Stocks rose, sending the Standard & Poor’s 500 Index to its biggest three-day gain since March, and Treasuries fell after Greece passed austerity measures and banks rallied as the Federal Reserve relaxed restrictions on debit- card transaction fees. Oil surged, and the dollar dropped.
BusinessWeek.com — Finance
Stocks rose, sending the Standard & Poor’s 500 Index to the biggest three-day rally since March, after Greece passed austerity measures, pending home sales climbed and Monsanto Co. beat revenue estimates. Oil surged while the dollar declined.
BusinessWeek.com — Finance
European stocks rallied the most in three months as Greek lawmakers passed a package of austerity measures needed to secure the next tranche of European Union financial aid.
BusinessWeek.com — Finance
U.S. stocks rose, sending the Standard & Poor’s 500 Index higher for a third straight day, after Greek austerity measures needed to win European bailout funds passed in that country’s parliament.
BusinessWeek.com — Finance
European stocks rose for a third day amid speculation that Greek lawmakers will pass an austerity plan needed to avoid default. Asian shares advanced while U.S. index futures were little changed.
BusinessWeek.com — Finance
European stocks closed little changed as Greek lawmakers debated austerity measures needed to secure more aid and stave off default.
BusinessWeek.com — Finance
European stocks fluctuated near a three-month low as Greek lawmakers prepared to debate austerity measures needed to secure more aid and stave off default. U.S. index futures climbed while Asian shares fell.
BusinessWeek.com — Finance
The U.S. should stop kicking “the can down the road” and implement fiscal austerity measures so the economy can fully recover from the financial crisis, according to Pacific Investment Management Co.’s Neel Kashkari.
BusinessWeek.com — Finance
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