GLOBAL MARKETS-Stocks, bonds set for weekly gain as looser policy eyed – Yahoo Finance
U.S. stocks rose on Thursday, with the S&P 500 index ending 0.43 percent higher. Traders said http://www.todayhotstocks.com Putin’s remarks that Russia would stand up for itself but not at the cost of confrontation with the outside world, had eased pressure on the market. U.S. Treasury yields remained close to recent lows.
Among individual stocks, shares of Monster Beverage (MNST) have moved sharply higher after the energy drink maker announced a long-term strategic partnership with beverage giant Coca-Cola (KO). As part of the agreement, Coca-Cola will acquire a nearly 17 percent stake in Monster. Scientific instruments maker Agilent (A) is also turning in a strong performance after reporting third quarter results that exceeded analyst estimates. On the other hand, shares of Nordstrom (JWN) have come under pressure after the luxury department store chain reported weaker than expected second quarter same-store sales growth. In overseas trading, stock markets across the Asia-Pacific region moved mostly higher during trading on Friday.
Stocks End Higher After Earnings, Data – Yahoo Finance
Global stock markets overcame a contraction in Japan’s economy and jitters about Ukraine and Iraq to mostly rise Wednesday, but analysts said new geopolitical developments would likely make for volatile trading. (AP Photo/Mark Lennihan, File) LONDON (AP) European stock markets brushed aside soft economic data to trade modestly higher Thursday as this week’s largely positive investor sentiment persisted. KEEPING SCORE: France’s CAC 40 was up 0.4 percent at 4,212 while Germany’s DAX rose the same rate to 9,230. Britain’s FTSE 100 edged up 0.5 percent to 6,670.
Markets brush off soft European economic data – Yahoo News
As long as people believe what he is saying they will support the market.” On Friday, the pan-European FTSEurofirst 300 index rose 0.8 percent in early trade, rising for the fourth day in five, helped by the world’s biggest miner, BHP Billiton, saying it could spin off assets. The index is up 2.5 percent for the week, a performance not matched since the week ending Dec. 20. Asian shares rose, with MSCI’s main index of Asia-Pacific shares outside Japan up 0.2 percent. Tokyo’s Nikkei index ended flat but with a 3.7 percent gain for the week, its biggest since mid-April.
Stocks Moving Mostly Higher Following Mixed Batch Of Data – U.S. Commentary
Cisco (CSCO) posted solid fiscal 2014 fourth-quarter results despite strong headwinds in most emerging markets and continued weakness in the service provider segment. Total revenue declined less than 1% year over year and increased 7% versus the prior quarter, the strongest sequential growth rate since sales recovered coming out of the financial crisis. Cisco expects fiscal 2015 first-quarter revenue will be flat to up 1% year over year, implying a small sequential decline. Revenue came in a little below the mean of analyst expectations at $4.2 billion compared with $4.3 billion in the same period last year.