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Los Angeles Times
| 10 months ago
The traders on Wall Street might be feeling a little nostalgic Friday the Dow Jones industrial average just crossed 13,000...There was reason to celebrate when Wall Street's best-known index first barreled through that number in April 2007. And that...
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GMA News
| 10 months ago
Stocks rallied on Friday on expectations the European Central Bank will tackle high borrowing costs hitting Spain and Italy, but the euro pared gains on market uncertainty about the specific action to be taken. Equities held on to their gains after...
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The Observer
| 10 months ago
The pair said in a joint statement that their countries are 'deeply committed to the integrity of the eurozone'. Photograph: Markus Schreiber/AP Angela Merkel and Francois Hollande on Friday pledged a joint determination to save the euro as they...
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MarketWatch
| 10 months ago
Financial stocks rose on Friday, joining a broad rally on Wall Street spurred by news that the leaders of Germany and France have vowed to protect the euro zone. ETF , which tracks the financial stocks in the S&P 500 , rallied 1.1%. The S&P 500 rose...
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MarketWatch
| 10 months ago
Treasury prices dropped on Friday, pushing 10-year yields up by the most since March, after comments from European political and monetary officials boosted optimism that more drastic steps will be taken to bring the region's sovereign debt crisis...
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International Business Times
| 10 months ago
Friday morning's London trading, on course for a weekly gain that would see the pattern of alternating up and down weeks stretched to week number eleven. Silver bullion also held onto most of its recent gains, trading around $27.70 per ounce for much...
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International Business Times
| 10 months ago
Spain has at last conceded it may need a state bailout and policymakers are considering writing down Greek debt to their central banks, European officials said on Friday, as markets anticipated radical new action to pull the continent out of its debt...
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Seattle Post Intelligencer
| 10 months ago
Promises from the leaders of Germany and France that they will protect the euro pushed the single currency to its highest point against the dollar in three weeks. German Chancellor Angela Merkel and French President Francois Hollande released a joint...
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Ansa
| 10 months ago
Encouraged by good news from the European Central Bank and a better-than-expected American economic report, investors gave strong support to Italian financial markets Friday...The spread between 10-year Italian bonds and the benchmark German bund...
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The Economic Times
| 10 months ago
Friday for signs of possible action coupled to pledges by European Central Bank chief Mario Draghi to support the beleaguered euro. Should the ECB linger in setting a rescue in motion, the troubled eurozone can look to the European Financial...
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The Economic Times
| 10 months ago
Wall Street rose on Friday on growing hopes of further stimulus from the Federal Reserve and the European Central Bank, as US economic growth slowed in the second quarter. US gross domestic product growth slowed to a 1.5 percent annual rate in the...
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International Business Times
| 10 months ago
Three of the world's most powerful central banks hold key meetings next week, and their decisions will either weigh on a global economy slowing so much the International Monetary Fund recently cut its growth forecast or give it a desperately needed...
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International Business Times
| 10 months ago
Articles The markets received additional support as French and German governments said they are "determined to do everything to protect the euro zone." The joint statement echoed comments one day earlier by European Central Bank President Mario...
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Charlotte Observer Online
| 10 months ago
Faced with Facebook, Starbucks and Angela Merkel, the market chose to focus on Merkel. For a second day, the U.S. stock market powered higher on optimism generated by pledges from European leaders, including German chancellor Merkel, to preserve the...
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The Courier-Mail
| 10 months ago
THE leaders of Germany and France have added their weight to the battle to preserve the European single currency, issuing a joint statement promising to do everything they can to stop the 17-country bloc from breaking up. The statement from...
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The Globe & Mail
| 10 months ago
Traders work on the floor of the New York Stock Exchange Thursday, July 26, 2012. AP Earnings The Facebook logo is seen on a screen inside at the Nasdaq Marketsite in New York in this file photo taken May 18, 2012. Market View In New York, the Dow...
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Turks and Caicos Free Press
| 10 months ago
U.S. stocks are climbing for a second day, propelled by hopes that European leaders will keep intact the continent's monetary union . The Dow Jones industrial average is up 102 points to 12,990 at midday. Earlier it reached 12,999.75, almost in reach...
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Kansas City Star
| 10 months ago
The Dow Jones industrial average briefly flitted above 13,000 at midday, pushed higher after Europe's leaders pledged to keep the euro zone intact.The Dow powered ahead more than 112 points to cross the key psychological marker, which it hasn't hit...
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Russia Today
| 10 months ago
Russian trading will be largely driven by financial results of local and foreign companies and uncertain background at the European floors...The issue was brought up by Economy Minister Luis de Guindos during a meeting with his German counterpart...
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The Economic Times
| 10 months ago
German Chancellor Angela Merkel and French President Francois Hollande pledged to do "everything to protect the eurozone" after telephone talks Friday. "Germany and France are deeply committed to the integrity of the eurozone. They are committed to...
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MarketWatch
| 10 months ago
Gains from Amazon.com Inc. and losses from Facebook Inc. highlighted action in the tech sector Friday. Amazon shares rose 5% to $232 following the online retailer's second-quarter earnings results. Facebook shares, however, slumped almost 17% to $22.
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MarketWatch
| 10 months ago
Merck shares rallied 3.2% after the pharmaceutical company's earnings topped forecasts. The S&P 500 index added 10.22 points, or 0.8%, to 1,370.24, with health care the best performing and energy the sole laggard among its 10 sectors. Amgen Inc. ...
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International Business Times
| 10 months ago
Mario Draghi has set a high bar by declaring that his European Central Bank will do whatever it takes within its mandate to preserve the euro. At the very least, financial markets expect the ECB to overcome the Bundesbank's reservations and resume...
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Reuters
| 10 months ago
News Mario Draghi, President of the European Central Bank (ECB), addresses the media during his monthly news conference at the ECB headquarters in Frankfurt, July 5, 2012. Mario Draghi has set a high bar by declaring that his European Central Bank...
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Denver Post
| 10 months ago
Facebook, Starbucks and Mario Draghi, the market chose to focus on Draghi. For a second day, the U.S. stock market powered higher on optimism generated by a pledge from the European Central Bank chief, who vowed Thursday to do whatever necessary to...
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The Daily Herald
| 10 months ago
New optimism that leaders in Europe will take decisive action to address their debt crisis pushed stock futures higher Friday for a second day and overshadowed more evidence of lethargic economic growth in the U.S. Dow Jones industrial futures added...
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Bogota Bulletin
| 10 months ago
Stocks are opening higher on Wall Street as investors hope for action from the European Central Bank to keep the euro together. The Dow Jones industrial average is up 55 points to 12,943 shortly after the opening bell Friday. Merck was the biggest...
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Asian Wall Street Journal
| 10 months ago
Friday on hopes for a more aggressive response to the euro-zone debt crisis, again reiterating its opposition to further government bond purchases by the European Central Bank. The Deutsche Bundesbank "hasn't changed its opinion" on government bond...
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Kansas City Star
| 10 months ago
The leaders of Germany and France say they are determined to do everything to protect the 17-country group that uses the euro.Chancellor Angela Merkel and President Francois Hollande said in a joint statement issued by the German government Friday...
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Sky News
| 10 months ago
Hours after it was confirmed that unemployment in Spain had reached a new record high, it was claimed the country had raised the prospect of it securing a 300bn euro (£235bn) bailout. The news agency Reuters, citing comments by a eurozone official,...
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International Business Times
| 10 months ago
Stock index futures edged higher on Friday at the end of a volatile week that has reinvigorated hopes that both the Federal Reserve and the European Central Bank will act next week to shore up flagging economies and stabilize the euro zone. Stocks...
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International Business Times
| 10 months ago
Articles A pledge by ECB President Mario Draghi on Thursday to do whatever it takes within the bank's mandate to preserve the euro, had propelled the common currency to a two-week high of $1.2330. Analysts said Draghi's comments sent a strong signal...
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Turks and Caicos Free Press
| 10 months ago
New optimism that leaders in Europe will take decisive action to address their debt crisis is pushing stock futures higher for a second day and overshadowing what are expected to be very modest growth numbers from the U.S. Dow Jones industrial...
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Independent
| 10 months ago
S powerful Bundesbank pushed back today against European Central Bank President Mario Draghi 's pledge to do whatever is necessary to protect the eurozone from collapse, but markets rallied on a report of imminent policy action. French newspaper Le...
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The Daily Herald
| 10 months ago
European markets stabilized Friday after the previous days rally, which had been driven by the European Central Bank chiefs pledge to do whatever it takes to save the euro currency union. ECB President Mario Draghi triggered a jump in stock markets...
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International Business Times
| 10 months ago
Spain has for the first time conceded it might need a full EU/ IMF bailout worth 300 billion euros ($366 billion) if its borrowing costs remain unsustainably high, a euro zone official said. Economy Minister Luis de Guindos brought up the issue with...
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The Globe & Mail
| 10 months ago
Economy Euro zone Mario Draghi, President of the European Central Bank (ECB), addresses the media during his monthly news conference at the ECB headquarters in Frankfurt, July 5, 2012. Euro Zone Mr. Draghi on Thursday raised hopes of such ECB...
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Reuters
| 10 months ago
News German Chancellor Angela Merkel chats with Finance Minister Wolfgang Schaeuble during a session in Berlin, July 19, 2012. Germany said on Friday it stood ready, just like the European Central Bank, to do all in its power to ensure the survival...
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MarketWatch
| 10 months ago
Germany's central bank on Friday said it still opposes government bond purchases by the European Central Bank but has no problem with tapping the euro-zone's temporary rescue funds to push down government borrowing costs, Dow Jones Newswires reported.
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MarketWatch
| 10 months ago
U.S. stock futures posted modest gains Friday ahead of data on gross domestic product that bulls hope will spur a further round of monetary stimulus, while Facebook Inc. shares headed for a sharply lower start after its earnings report spooked...
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Ledger-Enquirer
| 10 months ago
Germany's finance minister has welcomed a pledge by the European Central Bank's president to do what's needed to save the euro but stresses that politicians must act to resolve countries' problems. Mario Draghi said Thursday the ECB would "do...
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CNN
| 10 months ago
ET Click the chart for more premarket data. U.S. stocks head for a higher open Friday, as investors await the first reading on second-quarter GDP in the U.S. and remain hopeful that Europe's central bank will soon step in to support Spain and Italy.
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The Age
| 10 months ago
CMC Markets foreign exchange dealer Tim Waterer said the staunch defence of the euro gave financial markets a much-needed pick me up. "The Australian dollar tracked a path similar to that of global equity markets as traders took comfort from events...
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Guardian Unlimited
| 10 months ago
Latest first Oldest first Auto update: On Off Updates: Spain's unemployment crisis has worsened. Data released this morning showed the jobless rate has hit 24.6% the highest level since records began in the mid-1970s (following the end of the Franco...
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Russia Today
| 10 months ago
European Central Bank President Mario Draghi announced the lender would do whatever necessary to protect the eurozone from collapse...European stock markets jumped Thursday after four days of losses as European Central Bank President Mario Draghi...
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Scoop
| 10 months ago
DOW 12907 +19 NAS 2586 +1 S&P 1363 +3 Oil 89.68 Gold 1616 Across Asia, markets are firmer on the back of some comments from ECB President Mario Draghi today. Mr Draghi asserted that the ECB is ready to do whatever it takes to preserve the euro. This...
