Wed Mar 2, 2016/Reuters By Saikat Chatterjee Asian shares rallied to two-month highs on Wednesday as overnight gains in oil prices and a batch of positive economic data from Australia to the United States calmed fears of a global economic slowdown. Fueled by Asia, European stock markets are seen opening […]
Tag: Stocks
Wall Street up as oil prices boost energy, materials stocks
Wed Feb 17, 2016/Reuters By Abhiram Nandakumar Wall Street was higher on Wednesday, on track for a third straight day of gains, led by gains in energy and materials as oil prices held on to their gains. Nine of the 10 major S&P sectors were higher, led by the 1.6 […]
Global stocks hit the rocks after Asian markets slump
Tue Feb 9, 2016/Reuters By Alistair Smout A drop in bank shares kept European shares under pressure on Tuesday, after losses in Asian markets sent investors scurrying for safe havens. After a choppy morning, the pan-European FTSEurofirst 300 .FTEU3 flattened out, having touched its lowest levels since October 2014 in […]