GLOBAL MARKETS

EU Summit Proposals Lift Asian Stock Markets

Asian Markets
Asian stock markets rallied Friday as sentiment was buoyed after leaders at the European Union summit in Brussels agreed on important plans to tackle the region's debt crisis.

US Stock Futures Surge After EU Summit Announcements

Traders work on the floor of the New York Stock Exchange
U.S. stock index futures pointed to a higher open Friday as euro zone leaders at a Brussels summit agreed upon emergency measures to lower Italy's and Spain's borrowing costs and create a single regulatory oversight body for euro zone banks.
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Asian Stocks

Asian Stock Mostly Higher; Summit Doubts Cap Gains

Asian stock markets mostly advanced Thursday as better-than-expected economic data from the US buoyed sentiment, but gains were capped as investors are being cautious ahead of the EU summit later in the day.
A trader is pictured at his desk in front of the DAX board at the Frankfurt stock exchange

European Markets Rise On Positive U.S. Data

European markets rose Thursday following encouraging data from the U.S., but investors remain watchful ahead of the European Union summit in Brussels on Thursday and Friday, where leaders will discuss tackling the EU debt crisis with concrete measures
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Crude Oil Futures Hover Above $79 Ahead Of EU Summit

Crude oil futures slightly declined and hovered above $79 a barrel during Asian trading hours Wednesday as doubts over the ability of European leaders to address the debt crisis at a summit this week offset concerns over tightened North Sea supplies due to a strike in Norway.
Crude Oil Futures on Track for Weekly Gain on U.S. Economic Recovery

Crude Oil Futures Fall On Economic Woes

Crude oil futures declined during Asian trading hours Tuesday as sentiment was dampened on concerns that faltering global growth could lead to lower oil demand.
Asian Shares

Asian Stock Markets Fall On Growth Fears

Asian stock markets mostly declined Monday as fears of a further global slowdown and economic headwinds from the euro zone continued to weigh on the sentiment.

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