Stocks edged lower on Tuesday after stocks had their best week in two years last week and traders waited for direction from U.S. manufacturing data due later in the session.
Stock index futures were poised for a slightly lower open on Tuesday before factory orders data and after stocks had their best week in two years last week, leaving the market primed for a decline.
The U.S. dollar rose from the day's lows on a broad bout of short covering on Tuesday while Asian stocks pulled back slightly from a one-month high as some investors took profits from their recent rally.
The accounting troubles and short-seller attacks plaguing Chinese companies have spared few industries, though one sector appears to be a common target.
Asian stocks were steady near one-month highs on Tuesday as market players took a breather after five consecutive days of gains while the Australian dollar slipped ahead of a policy meeting of the country's central bank.
Tokyo Stock Exchange has proposed a tender offer for Osaka Securities Exchange Co <8697.OS>, Japan's Asahi newspaper reported on Tuesday, as the two bourses proceed in merger talks aimed at surviving a wave of industry consolidation.
Greece would likely be in default if it follows a debt rollover plan pushed by French banks, S&P warned on Monday, deepening the pain of a bailout that one European official said will cost Athens sovereignty and jobs.
World stocks hit a 4-1/2 week high on Monday as investors grew confident over global economic prospects after Greece avoided an early debt default and data pointed to a moderate slowdown in China's growth.
World stocks hit a 4-1/2 week high on Monday as investors grew confident over global economic prospects after Greece avoided an early debt default and data pointed to a moderate slowdown in China's growth.
World stocks hit a 4-1/2 week high Monday as investors grew confident over global economic prospects after Greece avoided an early debt default and data pointed to a moderate slowdown in China's growth.
Asian equities climbed a fifth consecutive session on Monday, led by Chinese stocks, though the euro turned lower after ratings agency S&P warned that any rollover of Greek's debt would constitute a default.
Asian equities climbed a fifth consecutive session on Monday, led by Chinese stocks, and the euro inched higher as some near-term risks receded about Greece's funding for the rest of the year and a slowdown in China appeared relatively moderate.
Asian stocks climbed and the euro inched higher on Monday after policymakers approved an emergency tranche of funding for Greece, offering a lifeline to the debt-stricken nation while strong U.S. data also boosted demand for risky assets.
They are victims of their own success. So now it's time for short sellers of Chinese stocks listed in North America to shift their attention thousands of miles away to Hong Kong.
They are victims of their own success. So now it's time for short sellers of Chinese stocks listed in North America to shift their attention thousands of miles away to Hong Kong.
SAO PAULO Grupo Pao de Acucar Chairman Abilio Diniz said he did not violate his partnership with France's Casino by negotiating a merger with their rival Carrefour in Brazil without informing his partner, the weekly magazine Veja said on Saturday.
A pullback could be on the table next week for stocks after their best weekly performance in two years, especially if a raft of data headlined by the June jobs report doesn't bolster the argument of a strengthening economy.
U.S. stocks started July with a bang on Friday with Wall Street scoring its best week in two years, helped by strong manufacturing data that eased concerns about slowing growth.
Stocks started July with a bang on Friday with Wall Street scoring its best week in two years on strong manufacturing data that eased concerns about slowing growth.
Stocks started July with a bang on Friday with Wall Street scoring its best week in two years, helped by strong manufacturing data that eased concerns about slowing growth.
July started on a positive note for U.S. stocks with Wall Street notching its fifth day of gains on Friday after a surprising jump in manufacturing data eased concerns about a tepid economic recovery.
Stocks rallied on Friday for a fifth day and were on track to record their best week in nearly a year, after a surprising jump in manufacturing data eased concerns about a tepid economic recovery.
Stocks advanced for a fifth straight session on Friday and were poised to record their best week in nearly a year after data showed the U.S. manufacturing sector grew faster than expected in June, helping to dispel some recent gloom about the economy.
Stocks were set to post their best week in nearly a year on Friday as investors looked ahead to key national manufacturing data, with confidence growing that the economic slowdown could be temporary.
U.S. stocks ended a volatile quarter on Thursday with their biggest four-day rally since September as positive economic data and a temporary resolution of Greece's debt crisis indicated further gains in July.
U.S. stocks advanced for a fourth straight day on Thursday in an end-of-quarter rally that was boosted by a surprisingly strong economic report covering the U.S. Midwest.
Wall Street rose for a fourth consecutive session on Thursday in an end-of-quarter rally that was boosted by a surprisingly strong economic report covering the U.S. Midwest.
Stocks gained for a fourth straight day on Thursday as equity markets rallied into the end of the quarter, boosted by a surprisingly strong report on manufacturing in the U.S. Midwest.
Stock index futures pointed to a fourth day of gains on Thursday, the day the Federal Reserve ends its massive bond buying program, as the market rallies into the end of the quarter.
Stock index futures pointed to a fourth day of gains for Wall Street on Thursday, the day the Federal Reserve ends its QE2 bond buying program, as optimism that Greece's debt problems are getting resolved helped lift equities from their recent lows.
