Author Archives: Editor - Stock Markets News

Wall St adds gains on Greek deal (Reuters)

NEW YORK (Reuters) – U.S. stocks hit session highs in late-morning trading on Thursday after sources said euro zone central banks agreed on a Greek bond swap as part of a deal to help the debt-laden nation. The Dow Jones … Continue reading

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Stocks move higher as unemployment claims drop (AP)

NEW YORK – Stocks rose on Thursday on signs of strength in the U.S. job market, but continuing uncertainty about Greece’s debt problems kept the gains in check. The Dow Jones industrial average was up 111 points to 12,892 shortly … Continue reading

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Markets jittery on mounting Greek uncertainty (AP)

LONDON – Markets were in a jittery mood Thursday as uncertainty escalated over whether Greece will get vital bailout cash to avoid defaulting next month. Stocks took a hit, the euro dropped below $1.30 and the borrowing rates rose for … Continue reading

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Stock futures down on Moody’s warnings, Greece (Reuters)

NEW YORK (Reuters) – Stock index futures fell on Thursday as a Moody’s warning of a possible downgrade of global banks and a further holdup in a bailout for debt-laden Greece kept investors nervous. * Moody’s said it might cut … Continue reading

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World stock markets decline amid Greece fears (AP)

BEIJING – World stocks fell Thursday amid growing fears the latest deal to resolve Greece’s debt crisis is faltering. Oil hovered below $102 a barrel in Asia amid conflicting reports about whether Iran is cutting crude exports to Europe. Tokyo’s … Continue reading

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Former executives, bankers arrested over Olympus fraud (Reuters)

TOKYO (Reuters) – Three former executives of disgraced medical equipment and camera maker Olympus Corp were arrested on Thursday over their role in a $1.7 billion accounting fraud, one of Japan’s biggest corporate scandals. The three had been identified by … Continue reading

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Asian stock markets decline amid Greece fears (AP)

BEIJING – Asian stock markets were mostly lower Thursday, following Europe and Wall Street down amid growing fears the latest deal to resolve Greece’s debts is faltering. Tokyo’s benchmark Nikkei 225 index shed 0.2 percent to 9,238.63 and Hong Kong’s … Continue reading

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Dow falls 97 points, worst showing this year (AP)

NEW YORK – Stocks slumped Wednesday in one of their worst showings this year as Greece, slogging through negotiations with other countries over a bailout, once again cast a long shadow over the financial markets. The Dow Jones industrial average … Continue reading

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Summary Box: Stocks fall, gas prices high (AP)

GAS GUZZLES: The price of oil climbed to its highest level in five weeks after Iran said it would cut off some exports of crude to Europe. The average retail price for a gallon of gas is $3.52, according to … Continue reading

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Apple falls, drags Wall Street lower (Reuters)

NEW YORK (Reuters) – Stocks fell on Wednesday for the third session in four, with market direction largely dictated by the swings in shares of Apple, the largest company in the world. The SP 500 appeared set for a strong … Continue reading

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