View photo FILE - This Oct. 8. 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 to compromise to help Athens with its debts, while fresh data showed improvement in the eurozone's economy.
Stocks Hit Record High After European Data - Yahoo Finance
GREEK TENSIONS: Eurozone finance ministers meet Monday to consider Greece's proposal for short-term "bridge financing" without the onerous terms previously imposed on the country until a longer-term solution to Greece's crushing http://www.todayhotstocks.com debt is found. Investors hope an agreement will be reached to avoid Greece's exit from the euro. Germany's finance minister on Monday said a quick deal on Monday is unlikely. That pushed Athens' stock index down almost 4 percent. JAPAN REBOUND: Asia was buoyed by news Japan emerged from recession last quarter, even though growth fell short of many forecasters' expectations.
Stocks Rise After European Data - Yahoo Finance
Market Stocks were higher today after encouraging news from the eurozone. The S&P 500 closed at a record high. Eurozone GDP grew 0.3% in the fourth-quarter, above the 0.2% growth expected by economists. The outperformance was driven by an acceleration of growth in Germany.
At midday the Dow and S&P 500 were each up 0.2% while the Nasdaq was 0.4% higher. 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.
Stocks see jump on rising oil prices - Toledo Blade
slump ASSOCIATED PRESS NEW YORK A slight gain was enough to push the stock market to a record high Friday. Stocks climbed as a rebound in oil prices pushed energy stocks higher. A report showing faster-than-forecast growth in Europe at the end of last year also boosted investor sentiment. Investors also were picking over the latest earnings news.