Over the last twelve months mining stocks have substantially underperformed the market. In fact, the Standard and Poor's Metals and Mining select industry index (INDEXSP: SPSIMM) is off 35% in the past year, while the overall market is up 2.5%. Admittedly commodities prices are down, but only ...
For investors, May started out as a month of great promise. On May 1, the Dow Jones Industrial Average climbed 65.69 points, closing at 13,279. Since then, however, that promise has turned to plummet. The Dow posted losses on 12 of the next 14 trading days, ...
The 17-country eurozone risks falling into a "severe recession," the Organization for Economic Co-operation and Development warns, calling on governments and Europe's central bank to act quickly to stop the slowdown spilling over into the global economy.
Despite some differences, a deal has been reached with Iran that will allow the U.N. nuclear agency to restart a long-stalled probe into suspicions that Tehran has secretly worked on developing nuclear arms, the U.N. nuclear chief said Tuesday.
World stock markets rose Tuesday, perked by hopes that Europe and China will take steps to boost flagging economic growth.
Spain has auctioned off €2.53 billion ($3.23 billion) in short-term debt amid strong demand, though it has had to pay higher interest rates.
Official data shows that consumer price inflation in Britain fell to 3 percent in April, a bigger drop than expected and the lowest since February 2010.
Commodities are down after the OECD cut its Eurozone and China growthforecasts, sending risk-geared raw materials lower while boosting the US Dollar.
One day, the small espresso shop near the site of the London Games was the "Olympic" cafe. The next day, it was the "Lympic."
(Reuters) - Stock index futures pointed to a slightly higher Wall Street open on Tuesday, with futures for the S&P 500, the Dow Jones and the Nasdaq 100 up 0.1 to 0.2 percent. Bayer and Onyx Pharmaceuticals failed to show in a late-stage clinical study that their blockbuster drug Nexavar ...