EQUITIES

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Amazon revenue surges, stock jumps

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.

S&P, Moody's execs to testify before Congress

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Executives from rating agencies Standard & Poor's and Moody's Investors Service are scheduled to testify on Wednesday on attempts to reform the credit rating industry and the role it is playing in the U.S. debt ceiling debate.

Debt talks buffet stocks, but chipmakers shine

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The stalemate in debt talks dragged down stocks for a second day on Tuesday, and light volume showed investors remained reluctant to make bets despite another round of healthy earnings.
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Home prices unchanged in May: S&P/Case-Shiller

Single-family home prices were unchanged in May, the first time in nearly a year they have not fallen on a monthly basis, though prices were still down compared to a year earlier, a closely watched survey said on Tuesday.
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Industrials off after 3M results; Nasdaq, S&P flat

The S&P and Nasdaq were little changed in thin trade on Tuesday as investors hoped for a resolution in the debt ceiling stalemate, while industrial stocks fell after 3M's profit failed to top estimates.
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Futures up after Ford results, eyes on debt talks

Stock index futures were slightly higher on Tuesday after earnings from blue chip companies like Ford extended optimism about a strong earnings season but the debt ceiling stalemate kept investors nervous.
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Debt standoff drags down stocks, drives wary mood

Stocks dipped on Monday as lawmakers remained in a standoff over raising the debt ceiling to avoid default, but investors were convinced a compromise will be reached before next week's critical deadline.
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Baidu Q2 beats Wall Street

Chinese search engine Baidu Inc reported quarterly revenue that beat market expectations after advertisers shrugged off fears of a Chinese economic slowdown, pushing its shares up 7 percent after the bell.
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Debt standoff pressures stocks, drives wary mood

Stocks dipped on Monday as lawmakers remained in a standoff over raising the debt ceiling to avoid default, but investors were convinced a compromise will be reached before next week's critical deadline.
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Wall St declines as debt talks stall

Stocks fell on Monday as continued political sparring in Washington over the debt ceiling heightened worries of a U.S. rating downgrade, sending world equities lower.
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Wall St falls on debt ceiling stalemate

Stocks tumbled on Monday as political brinkmanship in Washington over the debt ceiling sparked fears of a U.S. rating downgrade, sending world equities lower and pushing gold to a record high.
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Wall St set for lower open on debt gridlock

Stocks were set for a lower open on Monday as political brinkmanship in Washington over the debt ceiling sparked fears of a U.S. rating downgrade, sending world equities lower and pushing gold to a record high.
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Futures down on debt gridlock

Stock index futures fell on Monday as political brinkmanship in Washington over the debt ceiling sparked fears of a U.S. rating downgrade, sending world equities lower and pushing gold to a record high.
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Futures sharply lower on debt gridlock

Stock index futures fell sharply on Monday as political brinkmanship in Washington over the U.S. debt ceiling sparked fears of a U.S. rating downgrade, sending world equities lower and pushing gold to a record high.
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Stock index futures fall as debt talks collapse

Stock index futures dropped on Monday as a political impasse in Washington's debt ceiling talks fueled worries of a U.S. default, knocking world equities lower and pushing gold to a record high.
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Wall St Week Ahead: Markets edgy on debt talk stalemate

Much of the United States may be frying in near-record temperatures but Wall Street has been feeling the heat for months. Wrangling over the debt ceiling has kept markets on edge, and investors are still waiting for a breakthrough that leads to a deal to avoid a devastating default.
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Wall Street, companies brace for the worst: a U.S. default

American businesses, from Wall Street banks to major industrial corporations, are preparing contingency plans for a pair of once-unthinkable events: the United States defaulting on its debt and the loss of the nation's top AAA credit rating.
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Earnings, hope for debt deal brighten Wall Street

Investors poured into tech shares on Friday as promising chipmaker earnings and optimism that a solution was on the horizon for the U.S. debt stalemate triggered a move into growth-oriented shares.
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Nasdaq ends up on chipmaker earnings

Investors poured into tech shares on Friday as promising chipmaker earnings and optimism a solution was on the horizon for the U.S. debt stalemate triggered a move into growth-oriented shares.
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Caterpillar profit misses, hit by costs; stock off

Heavy machinery maker Caterpillar Inc disappointed Wall Street with a second-quarter earnings miss on Friday, hurt by higher costs, and its shares fell 5.5 percent, dragging down the U.S. stock market.
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Wall Street still gives big cash to Obama

Despite howls of protests from many on Wall Street over some of President Barack Obama's policies, financial sector employees are giving at a greater rate to his re-election bid than during his last campaign.

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