Stock index futures pointed to a lower open on Wall Street on Tuesday, with futures for the S&P 500 down 0.4 percent, Dow Jones futures down 0.5 percent and Nasdaq 100 futures down 0.5 percent at 0841 GMT.
European stock index futures fell on Tuesday, after global stocks sank to a 15-month low, as investors shed riskier assets on growing doubts over Greece's ability to avoid default that fueled fears of global financial turmoil and recession.
World stocks fell to a 15-month low and the euro tumbled to its weakest level against the yen in more than a decade on Monday as growing expectation of a Greek default increased fears of another global recession.
Asian stocks extended losses on Tuesday from the previous day's steep declines as investors continued to flee from riskier assets on growing doubts over Greece's ability to avoid default, fuelling fears of global financial turmoil and recession.
Stocks slumped in heavy volume to a 13-month low on Monday as investors dumped bank shares on fears that Greece's worsening financial crisis could cause a large European lender to fail.
Stocks slumped in heavy volume to a 13-month low on Monday as investors dumped bank shares on fears that Greece's worsening financial crisis could cause a large European lender to fail.
Large U.S. bank stocks fell sharply on Monday on concerns that lenders like Citigroup Inc and Morgan Stanley may face more earnings setbacks from the debt crisis in Europe.
Stocks slumped in heavy volume to a 13-month low on Monday as investors dumped bank shares on fears that Greece's worsening financial crisis could cause a large European lender to fail.
Stocks tumbled more than 2 percent on Monday on investor concerns Greece would fail to avoid a default on its debt and the effect that may have on European lenders and the global economy.
Stocks turned lower, with the Nasdaq falling 1 percent on Monday, led down by financial shares.
Stocks were little changed on Monday as positive U.S. economic data helped to offset fears Greece may require increased euro zone financial assistance after news it will exceed its deficit targets.
U.S. stock fell on Monday as new evidence surfaced that Greece would have trouble clawing its way out of a debt crisis, even as data indicated some strength in the U.S. economy.
Stocks fell on Monday as concerns over Greece's teetering finances returned to the forefront, extending losses from the previous week.
Britain's prized triple-A sovereign debt rating could come under pressure if the government strays from its path of public deficit cuts in the face of weaker growth, credit agency Standard & Poor's said on Monday.