Tag: stock market

Twitter is suffering a worldwide outage early Tuesday, with access in Europe looking to be the hardest hit. The downtime began at around 8:20 a.m. London time, with no or only sporadic access available via the Twitter website, mobile apps or third-party software such as TweetDeck. Instead, visitors saw an error page on the Twitter site saying, “Something is technically wrong.” A Twitter outage map on the Downdetector.uk site showed the problems were focused in the U.K. and Europe, though Japan and U.S. East Coast were also having problems. “Some users are currently experiencing problems accessing Twitter. We are aware of the issue and are working towards a resolution,” the company said in a post to its status Tumblr. But the issue seems to be worsening, as a Twitter status page for software developers was displaying “service disruption” on four of its services at around 9:20 a.m., after earlier only showing two of the services hit.

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From:: Stock Market News

French automaker Renault SA is to recall 15,000 cars to make sure they meet emissions standards, French Energy Minister Segolene Royal told RTL radio on Tuesday. The minister said the cars would be recalled before they go on sale. The announcement comes after antifraud detectives raided several Renault offices earlier this month, which was seen as an indication authorities had started an investigation into whether the automaker rigged emissions tests. This comes after Volkswagen last year admitted to cheating on environmental tests on some of the its diesel cars, prompting a recall of 11 million cars. Shares of Renault rose 1.7% on Tuesday.

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From:: Stock Market News

U.S. stock futures rose sharply on Tuesday as Chinese stocks rebounded in the wake of data showing that China’s economy grew for 2015 at its slowest pace in a quarter of a century. Dow Jones Industrial Average futures surged 210 points, or 1.3%, to 16,123, while S&P 500 futures jumped 25.20 points, or 1.3%, to 1,900. Nasdaq 100 futures gained 56.75 points, or 1.4%, to 4,197.75. U.S. stock and bond markets will reopen after closing Monday for the Martin Luther King Jr. holiday. The Shanghai Composite rose 3.2% after weak GDP data triggered expectations of stimulus from Beijing. U.S. crude oil rose 32 cents, or 1%, to $30.70 a barrel, while Brent crude added 73 cents, or 2.7%, to $29.27 a barrel. Over the weekend, sanctions on Iran were lifted, and the oil market is now braced for an influx of supplies from the country.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

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From:: Stock Market News

The chairman of the China Securities Regulatory Commission, Xiao Gang, has offered to resign after his idea of introducing circuit breakers to calm the Chinese stock markets failed, according to Reuters. But the CSRC denied on Chinese microblogging website Weibo that Xiao had offered to quit, Reuters said. Citing a financial industry source, the news organization said the securities regulator handed in his resignation last week, just a few days after the circuit-breaker mechanism was suspended. The policy was implemented at the beginning of the year to stem big swings in the stock markets, but was criticized for fueling more volatility, rather than preventing.

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From:: Stock Market News

U.S. stock futures gave up a lead and turned lower on Monday in a shortened session of trading, as oil prices began to push deeper into negative territory. Up over 100 points earlier in Europe’s session, Dow Jones Industrial Average futures eased 20 points to 15,888, while S&P 500 futures slipped 5.5 points to 1,869.75. Nasdaq 100 futures fell 5.25 points, or 0.3%, to 4,136. U.S. stock and bond markets are closed Monday for the Martin Luther King Jr. holiday. Stock futures contracts will trade until 1 p.m. Eastern Time. Oil prices were under pressure on Monday as the market began bracing for an influx of Iranian oil after the removal of sanctions on the country. Oil prices fell sharply in Asia, then bounced around in Europe’s open. U.S. crude oil was last hovering at $30 a barrel, off about 31 cents, or 1%, while Brent crude traded around $28.69 a barrel, down 24 cents, or 0.8%.

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From:: Stock Market News

U.S. stock futures rose on Monday in a shortened session of trading, with fortunes closely tied to oil prices. Up over 100 points at one stage, Dow Jones Industrial Average futures rose 30 points to 15,942, while S&P 500 futures gained 1.75 points to 1,876.75. Nasdaq 100 futures rose 9.75 points, or 0.2%, to 4,149.75. U.S. stock and bond markets are closed Monday for the Martin Luther King Jr. holiday. Stock futures contracts will trade until 1 p.m. Eastern Time. Oil prices were under pressure on Monday as the market began bracing for an influx of Iranian oil after the removal of sanctions on the country. Oil prices fell sharply in Asia, then bounced around in Europe’s open. U.S. crude oil was last hovering at $29 a barrel, off about 4 cents, while Brent crude traded around $28.86 a barrel, down 10 cents, or 0.3%.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

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From:: Stock Market News

U.S. stock futures rose on Monday in a shortened session of trading, as oil prices pared back losses made in early European trading hours. Dow Jones Industrial Average futures rose 29 points to 15,940, while S&P 500 futures gained 1.5 points to 1,876.50. Nasdaq 100 futures rose 3.75 points to 4,143.75. U.S. stock and bond markets are closed Monday for the Martin Luther King Jr. holiday. Stock futures contracts will trade until 1 p.m. Eastern Time. Oil prices were under pressure on Monday as the market began bracing for an influx of Iran oil after the removal of sanctions on the country. Oil prices fell sharply in Asia, pared some losses, then sold into Europe’s open. U.S. crude oil was last hovering at $29 a barrel, off about 40 cents, or 1.36%, while Brent crude traded around $28.43 a barrel, down 50 cents, or 1.7%.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

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From:: Stock Market News

U.S. stock futures rose on Monday in a shortened session of trading on Monday, , as oil prices pared back losses made in early European trading hours. Dow Jones Industrial Average futures rose 92 points, or 0.6%, to 16,005, while S&P 500 futures gained 9.75 points, or 0.5%, to 1,884.50. Nasdaq 100 futures rose 22 points, or 0.5%, to 4,163. U.S. stock and bond markets are closed Monday for the Martin Luther King Jr. holiday. Stock futures contracts will trade until 1 p.m. Eastern Time. Oil prices were under pressure on Monday as the market began bracing for an influx of Iran oil after the removal of sanctions on the country. Oil prices fell sharply in Asia, pared some losses, then sold into Europe’s open. U.S. crude oil was last hovering at $29 a barrel, off about 40 cents, or 1.36%, while Brent crude traded around $28.43 a barrel, down 50 cents, or 1.7%.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

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From:: Stock Market News

U.S. stocks ended the day with sharp losses Friday, posting the worst 10-day start to a year in history. A combination of plunging crude-oil prices and worries about slowing growth in the U.S. and China unsettled investors. Stocks trimmed their losses in the last hour of trading, but remained sharply lower. The S&P 500 closed 45 points, or 2.3%, lower at 1,876, with financials, information technology and energy leading the losses. The Dow Jones Industrial Average fell 392 points, or 2.4%, to 15,987. Intel led the Dow industrials lower, down more than 9%. Meanwhile, the Nasdaq Composite ended the day down 127 points, or 2.7%, at 4,488.

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From:: Stock Market News

Market internals suggest investors shouldn’t view Friday’s bloodbath in the broad market indexes as the washout needed to clear the way for a stock market recovery. The NYSE’s Arms Index, which is a volume-weighted measure of market breadth many use measure selling or buying intensity, rose to 1..44 in afternoon trade. That was well below the key 2.0 level, which technicians view as the threshold that suggests panic selling, or capitulation by bulls. Meanwhile, the Dow Jones Industrial Average tumbled 375 points, and the S&P 500 slumped 2.3%. Last year’s high in the NYSE’s Arms Index was 4.95 on Sept. 1, when the Dow tumbled 470 points; the Dow rose 293 points the next day, and climbed 1830 points over the next three months.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

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From:: Stock Market News