ECONOMY & MARKETS

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European Stocks Rise On ECB Stimulus Expectation

Most of the European markets rose Wednesday amid optimism among investors that the European Central Bank would announce bold stimulus measures to rejuvenate the economy and regain growth momentum.
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Top After-Market Nasdaq Movers (Silicon Image, Global-Tech, Depomed, Merge, Papa JohnS, Career Education, McGrath RentCorp, Digital River, True Religion)

The top after-market Nasdaq gainers Tuesday were Silicon Image Inc, Global-Tech Advanced Innovations Inc, Depomed Inc, Merge Healthcare Inc and Papa John's International Inc.The top after-market Nasdaq losers were Career Education Corporation, McGrath RentCorp, Digital River Inc, True Religion Apparel and Horizon Technology Finance Corporation.
A man looks at an electronic board displaying a fall in major market indices around the world outside a brokerage in Tokyo

Asian Stocks Fall On Weak China Data

Most of the Asian markets fell Wednesday amid increasing concerns over the slowdown in economic growth in China as the country's manufacturing activity grew at a slower pace in July compared to that in the previous month.
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Shocking Fraud In For-Profit Colleges: Senate Probe

For-profit colleges, which are squandering their resources at the expense of students' outcomes, are bilking the government and the public, a two-year investigation led by Sen. Tom Harkin (D-Iowa), chairman of the U.S. Senate Committee on Health, Education, Labor and Pensions, concluded.
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Americans Earned More, Spent Less In June

Despite rising income at the end of the second quarter, U.S. consumer spending fell in June by 0.1 percent from the month before, the Commerce Department said on Tuesday.
Traders work on the floor of the New York Stock Exchange.

Fed Stimulus Hopes Lift US Stock Futures

U.S. stock index futures point to a higher opening Tuesday as investors were optimistic that the Federal Reserve will announce monetary easing measures to rejuvenate the economy and regain the growth momentum.
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Asian Stock Markets Gain On Stimulus Bets

Asian stock markets advanced Tuesday, helped by expectations that the major central banks will announce further stimulus measures when they hold policy meetings later this week.
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Asian Stocks Rise On ECB, Fed Stimulus Hopes

Asian stock markets advanced Monday on renewed hopes that policy makers in U.S. and Europe will announce further stimulus measures to spur economic growth when they hold policy meetings later this week.

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