Stock Markets

Stock Markets News

Reuters - Retreating commodities helped knock 260 points off the Toronto Stock Exchange's main index on Tuesday, as it was dragged lower by sinking resource shares.

AP - Wall Street finished with a mixed performance Tuesday, as investors traded cautiously ahead of the Federal Reserve's Wednesday decision on interest rates.

Stock Markets News

AP - Wall Street pulled back Tuesday after a disappointing reading on consumer sentiment suggested that inflation is taking a toll on the U.S. economy.

Reuters - Stocks declined on Tuesday after news of a sharp drop in consumer confidence and regulators rejected a key new drug from Merck & Co Inc , a Dow component and a pharmaceuticals bellwether.

Reuters - Toronto's main stock market index remained weak on Tuesday amid falling gold and energy prices and as investors paused to assess the market's recent bull run.

AFP - Wall Street stocks drifted in a tight range in opening trade Tuesday with investors hesitant ahead of the first estimate of US economic output in the first quarter and a Federal Reserve policy decision.

AFP - European equity markets enjoyed mixed fortunes on Tuesday, the eve of a US interest rate decision, as London was fired up by results from energy giants BP and Royal Dutch Shell.

AFP - German insurer Allianz said Tuesday that its first quarter net profit will slump to a third of what it was in the year-earlier period due the ongoing financial crisis and weak stock markets.

Reuters - Increasing confidence that the worst of the credit crisis is over boosted world stocks on Monday while inflation concerns grew with oil prices heading towards $120 a barrel.

Reuters - Japan's Nikkei stock average rose 0.2 percent to hit a two-month closing high on Monday, led higher by financial players such as top lender Mitsubishi UFJ Financial Group, which jumped 10 percent on improving investor confidence in the sector.

AP - What a difference six weeks makes. Right before the last Federal Reserve meeting, investors were worried about the global banking system imploding. Now, investors are betting the credit markets are on the mend and Wall Street is looking forward to an economic recovery.

AFP - Economic worries are growing but the stock market is holding firm.

Time.com - After dramatic plunges that followed a manic rise, the authorities have cut a transaction-tax to lure investors back into equities More Info...  

AFP - China will join up with the US Chicago Climate Exchange to establish a carbon emission market in the city of Tianjin near Beijing, state media reported Friday.

AP - Japanese stocks jumped Friday, led by gains in auto and financial shares as concerns over the global credit crunch eased. More Info...  

Reuters - U.S. securities regulators said on Thursday they settled with a Wall Street trader accused of intentionally spreading false rumors about the planned acquisition of Alliance Data Systems Corp while selling the stock short.

AFP - The leading share index was dragged into negative territory as banking, housebuilders and mining shares were under heavy selling pressure, dealers said Thursday.

AP - China's most-watched stock index surged 9.3 percent Thursday — its biggest percentage gain ever — after the government cut a tax on stock transactions in a move widely seen as an effort to boost slumping markets.

AFP - China has decided to cut the stamp duty on stock market transactions to 0.1 percent from 0.3 percent with effect from Thursday, state media said, following deep plunges in share prices.

Reuters - Regulatory officials turned down a congressional request to reveal why they aborted an inquiry into whether Bear Stearns Cos improperly valued complex debt securities, hurting investors in the process, the Wall Street Journal reported on Wednesday.