Japanese stocks held steady on Tuesday after early losses on signs of a slowdown in the U.S. economic recovery and oil fell for a second session as the dollar edged higher on euro debt concerns.
Japanese stocks slipped on Tuesday amid signs of a slowdown in the U.S. economic recovery that pushed global stocks and oil prices lower a day earlier but there were few fresh factors to have a bearing.
Japanese stocks slipped on Tuesday amid signs of a slowdown in the U.S. economic recovery that pushed global stocks and oil prices lower a day earlier but there were few fresh factors to have a bearing.
Asian stocks were mixed on Tuesday amid signs of a slowdown in the U.S. economic recovery that pushed global stocks and oil prices lower a day earlier.
The Nasdaq sank, leading U.S. stocks lower on Monday, as investors sold recent winners in a sign of growing unease with pockets of U.S. economic weakness.
Euro zone finance ministers approved a 78 billion euro ($110 billion) bailout for Portugal but as a condition of the deal insisted that Lisbon ask private bondholders to maintain their exposure to its debt.
The twin brothers who accused Facebook Inc and founder Mark Zuckerberg of stealing their idea for the social networking website lost their bid to have a U.S. court void a multi-million dollar settlement of their claims.
NEW YORK, May 16 - Chrysler Group LLC is widely expected to downsize and raise pricing on its $3.5 billion institutional loan ahead of its commitment deadline on May 18, sources said on Monday.
End of Day FOREX Summary
The Nasdaq sank, leading U.S. stocks lower on Monday, as investors sold recent winners in a sign of growing unease with pockets of U.S. economic weakness.
by Andrea Johnson and Danielle RobinsonBRADENTON/NEW YORK, May 16 - Google Inc hit the U.S. bond market on Monday with its high grade market debut, selling $3 billion of 3-year, 5-year and 10-year notes that take advantage of low borrowing rates.
The Nasdaq sank, leading U.S. stocks lower on Monday, as investors sold recent winners in a sign of growing unease with pockets of the U.S. economy.
Manufacturing in New York State grew at its slowest pace in five months in May, while U.S. homebuilders remained deeply pessimistic as buyers stayed away from the market, data released on Monday showed.
U.S. stocks fell on Monday, led by the Nasdaq's decline after data showed weakness in the economy, underscoring views the market's recent rally is fizzling.
Euro zone finance ministers approved a 78 billion euro bailout for Portugal on Monday but as a condition of the deal insisted that Lisbon ask private bondholders to maintain their exposure to its debt.
Credit rating agency S&P has offered a settlement deal in an EU market abuse probe of financial identifier code pricing and data provider Thomson Reuters should work to resolve a similar case, the EU said on Monday.
Bill Gross, manager of top bond fund PIMCO, said on Monday it was a misconception that the firm was betting against U.S. Treasuries, despite his concerns about the U.S. fiscal outlook.
A proposal by a group of Canadian banks and pension funds to take over the operator of the Toronto Stock Exchange offers cost savings and opportunities for international growth, the group said on Monday.
Technology and consumer discretionary stocks tumbled on Monday as investors fretted about signs of weakness in the economy that are likely to put a halt to the stock market's run this summer.
A proposal by a group of Canadian banks and pension funds to take over the operator of the Toronto Stock Exchange offers cost savings and opportunities for international growth, the group said on Monday.
U.S. Dollar Gold Prices continued on Monday morning where they'd left off on Friday, zigzagging around $1495 while global stock markets fell along with major industrial commodities oil and copper.
Manufacturing growth in New York State slowed much more than expected in May to its slowest pace in five months, while U.S. homebuilders struggled as buyers stayed away from the market, data released on Monday showed.
Euro zone finance ministers are ready to back an EU/IMF bailout of Portugal at a Monday meeting overshadowed by the arrest of International Monetary Fund chief Dominique Strauss-Kahn on sexual assault charges.
The Dow and the S&P 500 edged higher on Monday, recovering from a fall at the open, as a weaker dollar helped commodity-related stocks snap back from a selloff in the last session.
PIMCO's Bill Gross, manager of the world's largest bond fund, said on Monday it was a misconception the firm was short on U.S. Treasuries, saying the fund never actually bet against U.S. Treasuries.
Nasdaq OMX Group Inc and IntercontinentalExchange withdrew their hostile $11.3 billion bid for rival NYSE Euronext on Monday, citing opposition from U.S. antitrust regulators.
A proposal by a group of Canadian banks and pension funds to take over the operator of the Toronto Stock Exchange offers cost savings and opportunities for international growth, the group said on Monday.
Energy costs pushed up euro zone inflation in April, but core prices jumped as well, confirming ECB concerns about rising inflationary risks and adding to the case for more interest rate hikes.
Stocks fell on Monday as jitters about euro zone debt bailouts, including more financial reforms by Greece, and doubts about the pace of global growth encouraged investors to shed riskier assets.
A group of Canadian banks and pension funds are hoping their C$3.6 billion ($3.7 billion) offer for TMX Group will keep the nation's largest stock market from falling into foreign hands, but questions remained on Sunday whether that is reason enough to succeed.
