Obsolete Certainty

Following a world full of uncertainty.

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Category: Finance

Global stocks flat as rally runs out of steam

29 July, 2010 (19:00) | Business, Finance | By: O.C.

Global Markets Overview: Investors are turning very selective about risk, as shares decline while some currency markets embrace chancier assets


Wall St futures point to higher open; data eyed

29 July, 2010 (07:00) | Business, Finance | By: O.C.

NEW YORK (Reuters) – Wall St futures pointed to a firmer start for equities, after gains in Europe. The Dow closed lower in the previous session on weak durable goods data and a downbeat assessment of the economy from the Fed’s Beige Book.



Stocks fall on economic outlook

28 July, 2010 (19:00) | Business, Finance | By: O.C.

NEW YORK (Reuters) – U.S. stocks fell on Wednesday after weak durable goods figures and a downbeat assessment of the economy from the Fed’s Beige Book kept the benchmark S&P 500 trapped below its 200-day moving average.



Earnings awaited as Wall St futures point to gains

28 July, 2010 (07:00) | Business, Finance | By: O.C.

NEW YORK (Reuters) – Stock index futures pointed to a higher open for Wall Street on Wednesday, after stocks closed mixed a day earlier, with investors likely to focus on earnings from Boeing and Visa among others to provide direction for equities.



Dow, S&P rise but Nasdaq falls as data offsets earnings

27 July, 2010 (19:00) | Business, Finance | By: O.C.

NEW YORK (Reuters) – The Dow industrials and the S&P 500 eked out slim gains, while the Nasdaq dipped on Tuesday as a sharp drop in July consumer confidence curbed the enthusiasm stirred by more robust earnings.



Asian stocks rise on U.S. data, eyes on earnings

27 July, 2010 (07:00) | Business, Finance | By: O.C.

HONG KONG (Reuters) – Asian stocks pulled back slightly from two-and-a-half month highs hit earlier on Tuesday after upbeat U.S. housing data, while the euro neared 2-month peaks on relief over stress tests on European banks.



FedEX and home sales data lift Wall Street

26 July, 2010 (19:00) | Business, Finance | By: O.C.

NEW YORK (Reuters) – U.S. stocks rose on Monday after an upbeat outlook from FedEx and solid home sales data cheered investors, helping the S&P 500 hold above a key resistance level.



Euro rises, Asian shares up after stress tests

26 July, 2010 (07:00) | Business, Finance | By: O.C.

SINGAPORE (Reuters) – The euro edged up and Asian shares rose on Monday as solid U.S. corporate earnings and surprisingly strong euro zone data offset growing skepticism that stress tests on European banks were not strict enough.



Europe’s prospects brighten as U.S. fades

25 July, 2010 (19:00) | Business, Finance | By: O.C.

German business confidence is soaring while U.S. consumer sentiment sinks.



BP Is Stalling Payments to Oil-Spill Victims: Feinberg

25 July, 2010 (07:00) | Business, Finance | By: O.C.

BP is holding up payments to victims of the Gulf oil spill, the compensation-fund administrator said. Meanwhile, clean-up crews returned to the site of the spill as Tropical Depression Bonnie passed.