U.S. stocks opened 1 percent lower and were on track to post their worst weekly losses in nearly a year on Friday after data showed meager growth in the economy while a setback in Washington over a debt deal kept investors nervous.
Stocks were on track to post their worst weekly losses in nearly a year on Friday after data showed meager growth in the economy while a setback in Washington over a debt deal kept investors nervous.
U.S. stock index futures fell on Friday after lawmakers in Washington delayed a vote on a Republican proposal to raise the U.S. government's debt limit.
Stock index futures fell on Friday after lawmakers in Washington delayed a vote on a Republican proposal to raise the U.S. government's debt limit.
Stock index futures pointed to a weaker opening for equities on Wall Street on Friday after U.S. lawmakers delayed a vote on a Republican proposal to raise the U.S. government's debt limit.
Cutting the U.S. deficit by some $4 trillion over 10 years would be a good start, but more savings would be needed over time to bring the country's finances under control, ratings agency Standard & Poor's said on Thursday.
Shares of specialty tea retailer Teavana Holdings Inc surged as much as 73 percent on their trading debut on Thursday, as investors gravitate toward specialty consumer foods.
A U.S. deficit reduction plan that promises $4 trillion in savings over time would be a good downpayment on getting the country's strained public finances under control, said John Chambers, chairman of S&P's sovereign ratings committee.
Wall Street gained momentum on Thursday, with the Nasdaq up about 1 percent before a key vote in Congress on a plan to prevent a U.S. default.
Wall Street advanced on Thursday, boosted by an unexpected rise in pending U.S. home sales and a dip in jobless claims, but trading was volatile as investors awaited a key vote in Congress on a plan to prevent a U.S. default.
Stocks rose on Thursday as better-than-expected data on home sales and employment lent support to the market after equities suffered their worst day in eight weeks in the previous session.
Stock index futures rose on Thursday after Wall Street suffered its worst day in eight weeks, but the session was predicted to be volatile ahead of a key vote later in the day on a bill to cut the U.S. deficit.
Stock index futures rose slightly on Thursday after Wall Street suffered its worst day in eight weeks, but the session was predicted to be volatile ahead of a key vote later in the day on a bill to cut the U.S. deficit.
Wall Street was set to edge higher at Thursday's open in a bounce from steep falls in the previous session, as U.S. politicians struggle to come to an agreement over the debt ceiling days before the deadline to avoid default.
Global stocks fell to their lowest in more than a week on Thursday, knocked down by mounting concerns about a U.S. debt default which also kept the dollar subdued against the safe-haven Swiss franc and the yen.
Asian stocks slid more than 1 percent in thin volume on Thursday as investors trimmed positions with just three trading days to go before a deadline to lift the U.S. debt ceiling, while the Australian dollar showed resilience in the face of global sovereign risks.
Two top U.S. defense contractors posted sales that missed Wall Street's expectations on Wednesday in a sign that federal efforts to rein in military spending are starting to take a toll.
Investors eagerly bought the shares of Dunkin' Donuts parent Dunkin' Brands Group Inc , sending them up as much as 56 percent on their first day of trading on Wednesday.
Wall Street suffered its worst day in eight weeks on Wednesday, hit by weak earnings, lackluster economic data and no movement in Washington talks as the deadline for a U.S. default looms.
Wall Street stocks fell on Wednesday as investors dumped technology shares after their recent strong performance and as faltering debt talks kept the market on edge.
Standard & Poor's on Wednesday cut Greece's sovereign credit rating further into junk territory, lowering it to CC from CCC, saying the European Union's proposed debt restructuring would put the country into selective default.
Wall Street fell on Wednesday as troubling signs from U.S. corporations and falling demand for long-lasting manufactured goods discouraged investors already nervous about faltering debt talks in Washington.
Stocks dropped for a third straight day on Wednesday, with the Nasdaq off 2 percent, as a political deadlock over the debt ceiling and a decline in durable goods orders kept investors away from risky assets.
Amazon.com Inc will use its surging revenue to boost growth and drive expansion into areas such as Web content and cloud computing rather than boost its margins.
Stocks were set for a third straight day of declines as the political deadlock over raising the debt ceiling and a decline in durable goods orders kept investors away.
Stocks were slightly lower on Wednesday as concerns over a possible debt default by the United States continued to weigh on investor sentiment.
Stocks were slightly lower on Wednesday as concerns over a possible debt default by the United States continued to weigh on investor sentiment.
Stock index futures pointed to a mixed opening on Wall Street on Wednesday, with futures for the S&P 500 up 0.1 percent, Dow Jones futures up 0.1 percent and Nasdaq 100 futures down 0.13 percent at 0940 GMT.
A new and bigger restructuring of Greek debt is likely within the next two years, an official from credit ratings agency Standard & Poor's said on Tuesday, adding a further downgrade of Greece's sovereign debt rating was pretty certain.
Amazon.com Inc reported a surge in quarterly revenue on sales of its kindle electronic reader and other electronics and forecast far better-than-expected revenue for the current quarter, sending its shares up more than 6 percent.