Stocks up again despite SocGen shock
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Global stocks posted fresh gains on  Friday, shrugging off an astounding $7 billion fraud at French  bank Societe Generale, while commodities rallied as a U.S. tax  stimulus package helped ease recession fears.
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U.S. stocks rallied on Monday, with the S&P 500 index reaching a six-year high and the Nasdaq jumping more than 1 percent as lower oil prices and a wave of takeover deals boosted optimism about the economic outlook and corporate valuations.
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U.S. stocks rose further in late afternoon trade on Friday, sending major indexes up more than 1 percent, as investors bet that the market may be finding its feet after weeks of turmoil, while surprisingly strong data eased concerns about the economy.
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Wall Street was sharply higher as investors shrugged off concerns about problems in the bond insurance industry.
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U.S. stocks rallied on Thursday, with the S&P 500 touching a six-year high and the Nasdaq jumping more than 1 percent, after higher-than-expected earnings from companies, including Ciena and Costco, improved the outlook for steady profit growth.
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Stocks extended gains on Wednesday, with the Dow at an all-time intraday high and the Nasdaq up 1 percent as weaker-than-expected services data calmed interest-rate and inflation worries.
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European shares snapped higher on Wednesday after a two-day losing streak thanks to gains for the financials sector.
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Stocks rose sharply on Tuesday, driving the Nasdaq composite index more than 1 percent higher, as overseas equities rebounded and investors bet that markets may be stabilizing after recent heavy losses.
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THE share market reached a record high today, despite a negative lead from the US where markets fell overnight. At 1030 AEST, the benchmark S&amp;P/ASX 200 index was trading at 3595.
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European equities swung higher on Tuesday after traders latched on to positive news from Germany and the US, giving battered cyclical stocks a lift.
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Stock jumps despite revelation of $5.5B mortgage-related writedowns.
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Stocks turned higher Tuesday, sending the Dow Jones industrial average back above the 10,000 mark, as investors shrugged off rising energy prices and focused instead on good corporate news.
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U.S. stocks rose on Thursday, extending a rebound from last week's sharp sell-off, as investors snapped up financial shares and strong monthly sales from key retailers overshadowed concerns about the subprime mortgage lending market.
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Stocks rose in early trading Monday after a fresh round of buyout news offered evidence that Wall Street's penchant for dealmaking hasn't disappeared.
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European stocks have soared as participants seized on positive earnings news, unchanged US interest rates and encouraging signs that the US economy was on track.
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European stocks have made solid gains in morning deals after a rebound on Wall Street overnight.
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NEW YORK - Stocks turned higher Tuesday, sending the Dow Jones industrial average back above the 10,000 mark, as investors shrugged off rising energy prices and focused instead on good corporate news. Even a decline in consumer confidence failed to shake the enthusiasm of buyers...