U.S. stocks surged on stronger-than-expected housing activity and a moderating of volatility after sharp moves in bond, commodity and currency markets roiled equities in the first two weeks of volatility.
Activity in the U.S. housing market hit a one-year high, bolstering U.S. stocks and outweighing a trend of third-quarter earnings shortfalls among Dow giants.
Third-quarter earnings in the U.S. continue to reflect strengthen consumer spending, but some troubling signs for Dow Industrials bellwethers.
U.S. stock futures are rising steadily after Chinese gross domestic product for the July-September quarter rose 7.3%, exceeding consensus forecasts.
A light day of economic data led to one of the least volatile trading sessions in U.S. stock markets since slumping global economic data roiled markets this October.
For the first time in weeks, corporate news is driving stock markets.
The Dow Jones Industrial Average opens lower, erasing slight premarket gains after IBM said it would fall short of previous 2015 profit forecasts and reported weaker-than-expected third-quarter earnings.
U.S. stock futures are trading lower on Monday.
Almost every large activist hedge fund may get their 15-minutes of attention by the time Family Dollar’s takeover saga ends.
KKR, one of the inventors of modern-day private equity, is trying to move in a new direction by investing larger sums of its own money into buyout deals.