World stocks scaled a four-month peak on Thursday, powered by solid gains in Asia, as investors took heart from signs of improvement in the U.S. economy suggesting regional exporters may need to start cranking up production.
Visa Inc posted better-than-expected quarterly earnings on Wednesday as the world's largest credit card network increased prices, slashed expenses and consumers used debit cards more.
Starbucks Corp on Wednesday posted a quarterly profit excluding items that fell less than analysts expected, as cost savings helped offset an 8 percent drop in sales.
Starbucks Corp on Wednesday posted slightly better-than-expected quarterly profit as cost savings helped offset an 8 percent drop in same-store sales.
U.S. stocks climbed on Wednesday after grim growth data offered hints of future expansion, a prospect reinforced by the Federal Reserve's hopeful comments.
U.S. stocks climbed on Wednesday after grim growth data offered hints of future expansion, a prospect reinforced by the Federal Reserve's hopeful comments.
Oil prices climbed toward $51 per barrel on Wednesday as optimism that the U.S. recession was easing boosted markets and raised expectations of a rebound in energy demand from the world's largest consumer.
Stocks extended gains on Wednesday after the Federal Reserve kept interest rates unchanged at historic lows and said the pace of economic contraction appears somewhat slower.
Oil prices climbed toward $51 per barrel on Wednesday, supported by rising stock markets and a bigger-than-expected decline in U.S. gasoline inventories.
U.S. stocks rose on Wednesday as government data showed a rise in consumer spending and suggested that companies may start to rebuild inventories, even as the economy contracted more than expected in the first quarter.
Oil prices climbed toward $51 per barrel on Wednesday, supported by rising stock markets and a bigger-than-expected decline in U.S. gasoline inventories.
Stocks extended gains on Wednesday on better-than-expected earnings and government data that suggested companies may start to rebuild inventories, even as the economy shrank more than expected in the first quarter.
Wall Street was poised for a higher open on Wednesday, even as data showed the U.S. economy shrank at a steeper pace than expected.
Stock futures were set to open about 1 percent higher on Wednesday as investors were hopeful a reading on gross domestic product would fuel more optimism that the recession is subsiding.
Stock futures pointed to a higher start for Wall Street on Wednesday, ahead of GDP data. At 4:02 a.m. EDT, futures for the Dow Jones, S&P 500 and Nasdaq were up between 0.6 and 0.7 percent. * The FTSEurofirst 300 index of top European shares was up 0.5 percent at 805.38 points, with Banco Santander and Siemens among shares to rise after company re...
Stock index futures pointed to a higher start for Wall Street on Wednesday, ahead of GDP data.
World stocks rose on Wednesday and government bonds and the low-yielding yen fell as forecast-beating earnings from European companies spurred share buying ahead of key U.S. growth data.
Asia stocks and the Australian dollar bounced back on Wednesday from a two-day slide, with investors taking heart from data showing the U.S. economy slowly healing while keeping an eye on the spread of swine flu around the world.
Asian stocks dropped for a second day on Tuesday and Japanese shares hit a one-month low, with investors fretting about the potential economic fallout if the swine virus outbreak becomes a full-fledged pandemic and the results of U.S. bank stress tests.
U.S. stocks fell on Tuesday as fresh worries that major banks may need to raise more money offset more reassuring economic data that suggested the worst may be over and a big dividend boost from IBM.
Stocks rose on Tuesday as IBM's dividend boost and reassuring data that could point to a bottom in the slow economic cycle offset worries that major banks may need to raise more money.
U.S. stocks rose modestly on Tuesday as a dividend hike at IBM and reassuring data that could signal a bottom in the economic cycle offset concerns that major banks may need to raise more money.
Stocks recovered from opening losses to post modest gains on Tuesday as housing and consumer confidence data fueling hopes a recession was easing offset concerns that major banks may need to raise more money.
Wall Street was set for a drop of about 1 percent at the open on Tuesday as a report that Bank of America Corp and Citigroup Inc may need more capital revived fears about the stability of the struggling financial sector.
Stock futures pointed to a lower open on Tuesday as a report that Bank of America Corp and Citigroup Inc may need more capital revived fears about the stability of the struggling financial sector.
Futures for the Dow Jones industrial average, the Nasdaq 100 and the S&P 500 share indexes are down 1.3-1.7 percent, pointing to a sharply lower start on Wall Street.
Futures for the Dow Jones industrial average, the Nasdaq 100 and the S&P 500 share indexes are down 1.3-1.7 percent, pointing to a sharply lower start on Wall Street.
World stocks and oil fell for a second day on Tuesday and investors took refuge in the yen as a report that major U.S. banks may need more capital hit markets already dropping on fears of a swine flu pandemic.
Asian stocks slipped for a second day on Tuesday on worries about the potential economic fallout from the swine virus outbreak, even as investor reaction remained limited due to uncertainty about the full impact.
