China has said it is willing to assist Europe in its current financial crisis, but investors shouldn't mistake its role as a supporter for that of a savior.
A resolution of the Euro-zone debt crisis stands to spark a big rally in global securities. US markets need help from the economic indicators, i.e. - no recession...
Germany's Chancellor Angela Merkel and France's President Nicolas Sarkozy said they planned to address Greece's financial woes and the "structural defects" of the 17-nation euro-zone by November.
The Italian Parliament definitely cleared on Wednesday a 54-billion-euro emergency budget plan aimed at balancing public finances by 2013 to shield the country from the risk of a debt crisis.
The market is responding to news that the government won't shut down, and is also hoping for a euro-zone debt crisis solution. Lower prices for stocks is likely.
Stocks pushed higher for the fourth consecutive day as the market hinges hopes that the euro crisis could be easing. Economic data in the U.S., however, showed more softness.
US stock futures point to a higher open Thursday after Germany's lower house of parliament voted to approve enhanced powers for the European Financial Stability- the Euro Zone's Bailout fund.
Gold ended marginally lower but downside was limited as the Dollar softens on Thursday due to sluggish claims data. Silver prices rallied on Thursday. The International Monetary Fund trimmed its forecast for global economic growth this year, citing recent weakness in the United States. But the IMF said growth prospects for next year remain undimmed, despite Greece's debt crisis and recent volatility in Chinese financial markets.
The Euro strengthened after Greece proposed reforms similar to those demanded by creditors in return for a financial bailout, boosting the chances the nation will remain in the currency union and reviving risk appetite.
Stocks fell over 2 percent today as investors worry that an indecisive EU and IMF will let Greece collapse, and Republicans are up in arms over the President's class warfare plan.
Stocks are turning lower today as investors renew concerns over Europe's debt crisis. Amazon, however, made a splash with its latest Kindle and is expected to be a threat to Apple.
Stocks fell lower today, extending Septembers losing streak. Financial stocks once again led decliners as the European Unions deteriorating crisis retakes center stage.
European debt crisis plus the possibility of a U.S. recession are combining to produce a major buying opportunity at current levels, or a plunge below DJIA 10,000.
Wall Street continues rally as investors regain hope on a resolution in Europe and the U.S. staves off another shutdown risk. Commodities also rebound after major drops.
Financial stocks were mixed on Friday with the major banks sliding on European debt woes and credit companies ticking higher on news of consumer confidence that outshined expectations.
The European Union's financial crisis and bailout strategy of Greece has been a cause for concern. Elsewhere, Netflix shares fall further on news of split up growth plan.
The market is being pushed closer and closer to the edge of an economic cliff. What can investors do about it to avoid the proverbial fall and actual decline of investments?
The Aug. - Sept. consolidation between DJIA 10,600 and 11,740 stands to be a base for a surge, or way station leading to a drop below DJIA 10,000 (S&P:1050).
The broader energy sector sunk today as debt concern and a rising dollar pushed shares of major oil companies lower. At $87 a barrel some analysts are worrying major companies will engage in fewer projects in the upcoming months.