How will the Dow respond to US budget deal? - Breaking News Allvoices

News Stories Related To: How will the Dow respond to US budget deal?

New York City : NY : USA | over 1 year ago  
Jan. 1, 2013 The first day of 2013 is in the history books, but the first day of trading on Wall Street awaits us. With reports out of Hong Kong indicating early gains of as much as 1.9 percent...
    • Clear
    • Share:
    • Share
    • Clear
    • Clear
    • Clear
    • Clear
  • Read full report
   Reach     Credibility Credibility of 5
Report Your News Got a similar story?
Add it to the network!

Or add related content to this report

Related news stories

  • Japan's Nikkei soars on 1st trade day of the year

      Turks and Caicos Free Press | over 1 year ago
    Traders work on the floor of the New York Stock Exchange, Thursday, Jan. 3, 2013 in New York. AP) Japan's benchmark stock index soared on its first trading day of the new year Friday, as investors reacted to a weakening yen and Washington 's...
  • Hong Kong stocks open 0.12% lower

      The Courier-Mail | over 1 year ago
    Kong stocks have fallen 0.12 per cent at the open after climbing to a fresh 19-month high in the previous session following a US deal to avert the fiscal cliff. The benchmark Hang Seng Index on Friday eased 28.24 points to 23,370.36. Chinese shares...
  • Nikkei Surges On 2013 Trading Debut

      Asian Wall Street Journal | over 1 year ago
    Japanese stocks jumped to their highest level since March 2011 as the market got its first chance to react to the U.S. budget resolution, while other markets pulled back after the U.S. Federal Open Market Committee minutes suggested that its stimulus...
  • Fiscal cliff market relief fades in Europe

      Seattle Post Intelligencer | over 1 year ago
    Germany (AP) Enthusiasm waned Thursday in Europe over U.S. legislators' deal to stave off the so-called fiscal cliff, a series of automatic tax increases and spending cuts that could have hurt the world's largest economy. While the deal passed by...
  • US fiscal deal could spell trouble for Asia's investment winners

      Indian Express | over 1 year ago
    Investors could start to shift some money out of overpriced or crowded Asian investments in favour of the United States on the view that the fiscal deal manages to avert a U.S. recession and so boosts the prospects for American stocks. A fall in U.S.
  • Asian stocks rise on momentum from US budget deal

      Merced Sun-Star | over 1 year ago
    Asian stock markets rose again Thursday on a second day of momentum from Washington's agreement preventing the U.S. from going off the so-called fiscal cliff...Benchmarks in Singapore, Taiwan, Indonesia and New Zealand also rose...Markets in Japan...
  • Asia Markets: Asia markets extend rally, but wary about U.S.

      MarketWatch | over 1 year ago
    Hong Kong's Hang Seng Index  rose 0.3% in choppy trading after both markets ended Wednesday at their best level since June 2011...Taiwan's Taiex  climbed 0.6%, but South Korea's Kospi  bucked the upward trend to fall 0.5%. Cliff deal ignites global...
  • Relief rally follows US fiscal cliff resolution

      Australian Broadcasting Corporation | over 1 year ago
    The agreement raises $US620 billion over 10 years through tax increases on wealthier Americans and permanently extends tax cuts for those earning below $US400,000 for an individual or $US450,000 for a household. However, the deal has only postponed...
  • Dow Notches Best Day in Over a Year

      Asian Wall Street Journal | over 1 year ago
    The Standard & Poor's 500-stock index climbed 36.06 points, or 2.53%, to 1462.25 while the Nasdaq Composite jumped 92.75 points, or 3.07% to 3112.26. The broad-based rally, which saw all 30 Dow components and 94% of the S&P 500 stocks tack on gains,...
  • Market Reacts to Fiscal-Cliff Resolution

      The Motley Fool | over 1 year ago
    The Republicans and Democrats came to a compromise at the last minute, agreeing on a deal that will impose tax rises on the country's wealthiest, sparing the working and middle classes. On Tuesday night, Congress voted in favor of the bill with a...
  • Global Stocks Surge After Fiscal Cliff Compromise Between Republicans, ...

      International Business Times | over 1 year ago
    A panel displays the daily blue-chip Hang Seng Index movement at the Hong Kong Exchange Late Tuesday the U.S. House of Representatives voted to avert the fiscal cliff by supporting a Senate measure to hike income tax rates on only the wealthiest...
  • US Fiscal Cliff: Markets Rally After Deal

      Sky News | over 1 year ago
    Global markets have rallied in response to a deal in the United States to avert its so-called fiscal cliff. The market boost came after US Democrats and Republicans finally agreed a deal that will stop hundreds of billions of dollars in automatic tax...
  • Premarket: TSX set for major relief rally

      The Globe & Mail | over 1 year ago
    Markets Markets Economy It all suggests the TSX could be looking at gains in the 200-point range when trading begins at 930 a.m. (ET). Late last night, the House of Representatives approved a Senate-backed plan that scales back the broad tax hikes...
  • Markets rally after US 'fiscal cliff' deal

      Seattle Post Intelligencer | over 1 year ago
    Markets breathed a huge s ig h of relief Wednesday that U.S. lawmakers agreed on a budget deal that will stop hundreds of billions of dollars in automatic tax increases and spending cuts that risked plunging the world's biggest economy into recession.
  • US Congress passes fiscal cliff deal

      New Statesman | over 1 year ago
    The bill's passage on a 257-167 vote in the House of Representatives sealed a hard-won political triumph for the president less than two months after he secured re-election while calling for higher taxes on the wealthy. Moments later, Mr Obama strode...
  • FTSE surges after Obama avoids ‘fiscal cliff' with late-night deal

      Independent | over 1 year ago
    S blue-chip share index powered ahead today amid relief that America had been spared a devastating package of spending cuts and tax rises...Hong Kong's Hang Seng index had earlier rallied by more than 2pc to its highest level in 18 months. Economists...
  • Asian markets rise as US averts fiscal cliff

      Channel NewsAsia | over 1 year ago
    Asian shares rose sharply Wednesday as the US Congress backed a deal to avert a "fiscal cliff" of drastic tax rises and spending cuts in an upbeat start to the year for regional markets. As the House of Representatives approved the bill, which avoids...
  • Asia stocks jump as US staves off 'fiscal cliff'

      SF Gate | over 1 year ago
    Stock markets in Asia registered relief Wednesday over the U.S. congressional vote to stop hundreds of billions of dollars in automatic tax increases and spending cuts that risked plunging the world's biggest economy into recession. Benchmarks in...
  • Asia stocks at 5-mo. high as end nears for US fiscal cliff

      GMA News | over 1 year ago
    Asian stocks outside Japan rose nearly 20 percent last year as a combination of improving economic data from China, easing worries about a euro zone blow-up, and global central bank easing that encouraged investors back into equity markets.   Sakthi...
  • While you were sleeping: Progress on US budget deal

      Scoop | over 1 year ago
    In an unusual New Year's Day session at around 2am Eastern standard time, the Senate voted in favour of a bipartisan deal that holds taxes at current rates for almost all but the wealthiest of Americans. The debate over spending cuts has been delayed...

Use of this site is governed by our Terms of Use Agreement and Privacy Policy.

© Allvoices, Inc. 2008-2014. All rights reserved. Powered by PulsePoint.