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Business

Wall Street , the week ahead

All the talk about economic growth, inflation, oil prices and interest rates can send the markets scurrying in any direction. But when it comes to stocks, there's no better indicator of performance than earnings.

Business

Weekly Wall Street column - What's a fair value for stocks?

Are stock prices too high, too low, or right where they should be?In the sometimes quarrelsome confines of Wall Street, there's no consensus.

Business

Jobs report prompts buying on Wall Street; Dow up 1.4% Friday

Wall Street ended a volatile and unusual week on a bullish note Friday, with the Dow Jones industrials gaining more than 146 points, or 1.4 percent, on the strength of a positive job creation report and a sharp drop in oil prices.

Business

US stocks close higher despite London terror attacks

Surprisingly calm investors pushed stocks modestly higher Thursday, helping Wall Street recover from steep early losses after the London terror attacks that killed at least 40 people and injured more than 700.

Business

ECB president: No immediate need to act

Stocks slumped worldwide after terrorists set off four explosions that rocked London's subway and bus system and killed at least 33 people. The British pound hit a fresh 19-month low.

Business

European insurance stocks drop after blasts

Allianz AG said it was facing a euro1 million to euro9 million (US$1.2 million to US$10.7 million) exposure from the bus and subway explosions in London on Thursday because of its participation in a terrorist-risk coverage plan led by the British government.

Nation

Terror explosions rock London

Near simultaneous explosions rocked the London subway and a double-decker bus at the morning rush hour Thursday, police said, causing at least two deaths, injuring scores of riders and sending bloodied victims fleeing from debris-strewn blast sites.p>hr noshade size=-1 width=50%>/p>

Business

US stocks drop nearly 1 percent as oil tops US$61 per barrel

US stocks tumbled Wednesday as oil prices climbed to a new record on fears of refining shortages and caused investors to look past a report showing strong growth in the service sector of the economy. The Dow Jones industrials dropped more than 101 points, or nearly 1 percent.

Business

Japanese stocks fall Thursday on surging oil prices

Japanese stocks fell Thursday as oil prices surged to new highs in Asian trading, sparking renewed concerns about the vulnerability of resource-poor Japan.

Business

Japanese stocks finish lower Wednesday

Japanese stocks fell slightly Wednesday as traders sold technology blue chips to take profits from recent gains. The U.S. dollar was down against the Japanese yen and the euro.