ticker

U.S., Europe Indexes Jump 2% on Greek Hopes

Bikram Pandey
26 Sep, 2011
New York City

U.S. markets shot up following markets in Europe on the hopes that European policymakers will are close to containing the Greek debt crisis. The speculation on both sides of Atlantic drove more than 2% on the imminent steps to pump more liquidity in the banks and contain Greek crisis.

Wall Street Higher, Home Sales Weak; Greek Crisis Drags On

Devan Biswas
26 Sep, 2011
New York City

U.S. indexes attempted a rebound after a week of decline. Commodities traded mixed and oil rose 1.5%. New home sales declined in August and median prices fell. European markets closed higher on the hopes Greek crisis may be contained and Asian markets extended losses.

Nikkei Declines 2%, Nippon Electric Falls

Nigel Thomas
26 Sep, 2011
New York City

Stocks in Japan extended losses after a 3-day weekend. The yen edged higher and trading companies led the decliners. Commodities traded lower. Nippon Electric Glass fell after it lowered its fiscal first half outlook.

Australian Indexes in 3-day Sell-off, Newcrest Mining Down 9%

Marcus Jacob
26 Sep, 2011
New York City

Australian stocks extended losses for the third day in a row and markets in Asia declined. The ongoing turmoil in the euro zone is dampening the prospects of higher exports in Europe. Commodities prices declined sharply for the third day with gold trading 15% lower in seven days of trading.

Euro Area Confidence Deteriorates; Spanish Inflation at 3.1%

Arthi Gupta
29 Sep, 2011
New York City

German unemployment declined, European new commercial vehicle sales soared, and Hungarian producer prices fell in August. Euro-zone retail sales dropped for the fifth consecutive month and Spanish inflation rose in September.

Germany Approves Euro Fund Expansion; Italy

Arthi Gupta
29 Sep, 2011
New York City

The European indexes gained after German lawmakers agreed to expand the bailout fund. Italy sold

Gold Plunges $100, Silver Drops 18%; World Stocks Struggle

Bikram Pandey
23 Sep, 2011
New York City

The U.S. indexes struggled to stay positive and lost more than 5.3% in the week. Gold plunged $101.90 or 5.9% and lost 9.7% in the week and silver tumbled 18%, largest one day loss in 27 years. Investors dumped stocks in Europe and Asian markets decreased.

U.S. Stocks Rebound; European Markets Focus on Greece

Devan Biswas
23 Sep, 2011
New York City

U.S. stocks rebounded after a two-day selloff that knocked off 7% from indexes. U.S. Treasury yield on 10-year bond increased to 1.77% and the dollar edged higher. Greece remained in focus in European trading. Hewlett Packard declined after investors disagreed with the appointment of Whitman.

U.S. Movers: Cintas, KB Home, Nike, Tibco, Finish Line, Mosaic

Mukesh Buch
23 Sep, 2011
New York City

Cintas first quarter net earnings increased 12% to $68.6 million. Cavium update financial outlook for third quarter. NIKE first quarter net income increased 15% to $645 million. Mosaic first quarter net earnings surged 77% to $526 million. TriQuint lowered its third-quarter earnings outlook.

European Markets Slide 3%; G20 Statement Ring Hollow

Devan Biswas
23 Sep, 2011
New York City

European markets dropped for the third day in a row after a joint statement from G20 nations failed to offer any specific new initiatives. The fire storm of talks in Washington among policymakers and world finance leaders has failed to convince world markets.

Australian Index in Weekly Loss of 5.7%

Marcus Jacob
23 Sep, 2011
New York City

Australian stocks extended losses for the second day in a row and declined 5.7% in the week and fell 8% in the month. The G20 statement failed to convince world markets and indexes in Asia declined.

S&P 500 Index Down Over 3% in Worldwide Plunge; HP Selects Whitman

Bikram Pandey
22 Sep, 2011
New York City

The selling pressure gripped world markets with the U.S. indexes extending losses for the second day in a row and falling more than 3%. Investors were underwhelmed by the talks of appointing Meg Whitman as the next Hewlett Packard chief executive.

U.S. Movers: Bed Bath, FedEx, Red Hat, Scholastic, Vail Resorts

Mukesh Buch
22 Sep, 2011
New York City

Bed Bath second quarter net earnings increased to $229.4 million. FedEx first quarter net income soared 22% to $464 million. Goodrich agreed to be acquired by United Technologies for $18.4 billion.

European Markets Drop 4%; BNP Paribas, Deutsche Bank Plunge

Nichole Harper
22 Sep, 2011
New York City

European market indexes dropped to 26-month low after the batch of latest economic data pointed more weakness. Greece offered more spending cuts and Italy lowered economic outlook. German growth nearly halts. Stada Arzneimittel plunged on one time charge. Automakers and banks fall.

U.S. Indexes in Second Day 3% Loss; Jobless Claims Fall 9,000

Bikram Pandey
22 Sep, 2011
New York City

U.S. indexes dropped 3% for the second day in a row and 10-year Treasury note yield dropped to historic low of 1.76%. Global economic data signaled slowdown in the euro zone and China. Weekly U.S. jobless claims fell to 423,000. Copper, gold and oil fell between 3% and 7%. FedEx trims outlook.

Market Update