Asian shares outside Japan posted their best gains in a month on Tuesday while safe-haven flight to the dollar eased, but the moves were seen as only a momentary reprieve from a gloomy economic outlook.
Asian shares rebounded on Tuesday from a three-session losing streak, while the safe-haven bid on the dollar retreated in moves seen as a momentary reprieve from concerns about the weak outlook for the global economy.
U.S. stocks fell in choppy trade and the Nasdaq slid to a fresh 6 and 1/2-year low on Monday as shares of the biggest drugmakers fell after Merck's proposed a $41 billion takeover of Schering-Plough .
U.S. stocks fell in choppy trade and the Nasdaq slid to a fresh 6 and 1/2-year low on Monday as shares of the biggest drugmakers fell after Merck's proposed a $41 billion takeover of Schering-Plough .
U.S. stocks fell in choppy trade and the Nasdaq slid to a fresh 6 and 1/2-year low on Monday as shares of the biggest drugmakers fell after Merck's proposed a $41 billion takeover of Schering-Plough .
U.S. stocks fell in choppy trade and the Nasdaq slid to a fresh 6 and 1/2-year low on Monday as shares of the biggest drugmakers fell after Merck's proposed a $41 billion takeover of Schering-Plough .
U.S. stocks fell in choppy trade and the Nasdaq slid to a fresh 6 and 1/2-year low on Monday as shares of the biggest drugmakers fell after Merck's proposed a $41 billion takeover of Schering-Plough .
Stocks fell in choppy trade on Monday as gains in the energy and banking sectors were more than offset by a drop in pharmaceuticals after Merck's proposed $41 billion takeover of Schering-Plough .
The Dow industrials and the S&P rose modestly while the Nasdaq dipped in choppy trade on Monday as gains by the energy and banking sectors were offset by a drop in pharmaceuticals after Merck's proposed $41 billion takeover of Schering-Plough .
The Dow industrials and the S&P rose modestly while the Nasdaq dipped in choppy trade on Monday as gains by the energy and banking sectors were offset by a drop in pharmaceuticals after Merck's proposed $41 billion takeover of Schering-Plough .
Stocks rose in choppy trade on Monday as surging oil prices lifted shares of energy companies, while positive broker comments spurred a rebound in technology bellwethers such as Microsoft Corp after a plunge on Friday.
Stocks were set to hit fresh 12-year lows at Monday's open as a lack of confidence in steps to shore up ailing banks persisted, offsetting Merck's proposed $41 billion takeover of Schering-Plough .
Stock futures signaled Wall Street could hit fresh 12-year lows at the open on Monday as a lack of confidence in steps to shore up ailing banks persists, offsetting news of a $41 billion drug sector takeover.
Japan's Nikkei average struck a 26-year low on Monday and other Asian markets slipped on worries about the fate of General Motors and U.S. banks, while the yen edged up in a slight reversal of its broad slide.
With stocks mired in multi-year lows and the fate of General Motors and banks hanging in the balance, investors are unlikely to curb their flight from risk this week, putting Wall Street on track for another brutal sell-off.
Britain will take a stake of up to 75 percent in Lloyds Banking Group after agreeing to a deal that would cap the bank's losses on about 250 billion pounds ($356 billion) of its risky assets, a person familiar with the matter said on Friday.
Dow Chemical Co and Rohm and Haas Co said they are in talks to try to settle litigation related to Dow's refusal to close its more than $15 billion takeover of Rohm and Hass.
U.S. stocks mostly rose on Friday, with the Dow and S&P rebounding late in the day to end higher as surging oil prices lifted energy stocks and offset a sell-off in technology shares on bets that the slowing economy will sap consumer spending on gadgets.
Stocks fell to further 12-year lows on Friday as a bearish brokerage view on Apple Inc prompted a sell-off in technology shares and overhanging fears about the banking system's future weighed.
Stocks fell on Friday as a bearish brokerage view on Apple Inc ignited a sell-off in shares of big-cap tech companies, while fears over the fate of the banking system persisted.
Dow Chemical Co and Rohm and Haas Co said they are back at the bargaining table to try to settle litigation related to their proposed merger, sending both companies' stock up more than 15 percent.
General Motors Corp said on Friday that it still prefers to restructure the business out of court rather than file for bankruptcy reorganization.
Dow Chemical Co and Rohm and Haas Co said on Friday that they were in talks about their troubled merger and the litigation stemming from it.
Stocks fell on Friday, extending a slide to 12-year lows, on a sell-off in shares of big-cap technology companies after a brokerage cut its price target and profit views for bellwether Apple Inc .
Stocks rose on Friday as a climb in commodity prices sent shares of natural resource companies higher and a dividend cut at Wells Fargo lifted banks, offsetting more bleak news about the labor market.
Stocks rose at the open on Friday as a climb in commodity prices sent shares of natural resource companies higher, offsetting more bleak news about the labor market.
Stocks headed for a slightly higher open on Friday, with shares of natural resource companies set to lead the charge as commodity prices rose, offsetting more bleak news about the labor market.
Stock index futures dipped on Friday as investors feared government payrolls data for February may show the recession is deepening and extend Wall Street's recent fall to 12-year lows.
Stocks slid on Thursday with the Dow and S&P falling to 12-year lows as General Motors' warning of possible bankruptcy and concerns about the banking system's fate reinforced investors' reluctance to take on risk.
Stocks slid on Thursday, hit by persistent worries about major banks, including Citigroup , and a warning from General Motors about a possible bankruptcy.