Global Markets

Stocks likely to drift as investors await Fed, earnings

Photo

NEW YORK - Wall Street investors may find little reason to make big moves next week as they await monthly U.S. jobs data and any news that could change expectations for the first interest rate hike in almost a decade.

U.S. economic growth slows in fourth quarter; corporate profits fall

WASHINGTON - U.S. economic growth cooled in the fourth quarter as previously reported and after-tax corporate profits took a hit from a strong dollar, which could undermine future business spending. | Video

27 Mar 2015

Thousands march through Rome against Renzi's labor reform

ROME - Tens of thousands of workers marched through the center of Rome on Saturday against Prime Minister Matteo Renzi's reform of the labor market, headed by a popular union chief who is seen by many as a possible future leader of Italy's left.

5:35pm GMT

President Xi says China should not focus on growth rate only

BOAO, China - Chinese President Xi Jinping said on Saturday that the country should not focus on its economic growth rate only, reiterating China's push for a more sustainable, higher-quality expansion.

3:35am GMT

Troika expects Greece to miss primary surplus target this year: Der Spiegel

BERLIN - The three institutions or troika representing Greece's official creditors expect Athens could miss its goal of a primary budget surplus this year, German magazine Der Spiegel reported on Saturday citing a source within the group of lenders.

1:36pm GMT

Portugal pushes for closer euro zone integration

BRUSSELS - Portugal has presented proposals for closer economic coordination between the countries of the euro zone as the bloc tries to put crises over Greece and other big debtor states behind it.

1:28pm GMT
World Markets

European shares snap two-day slide; Novo Nordisk rallies

PARIS, March 27 - European stocks rose in early trade on Friday, halting a sharp two-day retreat as a renewed fall in the euro currency helped boost the shares of exporting companies.

US STOCKS-Wall St ends 4-day skid on late tech rally

* Indexes up: Dow 0.19 pct, S&P 0.24 pct, Nasdaq 0.57 pct (Updates to market close)

Nikkei falls to more than 1-week low as hedge funds take profits before quarter end

* Nikkei down 1.4 pct for the week, snapping 6-week winning streak * Hedge funds take profits before Jan-March quarter ends - traders * Futures volume largest since March 11 By Ayai Tomisawa TOKYO, March 27 - Japan's Nikkei share average gave up early gains and fell to its lowest level in more than a week on Friday, led by futures selling as hedge funds took profits from its recent rise. The Nikkei benchmark fell 1.0 percent to 19,285.63 points, the lowest closing

UPDATE 1-Chinese stocks rise; property shares jump on policy support

SHANGHAI, March 27 - China's central government issued notices on Friday urging local authorities to restrict land supply and support their residents' need for better housing conditions, sending the stock market higher after a week of volatile trade.

27 Mar 2015
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FTSE 100 6,855.02 -40.31 -0.58%
DAX 11,868.33 + 24.65 +0.21%
CAC 40 5,034.06 + 27.71 +0.55%
TR Europe 166.39 + 0.73 +0.44%
GBP/USD 1.4875 +0.00%
GBP/EUR 1.3659 --
EUR/USD 1.0887 +0.00%
Gold 1,196.30 -5.30 -0.44%
Oil 48.43 -2.56 -4.98%
Corn 390.25 -1.00 -0.26%