02132016Sat
Last update: Sat, 13 Feb 2016 03pm

Americas

Markets - Equity - Americas

US stocks rise, joining global rally NEW YORK: US stocks rose early Tuesday, joining a global rally as slower growth in China fueled speculation of more government stimulus in the world's second-biggest economy.Thirty minutes into trade, the Dow Jones Industrial Average stood at 16,101.45, up 113.37 points (0.71 percent).The broad-based S&P 500 rose 11.87 (0.63 percent) to 1,892.20, while the tech-rich Nasdaq Composite Index gained 26.81 (0.60 percent) at 4,515.22..The stock market was closed Monday for a public holiday.China's gross domestic product (GDP) expanded 6.9 percent in 2015, official data showed Tuesday, which was the slowest growth since 1990 but met analysts' expectations.Analysts cited speculation of more Chinese stimulus as a driver of stock buying globally, as well as the bounce from a bruising open to 2016 that has left the S&P 500 down about eight percent for the year.Delta Air Lines rose 2.7 percent after reporting fourth-quarter earnings of $980 million, compared with a loss ...

Markets - Equity - Americas

TSX rises as China's data supports sentiment TORONTO: Canada's main stock index rose on Tuesday after China's GDP data boosted sentiment for global markets, including gains for energy stocks as Brent crude oil prices rallied after data showed Chinese oil demand likely hit a record high in 2015.The Toronto Stock Exchange's S&P/TSX composite index was up 147.68 points, or 1.24 percent, at 12,089.85, shortly after the open.All 10 of the index's main groups were in positive territory.Copyright Reuters, 2016 ...

Markets - Equity - Americas

TSX falls as energy stocks weigh TORONTO: Canada's main stock index fell on Monday as energy shares exerted further pressure on the overall index after crude oil prices hit 2003 lows, while Suncor Energy Inc slipped after upping its offer for Canadian Oil Sands Ltd.The pair of oil companies were among the most influential movers on the index, with Canadian Oil Sands surging 12 percent to C$8.38 and Suncor off 3.8 percent at C$30.04.Another major producer, Canadian Natural Resources Ltd , ...

Markets - Equity - Americas

Moscow stocks drop as ruble edges toward new record low MOSCOW: Moscow stocks dropped over six percent on Friday and Prime Minister Dmitry Medvedev acknowledged "serious risks" for Russia's budget as the energy-dependent economy reels from plunging oil prices and the ruble nears a historic low.The dollar-denominated RTS index fell as much 6.25 percent, while the ruble-denominated Micex slumped 4.73 percent, as 12-year low oil prices compounded existing economic woes for oil-dependant Russia. By the time of closing, both indices rallied slightly, with the RTS ...

Markets - Equity - Americas

US stocks plunge on worries about oil, China NEW YORK: US stocks sank Friday, with the Dow and S&P 500 briefly falling over 3.0 percent as a global rout worsened due to falling oil prices and worries about China.Selling was heaviest in oil shares, financials and tech stocks, which sent the Nasdaq tumbling more than 4.0 percent before it recovered slightly.Near 1745 GMT, the Dow Jones Industrial Average was at 15,898.30, down 480.75 points (2.94 percent).The broad-based S&P 500 fell 57.42 (2.99 percent) ...

Markets - Equity - Americas

US stock rally raises hopes markets will steady NEW YORK: US stocks staged a rally Thursday, shaking off early losses as a bounce in oil prices lifted sentiment and helped propel a 1.7 percent gain in the S&P 500. The advance in the US marked a partial recovery from an ugly session Wednesday that left US markets sharply lower on worries about the oil rout and slowing global growth.The Wall Street rebound cut short a chain of market losses in Tokyo, Hong Kong ...

Markets - Equity - Americas

TSX jumps as oil price gains drive up energy shares TORONTO: Canada's main stock index rose on Thursday as a rally in crude oil prices helped the battered energy sector rebound, while financial stocks saw more modest gains amid speculation the Bank of Canada will cut its key interest rate next week. The Toronto Stock Exchange's S&P/TSX composite index unofficially closed up 165.49 points, or 1.36 percent, at 12,335.90. Nine of the 10 main sectors on the index were higher.Copyright Reuters, 2016 ...