While you were sleeping: IMF, Spain lift market

Article – BusinessDesk

April 18 (BusinessDesk) – The International Monetary Fund’s more upbeat outlook for both the global and the US economy, as well as solid demand for Spanish debt helped bolster equities on Wall Street and in Europe. Read more »

While you were sleeping: US retail sales save day

Article – BusinessDesk

April 17 (BusinessDesk) – Wall Street and equities in Europe decided to take their cues from a report showing better-than-expected US retail sales, though concern about the euro zone was not far away as Spain’s bond yields climbed over 6 percent. Read more »

While you were sleeping: Investors bet on China

Article – BusinessDesk

April 13 (BusinessDesk) – Wall Street advanced, as did equities in Europe, as investors bet that China is set to release better-than-predicted economic growth data. Read more »

While you were sleeping: Alcoa, Fed bolster mood

Article – BusinessDesk

April 12 (BusinessDesk) – An unexpected profit by Alcoa and a positive view of the world’s biggest economy from the Federal Reserve have helped global equities rebound. Read more »

While you were sleeping: Spain rains on optimism

Article – BusinessDesk

April 11 (BusinessDesk) – Concern plagued Wall Street and European equity markets as renewed worry about Spain’s solvency flares and investors gear up for the start of the US first-quarter earnings season. Read more »

World Week Ahead: US earnings season starts

Article – BusinessDesk

April 10 (BusinessDesk) – Wall Street dropped on disappointment with Friday’s nonfarm payrolls report and investors are looking to the start of the first-quarter earnings season for fresh clues. Read more »

While you were sleeping: Tepid demand for Spanish debt

Article – BusinessDesk

April 5 (BusinessDesk) – Spain’s struggle to drum up demand for new bonds raised not only the nation’s borrowing costs but also the spectre that the euro zone’s sovereign debt crisis is far from over. Equities on both sides of the Atlantic fell as a result. Read more »

While you were sleeping: Easy money hopes fade

Article – BusinessDesk

April 4 (BusinessDesk) – Minutes from last month’s US Federal Reserve meeting quashed hopes for a fresh liquidity boost from monetary policy makers, lowering the appeal of equities and bonds alike. Read more »

While you were sleeping: US manufacturing lifts

Article – BusinessDesk

April 3 (BusinessDesk) – Better-than-expected manufacturing data from the world’s two largest economies helped underpin stocks on Wall Street and in Europe. Read more »

While you were sleeping: Greece returns

Article – BusinessDesk

March 30 (BusinessDesk) – Renewed concerns about the outlook for Greece, combined with mixed corporate and economic news in the US, is taking a bit of the shine off a superb first quarter for global equities. Read more »

While you were sleeping: Economy, oil hit stocks

Article – BusinessDesk

March 29 (BusinessDesk) – Equities dropped after a weaker-than-expected report on US manufacturing and a decline in oil prices as France appears set to join the US and the UK in tapping some of its strategic oil reserves. Read more »

While you were sleeping: US consumers confident

Article – BusinessDesk

March 28 (BusinessDesk) – The latest data on US consumer confidence was slightly ahead of expectations, keeping alive optimism that the world’s largest economy will expand at a clip to warrant the recent gain in stock prices. Read more »

While you were sleeping: Bernanke lifts risk bid

Article – BusinessDesk

March 27 (BusinessDesk) – US Federal Reserve chairman Ben Bernanke lifted the mood on Wall Street saying the world’s largest economy must accelerate faster to help lower the jobless rate, providing hope that further stimulus might be on the way. Read more »

While you were sleeping: Manufacturing hiccup hurts

Article – BusinessDesk

March 23 (BusinessDesk) – Stocks in Europe and on Wall Street dropped as data showed that manufacturing contracted in China as well as the euro zone, underpinning worries that the economic outlook might not support equity valuations. Read more »

While you were sleeping: US home sales falter

Article – BusinessDesk

March 22 (BusinessDesk) – Equities in Europe and on Wall Street slipped after a report showed sales of previously owned US houses unexpectedly dropped last month, fuelling concern that the pace of economic recovery falls short of recent gains in stock prices. Read more »

While you were sleeping: China dims growth outlook

Article – BusinessDesk

March 21 (BusinessDesk) – Equities in Europe and on Wall Street fell amid concern that China’s economic strength is faltering after BHP Billiton warned that the nation’s growth of steel production was slowing. Read more »

While you were sleeping: One Apple boost a day…

Article – BusinessDesk

March 20 (BusinessDesk) – Stocks on Wall Street climbed to further highs, lifting the Standard & Poor’s 500 to within 10 percent of its 2007 record, as Apple said it will start paying a dividend and buy back US$10 billion of its shares. Read more »

While you were sleeping: Momentum builds

Article – BusinessDesk

March 16 (BusinessDesk) – Equities in Europe and on Wall Street advanced on better-than-expected data on US manufacturing and a lower-than-forecast number of Americans applying for jobless benefits. Read more »

While you were sleeping: Wall Street stays strong

Article – BusinessDesk

March 15 (BusinessDesk) – Wall Street held onto gains for now, helped by another climb in stock market darling Apple, which has advanced for a sixth day. Read more »

While you were sleeping: US retail sales boost confidence

Article – BusinessDesk

March 14 (BusinessDesk) – Wall Street held on to earlier gains, spurred by strong retail sales, after the US Federal Reserve said the economy was expanding moderately and confirmed it would keep interest rates low. Read more »

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