Currencies: Euro down back under $1.30 after home-price data
The U.S. dollar recovers against the euro as a report shows U.S. home prices improved in May more than many analysts had expected, tempering worries that a housing-market slump would limit economic growth. Click here to read the full story
Read more..Asian stocks gain after US home sales rebound
By 2010-07-27T05:27:15Z TOKYO (AP) — Most Asian stock markets were moderately higher Tuesday as a rebound in U.S. new home sales helped ease lingering worries over the strength of the global economic recovery…. Click here to read the full story
Read more..Yield Rises Sharply at Portugal T-Bill Auction
Portugal paid more than twice as much interest to sell 1.25 billion euros ($1.62 billion) in one-year bills on Wednesday compared to a tender three months ago, hit by worries over banking stress tests and its public finances. Click here to read the full story
Read more..[$$] No Legs for Earnings RallyAgain (at The Wall Street Journal)
Dow s Earnings-Season Rally Fizzles, Again The Dow rally at the start of earnings season last week was quickly snuffed out as worries about the U.S. economy took hold, despite positive profit numbers so far. Click here to read the full story
Read more..Indications: U.S. stock futures higher as GE s profits climb (at MarketWatch)
U.S. stock futures edged into positive territory Friday, as relief over Goldman Sachs and BP liabilities and stronger-than-forecast General Electric earnings were partly checked by worries over the economy as well as Google s dimmer-than-hoped earnings growth. Click here to read the full story
Read more..Wall St falls on weak data, deflation worries
NEW YORK (Reuters) – Stocks fell on Thursday after anemic economic data underscored fears about slumping economic growth. Click here to read the full story
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