Global Markets News
Shares hit three-month high on hopes for Europe, more easing
TOKYO - Asian shares extended gains to a third straight session on Wednesday, reaching a three-month high, as investors continued to bet that policymakers will soon take decisive action to address the euro zone fiscal crisis and declining global growth.
Stocks rally for third straight day on European optimism
NEW YORK - Stocks rose for a third straight day on Tuesday, pushing the S&P; above 1,400 for the first time since early May, on growing optimism the European Central Bank would act soon to contain the euro zone's debt crisis. | Video
Brent slips, but stays above $111 on supply woes
SINGAPORE - Brent crude dipped on Wednesday, coming off a 12-week top hit in the previous session, although worries about falling North Sea output and hopes for more stimulus measures from both sides of the Atlantic kept prices above $111 per barrel.
Euro steady, supported by hopes of ECB action
SINGAPORE - The euro held steady against the dollar on Wednesday, supported by persistent hopes for further action by the European Central Bank to lower the borrowing costs of Spain and Italy.
Gold steady, stimulus hopes support
SINGAPORE - Gold was little changed on Wednesday after climbing for three days, supported by hopes that Europe and the United States would launch more stimulus measures to help shore up their faltering economies.
Shareholder spring heads to autumn for private equity investors
LONDON - Emboldened by their success in bringing down boardroom pay in Europe and the United States, pension funds and other institutional investors are now attacking the fees charged by the once-booming private equity industry.
UPDATE 1-India's Bharti Airtel posts 10th quarter of profit decline
* Says India revenues depressed by competition, regulatory moves
UPDATE 1-UK Stocks-Factors to watch on Wednesday, Aug 8
* Britain's FTSE 100 index is seen opening 38 to 42 points lower, or as much as 0.7 percent, on Wednesday, according to financial bookmakers. For more on the factors affecting European stocks, please click on
Europe Factors to Watch-Shares set to halt brisk 2-week rally
PARIS, Aug 8 - European stocks were set to open flat to lower on Wednesday, pausing after a sharp two-week rally, but the retreat could be limited as comments by a top Federal Reserve official fuel expectations of a third round of quantitative easing to boost the fragile U.S. economy. At 0630 GMT, futures for Euro STOXX 50 were flat, for Germany's DAX down 0.14 percent and for France's CAC down 0.07 percent. European stocks have soared since ECB President Mario Draghi said two
Nikkei advances for a third day, backs away from 9,000-mark
* Investors eye 9,000 level for Friday option settlement * Exporters gain on weaker yen, stimulus hope from Fed, ECB * Sharp rebounds; Hon Hai remains committed to investment * Trading volume on Topix hits 2-month high By Sophie Knight TOKYO, Aug 8 - Japan's Nikkei average rose for a third day on Wednesday on fresh hopes of further stimulus from central banks, but pared gains after brushing close to the psychologically key 9,000 level ahead of Friday's options sett
Hong Kong shares poised for small loss, China weak
* Esprit dives 11 pct, new CEO's plan to revive retailer in focus
Markets
- Asia
- U.S.
- Europe
- Sectors
DOW | 13,168.60 | +51.09 | +0.39% |
S&P; 500 | 1,401.35 | +7.12 | +0.51% |
NASDAQ | 3,015.86 | +25.95 | +0.87% |
TR US Index | 126.51 | +0.75 | +0.59% |
Sector Summary
Energy | +0.82% |
Basic Materials | +0.47% |
Industrials | +0.78% |
Cyclical Goods & Services | +0.73% |
Non-Cyclical Goods & Services | -0.23% |
Financials | +0.26% |
Healthcare | -0.10% |
Technology | +0.78% |
Telecoms | -0.44% |
Utilities | -0.51% |
Asia/Pacific Market Reports
Americas Market Reports
Europe Market Reports
- Amsterdam: UPDATE 1-Dutch property funds resume merger talks
- Belgium: UPDATE 1-Dutch property funds resume merger talks
- France: French and Benelux stocks-Factors to watch on Oct. 3
- Spain: Spanish stocks - Factors to watch on Tuesday
- Switzerland: European shares hit 1-wk high in low-volume rally
- U.K.: UPDATE 1-UK Stocks-Factors to watch on Wednesday, Aug 8