Stocks end at 4-month lows (The Dow closed 156 points lower at 12,442 and the S&P 500 closed 20 points lower at 1,305. The FTSE 100 closed 67 points lower at 5,338) Jobless claims steady, mid-Atlantic factories sag U.S. economy still faces “very tough challenges” View Our Detailed Market Summary
Read morePolitical upheaval and the economic developments of the past few months offer a new and, in some sense, radically different view of the current situation and future direction of the EU. We focus our analysis on three such developments, which help us gain insight into the paradoxes of the current European reality. First, it is [...]
Read moreGreece worries weigh on U.S. stocks (The Dow closed 33 points lower at 12,599 and the S&P 500 closed 4 points lower at 1,327. The FTSE 100 closed 32 points lower at 5,405) Housing starts add to recovery signs Industrial output in April rises most in over a year View Our Detailed Market Summary
Read moreCEB’s business executives sentiment index (BESI) inched down from 46.7 in Q1 2012 to 46.4 in Q2 2012. This reading reflects continued cost pressure concerns, which outweighed improved growth outlook. I. The percentage of executives anticipating top-line revenue growth in the next 12 months increased somewhat from 66% to 69%. Executive expectations about growth at industry peers [...]
Read moreU.S. stocks struggle as Europe fears loom (The Dow closed 63 points lower at 12,632 and the S&P 500 closed 8 points lower at 1,331. The FTSE 100 closed 28 points lower at 5,438) April retail sales hint at slower spending pace Foreigners boost buys of long-term U.S. securities View Our Detailed Market Summary
Read moreBanks keep pressure on U.S. stocks (The Dow closed 125 points lower at 12,695 and the S&P 500 closed 14 points lower at 1,339. The FTSE 100 closed 110 points lower at 5,466) Consumer sentiment at 4-year high in early May China Growth Seen at 13-Year Low by Pimco View Our Detailed Market Summary
Read moreU.S. stocks end mixed amid Europe uncertainty (The Dow closed 20 points higher at 12,855 and the S&P 500 closed 3 points higher at 1,358. The FTSE 100 closed 14 points higher at 5,544) U.S. logs first monthly budget surplus in 42 months Drop in jobless claims eases labor market fears View Our Detailed Market [...]
Read moreEuro zone’s economic indicators point to a mild recession in the EU area. Both consumer sentiment and the business climate indicator deteriorated in April. Further, the economic sentiment indicator fell again in April, this time by 1.8%, dropping farther below the neutral mark and reflecting lack of optimism about general economic activities of industrial, service, [...]
Read moreU.S. economic indicators reveal no surprises and continue pointing to a sluggish recovery. As the consumer sentiment declined marginally again in April, the real personal disposable income continued to stagnate: it grew only by 0.6% YoY in March. Real personal consumption expenditures grew only by 1.8% on a year-on-year basis (no change from last month) [...]
Read moreStocks rebound from sharp sell-off (The Dow closed 97 points lower at 12,835 and the S&P 500 closed 9 points lower at 1,355. The FTSE 100 closed 25 points lower at 5,530) Wholesale inventories data points to Q1 GDP downgrade Mortgage applications gained last week View Our Detailed Market Summary
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