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An account already exists for the email address entered. To order presentation-ready copies for distribution to your colleagues, clients or customers, use the Order Reprints tool at the bottom of any article or visit www. LONDON (Dow Jones)–European stocks are expected to open modestly higher, supported by an almost flat close on Wall Street, even though traders remain cautious ahead of details of the capital requirements of the U. To view or change all of your email settings, visit the Email Setup Center . ACAP Enabled Copyright ©2009 Dow Jones & Company, Inc. read more
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HONG KONG, April 28 (Reuters) – Hong Kong shares fell 1. Analysts at Morgan Stanley said the energy sector took the biggest hit from the selling pressure, as the swine flu brought to mind the previous outbreak of SARS and the resulting collapse in Asian oil demand. They said the recent rally in oil had been fuelled by early signs of economic recovery, but the swine flu outbreak drew attention to the fragility of such recovery. Shanghai Electric Group dived almost 18 percent after China’s top power equipment maker reported a 17 percent decline in its first-quarter earnings. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters. The content on this site, including news, quotes, data and other information, is provided by Thomson Reuters and its third party content providers for your personal information only, and neither Thomson Reuters nor its third party content providers shall be liable for any errors, inaccuracies or delays in content, or for any actions taken in reliance thereon. read more
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To order presentation-ready copies for distribution to your colleagues, clients or customers, use the Order Reprints tool at the bottom of any article or visit www. LONDON (Dow Jones)–European stocks have demonstrated strength Friday, supported by late buying on Wall Street Thursday, with investors snapping up financial stocks ahead of the U. Federal bank regulators plan Friday to start sharing preliminary results of stress tests with the 19 banks that have been scrutinized since . Copyright 2008 Dow Jones & Company, Inc. To view or change all of your email settings, visit the Email Setup Center . ACAP Enabled Copyright ©2009 Dow Jones & Company, Inc. read more
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Stocks finish higher in vacillating session | courier-journal. About halfway through first-quarter earnings reports, Wall Street isn’t sure where the economy is headed. The Dow Jones industrial average closed yesterday up 0. Also posting gains were the Standard & Poor’s 500 index, up 8. You must fill out the comment body in order to submit a comment. Use of this site signifies your agreement to the Terms of Service and Privacy Policy , updated March 2009. read more
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NEW YORK (Reuters) – Wall Street shares rose on Thursday as surprising regional bank earnings gave investors hope the U. Oil, meanwhile, rose above $49 a barrel as a weak dollar outweighed concerns about falling global demand and rising inventories in the United States, the world’s top energy consumer. In the currency market, the euro touched a one-week high versus the dollar as global risk aversion eased after data showed the euro zone’s services and manufacturing sectors posted their best performance in six months in April. In the United States, several large regional banks also posted better-than-expected quarterly results, providing a glimmer of hope for a sector that has been battered by higher loan losses in a recessionary economy. read more
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Apple ( AAPL , Fortune 500 ) reported a 15% rise in profit after U. Online auction site eBay ( EBAY , Fortune 500 ) also posted results late Wednesday. Intraday data provided by Interactive Data Real-Time Services and subject to the Terms of Use . Historical, current end-of-day data, and splits data provided by Interactive Data Pricing and Reference Data . read more
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Companies on tap to post earnings Wednesday include banks Morgan Stanley ( MS , Fortune 500 ) and Wells Fargo ( WFC , Fortune 500 ). Dow components AT&T ( T , Fortune 500 ), Boeing ( BA , Fortune 500 ) and McDonald’s ( MCD , Fortune 500 ) are also slated to release results. Intraday data provided by Interactive Data Real-Time Services and subject to the Terms of Use . Historical, current end-of-day data, and splits data provided by Interactive Data Pricing and Reference Data . read more
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VIX up more than 15 percent on Monday as investors, worried over the health of the financial sector, clamored for protection to insure their stock portfolios. N ) fell more than 20 percent after Goldman Sachs said credit losses at the bank continued to grow at a rapid rate, putting a damper on earnings expectations. Investors are increasing their hedges following a steep drop in the XLF as well as notable declines in the housing and consumer discretionary sectors, said Scott Fullman, director of derivative Investment Strategy at New York-based broker-dealer WJB Capital Group. In VIX options, which are priced off VIX volatility futures, investors were keen to sell declining put premiums on the likelihood that fear has returned, Wilkinson said. Thomson Reuters is the world’s largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters. read more
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