Financial markets news and stories by mail.com

Financial markets

Dow ends above 14,000 for 1st time since Oct. 2007
The Dow closed above 14,000 on Friday for the first time in more than five years. It was just a number on a board, but it was enough to raise the ...
Germany warns euro crisis not over
Europe's efforts to solve its debt troubles won a vote of confidence Friday from the chairman of China's sovereign wealth fund, but Germany's finance ...
Oil up on US jobs report; gas jumps most in 2 yrs
Commuters and day-trippers may do a double-take at the gas station after the biggest one-day pop in pump prices in nearly two years. The nationwide ...
Signs of firm US recovery trigger market gains
Evidence that the U.S. economic recovery is firmly on track drove markets higher on Friday, adding to the cheer from good economic indicators out of ...
Dow hits 14,000 for 1st time since October 2007
The Dow rose higher and briefly topped 14,000 Friday, hitting a milestone not seen since before the financial crisis rocked the world economy. The Dow ...
CEO of scandal-hit Barclays gives up 2012 bonus
The chief executive of Britain's Barclays bank said Friday he is giving up his 2012 bonus amid a string of high-profile scandals over market-fixing, ...
Spanish economy minister to testify in bank probe
Spain's Economy Minister Luis de Guindos has been called by the National Court to testify in a probe into alleged fraud at one of the country's major ...
Stocks rise on strong jobs numbers
Stocks rose Friday after the latest employment report showed that the country added 157,000 jobs in January, and that hiring for the past two years ...
Futures moving higher on strong jobs numbers
Stock futures rose Friday after the latest employment report showed that the country added 157,000 jobs in January, and that hiring for the past two ...
Rare good news for eurozone economy
Mention it quietly, but there were rare hopeful signs for Europe's struggling economy on Friday. Three pieces of economic news for the 17 European ...
Oil slips closer to $97 ahead of US jobs report
The price of oil slipped to near $97 a barrel on Friday after figures showed weak growth in China's manufacturing sector and as investors awaited a ...
Asia stock markets mixed on US jobless data
Asian stock markets were mixed Friday after a weak jobs report from the U.S. unnerved some investors, although losses were stanched by Wall Street's ...
Dow logs best January in nearly 2 decades
The Dow logged its best start to the year in almost two decades. Stocks rallied in the first week of the year after U.S. lawmakers reached a deal to ...
Latvia takes big step to joining euro
Unemployment, recession, debt, crisis and bailouts: These have been the sort of words that have been associated with the euro currency over the past ...
Oil falls on US unemployment claims data
The price of oil fell Thursday as U.S. unemployment claims rose more than expected. Benchmark oil for March delivery fell 45 cents to close at $97.
Greek doctors, public transport workers on strike
Greek doctors, port workers and public transport staff in the country's capital walked off the job Thursday in strikes against deeply unpopular ...
Stocks flat on new jobs and consumer data
Stocks are flat after the government released new data on consumer spending and unemployment and some earnings reports disappointed investors. The Dow ...
Oil prices stay near $98 ahead of US jobs data
Oil prices hovered near $98 a barrel Thursday, close to four-month highs, as traders waited for more economic indicators from the U.S. By early ...
German unemployment sees seasonal rise in January
Germany's unemployment rate increased to 7.4 percent in January as the country was hit by harsh winter weather, but seasonally adjusted jobless ...
Cyprus jobless turn to illegal songbird trapping
It's just before first light and the bird-catcher strings nets among the orange, pomegranate, fig and carob trees in his orchard. The sound of ...
Asia stocks fall after US shows 4Q contraction
An unexpected contraction in the U.S. economy at the end of 2012 sent Asian stock markets into retreat Thursday. The U.S. economy shrank in the fourth ...
Victims jockey to maximize refunds in PFGBest case
The judge overseeing the bankruptcy of an Iowa brokerage is facing an unusual decision about how to distribute its remaining assets: Should customers ...
Stocks drop as economy put brakes on stock rally
Worries about the economy have slowed a January stock rally. After a month of impressive gains that brought the Dow within 200 points of a record, the ...
Oil rises near $98 even as US economy contracts
Oil finished near $98 Wednesday, maintaining the momentum that has driven it to four-month highs and pushed up prices at the pump. A report that ...