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Futures flat after weak Japanese economic data
Aug 13th, 2012
NEW YORK (Reuters) - Stock index futures were flat on Monday after a six-day winning streak for the S&P 500 as investors weighed expectations for more central bank stimulus after Japan showed economic weakness. As traders speculated the market was pausing from its rally, data showed Japan's economy expanded just 0.3 percent in April-June, half the pace expected, raising doubts about the strength of the recovery. Meanwhile, Europe's debt crisis weighed on worldwide demand. Global economic weakness has kept alive investors' hopes for stimulus actions from central banks. ... (Source: Reuters) -
NEW YORK (AP) - The momentum of a late sell-off on Wall Street is carrying through for a second day, with U.S. futures and global stock markets in retreat. (Source: Associated Press)... [Full Article]
By Rodrigo Campos NEW YORK (Reuters) - Stock index futures were little changed on Tuesday after the S&P 500 hit yet another intraday record in the previous session, with markets expected to drift sideways ahead of Congressional testimony from Fed chairman Ben Bernanke on Wednesday. The U.S. economic calendar is thin and the market will continue... [Full Article]
TOKYO (AP) - A steady fall in the value of the yen is proving a godsend for exporters such as Toyota. The cheaper yen is making their products more affordable overseas. (Source: Associated Press)... [Full Article]
KATMANDU, Nepal (AP) - An 80-year-old Japanese man who began the year with his fourth heart operation became the oldest conqueror of Mount Everest on Thursday, a feat he called "the world's best feeling" even with an 81-year-old Nepalese climber not far behind him. (Source: Associated Press)... [Full Article]
By Stanley White and Leika Kihara TOKYO (Reuters) - The Bank of Japan kept policy steady on Wednesday despite concerns over recent volatility in bond market, saying growth is starting to pick up even as risks loomed from an uncertain global outlook. The central bank upgraded its assessment of the economy, saying it "has started picking up,&quo... [Full Article]
NEW YORK (Reuters) - U.S. stocks hit session highs in morning trading on Friday after a gauge of future U.S. economic activity rose to its highest level in nearly five years. The Dow Jones industrial average rose 64.81 points or 0.43 percent, to 15,298.03, the S&P 500 gained 9.33 points or 0.57 percent, to 1,659.8 and the Nasdaq Composite added... [Full Article]
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