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Apr 15, 2015

Wall St up on earnings, oil surges

NEW YORK, April 15 (Reuters) – U.S. stocks rallied
following several strong earnings reports on Wednesday, while
European shares hit a 14-year high after the European Central
Bank affirmed its loose policy stance.

Oil rose sharply after U.S. government data showed crude oil
inventories rose less than expected last week.

Apr 15, 2015

Europe shares rally on ECB; Wall St up on earnings

NEW YORK (Reuters) – European shares hit a 14-year high and the euro fell on Wednesday after the European Central Bank affirmed its loose policy stance, while U.S. stocks rallied after several strong earnings reports.

Weak data out of China bolstered expectations of additional monetary stimulus that would likely help risk assets such as equities.

Apr 15, 2015

Europe rallies on ECB; Wall St. up on earnings

NEW YORK (Reuters) – European shares hit a 14-year high and the euro fell on Wednesday after the European Central Bank affirmed its loose policy stance, while U.S. stocks rallied after several strong earnings reports.

Weak data out of China bolstered expectations of additional monetary stimulus that would likely help risk assets such as equities.

Apr 15, 2015
via Morning Bid with David Gaffen

MORNING BID – Stock-Market Daredevil

Whatever Netflix ends up reporting after the close, it’s likely to provoke some kind of market reaction, judging by recent moves in the shares after it has reported results. In its most recent quarter, Netflix beat expectations handily and saw its shares rise 32 percent in the seven days that followed. The quarter before was a modest disappointment and the stock tumbled 18.5 percent in the following seven days.

Overall, the company has exceeded results in six of the last eight quarters and continues to show ongoing growth that may accelerate as the company becomes even more embedded as a cog in the perpetual-motion-machine that is Marvel Entertainment; it has the “Daredevil” series that just dropped, to be followed by three others and a release schedule that probably extends into 2044 by now.

Apr 15, 2015
via Morning Bid with David Gaffen

Stock market daredevil

Whatever Netflix ends up reporting after the close, it’s likely to provoke some kind of market reaction, judging by recent moves in the shares after it has reported results. In its most recent quarter, Netflix beat expectations handily and saw its shares rise 32 percent in the seven days that followed. The quarter before was a modest disappointment and the stock tumbled 18.5 percent in the following seven days.

Overall, the company has exceeded results in six of the last eight quarters and continues to show ongoing growth that may accelerate as the company becomes even more embedded as a cog in the perpetual-motion-machine that is Marvel Entertainment; it has the “Daredevil” series that just dropped, to be followed by three others and a release schedule that probably extends into 2044 by now.

Apr 10, 2015

World stocks reach milestones, dollar gains

NEW YORK, April 10 (Reuters) – World equity markets tested
record highs on Friday on hopes of more stimulus from top
central banks, while the dollar strengthened on favorable
government debt yields compared to those of most other developed
countries.

Wall Street scored solid gains after U.S. conglomerate
General Electric Co. said it plans to sell assets and buy
back up to $50 billion of its stock. This propelled GE shares to
their highest since September 2008, ending up 10.8 percent at
$28.51 in heavy volume.

Apr 10, 2015

Global Markets – Nikkei tops 20,000, European shares hit 15-yr high

NEW YORK (Reuters) – World equity markets tested record highs on Friday as hopes of more easy money from top central banks pushed Japan’s Nikkei index past 20,000 points for the first time in 15 years.

The dollar added to recent gains, moving it toward parity with the euro, boosted by favorable bond yields in the United States compared with Europe.

Apr 10, 2015

Nikkei tops 20,000, European shares hit 15-year high

NEW YORK (Reuters) – World equity markets tested record highs on Friday as hopes of more easy money from top central banks pushed Japan’s Nikkei index past 20,000 points for the first time in 15 years.

The dollar added to recent gains, moving it toward parity with the euro, boosted by favorable bond yields in the United States compared with Europe.

Apr 9, 2015

Europe, U.S. shares rise, dollar strengthens

NEW YORK, April 9 (Reuters) – World equity markets rose on
Thursday, led by European exchanges after stronger-than-expected
German economic figures and Greece’s repayment of a 450 million
euro loan to the International Monetary Fund.

The dollar added to recent gains, on a continued reaction to
more hawkish comments from Federal Reserve officials suggesting
that a June interest-rate increase could still be a possibility.
U.S. bond yields were also higher, after a weak sale of 30-year
Treasury bonds.

Apr 9, 2015

Greece to repay IMF, European stocks at seven-year high

LONDON/NEW YORK (Reuters) – World equity markets rose on Thursday, lifted after Greece confirmed it will pay a 450 million euro loan tranche to the International Monetary Fund and on growing expectations the U.S. Federal Reserve will not raise interest rates until the latter part of the year.

European markets also strengthened on German industrial output and trade data, which showed the continent’s largest economy improving in February.

    • About David

      "David Gaffen oversees the U.S. markets team, having joined Reuters in May 2009. He spent four years at the Wall Street Journal, where he was the original writer of the web site's MarketBeat blog. He is a frequent guest on Reuters TV, and has appeared on CNN International, Fox Business, NPR, and assorted other media and is the author of the book "Never Buy Another Stock Again.""
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