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Wall St edges lower after string of gains
February 7, 2012 by admin
NEW YORK (Reuters) – Stocks closed slightly lower on Monday as lingering questions about Europe’s debt crisis and corporate earnings overshadowed growing optimism about economic growth after a five-week rally. View full post on Reuters: Business News
Nasdaq vaults to 11-year high on surge in jobs
February 4, 2012 by admin
NEW YORK (Reuters) – A surge in hiring in the world’s largest economy last month drove the Nasdaq to an 11-year high on Friday as optimism grew that the labor market is on a steady path to recovery. View full post on Reuters: Business News
Wall Street ends strong January on flat note
February 1, 2012 by admin
NEW YORK (Reuters) – Wall Street closed its best month since October on a flat note on Tuesday as weaker-than-expected economic reports surprised investors after a stream of positive data in recent months. View full post on Reuters: Business News
Greece, creditors on verge of clinching debt deal
January 29, 2012 by admin
ATHENS (Reuters) – Greece and its private creditors said on Saturday they were piecing together the final elements of a debt swap and expected to have a deal ready next week, essential for sealing a new bailout and avoiding an uncontrolled default. View full post on Reuters: Business News
Fed and Apple restart Wall Street’s advance
January 26, 2012 by admin
NEW YORK (Reuters) – Big profits from Apple and a promise from the Federal Reserve to keep rock-bottom rates for at least two more years powered the U.S. stock market higher on Wednesday. View full post on Reuters: Business News
Euro zone finance ministers to rule on glacial Greek debt talks
January 23, 2012 by admin
BRUSSELS/ATHENS (Reuters) – Euro zone finance ministers will decide on Monday what terms of a Greek debt restructuring they are ready to accept as part of a second bailout package for Athens after negotiators for private creditors said they could not improve their offer. View full post on Reuters: Business News
Wall Street rises on bank results, but Google sinks late
January 20, 2012 by admin
NEW YORK (Reuters) – Stocks rose for the third straight day on Thursday, sparked by results from Bank of America and Morgan Stanley and as the latest jobless claims dropped to a near four-year low. View full post on Reuters: Business News
S&P downgrades euro zone rescue fund, Greece pressured
January 17, 2012 by admin
BRUSSELS (Reuters) – U.S. rating agency Standard & Poor’s cut its credit rating of the euro zone’s EFSF rescue fund on Monday, and Greece was under pressure to break a deadlock in debt swap talks if it is to avoid an unruly default. View full post on Reuters: Business News
Wall Street slips on reports of euro-zone downgrades
January 14, 2012 by admin
NEW YORK (Reuters) – Stocks dropped on Friday, snapping a four-day winning streak, after news reports that Standard & Poor’s would downgrade credit ratings on several euro-zone countries. View full post on Reuters: Business News
Wall Street at 5-month high
January 11, 2012 by admin
NEW YORK (Reuters) – Stocks climbed to a five-month high on Tuesday, led by materials stocks after an upbeat forecast by aluminum company Alcoa and strong gains in bank shares. View full post on Reuters: Business News
