11.38 Back on the FTSE 100, shares in product inspection group Intertek have tumbled 4.8pc to the foot of the benchmark index after warning that the disappointing performance of its commodities business would weigh on margins. The company said that ...

11.38 Back on the FTSE 100, shares in product inspection group Intertek have tumbled 4.8pc to the foot of the benchmark index after warning that the disappointing performance of its commodities business would weigh on margins. The company said that ...

So, passive flows have continued to be strong; there have been pretty persistent strong flows into passive index-based products.

Bank of America (BAC.N) said it would settle claims with MBIA (MBI.N) for $1.6 billion, lifting shares of both companies as well as the S&P financial sector Index .SPSY, which gained 1 percent. MBIA shares jumped 45.4 percent to $14.29 and Bank of ...

In recent weeks and months, the housing and automobile market has been showing signs of strength. For example, April car and truck ... This term refers to what the company might be able to earn when business conditions return to normal and profits are ...

The S&P 500 fell 0.5%. Asia: The Nikkei closed 0.7% up, reaching a fresh five-and-a-half-year high, undoing losses from the morning session resulting from weak outlook for capital spending over the next quarter.

At the close, the DJIA was up 16.3, the Nasdaq Composite up 14.8% and the S&P 500 up 15.8% year-to-date. ... San Francisco Federal Reserve Bank President John Williams Thursday retained his bullish outlook for the U.S. economy and the jobs market ...

UK markets finished higher yesterday, as optimistic growth outlook from the Bank of England and upbeat UK employment data lifted sentiment.

Additionally, markets are keeping an eye on the Bank of England's (BoE) inflation report due later today. Compass ... Manufacturing & Industrial Production, NY Empire State Manufacturing Index, NAHB Housing Market Index, Producer Price Index, Capacity ...

NEW YORK -- The Standard & Poor's 500 index closed at a new all-time high Monday as investors were buoyed by positive economic reports.