Liz Strauss

Facebook Blog

header photo

Stocks Rally On U.s. Data, Euro Slides Further - Yahoo Finance

January 18, 2015

STOCKS SURGE TO END THE WEEK: Here's What You Need To Know - Yahoo Finance

gasoline prices fell again in December, leading consumer prices to post their biggest decline in six years, while a gauge of underlying inflation was flat. The data could make the Federal Reserve cautious about raising interest rates. Global equity markets rebounded, with U.S. stocks capping five straight sessions of losses. European shares rose on growing expectations of economic stimulus from the European Central Bank.

Stocks rebound on U.S. data, euro slides further - Yahoo News

Industrial production figures for December declined 0.1%, in line with estimates. The preliminary reading for the University of Michigan Consumer Sentiment for January jumped to 98.2, the highest reading in nearly eight years, up from a final December reading of 93.6. European markets closed higher after trading mixed earlier in the session. STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more .

3. According to a report in The Wall Street Journal, Deutsche Bank lost $150 million on the franc's rapid move, with the Journal adding that Barclays lost "tens of millions." 4. The number of oil and gas rigs in operation in the US continues to plunge , with the total number of rigs in use falling by 74 last week to 1,676, the biggest weekly drop since January 2009. This is the lowest number of rigs in use since October 2010, and the biggest declines were seen in Texas, as the Permian basin saw 15 rigs shutter last week, while 12 rigs in the Eagle Ford basin were shut down. 5.

Stock Market Today: - TheStreet

data, euro slides further By Herbert Lash 15 hours ago . View gallery A man walks past the London Stock Exchange in the City of London October 11, 2013. REUTERS/Stefan We By Herbert Lash NEW YORK (Reuters) - Stocks on Wall Street rebounded on Friday on renewed signs of solid growth and as U.S. consumer sentiment hit an 11-year high, while the euro slid further against the dollar a day after Switzerland moved to ditch its currency cap.

Go Back