Thu Feb 21, 2013 11:14am EST * Surveys show downturn in euro zone businesses * U.S. weekly jobless claims rise by more than expected * Philly Fed business conditions in January lowest in 8 months * Treasuries underpinned by concern over government spending cuts By Chris Reese NEW YORK, Feb 21 (Reuters)…
Thu Feb 21, 2013 10:38am EST (Adds details, market reaction, quote) Feb 21 (Reuters) – Factory activity in the U.S. mid-Atlantic region unexpectedly contracted in February for the second month in a row, falling to the lowest level in eight months as new orders tumbled, a survey showed on Thursday. The Philadelphia Federal Reserve Bank…
Wed Feb 20, 2013 1:20pm EST (Writes through with possible hedge fund liquidation and other details, quotes; adds NEW YORK to dateline, second byline) * Rumor of commodity fund liquidation sparks broad selloff * Gold at 6-month low, silver down most in 2 months * Copper hits 1-month bottom * Gasoline, US crude oil down…
Tue Feb 19, 2013 5:02pm EST * 50-day moving average nearly falls below its 200 DMA * Investors not worried about inflation, hurts gold * Near-term rebound possible as market turns overly bearish By Frank Tang NEW YORK, Feb 19 (Reuters) – An ultra-bearish technical formation on gold charts suggests a further pullback could be…
Tue Feb 19, 2013 1:04pm EST * Investors focus on equities, S&P rises to 5-year high * Markets eye FOMC minutes Wednesday for US monetary outlook * Platinum down after Amplats resumes SAfrican mine operations (Updates prices, adds new comment) By Clara Denina NEW YORK, Feb 19…
By Andrea Tse02/15/13 – 01:07 PM EST NEW YORK (TheStreet) — Major U.S. stock averages were trading lower midday Friday as investors digested stronger-than-expected consumer sentiment and New York manufacturing data and awaited the results of the weekend G-20 meeting. The Dow Jones Industrial Average was down 2.8 points to 13,970. The blue-chip index is up 4.8% from its 2013…
NEW YORK (TheStreet) — Major U.S. stock averages opened flat Friday as investors awaited the outcome from a weekend meeting of the G-20. More on Stock Market Today Stock Futures Barely Budge as Investors Watch G-20 MeetingStocks Close Flat; Investors Cheer Deal NewsStock Futures Slide, Treasuries Soar The Dow Jones Industrial Average was rising…
By Ryan Vlastelica NEW YORK | Wed Feb 13, 2013 7:45am EST (Reuters) – Stock index futures edged higher on Wednesday, suggesting the market would continue a recent advance that lifted benchmark indexes to multi-year highs. While the long-term trend in markets should remain positive, some investors may take profit at current levels, analysts said, with the S&P…
Feb. 12, 2013, 12:52 p.m. EST By Wallace Witkowski and Polya Lesova, MarketWatch SAN FRANCISCO (MarketWatch) — U.S. stocks rose Tuesday, once again testing resistance levels, as financials rallied and tech stocks were weighed down following Apple Inc.’s appearance at an investment conference. Earlier, the major U.S. stock indexes struggled for direction, with Coca-Cola Co. (NYSE:KO) weighing on the Dow…
North Korea reportedly conducts another nuclear test Feb. 12, 2013, 9:00 a.m. EST By Barbara Kollmeyer, MarketWatch MADRID (MarketWatch) — U.S. stock futures stuck largely to the flat line on Tuesday, ahead of a barrage of speeches from Federal Reserve officials. THE REST OF THE STORY: MARKET SNAPSHOT Today’s stock-market coverage continues in Market Snapshot The…