Greece's prime minister voiced hope that bailout talks between the cash-strapped country and its international creditors are "very close" to an initial deal, and ruled out early elections if the dragging negotiations fail.
Asian stocks scaled fresh seven-year peaks on Tuesday as Apple's upbeat earnings offset underlying caution ahead of the Federal Reserve's policy meeting scheduled to start later in the session.
... * CSI300 -0.6 pct; SSEC: -0.3 pct; HSI: -0.1 pct. * Banks surge on speculation the central bank may buy assets. * ChiNext shares slump on valuation concerns.
Imperial Capital analyst Bob McAdoo came out today with his views on American Airlines Group Inc (NASDAQ:AAL), following the company's release of its first quarter results.
NEW YORK - U.S. stocks slumped on Monday as investors looked ahead to a flood of earnings reports this week. Stocks appeared headed for new highs in the morning, but drifted lower in the afternoon as health care companies dropped sharply.