Stocks surged in trading on Friday as market sentiment was lifted by better than expected nonfarm payrolls data. All three major indexes finished the day near session highs. The Dow Jones ended the day...
The U.S. dollar edged higher against major rivals as traders digested stronger than expected nonfarm payrolls data for the month of June. The figures released by the Labor Department showed that the U.S. economy...
The euro edged lower against the U.S. dollar on Wednesday as news of resignation of several cabinet ministers from the Portuguese government, fanned fears over possible reemergence of the debt crises in the troubled...
Stocks ended on a mixed note on the final trading day of June and the second quarter of 2013. June turned out to be an extremely volatile month for equities as concerns over the...
The U.S. dollar rose sharply against the yen but fell against the euro as investors took new positions on the last day of the month and second quarter of the year. However, the dollar...
U.S. stocks rallied across-the-board by mid-day trade on Thursday as the sentiment was bolstered by dovish comments from a top Fed official while a series of strong economic data releases also increased investors’ risk...
The U.S. dollar index eased slightly on Thursday as downwardly revised U.S. first-quarter GDP data, released in the previous session cast a shadow of doubt over the state of the world’s largest economy. The...
The euro fell to its three-month low against the U.S. dollar on Wednesday after the European Central Bank’s President Mario Draghi reaffirmed the bank’s commitment to accommodative monetary policy measures, citing downside risks to...
Stocks fluctuated between gains and losses before finishing on a mixed note in a volatile trading session on Friday. Market sentiment, however, remains weighed down amid concerns over the Federal Reserve’s bond buying program....
The U.S. dollar index recoiled from its two-week high on Friday but was still on course to log its best weekly performance in last 12 months as global investors sought safety in the U.S....