IBTimes.com : Equities

Wall Street finishes flat in late reversal

Thu, 24 May 2012 03:38:02 IST

Stocks staged a late-day reversal on Wednesday, rallying into the close in another volatile session as a sharp rise in materials shares boosted the S&P 500 and gains in Apple helped lift the Nasdaq.

U.S. stocks recover late, euro falls

Thu, 24 May 2012 02:38:02 IST

Wall Street stocks staged a late recovery and the euro flirted with a near two-year low on Wednesday as investors remained on edge about Greece's possible exit from the euro zone, which threatened to deepen the region's debt crisis and hurt an already fragile global recovery.

Wall Street ends flat in late-day reversal

Thu, 24 May 2012 02:26:02 IST

Stocks staged a late-day reversal on Wednesday, rallying into the close as a sharp rise in materials shares boosted the S&P 500 and gains in Apple helped lift the Nasdaq.

Late rally lifts Wall Street into close

Thu, 24 May 2012 01:38:02 IST

Stocks staged a late-day reversal on Wednesday, rallying into the close as a sharp rise in materials shares boosted the S&P 500 and gains in Apple helped lift the Nasdaq.

Nasdaq, S&P 500 turn positive ahead of close

Thu, 24 May 2012 01:18:02 IST

Stocks pared losses sharply into the close, with both the Nasdaq and the S&P 500 turning positive in a late-day reversal on Wednesday. The turnaround was led by shares of materials companies in the S&P 500, while Apple boosted technology shares.

Stocks, euro fall on Greece exit worries

Thu, 24 May 2012 00:54:03 IST

World stocks skidded and the euro fell to a 21-month low on Wednesday on worries about Greece's possible exit from the euro zone, which threatened to deepen the region's debt crisis and hurt an already fragile global recovery.

Wall Street falls 1 percent on Europe, Dell

Wed, 23 May 2012 23:26:02 IST

Stocks fell 1 percent on Wednesday, with all S&P 500 sectors trading negative as concerns mounted over Greece's future in the euro zone.

Wall Street falls on euro-zone concerns, Dell

Wed, 23 May 2012 22:26:02 IST

Stocks lost more than 1 percent on Wednesday, with all S&P 500 sectors trading negative as concerns mounted over Greece's future in the euro zone.

FTSE drops to 2012 closing low on Greece fears

Wed, 23 May 2012 22:18:02 IST

Britain's top shares fell sharply on Wednesday, wiping out their gains from the start of the week on mounting fears Greece will leave the euro zone and doubts a European summit later in the day will amount to much.

Global stocks, euro sag on Greece exit worries

Wed, 23 May 2012 21:30:04 IST

World stocks stumbled and the euro fell to a 21-month low on Wednesday on worries about Greece's possible exit from the euro zone, which would deepen the region's debt crisis and hurt an already fragile global economic recovery.

Wall Street follows euro lower on Greek angst

Wed, 23 May 2012 20:18:02 IST

Stocks extended losses on Wednesday, with major indexes briefly down more than 1 percent, as the euro continued its decline against the U.S. dollar on growing fears of a Greek euro zone exit and doubts about the outcome of an EU summit later in the day.

Greek concern takes Wall Street down, Dell weighs

Wed, 23 May 2012 19:10:02 IST

Stocks fell at the open on Wednesday on mounting concerns over Greece's future in the euro zone and as a weaker-than-expected revenue forecast from computer maker Dell weighed on investor sentiment.

Wall Street to open lower on Greece woes, Dell outlook

Wed, 23 May 2012 19:02:01 IST

Wall Street was set for a lower open on Wednesday on mounting concerns over Greece's future in the euro zone and as a weaker-than-expected revenue forecast from computer maker Dell weighed on investor sentiment.

Stock futures hit by euro zone, Dell concerns

Wed, 23 May 2012 18:46:02 IST

Stock index futures fell on Wednesday as caution prevailed ahead of a meeting of European leaders and on mounting concerns over Greece's future in the euro zone.

FTSE stumbles on EU summit doubts

Wed, 23 May 2012 17:38:02 IST

Top shares fell sharply on Wednesday as expectations faded that a meeting of European leaders would yield concrete measures such as common euro zone bonds to tackle the region's debt crisis, with charts signalling further weakness for stocks.

Stock index futures signal losses; Dell eyed

Wed, 23 May 2012 15:10:02 IST

Stock index futures pointed to a lower open on Wall Street on Wednesday, with futures for the S&P 500 down 0.65 percent, Dow Jones futures down 0.46 percent and Nasdaq 100 futures down 0.49 percent at 5.11 a.m. EDT.

Britain's FTSE drops back, reversing strong rally

Wed, 23 May 2012 13:54:01 IST

Britain's top share index dropped back in early deals on Wednesday, erasing much of a strong, two-session rally as investors' appetite for risk reversed, weighed by fading hopes for any real action on the debt crisis from a meeting of European leaders.

Wall Street struggles to find Facebook's worth

Wed, 23 May 2012 04:10:02 IST

In its three days of trading, Facebook's stock has dropped 18 percent from its $38 (24 pounds) issue price. For the thousands of investors that bought at the IPO, that's bad enough, but one analysis of its earnings prospects suggests it could get a lot worse - more like $10 a share.

Wall Street ends flat after late volatility

Wed, 23 May 2012 02:18:01 IST

Stocks closed mostly flat on Tuesday after volatility late in the session, with weakness in materials and energy shares offsetting strength in financials.

Wall Street turns negative late in day

Wed, 23 May 2012 01:18:01 IST

Stocks fell late on Tuesday as traders cited renewed market talk about the potential for Greece to leave the euro zone, while Facebook's stock fell towards session lows on doubts about its valuation.

Wall Street ticks higher, Facebook falls again

Wed, 23 May 2012 00:46:02 IST

Stocks advanced on Tuesday, led by financial shares after a strong read on existing home sales encouraged buying in sectors tied to economic growth.

Wall Street gains on housing but rally ebbs

Tue, 22 May 2012 23:18:01 IST

Financial and housing shares nudged Wall Street higher on Tuesday after existing home sales rose in April to their highest rate in nearly two years, but gains were capped by investors' concerns about the global economic outlook.

Wall Street's early rally fades, Nasdaq briefly drops

Tue, 22 May 2012 22:02:03 IST

Stocks' early rally faded on Tuesday with the Nasdaq briefly dipping into negative territory and investors citing risks to the global economic outlook.

Strong miners, Vodafone help Britain's FTSE rally

Tue, 22 May 2012 21:38:02 IST

Britain's leading share index jumped on Tuesday, driven by gains in mining stocks as the demand picture for metals was brightened by hopes of fresh moves by China to boost its economy.

Wall Street up on banks, housing data

Tue, 22 May 2012 20:18:01 IST

Stocks rose on Tuesday, led by financial and housing shares, after home resales rose in April to their highest annual rate in nearly two years in another sign that the housing market may be on the road to recovery.

Wall Street climbs after housing data

Tue, 22 May 2012 20:02:02 IST

Stocks rose on Tuesday, driven by financial and housing shares, after home resales rose in April to their highest annual rate in nearly two years in another sign that the housing market may be on the road to recovery.

Wall Street little changed at open

Tue, 22 May 2012 19:30:04 IST

Wall Street opened little changed on Tuesday as concerns about global growth weighed on investor sentiment, while shares of Facebook continued their post-IPO slide.

Facebook shares fall as valuation doubts rise

Tue, 22 May 2012 19:18:04 IST

Shares of Facebook fell again at the open on Tuesday as doubts about the company's valuation increased after Reuters reported that underwriters cut their revenue forecasts for the social networking site shortly before the IPO. [ID:nL4E8GM35V].

Wall Street set for flat open; Facebook down premarket

Tue, 22 May 2012 18:46:02 IST

Wall Street was set to open little changed on Tuesday as concerns about global growth weighed on investor sentiment.

Stocks futures turn higher after Best Buy results

Tue, 22 May 2012 18:02:02 IST

Stock index futures rose on Tuesday, erasing earlier losses, after shares of No. 1 consumer electronics chain Best Buy jumped following earnings and revenue that topped expectations.