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Top Stories Earnings Watch: Updates, advisories and surprises A roundup of the latest corporate earnings reports and what companies are saying about future quarters.
Tech Stocks: Tech stocks active ahead of Facebook debut Social networking giant ready to start trading at $38 a share; Yahoo reportedly in deal to sell at least some of its Alibaba assets back to the Chinese e-commerce company.
Metals Stocks: Gold futures trade higher as dollar weakens June gold is back on the rise, within hailing distance of $1,600, as the dollar turns lower following a long winning streak for the greenback.
Europe Markets: Europe stocks choppy after Spain bank downgrades Europe stocks traded choppy with losses for miners and drinks makers, while banks rebounded from earlier losses related to a downgrade of Spanish banks by Moody’s Investors Service late the prior day, amid talk of a ban on short selling of those institutions.
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No, I’m not talking about the movie, although, the market action was almost as bizarre. It’s not that Hungary’s new Prime Minister Victor Orban was misquoted, but officials did say that the meaning behind his comments that the economy was left in a “grave” situation and that talk of the country potentially defaulting on its sovereign debt as not being an “exaggeration” were misinterpreted. Initially, the comments were taken as suggesting that ... full story >>