Shares of Merck, Bristol jump on cancer drug news
Experimental drugs that help the immune system detect otherwise-invisible cancer cells shrank tumors and extended the lives of patients with advanced ...
Why bad news makes the stock market happy
For now, bad news is good for the stock market. Investors judged that the latest weak economic reports will make it more likely that the Federal ...
US manufacturing gauge sinks to June 2009 level
A measure of U.S. manufacturing fell in May to its lowest level since June 2009 as slumping overseas economies and weak business spending reduced new ...
Turkish stock market plunges over protests
Turkey's main stock exchange dropped sharply on Monday, following three days of anti-government protests. The Borsa Istanbul 100 Index was down 8 ...
Asia stock markets fall on Fed uncertainty
Uncertainty about the U.S. Federal Reserve's next course of action and a sharp, sudden plunge on Wall Street sent Asian stock markets lower Monday.
Central bank group warns markets 'under a spell'
Investors have ignored poor economic news as stocks have risen, leaving markets now vulnerable to unsettling volatility and potential losses, an ...
Stocks plummet in late trading but end May higher
A gradual decline in the stock market turned into a rout Friday. After moving between small losses and gains for most of the day, the stock market ...
US consumers cut spending 0.2 pct. in April
Americans cut back on spending in April after their income failed to grow, a sign that economic growth may be slowing. Consumer spending dropped a ...
Eurozone unemployment heading for 20 million
The unemployment rate across the 17 European countries that use the euro hit a record 12.2 percent in April, and the number of unemployed is on track ...
Stocks hit by euro jobless rise, Fed uncertainty
Uncertainty over how long the U.S. Federal Reserve will continue with its stimulus policies and more grim European jobs news weighed on markets Friday
Asian stock markets mixed after US lukewarm data
Asian stock markets were choppy Friday after lackluster U.S. economic reports raised expectations that the U.S. Federal Reserve would stick to its ...
Stocks rise as lackluster reports ease Fed concern
The stock market rose Thursday after a pair of lackluster economic reports raised expectations that the Federal Reserve will continue to boost the ...
US economy grew at modest 2.4 pct. rate in Q1
The U.S. economy grew at a modest 2.4 percent annual rate from January through March, slightly slower than initially estimated. Consumer spending was ...
Applications for US unemployment aid rise to 354K
The number of Americans seeking unemployment benefits rose 10,000 last week to a seasonally adjusted 354,000. Still, the level of applications is ...
Stocks inch higher in early trading on Wall Street
Stocks are edging higher in early trading on Wall Street after the latest reports on the economy suggested a steady recovery in the U.S. The Dow Jones ...
Stock futures move higher on buoyant mood in US
Stock futures rose Thursday with a pair of government reports showing that the economy grew in the first three months of the year and that the ...
Asia stocks down as Fed fears weigh on markets
Concerns that the Federal Reserve might start scaling back its stimulus program due to improvement in the U.S. economy sent Asian stock markets lower ...
Stocks fall; Dow average pulls back from a record
Wall Street's passion for high-dividend stocks is fading. The stock market closed lower Wednesday, led by the same industry groups that had the ...
Dow Jones average pulls back from latest record
Stocks are closing lower on Wall Street as investors cut their holdings of high-dividend stocks they favored at the beginning of the year. The yield ...
Unemployment rates fall in nearly all US cities
Unemployment rates fell in almost all large U.S. cities in April, helped by stronger hiring. The gains show the job market is improving throughout the ...
Stocks open lower on Wall Street
Stocks are opening lower on Wall Street, pushing the Dow Jones industrial average down from a record. The Dow fell 87 points, or 0.6 percent, to ...
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