08252016Thu
Last update: Thu, 25 Aug 2016 06pm

Americas

Markets - Equity - Americas

Wall St flat before Greek deal talks; Apple lifts Nasdaq NEW YORK: US stocks were little changed on Wednesday as investors looked to a meeting of euro zone finance ministers for clues on the tone of negotiations to deal with Greece's debt crisis.Greek Finance Minister Yanis Varoufakis headed for a showdown at a meeting scheduled to start at 11:30 a.m. (1630 GMT) after his new leftist-led government won a parliamentary confidence vote for its refusal to extend an international bailout.The chairman of the meeting, Jeroen Dijsselbloem, said talks will likely be inconclusive."We all know what the big problem is - if the Greeks exit, so can others and that would throw this whole EU thing into disarray," said Kim Forrest, senior equity research analyst at Fort Pitt Capital Group in Pittsburgh.The benchmark S&P index rose to its highest level of the year on Tuesday on hopes negotiations would result in a deal that could help stabilize the euro zone. The ...

Markets - Equity - Americas

TSX steady as market awaits word on Greek talks TORONTO: Canada's main stock index was little changed on Wednesday as the market braced for the outcome of a euro zone finance ministers meeting where a debt deal for Greece will be discussed, while oil company shares dropped as crude prices were again pressured.The meeting between Greek Finance Minister Yanis Varoufakis and his euro zone peers comes after the country's new leftist-led government won a parliamentary confidence vote on its refusal to extend an international ...

Markets - Equity - Americas

US stocks mixed ahead of key Greece meeting NEW YORK: Wall Street stocks were mixed early Wednesday as investors awaited the outcome of a key eurozone meeting at which finance ministers will consider Greece's plan to avoid a debt default.About 30 minutes into trade, the Dow Jones Industrial Average stood at 17,822.07, down 46.69 points (0.26 percent).The broad-based S&P 500 dipped 0.83 (0.04 percent) to 2,067.76 while the tech-rich Nasdaq Composite Index added 10.69 (0.22 percent) at 4,798.33.The early weakness came ahead of ...

Markets - Equity - Americas

TSX little changed as investors hope for Greek deal TORONTO: Canada's main stock index was little changed on Wednesday as investors nervously braced for the outcome of a euro zone finance ministers meeting where Greece's debt issues will be discussed.The Toronto Stock Exchange's S&P/TSX composite index was up 11.52 points, or 0.08 percent, at 15,124.04 shortly after the open.Copyright Reuters, 2015 ...

Markets - Equity - Americas

Wall St little changed ahead of Greek deal talks NEW YORK: US stocks were little changed on Wednesday, a day after the S&P 500 reached its highest level of the year and ahead of a meeting of euro zone finance ministers to discuss plans for Greece's debt.Greek Finance Minister Yanis Varoufakis headed for a showdown with euro zone finance ministers to deal with the nation's debt crisis at a meeting scheduled to start at 11:30 a.m. (1630 GMT) after his new leftist-led government won ...

Markets - Equity - Americas

US stocks up on Greek deal hopes, Coca-Cola earnings NEW YORK: US stocks Tuesday moved higher in early trade on hopes for a deal to avert a Greek debt default and on solid earnings from Coca-Cola and others.About 35 minutes into trade, the Dow Jones Industrial Average was at 17,785.82, up 56.61 points (0.32 percent).The broad-based S&P 500 gained 6.53 (0.32 percent) at 2,053.27, while the tech-rich Nasdaq Composite Index advanced 19.13 (0.40 percent) to 4,745.14.The Greek stock market vaulted eight percent higher on ...

Markets - Equity - Americas

TSX weakens as resource shares stumble TORONTO: Canada's main stock index declined on Tuesday as shares of energy and mining companies slipped with commodity prices, pausing after a recent rally.U.S. crude prices dropped nearly 3 percent, easing after a near-10 percent gain in the previous three sessions. Shares of energy producers shed 3.2 percent.The International Energy Agency predicted more pressure on oil prices, saying that supplies remained elevated and inventories could approach record highs.The weakness offset hopes that Greek debt negotiations ...