European shares hit a three-month low in early trade and Asian stocks too dropped on Friday, while U.S. futures headed lower, after a powerful 8.9-magnitude earthquake has struck off Japan's northeastern coast, triggering a tsunami as high as 10 metres.
IBT Staff Reporter
Mar 11, 2011
U.S. stocks plunged on Thursday as weaker-than-expected economic reports from both domestic and overseas coupled with fears over the impact on oil price by pervasive unrest in the Middle East and North Africa weighed on the sentiment.
Satya Nagendra Padala
Mar 11, 2011
Chinese stocks traded on US exchanges are undervalued and mispriced, said Benjamin Wey, president at New York Global Group.
Hao Li
Mar 10, 2011
U.S. stocks declined in early trade on Thursday after official data showed that applications for jobless benefits in the U.S. rose more than expected last week, after falling to the lowest level since May 2008 in the previous week.
Satya Nagendra Padala
Mar 10, 2011
The applications for jobless benefits in the U.S. rose more than expected last week, after falling to the lowest level since May 2008 in the previous week.
Shankar besta
Mar 10, 2011
Goods and services trade deficit in the U.S. edged up to $46.3 billion in January from the revised figure of $40.3 billion in December.
Jijo Jacob
Mar 10, 2011
U.S. stocks ended modestly lower in choppy trading as unfolding events in Libya and their impact on oil prices seem to be the overriding factors to most investors.
Satya Nagendra Padala
Mar 10, 2011
U.S. stocks wavered between small gains and losses on Wednesday as oil prices remained near $105 a barrel amid reports of intensified fighting in Libya.
Satya Nagendra Padala
Mar 09, 2011
US stocks opened lower in early trade on Wednesday, with S&P 500 Index losing 4.68 points, or 0.35 percent, to trade at 1,317.14 at 09:50 a.m. EST. The Dow Jones Industrial Average is down 24.71 points, or 0.20 percent, to trade at 12,189.67. The Nasdaq Composite Index fell 0.61 percent to trade at 2,750.45.
IBT Staff Reporter
Mar 09, 2011
U.S. stocks ended higher on Tuesday, as oil prices eased to below $105 a barrel and financials rallied on upbeat profit forecast from the Bank of America.
Satya Nagendra Padala
Mar 09, 2011
Even as calls for the intervention of the U.S. and the western forces in the Libyan crisis gained momentum, besieged Libyan leader Muammar Gaddafi has said there is a foreign plot to colonize his country.
Jijo Jacob
Mar 09, 2011
U.S. stocks ended higher on Tuesday, as oil prices eased to below $105 a barrel and financials rallied on upbeat profit forecast from Bank of America.
Satya Nagendra Padala
Mar 09, 2011
U.S. stocks rallied on the back of strength in financial shares after a drop in oil prices on reports that Libyan leader Moammar Gaddafi may be negotiating an exit from the country.
Satya Nagendra Padala
Mar 08, 2011
U.S. stocks advanced on Tuesday as oil prices eased to below $105 a barrel and financials rallied after Bank of America announced plans to increase dividends in the second half of the year.
Satya Nagendra Padala
Mar 08, 2011
U.S. stocks advanced on Tuesday as oil prices eased to below $105 a barrel and financials rallied after Bank of America announced plans to increase dividends in the second half of the year.
Satya Nagendra Padala
Mar 08, 2011
The spreading unrest in the Middle East's oil exporting countries could push crude prices higher, resulting in a huge blow to the U.S. economy which is otherwise looking good, according to an analyst.
Jijo Jacob
Mar 08, 2011
With gasoline & diesel prices at two-year highs, most of U.S. business fleets are forced to take an immediate hit to their profits, according to a new survey.
IBT Staff Reporter
Mar 08, 2011
The recent increases in oil and food prices have raised questions about the sustainability of the U.S. recovery, while threatening to absorb as much as two-thirds of the $110-billion payroll tax cut, an analyst has said.
Jijo Jacob
Mar 08, 2011
Eight new airports across the country will offer flights to Cuba, following President Barack Obama's decision to ease travel restrictions to Cuba early this year.
Sanskrity Sinha
Mar 08, 2011
U.S. stocks ended lower on Monday, led by declines from technology shares after Wells Fargo downgraded the semiconductors sector.
Satya Nagendra Padala
Mar 08, 2011
The slideshow contains the Top 14 most workaholic countries, according to survey by Ipsos Global and Reuters. Japan, Australia, South Africa top the list.
IBT Staff Reporter
Mar 08, 2011
President Barack Obama said the U.S. and its NATO allies are weighing wide range of potential options (including military intervention) to pressure Libyan leader Moammar Gaddafi from committing any further acts of unacceptable against the opposition rebels.
Palash Ghosh
Mar 07, 2011