Stocks hold near record as oil rebound lifts energy sector - Yahoo News
(AP Photo/Koji Sasahara) LONDON (AP) -- European stocks edged lower on Monday as investors were skeptical that Greece and its European creditors would find a quick deal to solve the country's debt problems. Asian stocks, however, closed higher after Japan emerged from recession. KEEPING SCORE: Germany's DAX fell 0.4 percent to close at 10,923.23 and France's CAC 40 dropped 0.2 percent to 4,751.95. Britain's FTSE 100 inched down 0.2 percent to 6,857.05. In Asia, Tokyo's Nikkei 225 jumped 0.5 percent to 18,004.77 and the Shanghai Composite Index added 0.6 percent to 3,222.36.
Stocks Hit Record High After European Data - Yahoo Finance
2014, file photo, shows a Wall Street address carved into the side of a building in New York. Global stocks rose Friday, Feb. 13, 2015, after Greece and its European creditors said they were willing grestest stock right now to compromise to help Athens with its debts, while fresh data showed improvement in the eurozone's economy. (AP Photo/Mark Lennihan, File) NEW YORK (AP) -- Stocks are holding near record levels on Friday as the price of oil jumps again, giving a lift to energy stocks. The Standard & Poor's 500 index touched a record intraday high and the Dow Jones industrial average traded back above 18,000.
Stocks Rise After European Data - Yahoo Finance
At market close the Dow was up 0.3%, the S&P 500 was up 0.4% while the Nasdaq was 0.8%. The company said it earned 2 cents a share, down sharply from the 58 cents a share in made in the year-ago quarter. Unfavorable weather and a big rise in expenses weighed on the firm. Management provided 2015 guidance that was in line with expectations. Like others in the industry, Kraft (KRFT) continues to be challenged by intense competitive pressures and soft consumer spending.
Like others in the industry, Kraft (KRFT) continues to be challenged by intense competitive pressures and soft consumer spending. We view the more balanced fourth-quarter organic sales growth (a 1.9% benefit from higher prices and 1.5% from increased volumes and favorable mix) positively. However, results took a back seat to the announcement from new CEO John Cahill would be removing several senior executives and begin to implement a new strategic plan. Foreign Markets European markets were near 7-year highs today after growth data. In late trading the FTSE 100 and the Paris CAC were each up 0.7% while Germanys DAX rose 0.4%.
Stocks Moving Modestly Higher Amid Jump In Oil Prices - U.S. Commentary - NASDAQ.com
The talks are said to increase the possibility of reaching an interim compromise deal at another eurozone finance ministers meeting on Monday. However, the early buying interest has been partly offset by the release of a report from the University of Michigan showing a sharp pullback in U.S. consumer sentiment in the month of February. The University of Michigan said its preliminary consumer sentiment index for February tumbled to 93.6 from the final January reading of 98.1.