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Wall Street in Feeble Advance on Economic Optimism

Bikram Pandey
05 Jan, 2012
New York City

Stocks in New York traded sideways after the release of mixed jobs data but the euro zone worries weighed on the market sentiment. Retailers were in focus after December same store sales were weaker than expected. Monsanto, MetroPCS and Barnes & Noble led the decliners.

Persistent Higher Yen Worries Tokyo Investors; Nikkei Down 0.8%

Nigel Thomas
05 Jan, 2012
New York City

Stocks in Tokyo trading declined on the fresh worries related to the euro zone and the growing consensus that the yen may remain strong against the euro and dollar in 2012. Steelmakers declined and TonenGeneral extended losses for the second day.

UK Service Sector Accelerates, Gross Reserves Fall

Arthi Gupta
05 Jan, 2012
New York City

The UK indexes declined after lower than expected demand for the French debt auction held today. The UK government said gross reserves fell, service sector growth accelerated and Ireland reported unemployment rate decreased in December.

U.S. Stocks Look Down on Euro Worries; Mixed Jobs Picture

Arthi Gupta
05 Jan, 2012
New York City

The U.S. indexes futures dropped on the ongoing euro area debt worries with no end in sight. Employment in the U.S. private sector expanded in December and weekly jobless claims fell to 372,000, Consumer price inflation in the OECD area eased in November.

Australian Stocks Edged Lower, Service Sector Contracts

Marcus Jacob
05 Jan, 2012
New York City

Australian stocks declined in thin trading after rallying for the first two days after German debt auction attracted fewer than expected bids and ahead of French debt auction later today. Resources linked stocks were on the defensive. Service sector contracted in December.

Euro Area Orders Rise; German Retail Sales Drop

Arthi Gupta
05 Jan, 2012
New York City

The producer price index for the euro area and Italian jobless rate rose but retail sales in Germany fell in November. The consumer confidence index for France remained unchanged in December.

European Markets Lower; France Sells

Arthi Gupta
05 Jan, 2012
New York City

European markets edged lower and France raised

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.

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