eMediaWorld US Market News

October 10, 2011 10:52 AM31 comments
eMediaWorld US Market News

S&P 500 bouncing off of technical support? The main US equity benchmarks are now registering strong gains (Dow Jones Industrial: 267, Nasdaq Comp.: 74, S&P 500: 32) following a weekend promise by German Chancellor Angela Merkel and French President Sarkozy that they will attempt to provide a lasting solution to […]

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Wall St Week Ahead: Earnings on deck as Europe eyed

October 9, 2011 3:23 PM34 comments
Wall St Week Ahead: Earnings on deck as Europe eyed

NEW YORK (eMediaWorld) – Investors tiring of the euro zone’s debt crisis dragging the market all over the place are hoping to focus on something else this week — earnings. But will third-quarter results be enough to drive the S&P 500 higher? Or will Europe’s woes get in the way? […]

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European Markets In Negative Territory Ahead Of Jobs Data

October 7, 2011 8:00 AM95 comments
European Markets In Negative Territory Ahead Of Jobs Data

The European markets are modest to moderately lower in afternoon trading Friday, ahead of the key non-farm payrolls data for September due from the U.S. Asian markets were higher, after European Central Bank Thursday offered new emergency short-term loans to the continent’s battered banks, while the U.S. index futures are […]

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TSX May Open Higher; Unemployment Drops

7:58 AM46 comments
TSX May Open Higher; Unemployment Drops

Canadian stocks are poised for a positive open Friday amid encouraging jobs data from both sides of the border. While Canadian employment rose sharply in September, with most of the gains coming in full-time positions, data from south of the border revealed that U.S. economy added more jobs than expected. […]

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eMediaWorld US Market News

7:56 AM45 comments
eMediaWorld US Market News

After moving sharply higher in recent session, stocks have shown a lack of direction over the course of morning trading on Friday. The major averages have been bouncing back and forth across the unchanged line, unable to sustain any significant moves. The choppy trading on Wall Street comes despite the […]

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TSX surges, commodities climb on hopes Europe can contain debt crisis

October 6, 2011 11:20 AM55 comments
TSX surges, commodities climb on hopes Europe can contain debt crisis

TORONTO – The Toronto stock market soared more than 300 points mid-afternoon Thursday with strong support coming from the resource sector as prices for copper and oil ran ahead amid high hopes for a new plan by Europe to shore up its banks. The S&P/TSX composite index gained 325.02 points […]

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European Markets Extend Gains

9:02 AM46 comments
European Markets Extend Gains

The European markets rose for the second day amid hopes that regulators would step in to stem the soverign debt crisis from worsening. Asian markets ended firmly in positive territory and the U.S. index futures are higher, ahead of the key jobs report from the U.S. German Chancellor Angela Merkel […]

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TSX Looks To Extend Gains At Open Thursday

8:46 AM46 comments
TSX Looks To Extend Gains At Open Thursday

Canadian stocks may extend gains at open Thursday amid firm commodities and encouraging cues from the global equity markets. Stocks across Asia ended higher overnight, while European markets were trading in positive territory as investors cheered news that European officials are strengthening efforts to shore up the euro zone’s banking […]

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eMediaWorld US Market Reports

8:43 AM27 comments
eMediaWorld US Market Reports

After moving sharply higher in the two previous sessions, stocks are giving back some ground in early trading on Thursday. The major averages have moved to the downside, although selling pressure has remained relatively subdued. Currently, the major averages are posting modest losses, off their lows for the young session. […]

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eMediaWorld – Asian Market Reports

8:00 AM6 comments
eMediaWorld – Asian Market Reports

Asian Markets End Higher On EU Bank Hopes Most Asian markets ended higher Thursday taking positive cues from Wall Street where stocks posted sharp gains overnight amid easing worries about the financial situation in Europe. Also, European stocks were extending gains in morning session as investors cheered news that European […]

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