Stock index futures rose on Friday, shrugging off a credit rating downgrade of Spain, propelled by strong earnings from Google Inc. and hopes the Eurozone will continue progress toward a solution to its debt crisis.
Stock index futures pointed to a higher open for equities on Wall Street on Friday, with futures for the S&P 500, for the Dow Jones and for the Nasdaq 100 up 0.6-0.7 percent.
Gold fell nearly one percent and silver dropped three percent as precious metals followed the stocks down in a generally gloomy outlook for U.S. and European economies.
The Wall Street Journal newspaper has been accused of using a questionable to scheme to inflate its circulation numbers in Europe by permitting sponsor companies to purchase copies in bulk for as little as 1 cent each.
Stock index futures fell on Thursday after weaker-than-expected economic data in China reawakened global economic worry and earnings from JPMorgan Chase.
Oil slipped Thursday, with Brent crude snapping a six-day rally, after trade data from China pointed to slower demand in the world's second-largest oil consumer.
U.S. stocks extended their recent rally on Wednesday, with the Dow industrials rising back into positive territory for the year, as the euro-zone rescue fund was set to get approval from all EU members.
More good news out of Europe continues to provide the fuel to drive the current risk-asset rally.
U.S. stocks and other global risk assets traded higher on Wednesday on more good news out of Europe.
Days before third quarter earnings season began on Tuesday with Alcoa’s (NYSE:AA) earnings report, many analysts were optimistic because expectations have been set so low.
Slovakia, one of the smallest members of the Eurozone, has the Eurozone waiting and global investors sweating.
U.S. stock futures are slightly down as investors await the results of a key Eurozone vote and Alcoa’s (NYSE:AA) earnings report.
Stock index futures were lower on Tuesday after a strong rally in the prior session as investors awaited the results of a key vote by Slovakia on expanding the euro zone rescue fund.
Stock index futures pointed to a lower open on Wall Street on Tuesday following a brisk rally, with futures for the S&P 500 down 0.7 percent, Dow Jones futures down 0.6 percent, and Nasdaq 100 futures down 0.4 percent at 0938 GMT.
Stocks prices went up Monday after German Chancellor Angela Merkel and French President Nicolas Sarkozy agreed to craft a bailout plan for the Eurozone.
Lack of board oversight during the News of the World phone-hacking scandal and excessive compensation are cited as reasons by advisory firms to reinvent board of directors.
Stock index futures pointed to a higher opening for equities on Wall Street on Monday, with futures for the S&P 500, for the Dow Jones and for the Nasdaq 100 rising 0.9 to 1 percent.
Stocks declined on Friday after downgrades of Spain's and Italy's credit ratings underscored worries about the European debt crisis, overshadowing better-than-expected U.S. jobs data.
Gold and silver mining companies were falling Thursday - despite strength in the prices of both gold and silver and the broader stock market posting gains.
Stocks were little changed on Friday following a three-day rally after more jobs were created than expected in September, helping to ease concerns the economy was heading back into recession.
Equities were expected to steady on Friday after sharp gains in the previous session, with futures for the S&P 500 staying flat, for the Dow Jones gaining 0.08 percent and for the Nasdaq 100 falling 0.07 percent.
While fear fosters headlines, cash is what creates stories. And cash is the route the European Central Bank has chosen to go.