Asian stocks rose, driving the regional benchmark index to its longest advance since February, on optimism Greece will avoid default and after U.S. manufacturing unexpectedly expanded at a faster pace in June, lessening risk for bank earnings and exports.
BusinessWeek.com — Finance
European stocks retreated for a fourth day, the longest losing streak in almost three weeks, amid growing concern the economy is weakening. Asian shares declined while U.S. index futures were little changed.
BusinessWeek.com — Finance
U.S. stocks fell a fourth straight week, the longest slump in 15 months, as concern Europe’s debt crisis is worsening overshadowed rallies by commodity producers and a Group of Eight forecast for faster economic growth.
BusinessWeek.com — Finance
Treasuries rose for a fourth week, pushing 30-year bond yields to the lowest level since December, as a plunge in commodities reduced concern inflation will climb and investors sought a refuge from Greece’s debt crisis.
BusinessWeek.com — Finance
European stocks dropped for a fourth day, extending their weekly retreat, as commodities continued their decline. The Stoxx Europe 600 Index lost 0.4 percent to 276.83 at 8:52 a.m. in London, bringing this week’s drop to 2.4 percent.
BusinessWeek.com — Finance
U.S. stock-index futures fell, indicating the Standard & Poor’s 500 Index may slide for a fourth straight day, as oil and metals tumbled.
BusinessWeek.com — Finance
European stocks climbed for a fourth day as better-than-estimated earnings from UBS AG outweighed a report that China tightened capital targets for its biggest banks.
BusinessWeek.com — Finance
Asian stocks rose for the fourth day this week after fewer Americans filed unemployment claims and oil prices eased for the first time in three days.
BusinessWeek.com — Finance
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