The S&P 500 and the Nasdaq edged up on Thursday, hovering around two-year highs, but a recent rise in bond yields and uncertainty over tax-cut legislation unsettled investors.
Stock futures rose modestly on Thursday as Treasuries steadied after a jump in yields, while data on the labor market was expected later in the morning.
U.S. stock index futures pointed to a higher open on Wall Street on Thursday, with futures for the S&P 500 up 0.3 percent, Dow Jones futures up 0.3 percent and Nasdaq 100 futures up 0.2 percent. at 1051 GMT.
U.S. Treasury prices edged up on Thursday as bargain hunters entered the fray after a violent two-day surge in yields, pulling the dollar lower, while Asian stocks rose on hopes added fiscal stimulus will help the U.S. economy in the near term.
For Kathryn Confer, refinancing the mortgage on her home in Erie, Pennsylvania, became a race against time -- first because she was drowning under a 10.5 percent interest rate and then because of the U.S. Congress.
For Kathryn Confer, refinancing the mortgage on her home in Erie, Pennsylvania, became a race against time -- first because she was drowning under a 10.5 percent interest rate and then because of Congress.
Financial literacy has become a huge catchphrase -- the one idea upon which consumer advocates and bankers, borrowers and lenders, even Republicans and Democrats all agree.
Steady economic improvement should fuel U.S. stock gains through 2011, according to a Reuters poll of investors and strategists, but international concerns could limit gains in the second half of the year.
A prominent U.S. business group on Wednesday urged the Obama administration to consider modifying some provisions of a broad-based financial regulatory overhaul that they said hurt American competitiveness.
Financial literacy has become a huge catchphrase -- the one idea upon which consumer advocates and bankers, borrowers and lenders, even Republicans and Democrats all agree.
Young kids hurling stones at army tanks, stifling curfews, incongruous checkpoints and an unrelenting settlement activity...The visualization of the word 'Palestine' is unlikely to change any time soon. Fathers would still have to carry children on their shoulders to protest against the army incursions while their mothers rally in support of people forced out as a result of expanding settlements. The peace talks have been officially stalled, the latest of the news reports suggest.
Here’s someone who “caught” America’s Transportation Safety Administration (TSA) agent’s eyes at Los Angeles International Airport. The former ‘Baywatch’ actress Donna D'Errico claims that a TSA agent pulled her for body scan without giving a choice of undergoing pat-down search, as per the normal procedure.
Stocks rose and U.S. government bonds saw their worst sell-off in 18 months on Wednesday as a deal on U.S. taxes highlighted Washington's expansionary fiscal stance and its likely impact on growth and future deficits.
China emerges the only destination among the top 5 to witness increase in students from the USA for year 2008-09
The U.S. dollar will be a safe investment for the next six to 12 months because global markets are focused on the euro zone's troubles but America's fiscal health is worse than Europe's, an adviser to the Chinese central bank said on Wednesday.
Elizabeth Edwards, the former wife of former presidential John Edwards, died Tuesday after a six-year battle with cancer. She was 61.
President Barack Obama defended his compromise with Republicans on extending tax cuts for wealthier Americans, saying it was urgent to keep millions of Americans from losing unemployment insurance payments.
Stocks eked out a small gain on Tuesday as investors' enthusiasm over a tax cut extension deal was short-circuited by rising bond yields and reports regulators were stepping up an insider-trading probe.
Stocks eked out a small gain on Tuesday as investors' enthusiasm over a tax cut extension deal was short-circuited by rising bond yields and reports regulators were stepping up an insider-trading probe.
U.S. stocks advanced in early trade on Tuesday as sentiment was buoyed by President Barack Obama's announcement of an agreement with Republicans on a plan to extend income tax cuts for all Americans.
Obama has compromised with the Republicans. The wealthiest Americans will see their tax break continued for at least the next two years and the millions of unfortunate Americans who are out of work will see their unemployment insurance extended for 13 months.
U.S. stocks climbed to a fresh two-year intraday high on Tuesday as investors bet a deal to extend tax breaks will prompt increased spending and buoy the economy while preserving returns for shareholders.