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US stocks drop on economic, euro concerns


July 10th, 2012 - 1:31 am ICT by IANS
New York, July 9 (IANS) US stocks opened lower Monday as disappointing Asian data raised more economic concerns, Xinhua reported.On economic front, Japan's core machinery orders dropped worse-than-expected 14.8 percent ... Read more...

Posted in Business |

US stocks wobble despite rate cuts


July 6th, 2012 - 4:46 am ICT by IANS
New York, July 6 (IANS) US stocks wobbled around the breakeven line Thursday, as rate cuts in both China and Europe failed to ignite the market.The European Central Bank cut ... Read more...

Posted in Business |

US stocks up in holiday-shortened session


July 4th, 2012 - 2:12 am ICT by IANS
New York, July 4 (IANS) US stocks traded higher in a holiday-shortened session Tuesday, as the latest weak data added to speculations that the central bank may take more steps ... Read more...

Posted in Business |

US stocks rally led by banks


June 23rd, 2012 - 11:35 am ICT by IANS
New York, June 23 (IANS) US stocks closed higher Friday after a huge sell-off in the previous session, boosted by the financial sector despite multiple credit ratings downgrades by Moody's.Ratings ... Read more...

Posted in Business |

US stocks mixed on disappointing data


June 13th, 2012 - 10:51 pm ICT by IANS
New York, June 13 (IANS) US stocks opened mixed Wednesday on negative data, although more and more investors believe that a new round of quantitative easing will come.On the economic ... Read more...

Posted in Business |

US stocks mixed amid euro uncertainties


June 12th, 2012 - 11:40 pm ICT by IANS
New York, June 12 (IANS) US stocks opened mixed Tuesday as investors welcomed the Spanish bank aid package.However, investors have now turned their attention to Italy's struggling banking system, fearing ... Read more...

Posted in Business |

US stocks retreat after short relief rally


June 12th, 2012 - 1:19 am ICT by IANS
New York, June 11 (IANS) US stocks retreated after a short rally Monday as enthusiasm on the Spanish bank aid package faded.Spain will be lent up to 100 billion euros ... Read more...

Posted in Business |

US stocks plunge after weak jobs report


June 2nd, 2012 - 3:16 am ICT by IANS
New York, June 2 (IANS) US stocks plunged Friday after a highly-anticipated report showed the recovery in the jobs market was sharply slowing down.According to the Labor Department, the US ... Read more...

Posted in Business |

US stocks open mixed


May 25th, 2012 - 12:41 am ICT by IANS
New York, May 24 (IANS) US stocks opened mixed Thursday on mixed economic reports and ongoing euro zone concerns.On the economic front, orders for durable goods increased a slight 0.2 ... Read more...

Posted in Business |

US stocks rally after worst week of year (Lead)


May 22nd, 2012 - 8:44 am ICT by IANS
New York, May 22 (IANS) US stocks rebounded Monday after major indexes suffered their worst weekly losses of the year in the previous week.The Dow Jones industrial average gained ... Read more...

Posted in Business |

US stocks rebound to start week


May 22nd, 2012 - 2:49 am ICT by IANS
New York, May 22 (IANS) US stocks rebounded Monday after major indexes suffered their worst weekly losses in the previous week.Investors were wary after leaders of eight industrial countries ... Read more...

Posted in Uncategorized |

US stocks slide amid euro concerns (Lead)


May 19th, 2012 - 5:23 am ICT by IANS
New York, May 19 (IANS) US stocks failed to find any support Friday amid continuing concerns over the eurozone and a shaky Nasdaq debut of the Facebook.At market close, ... Read more...

Posted in Business |

US stocks tumble on disappointing jobs data


May 5th, 2012 - 12:06 am ICT by IANS
New York, May 4 (IANS) US stocks tumbled Friday after the highly-anticipated government monthly jobs report came in weaker than expected.According to the Labor Department, the economy only added 115,000 ... Read more...

Posted in Business |

US stocks trim losses despite weak data (Lead)


May 2nd, 2012 - 11:59 pm ICT by IANS
New York, May 2 (IANS) US stocks trimmed early losses and traded mixed Wednesday even after weak reports on both private jobs and durable goods orders.Major indexes opened lower after ... Read more...

Posted in Business |

US stocks rise on upbeat manufacturing data


May 1st, 2012 - 11:44 pm ICT by IANS
New York, May 1 (IANS) US stock jumped Tuesday, with the blue-chip Dow rallying to a fresh four-year high, as market sentiment was boosted by upbeat manufacturing data.According to the ... Read more...

Posted in Business |

US stocks open lower


April 30th, 2012 - 9:30 pm ICT by IANS
New York, April 30 (IANS) US stocks opened lower Monday as investors worried about the economic recession in Spain.Spain's GDP contracted by 0.3 percent for the first quarter. Although the ... Read more...

Posted in Business |

US stocks rally on housing data


April 27th, 2012 - 6:34 am ICT by IANS
New York, April 27 (IANS) US stocks extended rally Thursday as the housing data came in better than expected, offsetting a weak jobs report and some disappointing earnings.The Dow Jones ... Read more...

Posted in Business |

US stocks end mixed amid strong earnings


April 25th, 2012 - 8:36 am ICT by IANS
New York, April 25 (IANS) US stocks ended mixed Tuesday as investors weighed stronger-than-expected corporate earnings against lackluster economic data.The Dow Jones industrial average gained 74.39 points, or 0.58 percent, ... Read more...

Posted in Business |

US stocks slide on European concerns


April 24th, 2012 - 3:32 am ICT by IANS
New York, April 24 (IANS) US stocks slid Monday as concerns over European situations once again plagued the market.The Dow Jones industrial average lost 102.09 points, or 0.78 percent, to ... Read more...

Posted in Business |

US stocks lower amid weak economic data


April 20th, 2012 - 1:32 am ICT by IANS
New York, April 19 (IANS) US stocks edged lower Thursday as the latest string of weak economic data overshadowed better-than-expected corporate earnings.The US Labor Department said that the number of ... Read more...

Posted in Business |

US stocks continue downward trend


April 11th, 2012 - 3:20 am ICT by IANS
New York, April 11 (IANS) US stocks continued the downward trend Tuesday as concerns over European debt problems resurfaced amid rising borrowing costs in Spain and Italy.US stocks logged four ... Read more...

Posted in Business |

US stocks tumble after March jobs report


April 10th, 2012 - 3:52 am ICT by IANS
New York, April 10 (IANS) US stocks tumbled Monday as investors came back from a weekend holiday and finally got a chance to react to Friday's jobs data, Xinhua reported.The ... Read more...

Posted in Business |

US stocks fall as stimulus hopes fade


April 5th, 2012 - 12:46 am ICT by IANS
New York, April 4 (IANS) US stocks continued to fall Wednesday as investors were told that the Federal Reserve was not willing to launch more stimulus measures amid steady improvement ... Read more...

Posted in Business |

US stocks drop


April 4th, 2012 - 12:43 am ICT by IANS
New York, April 3 (IANS) US stocks fell into the negative territory Tuesday, after the latest data on factory orders came in weaker than expected, as investors were awaiting the ... Read more...

Posted in Business |

US stocks trim losses amid Spain concern


March 30th, 2012 - 4:06 am ICT by IANS
New York, March 30 (IANS) US stocks trimmed early losses and ended the session mixed Thursday as investors weighed debt problems in Spain against positive domestic economic data.The Dow Jones ... Read more...

Posted in Business |

US stocks fall


March 29th, 2012 - 7:06 am ICT by IANS
New York, March 29 (IANS) US stocks ended lower Wednesday as investors found little reason to push stocks a step higher amid a disappointing durable order report.The Dow Jones industrial ... Read more...

Posted in Business |

US stocks rally after Bernanke’s remarks


March 27th, 2012 - 3:35 am ICT by IANS
New York, March 27 (IANS) US stocks rallied Monday after the Federal Reserve Chairman Ben Bernanke said the central bank will bolster the economy despite signs of stronger recovery.During a ... Read more...

Posted in Business |

US stocks drop ahead of housing sales data


March 24th, 2012 - 12:55 am ICT by IANS
New York, March 23 (IANS) US stocks opened lower Friday ahead of the release of new home sales data.Fed Chairman Ben Bernanke was expected to make the opening remarks at ... Read more...

Posted in Business |

US stocks drop on global economic concerns (Lead)


March 23rd, 2012 - 12:00 am ICT by IANS
New York, March 22 (IANS) US stocks dropped Thursday as concerns over a global economic slowdown weighed on the market, overshadowing the fact that the jobs market was still steadily ... Read more...

Posted in Business |

US stocks open lower on economy concerns


March 22nd, 2012 - 10:34 pm ICT by IANS
New York, March 22 (IANS) US stocks opened lower Thursday as concerns over a global economic slowdown weighed on the market despite reports that new jobless claims dropped to a ... Read more...

Posted in Business |

US stocks open slightly higher


March 21st, 2012 - 11:38 pm ICT by IANS
New York, March 21 (IANS) US stocks opened slightly higher Wednesday as mixed reports showed that the American housing market is improving.The Mortgage Bankers Association said its seasonally adjusted index ... Read more...

Posted in Business |

Tata Steel, Wipro among world’s most ethical: Survey


March 18th, 2012 - 1:07 pm ICT by IANS
Mumbai, March 18 (IANS) Tata Steel and Wipro have been named among the world's most ethical companies by the American think tank, Ethisphere Institute, company officials said.These are the only ... Read more...

Posted in Business |

US stocks end higher on positive jobs report (Lead)


March 10th, 2012 - 7:47 am ICT by IANS
New York, March 10 (IANS) US stocks ended higher Friday as investors embraced a positive non-farm payroll report.The Dow Jones industrial average gained 14.08 points, or 0.11 percent, at 12,922.02. ... Read more...

Posted in Uncategorized |

US stocks rise


March 10th, 2012 - 5:21 am ICT by IANS
New York, March 10 (IANS) US stocks rose Friday as investors embraced positive non-farm payroll reports.The Labor Department reported Friday that the economy added 227,000 jobs in February, more than ... Read more...

Posted in Business |

US stocks open lower on Greece concern


March 6th, 2012 - 11:20 pm ICT by IANS
New York, March 6 (IANS) US stocks opened sharply lower Tuesday as renewed concerns about the Greek debt crisis weighed the market.The debt swap deal between Greek government and its ... Read more...

Posted in Business |

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