Global Markets

Europe has Wall Street's bull on a short leash

Markets in the week ahead will again be pulled by every real or rumored development out of Europe, as investors await Fridayâs U.S. employment report.

Sat, 26 May 2012 11:11:06 +0530

Wall Street scores weekly gains, but sags for the day

US stocks ended their first positive week in four with a down day on Friday as investors were reluctant to buy going into a long weekend, with uncertainty still swirling around Europe.

Sat, 26 May 2012 09:00:02 +0530

Asia shares fall to 2012 lows as Europe worries weigh

Asian shares fell to their lowest levels of the year on Friday as early bargain hunting gave way to worries about Europe's raging debt crisis and weak global growth.

Fri, 25 May 2012 08:56:02 +0530

Asian markets lacklustre amid weak global data, EU woes

At 8:19 hours IST, Asian markets were lacklustre in trade on Friday. Chinese Shanghai Composite went down 1.66 points to 2,349.32 and Hong Kong's Hang Seng Index fell 67.42 points to 18,598.98

Fri, 25 May 2012 08:24:42 +0530

SP 500 ends up for 4th straight day; tech pressures Nasdaq

Stocks ended slightly higher in a third session marked by late-day swings, but the Nasdaq fell after NetApp gave a weak revenue forecast, casting doubt on the outlook for tech spending.

Fri, 25 May 2012 07:07:21 +0530

Wall St dips on data, Greece; tech weighs

MARKETS-USA-STOCKS:Wall St dips on data, Greece; tech weighs

Thu, 24 May 2012 22:16:07 +0530

Global stocks edge up despite weakening growth

Global stocks edged up and the dollar stalled near a 20-month high on Thursday even as data suggested Europe's debt woes are spreading and worsening an economic slowdown worldwide.

Thu, 24 May 2012 20:46:08 +0530

Wall Street shrugs off data to edge up at open

MARKETS-USA-STOCKS-OPEN:Wall Street shrugs off data to edge up at open

Thu, 24 May 2012 19:12:02 +0530

UK recession deepens as euro zone woes mount

Britain fell deeper into recession than first thought in the first quarter of this year after a sharp drop in construction output, raising the likelihood the Bank of England will need to inject more stimulus to protect the economy from the raging euro zone debt crisis

Thu, 24 May 2012 14:42:02 +0530

Nikkei scrambles back above 8,500 on late rally

Japan's Nikkei average bounced to a modest gain on Thursday after a last-minute rally, likely triggered by a bout of short-covering in low volume by short-term investors as long-term market players stood still amid euro zone uncertainty

Thu, 24 May 2012 13:26:02 +0530

European shares recover, Greece still weighs

The euro hovered above a 22-month low and European shares saw a fragile recovery, as investors braced for data that could reveal the damage wrought on the region's economy by prospects of a Greek exit and a lack of progress in tackling the debt crisis.

Thu, 24 May 2012 13:12:02 +0530

Asian markets mixed; Hang Seng down 0.5%

At 8:25 hours IST: Asian markets were mixed in trade on Thursday. Chinese Shanghai Composite went up 3.15 points to 2,366.58 and Singapore's Straits Times Index went up 5.15 points to 2,785.57.

Thu, 24 May 2012 08:26:19 +0530

US stocks recover to end flat, euro falls

Wall Street stocks staged a late recovery and the euro flirted with a near two-year low on Wednesday as investors remained on edge about Greece's possible exit from the euro zone, which threatened to deepen the region's debt crisis and hurt an already fragile global recovery.