Stocks rose in a zigzag session on Wednesday as gains in major tech shares helped offset worries whether euro zone leaders can make progress in easing the region's debt crisis.
BlackRock Inc Chief Executive Laurence Fink said beaten-down European equities and stocks that pay dividends are still a good bet during current tumultuous markets.
Gold extended its losses Wednesday after Italian lawmakers approved a major austerity program, the latest in a string of signs that Europe's debt crises may be finally getting the attention they deserve.
Gold fell by nearly 1 percent on Tuesday after European leaders appeared to take a fresh step toward quelling the euro zone debt crisis, which dented other safe-haven assets, in spite of more data highlighting the fragility of the U.S. economy.
A star is bombarding a huge nearby planet with X-rays 100,000 times stronger than what Earth receives from the Sun, a new study found.
Treasury Secretary Timothy Geithner on Wednesday tried to shore up confidence in Europe's ability to solve its escalating debt crisis, saying they had the financial and economic capacity to do so.
U.S. stocks were set for a higher open on Wednesday after the head of the European Commission said it will present options for joint euro zone bonds, a tool that investors view as a step forward to addressing the region's debt crisis.
iPhone 5 Release Date: Orange CEO Spills Out Date as Mid-October
Gold prices fell Wednesday as stock markets in Europe posted gains from European Commission plans to push euro zone bonds and China's premier expressed support for struggling European countries.
Stock index futures rose on Wednesday after the head of the European Commission said it will present options for joint euro zone bonds, a tool that might help resolve the region's debt crisis.
Gold eased on Tuesday, taking its cue from the decline on the stock market after a downgrade of the debt of two major French banks because of their holdings of Greek debt.
Spot gold reversed early gains and lost half a percent on Wednesday following sagging equities, after rating agency Moody's downgraded two of France's top banks and fueled fears of a full-blown banking crisis in the euro zone.
Stock index futures rose on Wednesday, recovering from earlier losses, after the head of the European Commission said it will present options for joint euro zone bonds, a tool that might help resolve the region's debt crisis.
European astronomers have announced that they have discovered a second planet outside the solar system that could potentially support terrestrial life.
The European Commission will soon present options on how the euro zone might issue bonds jointly, its President Jose Manuel Barroso said on Wednesday, but warned there was no simple solution to a debt crisis that threatens Europe's economic and political future.
European shares rose and the euro pared losses on Wednesday after the head of the European Commission said it would soon present options for the introduction of euro area bonds, offering a glimmer of hope for an easing of the sovereign debt crisis.
A new study suggests that a planet is attacking a nearby planet which is 880 light-years from Earth with a storm of X-rays that is hundred thousand times more powerful than what Earth receives from the Sun.
The European Commission will present options soon for the introduction of euro area bonds, Commission President Jose Manuel Barroso said on Wednesday, but warned it would not put an end to a debt crisis that threatens the economic and political future of Europe.
European shares turned positive and the euro pared losses on Wednesday after the head of the European Commission said it would soon present options for the introduction of euro area bonds.
U.S. solar company SunPower Corp (SPWRA.O) is actively looking at acquisitions that would complement its residential and commercial project businesses, Chief Executive Tom Werner said on Tuesday.
A recent extrasolar planet haul has identified one earth-like planet that exists only 36 light-years away from the Earth. The announcement about the discovery of this planet was made by European astronauts on Monday.
Moody's Investors Service cut the credit ratings of France's Credit Agricole SA and Societe Generale on Wednesday, citing their exposure to Greece's debt, a fresh blow to euro area leaders struggling to restore confidence in the region.
