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Jun 10, 2015

Stocks halt selloff, Treasury yields spike

NEW YORK, June 10 (Reuters) – U.S. shares rebounded sharply
on Wednesday in the S&P’s 500′s best day in more than a month,
while longer-dated U.S. Treasury yields rose to their highest in
more than seven months, tracking a selloff in German Bunds.

Oil prices rallied for a second day, helping U.S. equities
along with hopes for strong U.S. data and progress on Greece’s
debt crisis.

Jun 10, 2015

Global stock markets halt selloff; Greece hopes lift Wall Street

NEW YORK (Reuters) – U.S. and European shares rebounded after several down days on Wednesday on hopes for progress around an expected meeting between Greek, German and French leaders on Greece’s debt crisis, while oil rose for a second day.

The dollar fell against the yen and the euro and U.S. Treasury yields tracked German Bund yields higher, also helping to drive U.S. equities up.

Jun 10, 2015

Stock markets halt selloff; Greece hopes lift Wall St.

NEW YORK (Reuters) – U.S. and European shares rebounded after several down days on Wednesday, with Wall Street surging on a report that Germany may be satisfied with Greece committing to at least one economic reform in return for aid.

The German government may settle for a clear commitment by Greece to a measure upfront to unlock aid, Bloomberg reported, citing two people familiar with Germany’s position.

Jun 9, 2015

Wall Street closes flat as investors ponder interest rates, Greece

NEW YORK, June 9 (Reuters) – U.S. stocks ended Tuesday
virtually unchanged after a choppy trading day with investors
hesitant to make bets while a sharp increase in oil prices
failed to boost energy stocks.

The benchmark S&P 500 index’s best performer was the
consumer staples sector, which is seen as a defensive
bet because consumers still buy basics even in a downturn.

Jun 9, 2015

Wall Street edges up slightly as oil prices rise

NEW YORK, June 9 (Reuters) – U.S. stocks rose slightly on
Tuesday, bouncing back partially from the previous day’s decline
as higher oil prices helped energy shares, but the dollar
slipped on global economic concerns.

Crude oil prices jumped more than 3 percent as bulls ramped
up bets across the oil complex for another weekly drop in U.S.
stockpiles.

Jun 9, 2015

China, Greece concerns drag on Europe, U.S. stocks

NEW YORK (Reuters) – European shares fell on Tuesday on weak economic data out of China and uncertainty about Greece’s debt negotiations while U.S. stocks were a mixed bag with the Nasdaq falling furthest.

China reported soft inflation data that suggested the world’s second-biggest economy was still struggling, even through Beijing is expected to add more policy stimulus.

Jun 8, 2015

Global stocks fall on Greece, rate concerns; U.S. dollar dips

NEW YORK (Reuters) – U.S. and European stocks declined as investors fretted about Greece and timing of a U.S. rate hike, while the dollar fell after a wire service report, denied by President Barack Obama, that claimed to cite remarks by him on the greenback’s strength.

The pan-European FTSEurofirst 300 index .FTEU3 finished down 0.7 percent as investors awaited news on the fate of Greece, while the U.S. benchmark S&P 500 index .SPX fell 0.2 percent as investors bet on an interest rate hike in September by the Federal Reserve after a rosy jobs report Friday.

Jun 8, 2015

Stocks fall on Greece, rate concerns; U.S. dollar dips

NEW YORK, June 8 (Reuters) – U.S. and European stocks
declined as investors fretted about Greece and timing of a U.S.
rate hike, while the dollar fell after a wire service report,
denied by President Barack Obama, that claimed to cite remarks
by him on the greenback’s strength.

The pan-European FTSEurofirst 300 index finished
down 0.7 percent as investors awaited news on the fate of
Greece, while the U.S. benchmark S&P 500 index fell 0.2
percent as investors bet on an interest rate hike in September
by the Federal Reserve after a rosy jobs report Friday.

Jun 3, 2015

Cousins Properties news provides glimmer of hope for Houston real estate

June 3 (Reuters) – Cousins Properties’ renewal of a
Houston office lease with oil services company Transocean Ltd
pushed Cousins’ shares up on Wednesday and
gave modest support to other real estate companies that have
been under pressure due to declining oil prices.

Cousins shares rose 5.3 percent to $10.36 putting it on
track for its highest percentage gain since November 2011 with
trading volume rising to 6.9 times its 10-day moving average.

Jun 2, 2015

U.S. equities helped by weak dollar; inflation lifts euro

NEW YORK (Reuters) – U.S. stocks rose on Tuesday helped by the dollar’s decline and bond yields rose while investors searched for clarity on Greece’s debt crisis.

The euro rose more than 2 percent against the dollar, after an above-forecast rise in euro zone inflation pushed the currency through the $1.10 resistance point.

    • About Sinead

      "Sinead is a telecommunications industry correspondent. Her coverage area spans U.S. service providers, cellphone makers and chip makers. Before joining Reuters in 2002, she covered technology and telecoms for various trade publications."
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