Stocks have come under pressure in early trading on Monday, giving back some ground following the rebound seen last week. The major averages have slid firmly into negative territory, although selling pressure has waned since the open.
What will be impact of an earthquake-induced powerful tsunami in the thickly populated eastern Mediterranean region?
Scientists of the University of Bologna in Italy and Aristotle University of Thessaloniki in Greece did a detailed evaluation of the tsunamigenic zones off the cities Sicily and Crete.
Business activity in the Chicago area unexpectedly grew at a slower rate in the month of August, according to a report released by MNI Indicators on Monday. MNI Indicators said its Chicago business barometer dipped to 54.4 in August from 54.7 in July.
On the heels of the rebound seen last week, stocks may move back to the downside during trading on Monday. The major index futures are currently pointing to a lower open for the markets, with the Dow futures down by 168 points.
Eurozone inflation remained unchanged at a very low level in August as further fall in oil prices curbed its ability to move upward. Inflation came in at 0.2 percent in August, the same rate as seen in July and June, preliminary data from Eurostat showed Monday. It was forecast to ease to 0.1 percent. Inflation remains below the European Central Bank's target of 'below, but close to, 2 percent.'
Trading in the U.S. index futures suggests that Wall Street stocks may swoon on Monday, as risk aversion tightens its grip on the markets. With the Chinese market volatility continuing and the uncertainty surrounding a Fed rate hike increasing, traders may be all eyes on a few market moving economic...
Telesta Therapeutics Inc's (TST.TO) Biologics License Application for MCNA for non-muscle invasive bladder cancer has been accepted by the FDA for priority review, and the decision date has been set for February 27, 2016.
Germany's retail sales rebounded in July to grow at the fastest pace in nine months, signaling that consumer spending boosted economic growth at the start of the third quarter. Retail sales advanced 1.4 percent on a monthly basis in July, Destatis reported Monday. This was the fastest growth since October 2014, when sales climbed 1.8 percent.
The European markets are poised to open lower on Monday as China concerns lingered and the prospects of a rate increase by the Federal Reserve put investors in a defensive mood. Additionally, uncertainty surrounding elections in Greece intensified after President Prokopis Pavlopoulos signed a decree...
Following the volatility seen over the past several sessions, stocks turned in a lackluster performance during trading on Friday. The major averages spent much of the day bouncing back and forth across the unchanged line before closing roughly flat.
On the tenth anniversary of Hurricane Katrina's devastating impact on the Gulf Coast, the results of a new CNN/ORC International poll found that Americans are divided on whether the country is better prepared for natural disasters.
Jeb Bush received a high-profile endorsement in his race for the Republican presidential nomination on Thursday, as former House Majority Leader Eric Cantor, R-Virg., announced his support for the former Florida Governor.
Facing some criticism for his lack of foreign policy credentials, Wisconsin Gov. Scott Walker delivered an aggressive speech as part of his campaign for the Republican presidential nomination on Friday.
After initially showing a lack of direction, stocks have continued to experience choppy trading over the course of the session on Friday. The lackluster performance comes on the heels of the substantial volatility seen in recent sessions.
As tropical storm Erika approaches, Florida declared a state of emergency. The storm is expected to hit on late Sunday or early Monday, probably at the southern part of the State.
The state Governor Rick Scott attended a briefing at the State Emergency Operations Center in Tallahassee, before issuing...