Global Markets
Wall St rallies as jobs data spurs optimism |
| 09/04/2010 04:56 AM |
| Wall Street closed a stellar week on Friday after recent economic data, including a strongerthanexpected labor market report, bolstered optimism that the economy would not fall back into recession. |
Wall St ends with moderate gains ahead of jobs reports |
| 09/03/2010 03:40 AM |
| In the US, another broadbased buying effort sent stocks through key resistance levels. For today the US August jobs reports is the key macro data that the market would be watching out for. The nonfarm payrolls is expected to drop 80,000 in August as compared to a 1.31 lakh decline in July. |
Wall St jumps on data in best day in 8 weeks |
| 09/02/2010 04:11 AM |
| Wall Street posted its best day in eight weeks on Wednesday as investor mood brightened after betterthanexpected factory data from the United States and China. |
US auto sales post weakest August since 1983 |
| 09/02/2010 04:11 AM |
| Automakers posted their weakest US August sales in 27 years, underscoring uncertainty about the strength of the recovery in the world\'s largest economy. |
Wall Street surges; Nasdaq, SP 500 gain 3% |
| 09/02/2010 03:44 AM |
| US stocks surge, the SP 500 bounces back above 1050 levels, near its 50day moving average. Strong US and Chinese manufacturing data triggered the gains. |
US consumer confidence and home prices edge up |
| 09/01/2010 04:18 AM |
| US consumer confidence edged up in August while prices for US homes gained more than expected in June, providing a little relief for those concerned about a slowdown in the economic recovery. |
Wall St ends dismal month on flat note, semis slide |
| 09/01/2010 04:14 AM |
| U.S. stocks ended little changed in choppy trading on Tuesday, closing out an August the bulls would like to forget. |
US markets ends flat |
| 09/01/2010 03:40 AM |
| In the US, it was a lackluster session and the markets ended flat. Technical support at the 1040 line helped the SP 500 bounce back from an opening slide. The Dow too eked out slim gains. |
US July consumer spending gain strongest in 4 mths |
| 08/31/2010 04:16 AM |
| US consumer spending rose at the strongest pace in four months in July, supported by a small gain in incomes that offered hope consumers will be able to keep contributing to a modest economic recovery. |
Wall Street slips 1.5% on fears about economic recovery |
| 08/31/2010 03:38 AM |
| In the US, stocks fell sharply on account of fears about the economic recovery. Investors remained cautious ahead of key economic reports expected this week. The key indices fell about 1.5% each while the CBOE volatility index jumped more than 11%. |
Wall St edges lower on investor wariness |
| 08/30/2010 05:15 PM |
| US stocks dipped on Monday as gains in consumer spending and income and a flurry of mergersandacquisition activity failed to prompt investor confidence in the flagging economic recovery. |
US mkts end 1.65% up on technical support, short covering |
| 08/28/2010 04:39 AM |
| The Dow Jones industrial average gained 164.84 points, or 1.65%, to 10,150.65. The Standard Poor\'s 500 Index jumped 17.37 points, or 1.66%, to 1,064.59. |
Wall St slumps on economy woes; Dow below 10,0000 |
| 08/27/2010 04:09 AM |
| US stocks sagged on Thursday and the Dow closed below 10,000 a day ahead of an expected downward revision in US secondquarter economic growth and a major speech by Federal Reserve Chairman Ben Bernanke. |
US jobless claims fall, but still elevated |
| 08/27/2010 04:01 AM |
| New US claims for unemployment benefits fell more than expected last week but a measure of underlying labor market trends rose to a ninemonth high, pointing to a subdued jobs recovery. |
US mkts end lower; Dow Jones slips below 10K |
| 08/27/2010 04:00 AM |
| The Dow Jones Industrial Average ended at 9,985.81, down 74.25 points or 0.74%. |