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25 November 2011 0 Comments

Stocks suffer worst week in 2 months on Europe woes (Reuters)

(Reuters) – Stock index futures pointed to a weaker open for equities on Wall Street on Friday, with futures for the S&P 500, for the Dow Jones and for the Nasdaq 100 down 0.3 to 0.7 percent. U.S. stock markets were closed for the Thanksgiving holiday on Thursday and will be open on Friday morning [...]

15 October 2011 0 Comments

U.S. budget gap widens, tops $1 trillion for third year (Reuters)

WASHINGTON (Reuters) – The U.S. budget gap widened slightly in fiscal 2011, staying above $ 1 trillion for a third straight year and providing fodder for a political battle over taxes and spending ahead of next year’s presidential election. The Treasury Department report on Friday comes just over two months after an epic showdown over [...]

8 October 2011 0 Comments

Earnings on deck as Europe eyed (Reuters)

NEW YORK (Reuters) – Investors tiring of the euro zone’s debt crisis dragging the market all over the place are hoping to focus on something else next week — earnings. But will third-quarter results be enough to drive the S&P 500 higher? Or will Europe’s woes get in the way? The unofficial start of earnings [...]