U.S. stocks close higher on tech, bank gains

SAN FRANCISCO (MarketWatch) -- U.S. stocks rallied to close higher Thursday led by the technology and financial sectors on the back of a more optimistic jobs outlook. The Dow Jones Industrial Average closed up 93.47 points, or 0.7%, at 12,719.49. Intel Corp. and Cisco Systems Inc. shares both closed up more than 2%, and shares of J.P. Morgan Chase & Co. and Bank of America Corp. climbed 1.9% and ...

See Full Article

Source: Market Watch

U.S. stocks sink on debt fears; gold, dollar gain
SAN FRANCISCO (MarketWatch) -- U.S. stocks closed with broad losses Monday as investors transferred holdings into safe-havens such as the dollar and gold on concerns over U.S. debt levels and European...
Novartis net profit rises 12% on sales gain of 27%
MADRID (MarketWatch) -- Swiss pharmaceutical group Novartis AG on Tuesday announced second-quarter net attributable profit of $2.7 billion, against profit of $2.42 billion in the same period a year...
US close: Stocks fight back
LONDON (SHARECAST) - Stocks finished in positive territory heading into the weekend, winning back some of the losses incurred earlier in the week. The Dow Jones closed up 42 at 12,479, the S&P 500 finished...
Arab stocks suffer from Greek and Italian debt debacle
AMMAN: Arab stock markets lost ground last week as investors came under negative impact from global recovery worries, Europe's debt ordeal and the persistent political turmoil in the Middle East, financial...
JPMorgan investment bank has surprise gains in 2Q
JPMorgan Chase surprised Wall Street Thursday with a sharp increase in investment banking income at a time when other banks are warning of layoffs because of a slowdown in trading.
Stocks give up gains on U.S. default worries
North American financial markets gave up earlier gains Thursday as the U.S. Federal Reserve Chairman Ben Bernanke dimmed hopes for more stimulus spending by the central bank and used strong words to...
US stocks dip on debt worries
US stocks fell on Thursday as the market worried about a possible US debt default if Congress fails to act soon to raise the borrowing limit. The Dow Jones Industrial Average dropped 54.49 points (0.44...