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Finance news Stories

Stocks pause as traders await key economic news

NEW YORK (AP) — After dawdling between small gains and losses in a slow day of summer trading, the stock market ended little changed on Monday. Instead of worrying about the conflict between Russia and Ukraine or trouble in the … Continue reading

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GLOBAL MARKETS-Shares, dollar steady ahead of key U.S. data, Fed meeting

(Updates with U.S. market close) * Russia stocks tumble again after new sanctions * Investors hesitant to make bets ahead of U.S. GDP, payrolls data * Fed expected to maintain dovish tone on Wednesday By Angela Moon NEW YORK, July … Continue reading

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Shares, dollar steady ahead of key U.S. data, Fed meeting

By Angela Moon NEW YORK (Reuters) – World stock markets were little changed on Monday while the U.S. dollar traded mostly flat against a basket of major currencies ahead of key U.S. economic reports and events this week. Wall Street … Continue reading

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TSX flat as miners’ gains offset by losses in oil shares

By John Tilak TORONTO (Reuters) – Canada’s main stock index was little changed on Monday as a decline in shares of energy producers, as oil prices dropped, neutralized strength in mining shares. While signs of increasing supply and sluggish demand … Continue reading

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Last time this happened, stocks sold off hard

Is junk giving a bad signal for the market? Low grade, high-yield corporate bonds—affectionately called “junk bonds”—are on track for their worst month in nearly a year. Investors junked their junk bond funds to the tune of $4.8 billion last … Continue reading

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Microsoft targeted in apparent Chinese antitrust probe

BEIJING (Reuters) – Microsoft Corp appears to be the latest U.S. company targeted by China for antitrust investigation as government officials paid sudden visits to the software firm’s Chinese offices on Monday. Representatives from China’s State Administration for Industry Commerce, … Continue reading

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Consumer spending, inventories seen lifting U.S. second-quarter GDP

By Lucia Mutikani WASHINGTON (Reuters) – U.S. economic growth likely rebounded in the second-quarter from a winter-induced slump at the start of the year and will probably continue to gather momentum through the rest of 2014. Gross domestic product likely … Continue reading

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Wall Street yawns as deal news offsets data; Herbalife sinks

By Caroline Valetkevitch NEW YORK (Reuters) – Stocks ended nearly flat on Monday as the latest deal news offset losses following discouraging data on the housing market and some signs of weakness in the services sector. Dollar Tree Inc (DLTR.O) … Continue reading

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Boart Longyear’s earnings continue to fall

Mining services company Boart Longyear says the fall in demand for its products may be over, but warns analysts are over-estimating what the company will earn in 2014. The company’s earnings continued to fall in the first half of 2014, … Continue reading

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China shares lead Asia higher, dollar buoyed

By Shinichi Saoshiro TOKYO (Reuters) – Asian stocks shrugged off a drop in Wall Street and hit a three-year high on Monday, with China taking the lead after data showed a robust jump in profits earned by industrial firms in … Continue reading

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Finance News

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