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US stocks rise on strong Home Depot earnings

Agence France-PresseMay 21, 2013 11:01

US stocks Tuesday moved higher following a positive earnings report by Dow member The Home Depot, which cited the strong recovery in the housing market. About 30 minutes into trade, the Dow Jones Industrial Average rose 51.49 (0.34 percent) to 15,386.77. The broad-based S&P 500 added 4.15 (0.25 percent) at 1,670.44, while the tech-rich Nasdaq Composite Index increased 5.50 (0.16 percent) to 3,501,93.

European stocks rise in muted trading

Agence France-PresseMay 20, 2013 13:15

European stock markets rose to fresh highs in muted holiday trading on Monday despite weak Italian economic data following strong start to the new week for Asian equity prices. London's FTSE 100 index of leading shares added 0.48 percent to hit a 13-year closing high of 6,755.63 points. Meanwhile in Frankfurt the DAX 30 index set a fresh record high close after climbing 0.69 percent to 8,455.83 points. In Paris the CAC 40 rose 0.54 percent to 4,022.85 points, having repassed the 4,000 mark at the end of last week for the first time since July 2011.

European stocks mixed in muted trading

Agence France-PresseMay 20, 2013 12:45

European stock markets traded mixed on Monday amid weak Italian economic data and following a strong start to the new week for Asian equity prices. London's benchmark FTSE 100 index added 0.07 percent to stand at 6,727.70 points in afternoon deals. With Germany and France on public holidays, in muted trading Frankfurt's DAX 30 rose 0.37 percent to 8,428.98 points and in Paris the CAC 40 index slid 0.06 percent in value to 3,998.91. On Friday, the market in Paris had jumped above 4,000 points for the first time since July 2011 as traders went bargain-hunting.

Wall Street heads higher, led by small-company stocks; Russell index crosses 1,000

The Canadian PressMay 20, 2013 12:30

NEW YORK, N.Y. - The stock market is edging higher in midday trading, led by small-company shares. The Russell 2000 index of small company stocks crossed 1,000 points for the first time Monday. It's up 18 per cent this year, more than other major market indexes. The rally in small stocks is a sign investors are more willing to take risk. It also means they're more optimistic about the U.S. economy versus Europe, which is still mired in recession. The Dow Jones industrial average was up 28 points at 15,382, a gain of 0.2 per cent. The Standard

US stocks mixed; Yahoo! deal lifts Nasdaq

Agence France-PresseMay 20, 2013 10:15

Yahoo!'s $1.1 billion deal to take over blogging platform Tumblr gave a lift to the Nasdaq Monday but overall stocks opened the week mixed. About 45 minutes into trade, the Dow Jones Industrial Average was down 7.76 points (0.05 percent) at 15,346.64. The tech-rich Nasdaq Composite Index rose 5.87 (0.17 percent) to 3,504.84 and the broad-market S&P 500 edged up 0.89 (0.05 percent) to 1,668.36. In the absence of major economic releases, "M&A news is dominating the headlines," Charles Schwab & Co. said.

European stocks mixed in muted trading

Agence France-PresseMay 20, 2013 08:00

European stock markets traded mixed on Monday amid public holidays in Germany and France, in the wake of Italian economic data and following a strong start to the new week for Asian equity prices. London's benchmark FTSE 100 index dipped 0.04 percent to stand at 6,720.45 points in midday deals. Frankfurt's DAX 30 grew 0.46 percent to 8,436.66 points and in Paris the CAC 40 index climbed 0.26 percent in value to 4,011.1. On Friday, the market in Paris had jumped above 4,000 points for the first time since July 2011 as traders went bargain-hunting.

Asia shares higher on US gains

Agence France-PresseMay 20, 2013 03:34

Asian shares rose on Monday reflecting a bullish mood on Wall Street and extending their two-week rally, buoyed by better-than-expected US data. Tokyo stocks were up 1.47 percent, or 222.69 points, to 15,360.81, while Taipei edged up 0.11 percent, or 8.86 points, to 8,377.05, and Sydney gained 0.54 percent, or 28.2 points, to close at 5,209.0. Hong Kong was 1.72 percent higher, or 397.09 points, to 23479.77, as Shanghai gained 1.09 percent, or 24.85 points, to 2,307.72, and Seoul closed 0.22 percent lower, or 4.38 points, to 1,982.43.

US stocks follow foreign markets higher

Agence France-PresseMay 17, 2013 10:31

US stocks Friday opened in positive territory following gains in leading foreign markets. Five minutes into trade, the Dow Jones Industrial Average rose 55.13 (0.36 percent) to 15,288.35. The broad-based S&P 500 increased 7.15 (0.43 percent) to 1,657.62, while the tech-rich Nasdaq Composite Index jumped 18.67 (0.54 percent) to 3,483.91. Leading indices in France, Germany, Britain and Japan were all higher.

Toronto, Wall Street surge higher amid positive U.S. data, consumer sentiment

The Canadian PressMay 17, 2013 09:45

TORONTO - The Toronto Stock Exchange surged ahead Friday, encouraged by gains from the U.S. markets, after data showed the world's largest economy may be in recovery. "We continue to grind higher here," said Jason Hornett, a portfolio manager with Bissett Investment Management. "People continue to be more and more optimistic here in North America and it definitely bodes well for the stock market." The S

World stocks mixed ahead of release of leading US economic indicators for April

The Canadian PressMay 17, 2013 02:00

BANGKOK - World stock markets were mixed Friday as investors digested a slew of disappointing data from the U.S. ahead of the release of a key measurement of the country's economic outlook. Investors were looking ahead to the Conference Board's index of leading indicators for April, to be released later Friday. The index is designed to anticipate economic conditions three to six months out. Analysts hope the figures will balance out several discouraging economic reports released Thursday, including a jump in unemployment aid applications to their highest level in six weeks.