Traders work on the floor of the New York Stock Exchange on May 1, 2012.

US Stock Futures Point To Mixed Open Tuesday

U.S. stock index futures signal a mixed opening Tuesday as optimism following the Greek election results fades and Spain's increasing borrowing costs raise investor concerns.
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Brief Rally Turns Bearish

Commodities Take Bearish Turn After Early-Monday Rally Fizzles

Commodity prices posted a brief rally on Monday after a pro-austerity party got the most votes in Greece's weekend elections, but the market's upswing fizzled almost as soon as it began, confounding traders who might have expected developments to lift risky assets for at least a few of sessions.
Traders work on the floor of the New York Stock Exchange

US Stock Futures Point To Mixed Open Monday

Futures on the major U.S. indices point to a mixed opening Monday as concerns about the euro zone debt crisis undermined the initial optimism following the Greek elections in which pro-bailout parties won the majority.
Field Marshal Mohamed Hussein Tantawi, head of Egypt's ruling military council, meets with visiting Chinese Foreign Minister Yang in Cairo

Egyptian Power Will Pass To Civilians From Military July 1: SCAF

As ballots cast in Egypt's presidential election continue to be counted on Sunday, Field Marshal Mohamed Hussein Tantawi, the head of the country's Supreme Council of the Armed Forces, or SCAF, has renewed the military's commitment to hand over power to a civilian authority on July 1.
Samaras Victory

Bailout-Friendly Coalition Expected To Govern Greece

Leaders of the center-right New Democracy party and the left Syriza party -- Antonis Samaras and Alexis Tsipras, respectively -- agree on one thing: The former party won, and the latter party lost Greece's snap parliamentary elections on Sunday.
French President Francois Hollande gestures during a news conference with Italian Prime Minister Mario Monti at the Chigi palace in Rome

France Wants EU Growth Package Worth ?120B This Year

With French President Francois Hollande's Socialist Party appearing likely to cement its hold on the country's government in elections on Sunday, the Journal du Dimanche has reported that France wants the European Union to agree on growth-boosting measures worth ?120 billion ($151 billion) this year.


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