Markets Upsetting an otherwise tranquil October, China’s stock market erased morning gains and suddenly fell in late trading, bringing back recent memories of afternoon sell-offs in the broader market. The Shanghai Composite ended the session down 3.5%, its biggest fall … Continue reading
Markets Earnings reports will likely be a big driver for stocks today, after IBM’s (NYSE:IBM) disappointing results reinforced concerns that the corporate profit outlook is getting murkier. “We’re getting deeper into earnings season and not watching any one company, but … Continue reading
Markets China’s economy grew 6.9% in the third quarter from a year ago, beating forecasts for 6.8% growth, but decelerating to its slowest pace since the global financial crisis. The results add to doubts the country can meet its year-end … Continue reading
Markets World shares are heading higher, extending a rally that’s added $4.1T to global equities this month, following a slew of weak economic reports that have dashed expectations for a Fed rate hike in 2015. European stocks are up, and … Continue reading
Markets U.S. stock index futures are indicating a higher open, with traders looking to the release of consumer inflation data and a flurry of corporate Q3 results. Although earnings season started off with some weak commentaries, most companies are so … Continue reading
Markets World shares extended losses today after consumer inflation in China eased more than expected, adding to the list of concerns surrounding the world’s second-largest economy. The country’s consumer price index climbed 1.6% in September from a year earlier, against … Continue reading
Markets After erasing last week’s big gains through yesterday’s 5.3% drop, oil prices now have even less to look forward to: the Iran nuclear deal. Tehran’s parliament passed a bill this morning supporting the nuclear accord reached with six world … Continue reading
Markets Gold climbed to a seven-week high today bolstered by a weaker dollar and continuing expectations the Fed won’t hike interest rates in 2015. “Markets are continuing to price in doubt about a Fed rate hike in December despite Vice … Continue reading
Markets World shares are green across the board, although U.S. futures are holding their breath, after details from the Fed’s minutes cast further doubt on the prospect of a rate rise this year. European stocks just broke a one-month high … Continue reading
Markets Earnings season is about to get underway, starting with Alcoa’s (NYSE:AA) results after the market close which kick off corporate reports for the third quarter. Wall Street is on edge and traders are carefully watching market action to see … Continue reading