Author Archives: MarketGadget

Futures drop on Greek referendum, Asian growth

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MarketGadget – Stock indexes fell on Tuesday an agreement to save Greece and avoid a serious crisis of sovereign debt face a new obstacle and how the Asian economic data reignited fears of a slowdown in global growth.

Greek Prime Minister George Papandreou said that the agreement will save Greece through a referendum, throwing the long-awaited agreement in chaos and sending European stocks down 3.5 percent. Bank stocks in the region fell by 6 percent.

U.S. bank shares were required to follow the European lenders lower. The SPDR Select Sector Financial fell 2.3 percent in the light of pre-market trading.
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U.S. stocks reverse losses, finishing in Choppy Session

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MarketGadget – U.S. stocks high-end market for the session irregular DJIA 10 messages right to change directions

- The euro zone debt worries push indexes lower in early trading, promises to push stocks higher at the end

- Mid-Atlantic manufacturing index shows unexpected increase

NEW YORK – U.S. stocks rose Thursday, zigzagging from loss of income throughout the session, after a series of conflicting reports on the European sovereign debt.

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Europe stocks fall, the result, debt crisis in focus

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MarketGadget – Europe stocks fall, the result, debt crisis in focus ,Actelion, Schneider Electric post steep losses

European stock markets fell Thursday, pressure from concerns that the Heads of State and Government of the Euro-zone have no significant progress in hammering a business was to fight the debt crisis.

The pan-European Stoxx 600 Index XX: SXXP -0.50% to 0.5% to 235.7 in late morning trade, paring knife some of its earlier losses.

Continuing to focus on negotiations between the Government of the European Union, as the debt crisis to solve before a summit in Brussels on Sunday.

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U.S. stock futures point higher careful

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MarketGadget – U.S. stock futures point higher careful EBay slips disappointed because earnings forecast

U.S. stock index futures pointed to a slightly higher start for Wall Street on Thursday, investors digested an apparent nervous eyes Franco-German rift over the efforts of the Euro-zone debt crisis and address an ongoing stream of corporate profits.

The futures rose on the Dow Jones Industrial Average +0.43% DJ1Z by 40 points to 11 484. S & P 500 index futures gained +0.48% SP1Z 5.1 points to 1,211.70, while Nasdaq 100 futures +0.29% ND1Z slightly to 2326 by 8 points.

Greek protesters clash with police
Demonstrations turn violent in Athens, AS protesters throw stones and fire bombs the police before the Greek Parliament. Tens of thousands demonstrate against a vote on new austerity measures.

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Yahoo earnings down 26% uncertainty persists

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MarketGadget – Yahoo Inc. has declined by 26% in its earnings for the third-quarter sales slipped during a period marked by the launch of top executive Carol Bartz of Yahoo and uncertainty on the ability to remain an independent company.

Yahoo YHOO +2.72% said it earned $ 293 million, or 23 cents per share, on revenue of $ 1.07 billion, excluding traffic acquisition costs. In the same period a year ago, Yahoo earned $ 396 million, or 29 cents per share, on $ 1.12 billion in revenue.

Yahoo YHOO
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