Global Markets

Wall St Week Ahead: Correction talk gets old as rally sails along

NEW YORK, May 17 - With the broad S&P 500 Index gliding once again into uncharted territory and posting four straight weeks of gains, the talk of Wall Street's rally inevitably hitting a ceiling is starting to get old.

US STOCKS-Dow, S&P end at records, stocks mark 4th week of gains

* Dow up 0.8 percent, S&P 500 up 1 percent, Nasdaq up 1 percent

GLOBAL MARKETS-US dollar soars, stocks set new highs on Fed QE exit talk

* Fed's Williams says stimulus reduction could start this summer * U.S. consumer sentiment rises to nearly six-year high * U.S. dollar index hits nearly three-year high * Dow, S&P 500 surge to record closing highs By Herbert Lash NEW YORK, May 17 - The U.S. dollar soared against major currencies on Friday on growing speculation that the Federal Reserve could soon begin to rein in its bond-buying program and after data showed U.S. consumer sentiment hit an almost s

US STOCKS SNAPSHOT-Dow, S&P end at records in Wall St's 4th week of gains

NEW YORK, May 17 - U.S. stocks continued their climb into uncharted territory on Friday, racking up the fourth week of gains in a row as encouraging economic data prompted investors to pick up shares of growth companies. Both the Dow and the S&P 500 finished Friday's session at record highs.

World Markets

UPDATE 1-UK Stocks-Factors to watch on Friday May 17

LONDON, May 17 - Britain's FTSE 100 index is seen opening down 2 points on Friday, according to financial bookmakers. For more on the factors affecting European stocks, please click on

Auto stocks lead European shares to 4th straight weekly gain

LONDON, May 17 - A rally in auto stocks and strong U.S. data helped European shares set a 5-year high on Friday and record their fourth consecutive weekly gain, with cyclical shares leading risers.

Nikkei hits new 5 1/2-year high on real estate, agricultural shares

* Japan stocks remain firmly footed in structural bull market - JPMorgan * Hitachi up on higher operating margin forecast * Nikkei posts 2nd-straight weekly gains By Ayai Tomisawa TOKYO, May 17 - The Nikkei share average rose on Friday with investors snapping up reflationary plays such as real estate stocks on the dips - posting a second week of gains supported by the benign effects of a weak yen. Agriculture-related stocks also lifted the market, with Prime Minist

China shares close out 3rd weekly gain with late property-led flourish

* China property again strong ahead of April home price data

17 May 2013
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