Wall Street hurt by consumer sentiment, quarterly results

Wall Street was lower in afternoon trade on Tuesday ahead of Wednesday’s decision on interest rates by the Federal Reserve and after the Conference Board reported that consumer confidence was down in October, to its lowest level in two years. More disappointing corporate results did not help matters. The Dow Jones Industrial Average was 0.2 [...]
Hang Seng closes above 30,000 level

Asia-Pacific stocks were higher Friday. In Hong Kong, the Hang Seng index added 1.84 percent to 30,405.22, closing over 30,000 for the first time and setting a new closing record after rising to 30,562.63 during the session for an all-time intra-day high. Meanwhile in South Korea the Kopsi index gained 2.6 percent to 3,038.06 for [...]
Telecoms see gains in Europe

Europe’s markets saw gains on Thursday. The FTSE Eurofirst 300 was up 1 percent to 1,565.18. Madrid’s IBEX added 1.02 percent to 15,386, while the Dax gained 1.32 percent to 7,932.44 and the Paris CAC-40 jumped 1.51 percent to 5,760.3. Telecommunications utilities did well on the day after France Telecom (Euronext: FTE; NYSE: FTE) reported [...]
Wall Street sees midday gains

Wall Street was up in early afternoon trade after declines earlier in the day. The Dow Jones Industrial Average added 0.17 percent to 13,545.43, while the Nasdaq Composite gained 0.81 percent to 2,747.17. And the S&P 500 was 0.23 percent higher to 1,504.04. In the pharmaceuticals sector, Merck (NYSE: MRK) added $1.21 to $54.32 after [...]
Asia-Pacific equities end week with losses

Asian and Pacific region equities were lower Friday. The Shanghai Composite was 0.12 percent lower to 5,818.05, while in Taiwan the Taiex was down 0.26 percent to 9,611.72. Australian markets declined on losses in the banking and mining sectors. The Sydney Ordinaries fell 0.85 percent to 6,723.3 and the S&P/ASX200 dropped 0.91 percent to 6,706.3. [...]
European car, truck makers gain on bids rumors

European markets were mixed Thursday, with more losers than gainers. The gainer was Madrid’s IBEX, which added 0.5 percent to 15,507.1. Elsewhere, the pan-European FTSE Eurofirst 300 was down 0.78 percent to 1,572.92. In Frankfurt, the Dax dropped 0.8 percent to 7,921.4. The Paris CAC-40 fell 0.89 percent to 5,767.24. Truck maker Man (FWB: EDF1) [...]
European markets mixed to end week

Europe’s equities markets were mixed Friday. The Dax added 0.09 percent to 8,041.26 in Frankfurt, while Madrid’s IBEX jumped 1.07 percent to 15,261.3. On the other hand, the FTSE Eurofirst 300 was 0.08 percent lower to 1,598.14 while the Paris CAC-40 dropped 0.32 percent to 5,843.95. EADS (Euronext: EAD; FWB: EAD) did the best on [...]
Wall Street mixed as quarterly reports begin

Wall Street was mixed in midday trade after bad news from Boeing, a forecast on home sales for the year that was revised downward, and warnings from more than one company. The Dow Jones Industrial Average was 0.74 percent lower to 14,060.32 as it lost nearly all of the 120 points it gained on Tuesday, [...]
Philippines Stock Exchange in new record high

Asia-Pacific region equities markets were mixed on Monday. In Australia, the S&P/ASX200 was 0.74 percent higher to 6,654.3 while the Sydney Ordinaries added 0.75 percent to 6,667.2. South Korea’s Kospi index was up 0.84 percent to 2,012.82. The Taiex index gained 1.04 percent to 8,717.17 in Taiwan, while the Shanghai Composite jumped 2.53 percent to [...]
Miners lead gains in London

Miners led the way in London as the FTSE 100 added 0.73 percent to 6,595.8 and the FTSE 250 gained 0.18 percent to 11,390.4. Anglo American (LSE: AAL) was up 2.92 percent to £33.43 and Antofagasta (LSE: ANTO) was 3.25 percent higher to 826p, while Kazakhmys (LSE: KAZ) turned in the best performance on the [...]