Global Markets

Wall St. Week Ahead: Even modest GDP bounce may support market


NEW YORK - Even if data next week shows a mediocre rebound in U.S. economic growth, that might be enough to keep the stock market aloft at record highs and the Federal Reserve steadfast in its winding down of stimulus through bond purchases.

Global stocks and euro pressured by German data, U.S. results

NEW YORK - Some disappointing U.S. earnings, including, and weak German economic data pressured world stock markets on Friday, while the euro hit an eight-month low against the U.S. dollar. | Video

25 Jul 2014

Wall St. closes lower on Amazon, Visa; S&P's weekly gain erased

NEW YORK - U.S. stocks closed lower on Friday in a broad consumer discretionary-led selloff after Visa and Amazon, a pair of closely watched bellwether names, reported disappointing results.

25 Jul 2014

U.S. dollar hits eight-month high against euro on weak German Ifo

NEW YORK - The U.S. dollar hit an eight-month high against the euro on Friday after weak data on German business sentiment heightened concerns that geopolitical tensions were weighing on the euro zone economy.

3:16am BST

Goldman Sachs downgrades stocks to neutral for short term

- Goldman Sachs downgraded its global equities allocation to neutral on a short-term basis on Friday, even though the brokerage remains overweight stocks for the longer term.

25 Jul 2014

Cynk suspension ending, but shares unlikely to trade

- A trading suspension in the stock of little-known Cynk Technology, which mysteriously surged 20,000 percent before the halt, ends late on Thursday, but do not expect to see the stock trading again on Friday.

24 Jul 2014
World Markets

Falls of DAX, LVMH hit European shares

LONDON, July 25 - European shares fell on Friday, with the German market hit after business sentiment in the country fell to its lowest level in nine months, while luxury goods group LVMH slumped after weaker-than-expected results.

US STOCKS-Wall St closes lower on Amazon, Visa; S&P's weekly gain erased

* Indexes down: Dow 0.7 pct, S&P 0.5 pct, Nasdaq 0.5 pct (Updates to close)

European shares hit by weak German data and LVMH

LONDON, July 25 - Weak German economic data and a slump in the shares of luxury goods group LVMH hit European stock markets on Friday.

Nikkei closes at 6-month high as S&P hits fresh record; Fanuc climbs on earnings

TOKYO, July 25 - Japan's Nikkei share average rose 1.1 percent on Friday to close at its highest level in six months, buoyed by fresh record highs for the S&P and as index heavyweight Fanuc Corp jumped after reporting strong profits. The Nikkei ended up nearly 174 points at 15,457.87, its highest closing level since Jan. 23. For the week, it gained 1.6 percent. Industrial robot maker Fanuc soared 5.3 percent after its net profit for the April-June quarter nearly doubled to

Hong Kong shares finish week at fresh 3-year highs as China markets climb

HONG KONG, July 25 - Hong Kong's benchmark share index rose 0.3 percent on Friday, closing at its highest level in more than three years, buoyed by stronger China markets.

25 Jul 2014
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