Trading in the U.S. index futures suggests that Wall Street stocks may open higher, as traders seek bargains following the previous session's pullback. However, with the Greek crisis still unresolved, any optimism could only be muted. Among the global markets, Asian stocks closed on a mixed note, while...
The European markets are likely to open flat-to-higher on Tuesday as Greece prepares to present new proposals to its international creditors. Energy stocks, however, may come under selling pressure after U.S. crude prices slumped nearly 8 percent in overnight trading, pressured by heightened fears of...
South Korean conglomerate Samsung Electronics Co. Ltd. said Tuesday that it expects its second quarter operating profit to decline 4 percent year-over year and sales to fall 8 percent, reflecting continued weakness in the company's flagship handset business. However, both operating profit and sales are projected to grow sequentially.
Shares of Versartis Inc. (VSAR) rose more than 29% on Monday as investors welcomed the news of the removal of FDA partial clinical hold on the company's Investigational New Drug Application for VRS-317 in growth hormone deficiency children.
With traders reacting negatively to the outcome of the weekend's referendum in Greece, stocks moved mostly lower during trading on Monday. During the session, the Dow hit its lowest intraday level in five months.
U.S. crude oil plummeted to end at a more than two-month low for a third straight session on Monday, on demand growth concerns after Greek voters rejected a bailout offer proposed by its international creditors with an increasing likelihood of an exit from the eurozone.
Oil prices were also impacted...
Gold futures snapped a three-day loss to end higher on Monday, after Greece rejected the bailout plan demanded by its international creditors with an increasing likelihood of the country exiting the eurozone. European Council President Donald Tusk has convened a special Euro summit meet on July 7, to...
GoPro has just launched a facile camera, its smallest and lightest yet, as the action-camera sports maker seeks to further entice its adventure-seeking consumers.
Oreo, the popular two chocolate wafers with a sweet crème filling in between has now got a new look. With about half the width of the regular Oreo, the new Oreo Thins will be thinner and slightly reduced in calorie. It will be available from July 13 with no change in its cookie taste and price tag.
After falling sharply at the open, stocks have shown a significant recovery attempt over the course of morning trading on Monday. The major averages have climbed well off their lows for the session and are now lingering near the unchanged line.
Activity in the U.S. service sector expanded at a modestly faster rate in the month of June, according to a report released by the Institute for Supply Management on Monday, although the index of activity in the sector rose by slightly less than expected.
EU leaders await proposals from Greece Prime Minister Alexis Tsipras after the public voted against conditions placed by creditors. European Council President Donald Tusk has convened a special Euro Summit on July 7 to discuss the situation after the referendum in Greece. Ahead of the Euro summit, German Chancellor Angela Merkel and French President Francois Hollande are set to hold talks in Pari
Following the latest news out of Greece, stocks are likely to come under pressure in early trading on Monday. The major index futures are currently pointing to a sharply lower open for the markets, with the Dow futures down by 163 points.
The United States has become the first nation to win the FIFA Women's World Cup football championship for the third time by thrashing Japan 5-2 Sunday, avenging its 2011 final defeat to the Nadeshiko. The Americans, the 1991 and 1999 champions, ended their 16-year Cup drought in the most emphatic manner with a hat trick by Captain Carli Lloyd.
The seven-goal thriller was the highest scoring Wome
Germany's factory orders decreased for the first time in three months in May reflecting the weakness in domestic market. Factory orders fell 0.2 percent month-on-month in May, in contrast to a 2.2 percent increase in April, which was revised up from a 1.4 percent growth, Destatis reported Monday.