Stock:
Symbol Lookup
Register | Login
...
History
...
...

Pre Market | Dow Jones | Gold | Newsletters | Learn


U.S. Stocks Steady, European Stocks Shed Losses to Turn Higher

Friday, March 22, 2013 12:02 PM
U.S. stocks traded firmly in green territory by midday trade on Friday as concerns over Cyprus’s debt crisis eased significantly after Cypriot Parliament called an emergency meeting on Friday. The meeting is apparently aimed at reaching a bailout deal with the EU before the deadline ends on Monday. The news also overshadowed weak German business sentiment data with most European indexes turning into green territory. At last check, the Dow Jones Industrial Average Index gained 0.56%; the NASDAQ Composite Index edged up 0.41% while the S&P 500 Index advanced 0.58% Shares of Tiffany & Co. (NYSE: TIF) gained about 2% by midday trading after the upscale jewelry retailer posted better than expected fiscal fourth quarter results. The New York based Company also provided strong sales and earnings guidance for the current fiscal year. For the recently concluded quarter, sales were particularly robust in Asia while Europe also showed a reasonable revenue growth in spite of macroeconomic weakness. Shares of Darden Restaurants Inc. (NYSE: DRI) edged up after the company’s quarterly results came in-line with downwardly revised Wall Street’s forecast as Americans remained reluctant to spend on discretionary items after increase in payroll taxes and jump in gasoline prices. Shares of Zynga Inc. (NASDAQ: ZNGA) climbed about 2.40% by midday trade after the social game maker announced late last evening that it has re-launched its own website Zynga.com, which would allow players to directly sign in to its games without logging onto Facebook (NASDAQ: FB). In Germany, the Ifo Index, a measure on business confidence fell unexpectedly in March. This was the first drop in last five months.
PRINT

FREE Options Trading Lessons
I'll show you how to unlock HUGE Gains with Options Trading
Let's make 2014 the year you get RICH!
Weekly Highlights: Apple's iTime Patent, Amazon's Fire Phone Suppliers And MoreWeekly Highlights: Apple's iTime Patent, Amazon's Fire Phone Suppliers And More
This wasn`t the most exciting week in tech news, but there were a few notable developments. First and foremost, Apple (NASDAQ: AAPL ) was granted a patent that might have exposed the specs for it...
Facebook Stands Apart In Social Media ETFFacebook Stands Apart In Social Media ETF
Social media stocks have undergone a transformation -- from Wall Street darlings to highly-scrutinized organizations.  An accumulation of users is no longer the driving force behind the cache of a s...
Amazon Heavy On Markets And This ETFAmazon Heavy On Markets And This ETF
ETF Outlook for Friday, July 25, 2014 The three major indices closed yesterday essentially flat, each within 0.1 percent of its Wednesday close. The ho-hum day was a battle among bears who cheered ...
#PreMarket Primer: Friday, July 25: Russia Accused Of Actively Engaging Ukraine#PreMarket Primer: Friday, July 25: Russia Accused Of Actively Engaging Ukraine
On Thursday, the US accused Russia of firing across its border in an attempt to take out Ukrainian military posts in what are the most serious allegations that Moscow is fueling the conflict in Ukrain...
Markets Steady Despite Mixed Economic DataMarkets Steady Despite Mixed Economic Data
U.S. stocks were little changed as economic data came in mixed. The Commerce Department reported that new home sales fell in the month June, while initial jobless claims came in better than expected...
U.S. Markets Trade Flat; Liberty Media Shares Surge On Senior Note Conversation Rate ChangeU.S. Markets Trade Flat; Liberty Media Shares Surge On Senior Note Conversation Rate Change
Entering into the last 60 minutes of trading on Thursday, the Dow traded down 0.05 percent to 17,078.62 while the NASDAQ traded flat, up 0.03 percent to 4,472.28.  The S&P rose, gaining 0.03 perce...
Canaccord Comments On Facebook Following Q2 EarningsCanaccord Comments On Facebook Following Q2 Earnings
In a report published Thursday, Canaccord analyst Michael Graham stated that Facebook`s (NASDAQ: FB ) second-quarter earnings report confirmed that the company is still in the early stages of monet...
U.S. Markets Edge Higher; Facebook Shares Surge On Upbeat ResultsU.S. Markets Edge Higher; Facebook Shares Surge On Upbeat Results
Midway through trading Thursday, the Dow traded up 0.11 percent to 17,105.00 while the NASDAQ surged 0.21 percent to 4,483.11. The S&P also rose, gaining 0.19 percent to 1,990.84. Leading and L...
Facebook Higher On Another 'Beat And Raise,' Analysts Boost EstimatesFacebook Higher On Another 'Beat And Raise,' Analysts Boost Estimates
Facebook (NASDAQ: FB ) shares opened sharply higher Thursday on another "beat and raise" quarter and analysts boosted their forecasts. "The company is still very early in monetizing its user base"...
3 Reasons Why Crowdfunding Is The Investment Tool Of Millennials3 Reasons Why Crowdfunding Is The Investment Tool Of Millennials
In case you haven`t heard about the vast amounts of money raised online for Pebble , Oculus Rift  or potato salad , Internet crowdfunding is kind of a big deal. Both the Internet and the JOBS Ac...

Loading Headlines...
 

Stock Market

Track the stock market today with the latest news and information on all things investing! Watch your stocks perform throughout the day and watch the breaking stock market news.

Feedback | disclaimer | privacy policy

Stock Market News

The Stock Market is ever changing. Keep up on your stock market news.

Stock Market Newsletters

Read up on your favorite stock market newsletters.


Learn the Stock Market

Sharper your stock trading skills with our stock market education section.