Home Prices Rise, but No Signs of a Sustained Recovery
U.S. single-family home prices rose more than expected in May, still reflecting robust spring sales spurred by homebuyer tax credits, Standard & Poor’s/Case Shiller home price indexes showed Tuesday. Click here to read the full story
Read more..Asia Markets: Chinese real estate won’t crash, analysts say
Chinese property prices begin to cool, there are early signs that a drop in prices is boosting demand. Click here to read the full story
Read more..World shares retreat after Wall Street tumble (AP)
World stock markets fell Monday after U.S. consumer confidence plunged and corporate results fell short of expectations, signs the world s biggest economy may be in danger of falling back into recession. Click here to read the full story
Read more..BP’s Capped Well Holds as Waiting Period Ticks By
BP said its capped-off well appeared to be holding steady Friday, about midway into a white-knuckle waiting period in which engineers watched the pressure gauges for signs of a leak. Click here to read the full story
Read more..Japan Machinery Orders Slide on Recovery Doubts
Japanese machinery orders tumbled by the most in almost two years, suggesting a corporate spending recovery could be delayed as companies turn cautious due to signs of a slowdown in global growth and worries about a rising yen. Click here to read the full story
Read more..Wall St up on China IPO and euro zone banks
NEW YORK (Reuters) - U.S. stocks rose at the open on Tuesday, following five sessions of declines, on signs of strength in Europe’s banking system and ahead of a $22 billion initial stock offering by the Agricultural Bank of China, set to be the biggest-ever IPO. Click here to read the full story
Read more..Wall St grinds higher in light session
NEW YORK (Reuters) - U.S. stocks ground higher in another lightly traded session on Friday, ending a nervous week with gains despite signs of economic weakness at home and worries about public debt in Europe. Click here to read the full story
Read more..Tame Inflation Signs Boost Stock Futures (at The Wall Street Journal)
Stock Futures Rise Stock futures edged higher after data showed U.S. import prices had their biggest decline in almost a year in May, in the latest sign that inflation remains tame. Click here to read the full story
Read more..Stocks look to Europe and U.S. economy
NEW YORK (Reuters) - Stock investors will keep a close eye on Europe this week, looking for signs the debt crisis may be stabilizing, while industrial production, housing starts and inflation data may offer more clues on the U.S. economic outlook. Click here to read the full story
Read more..Europe and economic data to call stocks’ tune
NEW YORK (Reuters) - U.S. stock investors will keep a close eye on Europe next week, looking for signs the debt crisis may be stabilizing, while industrial production, housing starts and inflation data may offer more clues on the U.S. economic outlook. Click here to read the full story
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