By Angelo Young @angeloyoung_ a.young@ibtimes.com on January 21 2015 11:17 AM European Central Bank (ECB) President Mario Draghi addresses an ECB news conference in Frankfurt, in this Dec. 4, 2014, file photo. The euro edged away from an 11-year low on Jan. 19, 2015, as investors braced for a crucial meeting on Jan. 22 which…
Critical information ahead of the U.S. stock market’s open Published: Jan 21, 2015 7:30 a.m. ET What have we learned over the past few days? There are the good surprises. Like the ones that come in a box with a ribbon, or a check from Taylor Swift to pay off your student loans. Or when…
By Angelo Young @angeloyoung_ a.young@ibtimes.com on January 16 2015 8:15 AM RadioShack Corporation once filled a comfortable niche in a world where consumers bought small electronics items — batteries, cords and transistor radios — in neighborhood stores. Now, the very name of the 94-year-old retail franchise reflects its age and its struggle to keep pace…
Published: Jan 14, 2015 11:44 a.m. ET Some argue that it is no longer the market indicator it once was MADRID (MarketWatch) — Economists are bullish on growth, but copper’s big plunge on Wednesday appeared to be suggesting that they’re wrong. For investors, the crucial question is ‘Who is right?’ An ugly 24-hour period…
14-Jan-2015 15:05 By Marcy Nicholson NEW YORK, Jan 14 (Reuters) – NEW YORK, Jan 14 (Reuters) – Copper’s 12-percent dive so far this week has sliced through key support levels, setting up a deeper slump that some chartists say could test the market’s decade low following the 2008 financial crisis. This week’s slump, which is…
Published: Jan 14, 2015 10:13 a.m. ET Retail sales drop in December; Copper plunges on World Bank view NEW YORK (MarketWatch) — The U.S. stock market fell sharply on Wednesday, extending declines to four consecutive days, after surprisingly weak December retail sales cast a shadow on the pace of economic growth. Disappointing results from banking…
* Markets on track for positive week * Trading volume likely to be light after holiday * Biotech stocks rise, but still lower on week * Indexes up: Dow 0.3 pct, S&P 0.4 pct, Nasdaq 0.6 pct (Updates to morning trading) By Ryan Vlastelica NEW YORK, Dec 26 (Reuters) – U.S. stocks rose on Friday,…
* Dow jumps 421 points, biggest pct gain since Dec. 2011 * S&P 500 posts biggest daily pct gain since Jan. 2013 * Tech leads the gain; Oracle up after results * Indexes up: Dow 2.4 pct, S&P 2.4 pct, Nasdaq 2.2 pct (Updates close with further comments, VIX close) By Caroline Valetkevitch NEW YORK, Dec…
BY CAROLINE VALETKEVITCH NEW YORK Tue Dec 9, 2014 6:59pm EST (Reuters) – The S&P 500 ended nearly flat on Tuesday as concerns about global weakness and political turmoil were offset by gains in technology and energy shares. The index managed to nearly erase a 1.3 percent decline from earlier in the day, moving more…
on December 10 2014 6:03 PM U.S. stocks tumbled on Wednesday, with the Dow Jones Industrial Average plunging more than 260 points, after the Organization of the Petroleum Exporting Countries (OPEC) slashed its outlook for 2015, sending the price of crude oil to a new five-year low. The S&P 500 energy sector dropped more than…