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Wall Street Fluctuates; Gold, Oil Advance on Mid-east Tensions

Bikram Pandey
04 Jan, 2012
New York City

U.S. stocks traded sideways and gold rose to a 2-week high and oil gained to a high last seen in May as war of words escalated between the U.S. and Iran. U.S. auto sales increased 10% in 2011 on strong December sales.

UK Mortgage Approvals Rise, M4 Money Supply Falls

Arthi Gupta
04 Jan, 2012
New York City

The UK indexes traded sideways. The UK M4 money supply fell and mortgage approvals rose to a 23-month high in November but construction activity improved in December. Domino''s Pizza UK & IRL surged 6% but Next slumped 4%.

U.S. Indexes in Mixed Trading; Mortgage Applications Drop

Arthi Gupta
04 Jan, 2012
New York City

The U.S. indexes futures edged lower ahead of the factory goods order data and U.S. mortgage applications declined. Chesapeake said it is on target to achieve its long-term debt net of cash to be about $9.5 billion as of year-end 2012.

Nikkei Opens 2012 with 1.2% Rise

Nigel Thomas
04 Jan, 2012
New York City

Stocks in Tokyo opened higher on the first day of trading after a long weekend. The Nikkei 225 index increased 1.2% after falling 17.3% in 2011. ExxonMobil plans to sell its stake in the refiner TonenGeneral.

Euro Area Inflation Eases to 2.8%; Vestas Slumps 15%

Arthi Gupta
04 Jan, 2012
New York City

European markets declined after UniCredit proposed an offering to raise

Miners Lift Australian Indexes 2%

Marcus Jacob
04 Jan, 2012
New York City

Australian stocks gained 2% and extended advance for the second day in a row as commodities prices increased and world economic data pointed to higher manufacturing activities. Oil rallied in Europe and in New York on the rising tensions in the Middle East. Gold jumped 2%.

Wall Street Advances on Economic Optimism; Gold Up 2%

Bikram Pandey
03 Jan, 2012
New York City

U.S. stocks soared on the first day of trading after manufacturing expanded and construction spending increased. The trading sentiment was also bolstered after manufacturing in China and Australian showed an increase. Gold soared on rising tensions in the Middle East.

Hong Kong, India Lead Asian Markets Advance

Nigel Thomas
03 Jan, 2012
New York City

Asian markets traded higher after China reported better than expected manufacturing data. Market indexes gains were in a check after crude oil increased 3%. Markets in Japan, mainland China, Japan and Thailand were closed.

UK Manufacturing Up; Confidence Slumps to 3-Year Low

Arthi Gupta
03 Jan, 2012
New York City

The UK indexes climbed after manufacturing rose unexpectedly but business confidence fell to a 3-year low in December. Chile-based Codelco exercised its option to buy 49% stake in Anglo American Sur for $6 billion.

U.S. Indexes Soar 2% on Construction, Manufacturing Data

Arthi Gupta
03 Jan, 2012
New York City

The U.S. indexes gained more than 2% after manufacturing expanded in November and construction spending rose. Venezuela proposed to pay Exxon $255 million in compensation for assets nationalised in 2007. France-based Total acquired assets in the Utica shale region from Chesapeake for $2.32 billion.

Australian Indexes Jump 1%; Retailers in Focus

Marcus Jacob
03 Jan, 2012
New York City

Australian stocks opened higher on the back of rising commodities prices and firm Asian markets. Australian retail sales are expected to rise 2.4% in the three weeks to mid-January.

Yields Rise Ahead of European Bonds Auctions

Arthi Gupta
03 Jan, 2012
New York City

European markets traded volatile as crude oil surged nearly 3% and investors feel the pressure ahead of sovereign bond sale from Spain and Italy next week. German jobless rate dropped in November but Spanish unemployment rose in December.

World Markets Fall in 2011; Brazil, China, India and Russia Lead Decliners

Bikram Pandey
30 Dec, 2011
New York City

The U.S. indexes struggled to hold slim gains in 2011 and the S&P 500 closed flat and the Nasdaq fell 1.9%. The Dow, considered too narrow for most investors, gained 5.5%. Emerging markets led the global decline with India down 25%, Brazil and Russia dropping 18% and China falling 22%.

Nikkei Plunged 17% in 2011

Nigel Thomas
30 Dec, 2011
New York City

Stocks in Japan suffered from multiple forces driving the market lower for the second year in a row. The Nikkei declined 17.3% in the year after falling 3% in 2010. Freight shippers led the decliners with more than 50% fall and machinery makers and electronics exporters suffered as the yen gained.

UK Home Prices Drop 0.2%; FTSE 100 Declined 6% in 2011

Arthi Gupta
30 Dec, 2011
New York City

The UK indexes gained but for the year plummeted 6%. The UK home prices dropped 0.2% on a monthly basis in December and housing equity injections slowed in the third quarter.

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