Markets


wallstreet-111614_21Nov14-lg.jpg While stocks moved sharply higher at the start of trading on Friday, buying interest waned not long after the open. The major averages subsequently pulled back well off their highs for the session but managed to close in positive territory.
Wallstreet-013013_21Nov14.jpg
After moving sharply higher at the start of trading on Friday, stocks have given back some ground over the course of the session. The major averages have pulled back well off their highs for the session but remain in positive territory.
wallstreet4-103112_21Nov14.jpg
With traders expressing optimism about overseas stimulus, stocks moved sharply higher at the start of trading on Friday. The Dow and the S&P 500 jumped to new record highs, although buying interest has waned since the open.
wallstreet-111814_21Nov14.jpg
Stocks are likely to show a strong move to the upside at the start of trading on Friday, adding to the gains posted in the previous session. The major index futures are currently pointing to a sharply higher open for the markets, with the Dow futures up by 145 points.

wallstreet-101008_21Nov14.jpg

Investors In Buoyant Mood As Draghi Reiterates Pledge



Early indications suggest that Wall Street stocks may open sharply higher on Friday, as traders cling onto their optimism. Asian stocks closed mostly higher earlier in the global trading day, while the European markets are also seeing significant strength following European Central Bank President Mario...
More

Sensex & Nifty Hit Record Highs; Banking Stocks Soar



India's benchmark indexes Sensex and Nifty hit fresh record closing highs on Friday, with banks spearheading the rally after Kotak Mahindra Bank agreed to buy mid-sized lender ING Vysya Bank in an all-share transaction to create India's fourth largest lender. Positive global cues and hopes that the long-pending...
More

Indian Shares Seen Little Changed; Bank Stocks In Focus



Indian shares look set to open on a flat note Friday amid mixed global cues. The rupee's movement will be watched closely after the currency tumbled to a nine-month low yesterday, tracking broad dollar strength on expectations that the U.S. Federal Reserve will probably hike interest rates in 2015. The...
More

Dollar Near 2-Year High Versus Euro As Draghi Talks Tough On Deflation



The dollar rallied versus European rival Friday after European Central Bank President Mario Draghi said policy makers are ready with unprecedented measures if inflation does not pick up. It is feared that the euro zone will enter a dangerous deflationary spiral unless the ECB embarks on full-scale...
More


Luxury Good Makers Push Swiss Market Higher Friday



Swiss stocks advanced Friday, paced by gains among luxury good makers Richemont and Swatch as central bankers in Asia and Europe eased concerns about the global economy. The Swiss Market Index rose 1.01 percent to 9,080.55, its highest in seven years. Despite the advance, Swiss shares were outperformed...
More

TSX Ends Higher After China Rate Cut -- Canadian Commentary



Canadian stocks moved up for a sixth straight session to end at a near two-month high on Friday, driven by a surge in resource stocks as commodity prices spiked after a surprise Chinese interest rate cut and hopes of further stimulus from the European Central Bank. The People's Bank of China in an...
More
Crudeoil-112114_21Nov14.jpg

Crude Oil Ends Higher After China Rate Cut, Draghi Comments



U.S. crude oil ended higher for a second straight session Friday, as China moved to prop up its sagging economy with an unexpected interest rate cut and on comments by European Central Bank President Mario Draghi on additional stimulus, notwithstanding a strong dollar. The People's Bank of China today...
More

Treasuries Close Modestly Higher Amid Overseas Stimulus News



After initially showing a lack of direction, treasuries moved modestly higher over the course of the trading day on Friday. Bond prices crept higher as the day progressed before moving roughly sideways going into the close.
More