Futures on major U.S. indices point to higher opening on Tuesday as speculation that the European Union authorities will agree a fresh bailout for debt-laden Greece buoyed sentiment.
We're in no danger of hyperinflation because the Fed is not printing money. That's not what the program is all about. Instead it was a gamble meant to lift the prices of stocks and commodities, which it did - but which could now colapse very quickly when QE2 ends.
In less than 90 days, the debt crisis in Europe drove gold up more than 17.5% in 2010. If gold were to repeat the same pattern we saw last year, we could tack on 17%+ from today’s prices, putting the metal at over $1780 per ounce.
Stocks rallied broadly today supported by a surge in commodity prices.
U.S. stocks declined in early trade on Tuesday as weaker-than-expected housing data and disappointing results from Hewlett-Packard weighed on the sentiment.
US stocks closed modestly down despite solid data as the market continues to exhibit risk aversion.
Stocks, led by defensive shares, rebounded from prior session losses, as commodities also clawed back higher.
U.S. stocks declined in early trade on Thursday as disappointing outlook from Cisco Systems and lower commodity prices weighed.
U.S. stocks dropped sharply (wiping out this week’s advances) in tandem with plunging commodity prices
U.S. stocks declined in early trade on Thursday after Department of Labor reported that weekly jobless claims unexpectedly rose last week.
U.S. stocks declined in early trade on Wednesday as weaker-than-expected ADP private sector employment report and mixed corporate earnings weighed.
Futures on major U.S. indices point to a lower opening on Wednesday, ahead of economic data including ADP national employment report and ISM non-manufacturing index.
U.S. stocks kicked off May with slim losses, as the energy sector followed the price of oil lower and investors couldn't sustain a morning rally that followed the death of Osama bin Laden.
Stocks rose on Friday on strength from Caterpillar and other industrials, lifting the Dow and Nasdaq to their best monthly performance since December.
U.S. stocks got a lift on Friday from Caterpillar and other U.S. industrials' shares, putting the Dow in line for its best monthly performance since December.
U.S. stocks advanced in early trade on Friday, following stronger-than-expected earnings from major companies including Caterpillar and Merck.
U.S. stocks declined in early trade on Thursday after government reports showed that US economic activity slowed significantly in the first quarter and applications for jobless benefits unexpectedly increased.
Futures on major U.S. stock indices remained range-bound on Thursday ahead of economic data including key US GDP figures from the government.
U.S. stocks slightly higher in early trade on Wednesday after a government report showed that new orders for manufactured durable goods rose better-than-expected in March.
Futures on major U.S. stock indices point to a higher opening on Wednesday ahead of US Federal Reserve’s meeting and Census Bureau's durable goods orders report.
U.S. stocks ended higher on Thursday as robust earnings from Apple, Morgan Stanley and General Electric lifted the market, but weaker-than- expected reports on jobless claims and Philadelphia Fed Manufacturing Index kept gains in check.
U.S. stocks advanced on Thursday as robust earnings from Apple, Morgan Stanley and General Electric lifted the market, but weaker-than- expected reports on jobless claims and Philadelphia Fed Manufacturing Index kept gains in check.
