Greek Hopes, Earnings Lift Stock FuturesA report that the European Central Bank may take steps to ease Greece's debt load, coupled with several strong corporate earnings reports, pushed stock-index futures into the green.
Europe Stocks Climb; Statoil, Reckitt Benckiser Gain on EarningsEuropean stocks advanced, with the Stoxx Europe 600 Index snapping two days of losses, as companies from Statoil ASA to Reckitt Benckiser Group Plc posted earnings that exceeded analysts’ estimates. U.S. index futures were little changed, while Asian shares rose.
European Bond Auctions, Goldman Earnings EncourageThe major U.S. index futures are pointing to a higher opening on Wednesday, with successful European bond auctions once again serving to lift sentiment. Goldman Sachs (GS) reported better than expected earnings, although earnings from other banking stocks were mixed. Meanwhile, reports suggest that the International Monetary Fund is looking to boost its lending resources. A industrial production ...
TSX moves lower amid earnings disappointments, Greek bailout dealTORONTO - Earnings disappointments in the telecom and financial sector helped push the Toronto stock market lower Thursday while traders had a muted reaction to news that Greece reached an agreement that would meet the conditions to secure its next bailout. The S&P/TSX composite index slipped 31.92
European Shares Fall On Earnings, Greek WorriesEuropean shares retreated for a second consecutive session on Tuesday as mixed earnings results and concerns about Greece's unresolved debt restructuring talks weighed on investor sentiment. Adding to downbeat sentiment, the International Monetary Fund warned that China's growth rate would drop abruptly in the event of a sharp recession in Europe.
TSX dips as leaders in leaders in Greece agree to cutsThe Toronto Stock Exchange was off slightly early Thursday following some progress on Greece's financial crisis and better-than-expected data on the U.S. jobs market, though some mixed earnings results from Canadian companies.
Central Bank Liquidity Props Markets: Dave's DailyI would advise most to forget PEs, current earnings and dividends, global economic indicators and even Greece (if only temporarily). The number one factor driving global stock indexes higher are monetary policies and liquidity impact from the three central bank amigos. Sure markets are overbought and volume remains scant. The first condition is readily viewed by any number of respectable ...