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US stocks drop on Greece worries


February 11th, 2012 - 4:01 am ICT by IANS
New York, Feb 11 (IANS) US stocks dropped Friday as Greece's crucial international bailout was put on hold by eurozone finance ministers.Eurozone finance ministers said Greece had to save an ... Read more...

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US stocks edge higher amid Greek hope (Lead)


February 10th, 2012 - 6:56 am ICT by IANS
New York, Feb 10 (IANS) US stocks edged higher Thursday amid Greek's long-awaited austerity deal and better-than-expected jobless claims.Greek political leaders Thursday reached a deal over austerity measures in order ... Read more...

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US stocks little changed after Greece deal


February 10th, 2012 - 3:05 am ICT by IANS
New York, Feb 10 (IANS) US stocks traded in a very narrow range around the breakeven line Thursday as investors felt little thrilled after Greek political leaders had agreed on ... Read more...

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US stocks edge higher on Greece hopes (Lead)


February 9th, 2012 - 8:05 am ICT by IANS
New York, Feb 9 (IANS) US stocks edged higher Wednesday as investors were still hoping the debt talks in Greece will be resolved, Xinhua reported.Despite the hopes, some investors were ... Read more...

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US stocks slip


February 9th, 2012 - 7:16 am ICT by IANS
New York, Feb 9 (IANS) The US stocks slipped in midday trading Wednesday as investors' concerns mounted amid prolonged debt talks in Greece.The Dow Jones industrial average fell 30.05 points, ... Read more...

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US stocks mixed amid Greek debt talks (Lead)


January 28th, 2012 - 5:05 am ICT by IANS
New York, Jan 28 (IANS) US stocks ended mixed Friday as investors weighed conflicting economic data against the ongoing Greek debt swap talks.The Dow Jones industrial average lost 74.17 ... Read more...

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US stocks mixed


January 28th, 2012 - 3:00 am ICT by IANS
New York, Jan 28 (IANS) US stocks traded mixed Friday amid news that the US economy grew slower than expected, and concerns over the ongoing Greece debt negotiations.The Commerce Department ... Read more...

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Wall Street ends lower amid mixed economic data (Lead)


January 27th, 2012 - 6:30 am ICT by IANS
New York, Jan 27 (IANS) US stocks closed lower Thursday as disappointing housing sales offset the optimism from the Federal Reserve's decision to maintain low interest rate through 2014, Xinhua ... Read more...

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US stocks slightly lower in thin trading


January 27th, 2012 - 3:53 am ICT by IANS
New York, Jan 27 (IANS) US stocks were slightly lower in thin trading Thursday amid earning reports, economic data and the Federal Reserve's decision to keep low interest rate, Xinhua ... Read more...

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US stocks end higher


January 26th, 2012 - 8:57 am ICT by IANS
New York, Jan 26 (IANS) US stocks rose Wednesday after the Federal Reserve said it will not raise interest rates until at least 2014, maintaining its accommodative stance to support ... Read more...

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US stocks edge mixed (Lead)


January 25th, 2012 - 5:53 am ICT by IANS
New York, Jan 25 (IANS) US stocks edged narrowly mixed Tuesday with the S&P; snaping a 5-day winning streak, amid failed Greek negotiations and mixed earnings.European Union ministers Tuesday rejected ... Read more...

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US stocks edge lower


January 25th, 2012 - 2:29 am ICT by IANS
New York, Jan 25 (IANS) US stocks edged lower Tuesday amid concerns about the European debt crisis and mixed US corporate earnings.European Union ministers Tuesday rejected the proposals by private ... Read more...

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Raju Narisetti named WSJ Digital Editor


January 22nd, 2012 - 3:03 am ICT by IANS
Washington, Jan 21 (IANS) Noted Indian American journalist Raju Narisetti has been named the new managing editor of The Wall Street Journal's digital network.In his new job, Narisetti will have ... Read more...

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US stocks rise amid IMF report, Goldman results


January 19th, 2012 - 12:45 am ICT by IANS
New York, Jan 18 (IANS) US stocks opened higher Wednesday on International Monetary Fund (IMF) report and Goldman Sachs earning results.The IMF said that it will raise its lending capacity ... Read more...

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US stocks fall on bleak earnings


January 14th, 2012 - 8:46 am ICT by IANS
New York, Jan 14 (IANS) US stocks closed lower Friday as JP Morgan Chase reported worse-than-expected fourth-quarter earnings, while downgrades of several European countries spurred new concerns over the region's ... Read more...

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US stocks end higher amid European optimism (Lead)


January 13th, 2012 - 6:03 am ICT by IANS
New York, Jan 13 (IANS) US stocks ended higher Thursday as news from the Europe helped lift the market despite weak US economic data, reports Xinhua.The Dow Jones industrial average ... Read more...

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US stocks mixed amid tepid data


January 13th, 2012 - 2:42 am ICT by IANS
New York, Jan 13 (IANS) US stocks traded mixed Thursday as US economic data worried investors, but news from Europe provided support.The US Commerce Department said total retail sales increased ... Read more...

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Wall Street mixed amid European concern (Lead)


January 12th, 2012 - 7:00 am ICT by IANS
New York, Jan 12 (IANS) US stocks closed mixed Wednesday as concerns about the European debt crisis kept pressuring the market, but upbeat US economic situation came as a relief.The ... Read more...

Posted in Business |

US stocks end mixed


January 12th, 2012 - 5:40 am ICT by IANS
New York, Jan 12 (IANS) US stocks ended mixed Wednesday as fresh worries over European economic slowdown weighed on the market.German gross domestic product decreased by about 0.25 percent in ... Read more...

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US stocks extend gains on positive data


January 11th, 2012 - 7:47 am ICT by IANS
New York, Jan 11 (IANS) US stocks rose Tuesday amid positive data and better-than-expectation quarterly company revenues.Alcoa posted revenue above expectations after the market closed Monday, Xinhua reported.The company posted ... Read more...

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Beijing aims to become global financial hub


January 11th, 2012 - 5:48 am ICT by IANS
Beijing, Jan 11 (IANS) The Beijing government has pledged to turn the Chinese capital into a major international financial hub.It will secure more credit supply from the state financial institutes ... Read more...

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Wall Street edges higher ahead of new season (Lead)


January 10th, 2012 - 7:35 am ICT by IANS
New York, Jan 10 (IANS) US stocks edged moderately higher Monday as investors awaited the beginning of a new earnings season, Xinhua reported.As of Monday's close, the Dow Jones industrial ... Read more...

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US stocks moderately higher ahead of earnings


January 10th, 2012 - 6:17 am ICT by IANS
New York, Jan 10 (IANS) US stocks ended moderately higher Monday as investors awaited the beginning of a new earnings season, Xinhua reported.Analysts expected that US corporate earnings will be ... Read more...

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Wall Street flat as investors weigh US data, Europe


January 5th, 2012 - 3:26 pm ICT by IANS
New York, Jan 5 (IANS) US stocks ended flat Wednesday after major indexes rallied on the first trading day of the New Year, as the market was still teetering between ... Read more...

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US stocks rise amid positive data


December 30th, 2011 - 3:21 am ICT by IANS
New York, Dec 30 (IANS) US stocks extended gains Thursday after the country's jobless data hit the lowest level in over three years and home sales soared to the highest ... Read more...

Posted in Business |

US stocks slide on Europe concerns (Lead)


December 29th, 2011 - 6:24 am ICT by IANS
New York, Dec 29 (IANS) US stocks dropped Wednesday with the S&P; 500 back to negative territory for the year, as sentiment was still pressured by lingering European concerns.Italy Wednesday ... Read more...

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US stocks slide on Europe concerns


December 29th, 2011 - 3:14 am ICT by IANS
New York, Dec 29 (IANS) US stocks continued to decline during mid-day trading Wednesday as European banks deposited record amount of cash in the European Central Bank.Italy Wednesday successfully sold ... Read more...

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US stocks mixed amid thin trading (Lead)


December 28th, 2011 - 6:00 am ICT by IANS
New York, Dec 28 (IANS) US stocks ended narrowly mixed amid thin trading Tuesday, the first trading session after the Christmas Holiday, Xinhua reported.Major indexes went higher in early trading ... Read more...

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US stocks rise in midday trading


December 28th, 2011 - 4:20 am ICT by IANS
New York, Dec 28 (IANS) US stocks rose slightly during midday trading Tuesday, Xinhua reported.The Standard & Poor's Case-Shiller index of 20 city dropped 0.6 percent in October, compared with ... Read more...

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US stocks stay low for straight day


December 15th, 2011 - 9:02 am ICT by IANS
New York, Dec 15 (IANS) US stocks ended lower for the third straight day Wednesday amid euro zone concerns and data, Xinhua reported.On economic front, the US labor department said ... Read more...

Posted in Business |

US stocks drop for second straight day (Lead)


December 14th, 2011 - 6:09 am ICT by IANS
New York, Dec 14 (IANS) US stocks dropped all early gains and ended lower for the second straight day Tuesday after the Federal Reserve offered no immediate measures to boost ... Read more...

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US stocks rise on positive retail data


December 14th, 2011 - 5:23 am ICT by IANS
New York, Dec 14 (IANS) US stocks opened higher Tuesday on positive retail data.According to the commerce department, US retail sales rose 0.2 percent after a 0.6-percent gain in October.The ... Read more...

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US stocks pull back as European optimism fades


December 13th, 2011 - 8:57 am ICT by IANS
New York, Dec 13 (IANS) US stocks pulled back across the board Monday as initial enthusiasm about last week's EU compact faded, Xinhua reported.The Dow Jones industrial average dropped 162.87 ... Read more...

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US stocks rise higher on European hopes


December 6th, 2011 - 12:37 am ICT by IANS
New York, Dec 5 (IANS) US stocks rallied in early trading Monday as investors were expecting European leaders to take decisive measures to tackle the contagious debt problems, Xinhua reported.French ... Read more...

Posted in Uncategorized |

Wall Street ends mixed despite EU optimism


November 30th, 2011 - 5:50 am ICT by IANS
New York, Nov 30 (IANS) The US stocks ended mixed Tuesday despite optimism over euro zone meetings and better-than-expected Italian bond auction, Xinhua reported.Tuesday's move came after Monday's rally, in ... Read more...

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